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Gaming NFT

What is the GHST token used for?

The GHST token

GHST is the governance and utility token of Aavegotchi ecosystem.

GHST token is used for

  • Purchase wearables
  • Purchase portals to summon Aavegotchis
  • Realm parcels
  • Staking for FRENS

How could value accrue to GHST token?

Locking

  • Staking for rewards

Fees

  • Burn – 33%
  • DAO – 10%

What is Aavegotchi?

Aavegotchi is a play-to-earn game and metaverse currently on Polygon. It is powered by the Aave DeFi protocol.

  • Users purchase portals to breed Aavegotchis.
  • Users purchase and create wearables for their Aavegotchis.

All transactions are paid with GHST.

Fees

Revenue from portals and wearables goes to:

  • 40% – Play to earn. Most XP, Rarest Aavegotchis, Scores.
  • 33% – Burn
  • 10% – DAO
  • 17% – Development

To summon an Aavegotchi from a portal users need to stake between 10 – 1000 DAI worth of aTokens (or maTokens on Polygon.

This provides a floor price and intrinsic value.

Staking

GHST can be staked to earn non-transferable FRENS tokens. These can only be earned by staking.

FRENS is used for

  • Raffles for wearables and realm parcels.

Governance

Tokenholders is able to vote on proposals in the DAO.

GHST Tokenomics

Total supply: 53,626,478

Distribution:

  • 500 000 tokens – Private sale
  • 500 000 tokens – Presale
  • 1 000 000 tokens – Ecosystem
  • 1 000 000 tokens – Team fund
  • All other tokens – bonding curve

GHST token sale price

  • Private sale: $0.05
  • Pre sale: $0.1
  • Bonding curve: $0.2

DOCS

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Categories
Gaming NFT

What the ALICE token is used for?

The ALICE token

ALICE is the governance and utility token of the My Neighbor Alice game.

ALICE token is used for

  • Purchase in-game assets
  • Purchase LAND
  • Earn rewards from events
  • Staking to earn yield (ALICE tokens)
  • Governance

What is My Neighbor Alice?

My neighbor Alice is a multiplayer online blockchain game. Where any user can build and own virtual islands. It features an NFT marketplace where assets can be bought and sold.

The game will be featured on Steam as a free-to-play game.

The token is used to make any transaction within the game.

The token will be available on the Chromia blockchain as well as Ethereum. Chromia is a high speed proof-of stake blockchain made for games. There will be a bridge to move the token between both chains.

Features

  • Users can rent NFTs (like LAND) to other players with the smart contract.
  • The token distribution will reward early stakers of the token.
  • When an NFT is bought a percentage is locked in an account associated with the NFT. The owner can sell the NFT back to the platform and redeem the locked collateral at anytime. This provides a floor price for the asset.

Governance

The decentralized governance of ALICE decide over revenues from asset sales, project development and token buy back-schemes.

ALICE Tokenomics

Total supply: 100 000 000

Distribution:

  • 21% – Token Sale
  • 15% – Team / Advisor
  • 15% – Community / Marketing
  • 8% – Play to earn
  • 20% – Reserve
  • 16% – Ecosystem
  • 5% – User Incentive

DOCS

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Gaming NFT

What is the SAND token used for?

The SAND token

SAND is the utility token of The Sandbox Metaverse.

SAND token is used for

  • Buy LAND in the metaverse
  • Buy assets/items
  • Liquidity mining

What is the Sandbox?

The Sandbox is a platform for creating games and assets on the Ethereum blockchain. Users can create their games and assets without writing code.

In the Sandbox Metaverse users can earn through:

  • Play to earn
  • Create assets and market them
  • Create experiences or games and monetize 

Together with ENJIN and others the Sandbox are introducing ERC-1155 tokens on the platform. These are used to have more flexibility than normal NFTs, for example creating a collection of a single NFT. 

The platform can offer metatransactions where a user can initiate a transaction of a SAND token and the gas is paid by the platform.

Fees

  • Buys of LAND
  • Premium NFTs
  • Subscriptions
  • Marketsplace transactions

Fees on the platform are distributed to the company and to the community as rewards.

LAND

The Sandbox Metaverse is made up of 166,464 LAND. Which are bought and owned by users to create games and host experiences for a community.

LAND is also used for governance within the Metaverse.

Assets

Assets on top of users’ LAND are created as NFTs. Assets can be bought and sold on the marketplace using SAND.

DOCS

SAND Tokenomics

Total supply: 3 000 000 000

Contract

Token sale

Price: $0.008333

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Categories
Ethereum Exchange

What is the FOX token used for?

FOX token

FOX is the governance token of Shapeshift exchange.

