โ๏ธTokenomics
Token Flow in City of Greed Game & Token Economy
City of Greedโs economy is purposefully tailored to Web3 users, whom we presume will take part in the trading of tokens, grinding for rewards, and seeking a thrill of excitement. Here are the 3 elements that contributed to the City of Greed economy:
Zero-emission P2E & Deflationary Token
As the rewards are ETH drops. There will be no ASG emission in the game.
$ASG will be used to purchase the in-game currency Greedy Coins & used for Land Minting.
80% of $ASG spent by players from the above-mentioned activities will be burned each day. Making the $ASG supply deflationary over time.
Trading Tax
A five percent trading tax is imposed on both buying and selling transactions of the tokens. This tax serves as a revenue source for the project and incorporates innovative mechanisms to reward players and incentivize token holders through revenue sharing.
Revenue Share
Trading taxes from our tokens are shared back to token holders. This approach transparently reduces tokens in circulation while also promoting alignment between holders' incentives and the project's growth. For more information please visit Revenue Sharing
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