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Fancy Token Economy


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Fancy Games DAO is a mobile-focused, Play-To-Earn (P2E) arcade game platform that aims to bring casual play-to-earn gaming to the masses. Fancy Games bridges the gap between “Earn-First” and “Play-First” games, appealing to casual and P2E gamers alike by removing the barrier to entry with free-to-play mechanics, and leveraging crypto in ways that go beyond just adding a token or tokenizing in-game assets.

Our platform will provide users the ability to access multiple play-to-earn games, emulating the nostalgic experience of past casual gaming platforms, such as Miniclip and Addicting games, while also providing gamers the opportunity to earn monetary rewards through a native governance token, $FNC.

Learn to Fly, Fly to Earn

Fancy Birds is the genesis game of the Fancy Games platform which expands on the mechanics of traditional arcade mini-games by introducing a play-to-earn aspect.

0*ZPURi_lflGIqsQqrFancy Birds Gameplay

The game aims to financialize the addictive fun of casual arcade games by creating an open economy with 8,888 randomly generated genesis Fancy Bird NFTs. Users are required to hold NFTs to play the game and earn FNC by completing daily & weekly quests.

FNC will serve as the governance token of the Fancy Games ecosystem, as well as a core component of the flagship Fancy Birds game, used for breeding, earning, staking, customization of NFT assets, participating in exclusive tournaments and game modes, and overall value capture on the platform.

FNC Tokenomics

0*DaK23Q--b5cPKVgpFNC Token Allocation

The total token supply of FNC will be 1 billion, which will be minted at genesis.

The initial Token Allocation of 220,000,000 FNC will be as follows:

2.5% to the Pre-Seed Round

7.5% to the Seed Round

  • Vesting: 18% to be given as a ‘locked staking position of 1 year’ in the single FNC staking pool.
    The remaining 82% will be on a 3 month lock, followed by linear vesting for 36 months.
  • As the game is scheduled to come out Q1 2022, it is important for the strategic gaming investors and Guilds to be able to have a locked staked position to be prepared to be used in-game. The locked staked position can either claim FNC which will be vested for 1 year from claim, OR claim sFNC (synthetic FNC) to be used in the game economy for breeding and other in-game activities.

10% to the Team & Advisors

  • Vesting: 6 month lock, followed by linear unlock for 36 months.

2% to Marketing

  • Vesting: 3 month lock, followed by quarterly unlock for 36 months.
  • A portion of marketing was used for strategic value add investors after the closing of the seed round.

The 780,000,000 FNC allocated to the FNC community members will be divided as follows:

40% to In-Game Rewards and Ecosystem Incentives

20% to Liquidity Mining

  • 10% dedicated to staking rewards in the first year. (a 20% pool for single staking FNC, and a 80% pool for FNC/ETH LP).

10% to the Fancy Treasury

8% to the Public Token Sale

  • 0.5% for Impossible IDO
  • Vesting: 3 month lock.
  • 7.5% for Copper Launch LBP

Fancy Games Token Launch Auction

We’re excited to be commencing the Fancy Games Token Launch Auction on the Copper platform, on December 14th at 3:00 PM UTC.

Click here for the link to the live auction.

Copper is the most decentralized and user-friendly way to participate in a Token Launch Auction, which uses a specific configuration of Balancer’s Liquidity Bootstrapping Pools (LBPs), allowing a more equitable distribution of tokens for all participants. Copper makes it easy to create and use LBPs through their intuitive and easy-to-use website.

For an in-depth guide on how to participate in the FNC TLA, please check out our How to Guide.

Socials

https://twitter.com/Fancybirdsio

https://discord.gg/fancybirds

https://t.me/FancyBirdsAnnouncements

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