๐ฑTokenomics
At the heart of the Ascend the End universe is the utility token $ASCEND, with a fixed supply of 1 billion, with no possibility of future inflation. In the following chapters, we will delve deeper into $ASCEND Allocation, Vesting Schedules, Utility, and Credit to $ASCEND dynamics.
Round | % Allocation | Vesting Period | Token Price |
Seed Round | 8% | 0% TGE, 3 Months Cliff, 12 Months Vesting | $0.007 |
KOL | 2% | 10% TGE, No Cliff, 12 Months Vesting | $0.0075 |
Private Round | 10% | 10% TGE, No Cliff, 12 Months Vesting | $0.014 |
Community Rounds | 6% | 10% TGE, No Cliff, 9 Months Vesting | $0.02 |
Launchpad Round | 5% | 15% TGE, No Cliff, 9 Months Vesting | $0.025 |
Liquidity | 4% | 100% TGE | |
Team | 15% | 0% TGE, No Cliff, 24 Months Vesting | |
Advisors | 2% | 0% TGE, No Cliff, 24 Months Vesting | |
Treasury | 15% | 0% TGE, No Cliff, 60 Months Vesting |
|
Game & Staking Rewards | 33% | 0% TGE, No Cliff, 36 Months Vesting |
Allocation
Seed (8%)
Allocating 8% of $ASCEND tokens to the Seed Phase is essential for securing early investment and support, crucial for the foundational development of Ascend the End. This stage brings in vital funding and expertise from seasoned investors, providing the necessary resources for initial development and operational setup. Their early backing lays the groundwork for a stable and successful launch, marking a significant step in the gameโs journey.
Private round (10%)
We have allocated 10% to the Private Round. This allocation is targeted towards early investors and partners who bring not just capital, but also valuable expertise, market insights, and networking opportunities crucial for the projectโs growth. Engaging these stakeholders early on ensures a robust foundation for the game, allowing us to leverage their resources and knowledge for critical development needs.
Community Rounds (6%)
Allocating 6% of $ASCEND tokens to Community Rounds underscores our commitment to building a robust and engaged player base from the ground up. These rounds provide the community with an opportunity to purchase tokens at a discounted rate before the launchpad and public rounds in the pre-sale.
Launchpad Round (IDO) (5%)
Allocating 5% of $ATE tokens to the Public Sale (IDO) is crucial for engaging early adopters and generating initial public interest in Ascend the End while being completely transparent and decentralized. This phase is vital for raising funds essential for further development and marketing, while also establishing initial market liquidity and price discovery for the $ASCEND token.
Liquidity (4%)
A portion of the total supply (4%) will be allocated to providing liquidity on decentralized exchanges and in turn reducing the $ASCEND price volatility.
Team (15%)
We have allocated 12% of the total supply to the Ascend the End core team. This approach incentivizes the Wasiona team to focus on continuous improvement and innovation, directly contributing to the success and sustainability of Ascend the End. It represents a commitment to both rewarding and motivating our team, ensuring their vested interest in the projectโs growth and success.
Advisors (2%)
Allocating 2% of $ASCEND tokens to Advisors is a strategic decision that recognizes the crucial role these experts play in guiding and shaping the Ascend the End project
Community rewards (33%)
In our allocation plan for $ASCEND, we reserved a significant portion for community rewards. This allocation plays a crucial role within the Ascend the End ecosystem. The rationale behind the allocation of this size is threefold:
Staking Rewards: A portion of these tokens is set aside for users who participate in staking. By locking up their $ASCEND, community members not only show their long-term commitment to the platform but also help in maintaining the tokensโ integrity and stability. In return, they are rewarded with a share of the allocated tokens, creating a sustainable incentive for ongoing participation. We will elaborate further in the $ASCEND utility chapter.
Meta Game Rewards: The meta game within Ascend the End is an integral part of the user experience, and rewarding players through this allocation incentivizes deeper interaction and immersion in the gameโs world. These rewards are designed to enhance the playerโs journey, offering tangible benefits for their engagement and achievements in the meta game.
Win to Earn Rewards: Aligning with the innovative โWin & Earnโ model, this allocation is also used to reward players for their in-game victories and achievements. Unlike traditional play-to-earn models, this approach emphasizes skill and accomplishment, offering rewards for players who excel in the game. Itโs a method to ensure that the game remains competitive and rewarding for those who invest time and effort into mastering it.
Treasury (15%)
Dedicating 15% of $ASCEND tokens to Marketing & Ecosystem Growth is a strategic move to bolster the visibility and adoption of Ascend the End. This allocation is crucial for funding comprehensive marketing campaigns, airdrops, community outreach, and referral incentives, essential for building a strong and engaged player base. Effective marketing efforts will not only attract new players but also enhance the gameโs reputation and reach.
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