💎TOKENOMICS
Last updated
Last updated
Glossary:
#Balloon Launch#:An innovative fundraising method for COON, based on a transparent and fair inflationary mechanism.
#COON#:The native token of the RACCOON platform, which also functions as a meme token.
#C-COIN#:In-game currency used for In-App Purchases (IAP) within the RACCOON platform.
#C-GEM#:A certificate used within the RACCOON platform to mint COON tokens.
1.C-GEM:Players earn C-GEMs by playing games on the RACCOON platform. These C-GEMs serve as the only proof for minting COON tokens after the MINT period ends. The COON distribution will be conducted through an airdrop based on the proportion of C-GEMs each player holds relative to the total C-GEMs generated on the RACCOON platform during the MINT period.
2.Liquidity Pool:After the MINT period ends, during the Balloon Launch phase, 80% of all IAP revenue generated by players on the RACCOON platform during the MINT period will be combined with 27.5% of COON tokens to form the DEX liquidity pool, which will be permanently locked.
3.C-GEM Acquisition: During the COON MINT period, which lasts approximately one quarter, players can earn GEMs by engaging in various activities on the RACCOON platform, including:
Treasure Hunt: Complete levels to earn GEMs.
Gem Quest: Earn C-GEMs through idle gameplay.
Arena: Participate in various competitive games, where the outcome depends entirely on the player's skill. Players wager C-GEMs to enter competitions and earn C-GEMs as rewards based on their performance. C-GEM generation is primarily driven by gameplay time and skill level.
4.Fairness: All IAP transactions, the total C-GEMs generated, C-GEMs burned, and COON locked addresses will be transparently displayed to all MINT participants, ensuring transparency and protecting the interests of all users.
5.Project Costs/Team Revenue: The RACCOON founding team aims to develop RACCOON into a long-term decentralized project. The project development/operation costs, server costs, team revenue, and early marketing expenses during the MINT period will be covered by 20% of the IAP revenue. Any surplus will be used by the founding team to buy back and burn COON tokens.
6.C-GEM Burn Mechanism: In the RACCOON battle mode, a dynamic percentage (1-5%) of all betting pools generated by competitive games will be burned to reduce the total supply of GEMs.
1.COON Replacing GEM: In RACCOON battle tournaments, the entry fee previously paid in C-GEM will be replaced with COON tokens, which will be used for ecosystem-wide settlements.
2.Prize Pool Rules: RACCOON battle will deduct a certain percentage (1-5%) of the prize pool, which will serve two purposes: COON token burning for deflationary purposes and supporting the project's operational costs (including server costs, early developer costs, and marketing expenses). This percentage will be dynamically adjusted in real-time by the platform's algorithm.
3.MG Launchpad: According to the roadmap, developers can submit gameplay proposals to the COON DAO. Community members can stake COON tokens to vote on proposals, with selected products being launched. The revenue generated by these products will be distributed as follows: 60% will be airdropped back to staking voters within the first three months, proportional to their stake, and 40% will be distributed to developers as profit.
Distribution
Sub-Distribution
Percentage
Description
Airdrop
Airdrop
5%
Used for early-stage airdrops in the project.
Mining
Pre-mining
47.5%
During the first 1-3 months of the game launch, COON tokens will be minted based on the amount of C-GEMs obtained by playing games on the Raccoon platform, and distributed proportionally as airdrop rewards.
Liquidity Pool
/
27.5%
During the first 1-3 months of the Mint phase, 80% of IAP revenue will be combined with 30% of the total COON tokens to form liquidity, locked in the liquidity pool, and burned. COON will be listed on DEX in the 4th month.
Foundation
Ecosystem Fund
10%
Used to support the development and construction of the ecosystem, potentially including CEX listings, marketing efforts, and more.
Foundation
Development Fund
5%
Used to support platform maintenance and development in the 4th month after COON is listed on DEX, with vesting over multiple quarters post-DEX launch.
Community Incentives
/
5%
5% is used to reward community members for their participation and contributions.