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 at TG.Casino.
Exclusive Access: Certain games or rooms might be exclusively accessible with $TGC, driving its demand.
Staking: Players can stake their $TGC to earn rewards or bonuses.
Rewards: $TGC will be a primary mode for distributing rewards, cashbacks, and promotional offers.
Exchangeability: Players can exchange $TGC for other cryptocurrencies or fiat, based on market conditions.
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, ncreasing 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 extended when needed.
6.7 Tokenomics as of 17th May 2024. Top 10 wallets as of 17th May 2024
*The UNCX Token Lock wallet and Deployer wallet are both controlled by the TG.Casino team. The tokens in these wallets are for future airdrops, marketing, partnerships, reserve for the casino and other requirements as necessary in day to day business.
6.8 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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