Total Raise | Total Supply | Public listing |
7.2M USD |
Allocation | Details | ||
Alab Studio Treasury | 45M | The reserve is mostly used in governance, funding projects, buy back Ting and floor sweeping. | |
Funding round | 60M | ||
Team | 45M | ||
Dev & marketing | 30M | Unlocked. | |
Advisors | 15M | ||
Play & Earn | 30M | Unlocked at game launch. | |
Community events | 15M | Stretch goals events, community milestones airdrops. | |
Liquidity Pools | 30M | ||
Staking rewards | 30M | Unlocked. |
Last updated
$LAB tokens will serve as Alab Studio governance token and will influence all the Studioâs future projects starting with Safrootics, like the Safrootics marketplace where players use $LAB to purchase in-game items and NFTs.
Holders receive a share of the voting power for making decisions about the gameâs 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.
$LAB will serve as the marketplaceâs 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.
$LAB tokens will be used for the funding round token sale, theyâll 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:
300M
0.16 USD /
of total supply
LAB
15
20
Released 5 monthly, locked for the first 4 months after game launch.
15
Released 5 monthly, locked for the first 4 months after game launch.
10
5
Released 5 monthly, locked for the first 4 months after game launch.
10
5
10
30 of which will immediately be put in LP, 5 to be added every month following the public sale.
10
