Tokenomics History
6. Tokenomics
6.1 Overview
The tokenomics of $TGC were carefully designed to drive utility, incentivize player engagement, ensure sustainability, and enhance platform growth. It reflects TG.Casino’s commitment to creating a balanced ecosystem where all stakeholders, from players to investors, benefit.
6.2 Token Specifications
Token Name: $TGC
Blockchain: Ethereum ERC-20
Total Supply: 100 million $TGC
Decimals: 18
Presale Price: Starting at $0.125 per token rising incrementally in 1 week stages,. The final price when the presale filled was $0.19.
6.3 Original Distribution Breakdown
Presale : 40% (40 million $TGC)
Aimed at early investors and community supporters, this allocation provides the initial capital for platform development and marketing.
Liquidity Pool: 20% (20 Million $TGC)
Staking: 20% (20 Million $TGC)
Airdrops: 16% (16 Million $TGC)
Affiliates: 4% (4 Million $TGC)
6.4 Utility of $TGC
Gaming Credits: Players can use $TGC to bet and play at TG.Casino.
Staking: Players can stake their $TGC to earn USDC rewards and also take part in the weekly profit share from the casino.
Rewards: $TGC will be a primary mode for distributing rewards, cashbacks, and promotional offers.
Exchangeability: Players can exchange $TGC for other cryptocurrencies using a CEX or DEX.
6.5 Price Stability and Growth Mechanisms
Backing with Casino Profits: A portion of TG.Casino's profits will be used to back the $TGC token, ensuring stability and potential growth.
Token Burn: Periodic token burns have been introduced to reduce the circulating supply, increasing scarcity and value.
Limited Supply: The fixed supply of 100 million $TGC tokens ensures that there's no unchecked inflation, which can be detrimental to token value.
6.6 Security and Compliance
Regular Audits: The $TGC smart contract and overall token flow will be audited regularly to ensure security and transparency.
Compliance with Regulations: $TGC will be designed to comply with crypto regulations of various jurisdictions, ensuring its broad acceptability.
Liquidity Pool: Upon network launch, the Liquidity Pool will be locked for 12 months to assure investors and continuously extended every 12 months.
Please note: The $TGC token is owned and distributed by a separate entity independent of TG.Casino. While the token integrates with features such as staking, rewards, and as a method of payment in the casino, TG.Casino does not exercise ownership or control over the token’s issuance, supply, or external distribution. Players interact with $TGC through TG.Casino purely as part of the integrated user experience, with all token-related rights and responsibilities governed by the issuing entity.
6.7 Conclusion
The tokenomics of $TGC is a testament to TG.Casino's vision of a balanced, rewarding, and sustainable ecosystem. It not only ensures rewarding gameplay for users but also aligns with the platform's long-term growth and stability.
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