Khuga Labs has officially launched the first version of its ecosystem whitepaper, revealing $KOIN tokenomics, utility, and a 3-phase roadmap. This comprehensive document details everything you need to know about the Khuga IP, including Miawwhalla, Khuga Rumble Arena, and more. Let’s dive into what this means for the future of blockchain gaming!
What Is the $KOIN Token?
The $KOIN token is the foundation of the Khuga ecosystem, also referred to as the Khugaverse. Built on Base, this token is designed to power the blockchain gaming experience, expand the Khuga IP, and enhance gameplay mechanics. With $KOIN, players can trade assets, engage in staking, and access exclusive web3 features across all Khuga Labs-developed products.
According to the newly released whitepaper, $KOIN will serve multiple purposes, including governance, staking, and ecosystem incentives. A portion of ecosystem revenue will be distributed back to the community in $KOIN, reinforcing its role in the Khugaverse economy. Players will also use the token for in-game purchases, marketplace transactions, and unlocking premium services within the ecosystem.
Breakdown of $KOIN Tokenomics
Khuga Labs has outlined a detailed distribution plan for $KOIN, which will have a total supply of 1 billion tokens. Here’s how the allocation breaks down:
Khugaverse Ecosystem: 37%
Presale + Public: 30%
Khugaverse NFT Holders: 10%
Team: 7%
Treasury: 6%
Liquidity Pools: 5%
Marketing: 2.5%
Community Partners: 2.5%
Each category follows a specific unlocking and vesting schedule:
Presale + Public: 100% unlocked at TGE.
Khuga NFT Holders: 50% unlocked at TGE, followed by a 6-month cliff and 1-year vesting.
Khugaverse Ecosystem: 4% unlocked at TGE, with a 3-month cliff and 1-year vesting.
Liquidity Pools: 100% unlocked at TGE.
Treasury: 0% unlocked at TGE, with a 1-year cliff and 2-year vesting.
Community Partners: 33.33% unlocked at TGE, followed by a 6-month cliff and 1-year vesting.
Marketing: 0% unlocked at TGE, with a 1-year cliff and 2-year vesting.
Team: 0% unlocked at TGE, with a 1-year cliff and 2-year vesting.
If you’re looking to participate in the presale or public sale, there may still be an opportunity. The Khuga Labs team has been engaging with the community on X, encouraging retweets and interactions for a chance to secure a presale spot. However, the exact number of available spots and the timeline remain undisclosed.
The $KOIN 3-Phase Roadmap
Rather than providing specific timeframes, the $KOIN roadmap is structured into three progressive phases:
Phase 1: Token Deployment & Staking
Official launch of $KOIN on Base.
NFT holders gain access to staking rewards.
Introduction of the initial staking mechanism for $KOIN token holders.
Phase 2: Expanding Utility Across Games
Integration of $KOIN into Khuga Rumble Arena and Khuga Bash! as in-game reward currency.
Establishment of $KOIN as the primary currency of Miawwhalla, the core gamified hub of the Khugaverse.
Cross-game asset utility to enhance the interconnected ecosystem.
Phase 3: Governance, Expansion & Partnerships
Implementation of DAO governance to enable community-driven ecosystem decisions.
Further incentive distribution models to enhance player engagement.
Expansion of Khuga IP into media and merchandising.
Formation of partnerships with blockchain projects and gaming guilds.
At the time of writing, the official Token Generation Event (TGE) date for $KOIN remains unknown. However, with the roadmap clearly outlining its future trajectory, anticipation within the blockchain gaming community continues to grow.
Miawwhalla, Khuga Rumble Arena & More
Beyond $KOIN, the Khuga ecosystem whitepaper also covers several key components of the Khugaverse, including:
Miawwhalla – A gamified hub connecting all Khuga-related products.
Khuga Rumble Arena – A competitive multiplayer battle game where $KOIN will play a crucial role.
Khuga Bash! – The latest addition to the ecosystem, with a beta test launched last month.
Khuga NFT Collection – Offering unique utilities, including staking rewards and ecosystem benefits.
The whitepaper sheds light on how these interconnected elements will enhance the overall player experience, making the Khugaverse a vibrant and dynamic space in the world of blockchain gaming.
Final Thoughts
With the unveiling of $KOIN’s tokenomics and the broader Khugaverse vision, Khuga Labs is making a strong entry into the web3 gaming landscape. The token's integration across multiple games and services, combined with a well-structured roadmap, sets the stage for an exciting and rewarding ecosystem. As we await more details, including the TGE date, now is the perfect time to explore the whitepaper and stay updated on future developments.
For those eager to dive deeper into Khuga’s ecosystem, be sure to check out the official whitepaper and keep an eye on community announcements!
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