๐ฎ1. LAB
Last updated
Last updated
$LAB tokens will serve as Alab Studio governance token and will influence all the Studioโs 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 gameโs 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 marketplaceโs 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, theyโll 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
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.
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