Token Allocation
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As explained in , the total supply of tokens is one billion. These tokens will be divided according to our token allocation structure, outlined and explained in greater detail below.
8% (80 Million) Tokens will be added to a , which will also receive fees (in DUB, MATIC, USDC or any other token through which fees are generated) from Plodding Isles and Plodding Isles: Mini, in addition to any other fees generated through NFT sales or any future fee-generating applications that form part of the Plodding Isles ecosystem. Funds within the Foundation Treasury will support the Plodding Isles ecosystem, including but not limited to staffing, maintenance and technology costs. 25% of the given balance will be unlocked (made available for withdrawal into the Isles Web LLP , whereafter the balance will either remain as DUB or be processed through an ) at 6-monthly intervals, until the vesting stage ends at 36 months, whereafter the full balance is unlocked. Unlocked tokens held in a Multisignature wallet.
4% (40 Million) Tokens will be added to a Smart Contract, which will be locked for 4 months. Funds within the Ongoing Development allocation are to support game & ecosystem development and ongoing fees, as needed. If these funds are not needed upon unlock, they will be re-locked on a rolling monthly basis until otherwise needed. Unlocked tokens held in a Multisignature wallet.
5% (50 Million) Tokens will be added to a Smart Contract, then released at a rate of 0.2% (2 Million Tokens) of overall token supply on a monthly basis, until after a 12-month period, whereafter the rate increases to 0.5% (5 Million Tokens) per month. These funds will be used for an ongoing brand awareness campaign, through both internal and external paid marketing and PR. Unlocked tokens held in a Multisignature wallet.
3% (30 Million) Tokens will be added to Smart Contract, which will be locked for two months (apart from 1.5 Million unlocked at public token launch), then unlock at a linear rate over a period of 10 months. These funds will be used to pay individuals who join the Plodding Isles team in advisory positions. Unlocked tokens held in a Multisignature wallet unless fully distributed.
10% (100 Million) Tokens will contribute to Dubloon liquidity, enabling the trading of Dubloon tokens on third-party exchanges. Tokens will be locked for three years. Prior to the three-year landmark, a governance vote will be held amongst Dubloon holders to offer direction on keeping liquidity locked beyond the three-year unlock date.
20% (200 Million) Tokens will contribute to various rewards and token incentives. These include but are not limited to airdrops, staking rewards and in-game bonuses. The first post-launch airdrop will be delivered for original holders of our NFT collections, for which two snapshots will be taken to establish eligibility. This airdrop will be conducted 7 days after initial liquidity has been added to Dubloon on the or of our choice. Unlocked tokens held in a Multisignature wallet.
35% (350 Million) Tokens are allocated to the three presale stages; Seed Sale, Private Sale & Public Sale at amounts of 150 Million Tokens, 100 Million Tokens & 100 Million Tokens respectively.