FOX token is used for

  • Decentralize and dissolve the company Shapeshift.
  • Governance
  • Yield farming
  • Rewards

How could value accrue to the token?

Fees

  • Revenue from Shapeshift will go to DAO treasury

Holding

  • Rainfall rewards – raffle of tokens whenever someone trades. The more tokens you hold the more likely to receive prize.
  • Gas reimbursement – 10% of the value of held FOX tokens can be reimbursed within 30 days.

What is Shapeshift?

Shapeshift is an exchange created in 2014. With the launch of the token shapeshift is now dissolving its corporate structure and decentralizing and open sourcing the exchange.

Shapeshift is airdropping the token to over 1M eligible wallets

Features 

  • 0x DEX integration
  • Cross-chain with Thorchain integration
  • Non-custodial
  • No account or KYC

ShapeShift DAO

  • Treasury with 240 000 000 tokens (24%).

Governance parameters 

  • 100 tokens for proposal
  • 4000 000 tokens required to reach quorum.
  • 72 hr voting period

Shapeshifts new DEX protocol has a number of integrations and features for DeFi and crosschain and layer2 interoperability. Read more here.

DOCS

FOX Tokenomics

Total supply: 1,000,001,337

Distribution

  • 34% – ShapeShift customers and DeFi community
  • 32% – Employees and shareholders
  • 24% – ShapeShift DAO (governance treasury)
  • 7.5% – Foundation
  • 1.3% – Decentralization process

Contract

FOX token address

Fox token airdrop

Shapeshift is airdropping the token to over 1M eligible wallets. Check the airdrop here.

It did not have a token sale.

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Categories
Ethereum Payments

What is RFOX token used for?

RFOX token is

The token connected to RFOX labs ecosystem.

RFOX token is used for

What is RFOX labs?

A technology company focused on creating products by leveraging new technology.

Areas

  • AI
  • Blockchain
  • IoT
  • AR and VR

The company focuses on the Asian market and is building a full ecosystem of interoperating products.

  • Cryptocurrency Wallet
  • Virtual World
  • NFT Platform
  • RFOX Media
  • RFOX Games

RFOX VALT

A VR shopping experience for everyday consumers. The token is used to buy:

  • Virtual land in VALT
  • Any items or products

VFOX

VFOX is launched on Binance Smart Chain via the platform.

  • VFOX is a rewards token for certain events and actions.

Both RFOX and VFOX holders benefit from the usage of the other one.

Holders can stake both tokens to earn rewards from yield farming on the platform.

RFOX Tokenomics

Total supply: 2,000,000,000

RFOX token address

Distribution

  • 15% – Grants
  • 20% – Marketing
  • 15% – Staking & Earning
  • 20% – Development VALT
  • 5% – Reserve
  • 15% Holders
  • 10% Burn

DOCS

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Categories
Cloud Ethereum

What is ALEPH coin? What is it used for?

ALEPH coin is

The native coin of the Aleph Network.

ALEPH coin is used for

  • Pay for storage
  • Pay for computing
  • Pay for synchronistaion

How could value accrue to the coin?

Fees

  • Fees to use the protocol are paid in the token.

What is Aleph?

A protocol for simplified decentralized cloud computing. Basically an alternative to AWS for web3 and DeFi.

The coin is currently hosted on ETH, BSC and NEO and will be hosted on the protocol in the future.

How does it work

It uses IPFS and several application layers for its cloud computing. Developers can integrate the network with a few lines of code.

The network currently supports

  • Ethereum
  • Solana
  • Polkadot
  • Binance Smart Chain
  • Polygon

Use areas

  • Order Book
  • Documents
  • Metadata
  • Cloud Storage

For example backing up NFTs that are stored on an auction platform or similar.

Staking

Users can stake their tokens in their account and earn a variable APY.

  • Currently at 16%.

ALEPH Tokenomics

Total supply: 500 000 000

ALEPH coin address

Distribution

  • 10% — Innovation
  • 12% — Marketing
  • 30% — Company
  • 24% — Business Development
  • 20% — Incentive
  • 4% — NULS Foundation

DOCS

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Ethereum NFT

What is MANA coin used for?

MANA coin

MANA is the native token of Decentraland virtual world.

MANA coin is used for

  • Buying land in Decentraland virtual world
  • Trading for goods and services within Decentraland
  • Governance

What is Decentraland?

The first virtual world owned by it’s users. Decentraland runs on the Ethereum blockchain.

How does it work?

Decentraland can be played in the browser on a desktop computer. Users can choose to setup a wallet (for example Metamask) to be able to buy or sell assets in the ecosystem.

LAND

Users create virtual experiences on their plots of LAND in Decentraland.

All parcels of LAND are represented by an NFT (ERC-721) on Ethereum.

