AKIVERSE Governance (AKV) Token
AKIVERSE Governance (AKV) is an ERC-20 token used as a governance token in AKIVERSE.
AKV holders will receive rewards for their contributions to the platform and community, staking bonuses, and LP farming bonuses, and will be able to participate in key governance votes of the AKIVERSE. Staking AKV more than a certain amount makes you eligible to receive for example Arcade Machine airdrops, and early access to the service before its official launch.
In addition to the uses above, AKV is also required for crafting, and can be possibly obtained when achieving high rankings in games.
AKV will be gradually supplied to the market from the start of the staking bonus and LP farming bonus, and there are no plans for burning them.
The allocation of the AKV will be as follows.
Seed & Private Sale
Play to Earn
Staking / Farming Rewards
Team & Advisors
We plan on gradually increasing AKV supply after carefully simulating the market price. As mentioned above, the longer and more AKV are held, the more benefits you will receive.
AKV distributed to Teams and Advisors will be 100% locked up for 330 days after the initial CEX listing, and 4% of the distributed volume will be unlocked each 1 month thereafter. AKV that will be distributed to investors participating in the seed & private sale are also subject to lock-up. Please refer to Seed & Private Sale for details.
*The above information is subject to change until this white paper is officially released. We will update the white paper and notify the community as soon as possible.