$BWS token metrics
Choose your own path in the immersive game World that gives you an experience unlike anything else. Cut out the middleman, establish direct contact with customers.
Last updated
Choose your own path in the immersive game World that gives you an experience unlike anything else. Cut out the middleman, establish direct contact with customers.
Last updated
$BWS enforces all transactions inside BUGSY World to be executed exclusively based on $BWS Token. All Digital Lands, Digital Lots, 3D buildings, decorations, Electronic Gaming and Gambling devices, are in fact NFTs minted on Solana, and the ownership information (and related transactions) will stored on-chain.
BUGSY TOKEN - $BWS
BUGSY Token ($BWS) is the ecosystem's native utility token, enabling its owners to buy gaming machines, avatars, playing chips customizations, and other in game items or assets. Participating in certain areas of the BUGSY World may also entail a fee payable in $BWS, unless the arena's owner stipulates otherwise. Other fees pertaining to the ecosystem will also be payable in $BWS, including transaction and settlement fees. Moreover, to participate in reward sharing and DAO Governance,$BWS owners will have to stake their coins on the platform or be a business owner.
$BWS is a Solana Network governance and utility token used in the BUGSY METAVERSE to empower Digital Experience Traders and Creators (Meta-Businesses) to reward the Players for their gaming and gambling activities.
$BWS FACTS
$BWS Token Scarcity
The BUGSY World Token Economy concepts are optimized for fairness, stability, and utility. Hence, the following mechanics have been integrated into our economy to meet offer and demand needs efficiently:
■ BUGSY World Token Correlation Formula: to ensure proportionality between available tokens for trading and number of Digital lands available for sale
■ Formula: Token Supply = Sum of Digital Lots ever released for trading * 77000 + Sum of Digital Spaces ever released for trading * 2000
■ BUGSY World Liquidity Mining Pool to ensure that all winnings are backed by real funds.
■ BUGSY World Trading to ensure Blockchain traceability of all NFT transactions
■ Payment of Game Fees, Taxes and Bets that are used to purchase BUGSY Chips and Plaques
■ BUGSY World Enterprise Services available for specialized services like advertising, migration of real-life objects in Metaverse, advanced analytic services.
The total supply of $BWS is permanently fixed at 7.777.777.777 tokens.
The total $BWS tokens supply is never increasing.
All tokens have a vesting contract and based on category, volume allocated / purchased the release pace will vary between 10 to 40 weeks. For select service partners (advisors, technology providers) there is in place also a cliff period of 12 months.
Tokenomics
All NFT transactions in BUGSY World are executed using our native $BUGSY utility token which has a limited supply of 7.777.777.777.
Initial $BWS Token allocations:
53% Reward pool for BUGSY World Community
12% Investor distributed on 3 sessions (2 private sales, 1 public sale sessions)
20% BUGSY World Team (founders, developers and select technology providers)
10% Company Reserve and Treasury
5% Strategic Advisors.
REWARDING
GAMES BUSINESSES REWARDING THE PRIVATE CLUB
Multiple rewards are available at each game:
- Natural Win (if games of chance; paid in the currency of GameFee)
- Jackpots (for any kind of game; paid in the currency of GameFee)
- Points and Tickets (based on each business policy)
- Taken
- Trophies (for accomplishing Quests or winning Special Jackpots)
