🎮1. LAB

$LAB tokens will serve as Alab Studio governance token and will influence all the Studio’s future projects starting with Safrootics, like the Safrootics marketplace where players use $LAB to purchase in-game items and NFTs.

Community's voice

Holders receive a share of the voting power for making decisions about the game’s direction, this share of voting power is directly proportional to the amount of $LAB tokens they hold, $LAB will also be involved with occasional in-game events as well as liquidity pools in external exchanges.

Main Safrootics marketplace currency

$LAB will serve as the marketplace’s main currency for trading Safrootics NFT assets including Tic NFTs and in-game items within the Safrootics marketplace and external NFT marketplaces.

At launch players with $TING tokens will be able to convert their $TING tokens for $LAB tokens directly from the user dashboard in order to trade in the marketplace. Likewise other currency pairs liquidity pools like MATIC/$LAB and ETH/$LAB will be available on exchanges.

Quick details about LAB

$LAB tokens will be used for the funding round token sale, they’ll be issued and unlocked in a predetermined schedule which lasts for a certain amount of months from the date of public game launch. The maximum total supply of $LAB tokens will be 300,000,000 $LAB which is planned to be allocated as follows:

Total Raise	Total Supply	Public listing
7.2M USD	300M	0.16 USD /

Allocations of LAB token

Allocation details in the below table

Allocation	of total supply	LAB	Details
Alab Studio Treasury	15	45M	The reserve is mostly used in governance, funding projects, buy back Ting and floor sweeping.
Funding round	20	60M	Released 5 monthly, locked for the first 4 months after game launch.
Team	15	45M	Released 5 monthly, locked for the first 4 months after game launch.
Dev & marketing	10	30M	Unlocked.
Advisors	5	15M	Released 5 monthly, locked for the first 4 months after game launch.
Play & Earn	10	30M	Unlocked at game launch.
Community events	5	15M	Stretch goals events, community milestones airdrops.
Liquidity Pools	10	30M	30 of which will immediately be put in LP, 5 to be added every month following the public sale.
Staking rewards	10	30M	Unlocked.