Tokenomics
6. Tokenomics of PHX
6.1 Overview The tokenomics of the PHX token are designed to foster utility, drive engagement, and ensure the sustainability of the Phoenix Games ecosystem. By aligning incentives for players, affiliates, and investors, the tokenomics aim to create a balanced and thriving environment for all stakeholders.
6.2 Token Specifications
Token Name: PHX
Blockchain: Solana
Total Supply: 100 million PHX
Decimals: 6
Presale Price: Starting at $0.125 per token, with incremental increases during presale stages. The final price reached $0.2
6.3 Token Distribution Breakdown
Presale
35%
35 million
Raised capital for platform development, marketing, and initial operational expenses.
Liquidity Pool
20%
20 million
Ensures sufficient liquidity for seamless trading on Solana-based decentralized exchanges.
Staking Rewards
15%
15 million
Incentivizes users to stake their tokens, supporting platform stability and long-term engagement.
User Rewards
10%
10 million
Reserved for rewarding players through promotional offers, loyalty programs, and incentives.
Affiliates/Partnerships
10%
10 million
Dedicated to fostering partnerships and driving traffic through affiliate programs.
Marketing
10%
10 million
Allocated for global marketing campaigns, user acquisition, and brand promotion.
6.4 Utility of PHX
Gaming Credits: Players can use PHX to play games and place bets on the Phoenix Games platform.
Exclusive Access: Some premium features and games will be exclusively accessible with PHX.
Staking: Users can stake PHX to earn rewards, bonuses, and other incentives.
User Rewards: PHX will be distributed as rewards for active participation and loyalty.
Exchangeability: Players can trade PHX on Solana-based decentralized exchanges for other cryptocurrencies or fiat, depending on market conditions.
6.5 Price Stability and Growth Mechanisms
Profit-backed Economy: A portion of platform profits will support and stabilize the PHX token.
Token Burn: Periodic token burns will reduce the circulating supply, creating scarcity and potentially driving value.
Fixed Supply: The total supply is capped at 100 million tokens, ensuring no inflationary dilution of value.
6.6 Security and Compliance
Regular Audits: Smart contracts and token mechanics are audited regularly to maintain security and transparency.
Regulatory Compliance: PHX complies with Solana blockchain standards and jurisdictional crypto regulations.
Liquidity Pool Lock: Liquidity pool tokens will be locked for 12 months at launch, with extensions applied as necessary.
6.7 Conclusion The tokenomics of PHX underscore Phoenix Games’ vision of creating a balanced, engaging, and sustainable gaming ecosystem. By aligning player incentives with platform growth, the PHX token serves as both a functional currency and a long-term investment in the success of Phoenix Games.
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