  • Parcels are 16m x 16m.

MANA is spent or burnt when buying LAND. Smart contracts for the assets run on Ethereum.

Voting

MANA can be converted to WMANA to use in governance.

Holders of LAND vote on changes regarding LAND, content moderation among other things.

  • 2,000 / LAND token.
  • 4000 / Estate
  • 1 / WMANA

Estate

An estate is two adjacent parcels of LAND.

Content

The audio, visuals and virtual content is served through decentralized community of servers. Anyone can submit an application for a server to join the network. It is then voted on by the Decentraland DAO.

Users can choose to monetize the content on their land in a way they choose. Any monetization is not connected to Decentraland in any way.

MANA tokenomics

Total supply: 2,194,217,027 MANA

Total supply LAND: 92,598 LAND

Presale: $0.024

Docs

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MANA coin price

Categories
Ethereum NFT

What is the NFTX token used for?

NFTX token is

NFTX is the governance token of the NFTX.org platform.

NFTX token is used for

  • Governance – voting on proposals and steering the direction of the platform.

How could value accrue to the token?

Future

  • Protocol fees from minting, vault creating and redeeming (implemented in v2)

Currently 100% of fees are distributed to stakers for the vaults.

What is NFTX.org?

NFTX.org is a platform for creating liquid markets and easier price discovery for NFTs.

How the protocol works

Any user can create a vault for a type of NFTs, for example PUNKS.

Users can deposit a PUNK to the vault and receive a vToken in return. Creating an index of PUNK NFTs.

vTokens can be used

  • For composability in DeFi
  • Earn yield on NFTS
  • Protocol fees(future)

The vToken can redeem a random NFT from the vault.

The indexes help create a price floor for NFTs. LPs create pools on for example Sushiswap or Uniswap with vTokens / ETH.

  • A users has 5 punks.
  • Considers 2 of them to be worth less than the price on the DEX.
  • Mint vTokens on NFTx for the 2 punks.
  • Sells their vTokens on the DEX.

Fees to stakers

Users mint or buy tokens to stake and receive xTokens like xSUSHI.

  • 1% mint fee (targeted 5%)

Token Isssuance

Minted supply: 650 000 tokens

Tokenomics

  • 10% Founder
  • 20% Farming rewards
  • 10% Liquidity for DEX
  • 60% Community

Docs

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Categories
Ethereum Lending

What is the NEXO token used for in Nexo Financial?

NEXO token is

The utility and governance token of the Nexo Financial platform. 

NEXO token is used for

  • Stake and earn interest
  • Stake and earn rewards
  • Added incentive
  • Governance

How could value accrue to the token?

Potential

  • Governance could add revenue share for token holders.

Locking

  • Staking for different perks

What is Nexo Financial?

The platform is a CeDeFi regulated and licensed money market where users can earn interest on their money (USD, EUR) and crypto assets. The platform gives opportunities to earn on stablecoins with extra rewards when paid in native tokens.

They offer institutional services with custody by BitGo and Fireblocks.

Staking (future utility)

  • Affiliates can stake their tokens to earn a higher commission on referrals.
  • Physical card and perks

Features

  • Up to 12% interest
  • Daily payouts.

Governance

  • 1 token equals 1 vote. Users can vote on upgrades and decide direction of the platform.

Docs

Tokenomics

Total supply: 1 000 000 000

Presale: $0.1 (ICO 2018)

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Aggregator Ethereum

What is the INST token used for?

INST token

INST is the governance token of Instadapp.

INST token is used for

How could value accrue to the token?

Potential

Many protocols have the potential to distribute fees to the tokenholders in some way.

Locking

  • Staking and delegating for governance

What is Instadapp?

Instadapp is an aggregator of DeFi for developers and users. The protocol connects and makes it simple to interact with the big DeFi protocol through one interface.

How the platform works?

You connect your wallet in the interface and can manage trades and lending positions in protocols like:

It’s currently upgrading to DSL (DeFi Smart Layer) smart contracts to offer more features, some not currently possible in DeFi.

  • L2 composability
  • Taking a flashloan in any token from another user’s account.
  • Protocol non-specific DeFi positions.
  • Give authority to other accounts
  • Automate DeFi strategies by giving limited authority to other accounts

Governance

The initial parameters:

  • 1% supply to submit a proposal.
  • 4% for quorum.
  • ~3 day voting
  • ~2 day timelock delay

Currently available on Ethereum and Polygon.

Token Isssuance

Total supply: 100 000 000 tokens

Tokenomics

  • 55% – Community
  • 23.79% – Team
  • 12.07% – Investors
  • 7.85% – Future team members and ecosystem partnership
  • 1.27% – Advisors

Docs

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INST token price