Khugaverse Unveils the Tokenomics and Ecosystem of $KOIN

Khuga Labs has released the first version of its ecosystem whitepaper, detailing the tokenomics of $KOIN, its uses, and a three-phase development plan. Additionally, the document provides key information about Miawwhalla, Khuga Rumble Arena, and other elements of the Khugaverse.

$KOIN: The Pillar of the Khugaverse Ecosystem

$KOIN is a token based on the Base network, designed to drive the Khuga ecosystem. It will not only facilitate in-game transactions and the trade of digital assets but also contribute to the expansion of Khuga's IP. Its implementation across all Khuga Labs products aims to maintain ecosystem integration and provide a sustainable economic model.

$KOIN holders will be able to participate in governance, stake their tokens, and benefit from incentive distribution, ensuring that a portion of the ecosystem's revenue returns to the community. Additionally, the token will serve as currency for in-game purchases, marketplace transactions, and access to various ecosystem services.

$KOIN Supply Distribution

With a total supply of 1 billion tokens, the distribution is as follows:

• Khugaverse Ecosystem: 37% (4% unlocked at TGE, 3-month cliff, 1-year vesting).
• Presale and Public Sale: 30% (100% unlocked at TGE).
• Khuga NFT Holders: 10% (50% unlocked at TGE, 6-month cliff, 1-year vesting).
• Team: 7% (0% unlocked at TGE, 1-year cliff, 2-year vesting).
• Treasury: 6% (0% unlocked at TGE, 1-year cliff, 2-year vesting).
• Liquidity Pools: 5% (100% unlocked at TGE).
• Marketing: 2.5% (0% unlocked at TGE, 1-year cliff, 2-year vesting).
• Community Partners: 2.5% (33.33% unlocked at TGE, 6-month cliff, 1-year vesting).

Those interested in participating in the presale or public sale can follow the official posts on X (Twitter) for access opportunities. However, details on dates and the number of available spots have not yet been disclosed.

$KOIN Roadmap

The development of $KOIN is structured into three phases:

• Phase 1: Token launch and activation of initial staking, allowing NFT holders to earn rewards.
• Phase 2: Expansion of token utility across various games, integration of rewards in Khuga Rumble Arena and Khuga Bash!, and incorporation of $KOIN as the primary currency in Miawwhalla, the ecosystem's gamified hub.
• Phase 3: Implementation of decentralized governance (DAO), enhancement of incentive mechanisms, expansion of the Khuga universe into other media, and collaborations with blockchain projects and gaming guilds.

For now, the launch date of $KOIN (TGE) remains unconfirmed. Additionally, a beta test for Khuga Bash! was recently conducted, indicating progress in the ecosystem's development.