As explained in About Dubloon, 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 Smart Contract, 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 Multisignature Wallet, whereafter the balance will either remain as DUB or be processed through an Off-Ramp) 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. Read more about liquidity here.
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 DEX or CEX 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. Presale information & vesting periods are available here.
Launch Unlock: The amount of tokens belonging to each token allocation that is available for selling, trading or swapping upon the public launch of Dubloon token.
Lock-Up Period: A period of time in which tokens (100% of which, unless stated otherwise) are locked and cannot be traded or sold.
Vesting Period: A period of time which tokens are gradually unlocked according to the vesting information on the following page. Unlelss stated otherwise, tokens unlock at a linear rate at monthly intervals between the start and end of the vesting period.
Fully Unlocked: The point at which 100% of tokens in a given token category are fully unlocked.
The vesting information in this chart describes the individual token vesting periods for holders of Dubloon tokens that fall under any of the below categories. Dubloon tokens purchased or received through multiple channels of token acquisition (i.e investing in the Public Sale AND receiving Advisors' tokens) will be subject to their individual vesting periods. Purchasing or receiving tokens through one channel of token acquisition does not affect the vesting periods of tokens purchased or received through other channels.
Seed Sale
10% of Tokens unlocked at Dubloon's public token launch. Remainder locked for 4 months, whereafter they unlock at a linear rate at monthly intervals, ending at 15 months.
Private Sale
15% of Tokens unlocked at Dubloon's public token launch). Remainder locked for 3 months, whereafter they unlock at a linear rate at monthly intervals, ending at 15 months.
Public Sale
25% of Tokens unlocked at Dubloon's public token launch, whereafter they unlock at a linear rate at monthly intervals, ending at 4 months.
Ongoing Development
100% of Tokens are locked at Dubloon's public token launch. Remainder locked for 4 months, whereafter 100% of tokens become fully unlocked. If these funds are not needed upon unlock, they will be re-locked on a rolling monthly basis until otherwise needed.
Marketing
100% of Tokens are locked at Dubloon's public token launch. 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.
Foundation Treasury
100% of Tokens are locked at Dubloon's public token launch. Thereafter, 25% of the given balance will be unlocked at 6-monthly intervals, until the vesting stage ends at 36 months, whereafter the full balance is unlocked.
Advisors
5% of Tokens are unlocked at Dubloon's public token launch. Remainder locked for 2 months, whereafter they unlock at a linear rate at monthly intervals, ending at 12 months.
Liquidity
The planned vesting periods are subject to change, pending launchpad partnerships.
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.
Dubloon token goes on sale at three distinct presale stages, with varying price points, broken down into stages below. Further information on vesting/lockups is on the following page.
Our "Seed Sale" stage of the Dubloon token sale is to support the first stages of development of the Plodding Isles network of games and applications, including product & market research, team composition and game studio retainers. Seed Sale is only available to a select few investors that are hand-picked by our team.
Date: Q1-Q2 2022 (Ongoing) Available Amount: 150 Million DUB Tokens Amount to be Raised: $1.5 Million USD Estimated Purchase Price per Token¹: $0.01 USD Sale Platform: Upon Request² Vesting: Vesting Periods Here
Our "Private Sale" stage of the Dubloon token sale is to further support the first stages of development of the Plodding Isles network of games and applications. Private Sale will be available to a whitelisted group of buyers.
Date: Q1-Q2 2022 (Ongoing) Available Amount: 100 Million DUB Tokens Amount to be Raised: $2 Million USD Estimated Purchase Price per Token¹: $0.02 USD Sale Platform: TBC² Vesting: Vesting Periods Here
Our "Public Sale" stage of the Dubloon token sale is the final stage of our Dubloon Token presale and will be open to all.
Date: TBC 2022 Available Amount: 100 Million DUB Tokens Amount to be Raised: $3 Million USD Estimated Purchase Price per Token¹: $0.03 USD Sale Platform: TBC² Vesting: Vesting Periods Here
The "Release" stage of DUB token sale begins when liquidity is added to the Dubloon Smart Contract and the token becomes available for trading on exchanges and use within Plodding Isles applications.
Date: TBC 2022 Estimated Price per Token¹: $0.035 USD Sale Platform: Any Decentralized Exchange on the Polygon network. Centralized exchanges TBC.
¹Estimated Price Per Token: Calculated according to token price on release.
²The planned presale structure is subject to change, pending launchpad partnerships.