Pirate Nation Tokenomics Overview
Full Pirate Nation tokenomics breakdown: PIRATE token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateJune 13, 2024
Max Total Supply1,000,000,000
Total Supply1,000,000,000
Transparency
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PIRATE Tokenomics FAQ
Key questions and answers about Pirate Nation tokenomics.
What is the token allocation for PIRATE?
Pirate Nation token distribution allocates 1,000,000,000 PIRATE across 4 primary stakeholder groups:
- Community: 47.00% (Community 47.00%)
- Insiders: 28.00% (Team 28.00%)
- Foundation: 13.25% (Ecosystem 13.25%)
- Private Investors: 11.75% (Investors & Advisors 11.75%)
What is the vesting schedule for PIRATE?
PIRATE uses variable cliffs and vesting schedules that change depending on the allocation:
- Community: 45.5% at TGE , 36 Month Linear Vesting
- Team: 12 Month Cliff, 36 Month Linear Vesting
- Ecosystem: 38.1% at TGE , 36 Month Linear Vesting
- Investors & Advisors: 12 Month Cliff, 36 Month Linear Vesting
How many PIRATE tokens unlock at TGE?
26.4% of the total supply (264,500,000 PIRATE) is unlocked at TGE, with the tokens split between Community and Foundation.
What is the total supply and circulating supply of PIRATE?
Pirate Nation has a total supply of 1,000,000,000 PIRATE, of which 718,019,546 PIRATE (71.8% of total) is currently circulating.
What is the token emission schedule for PIRATE?
Total length of the full Pirate Nation emission schedule is 4 years, with 36.78% released in Year 1, while the remaining 63.22% is released over the following 3 years.
What percentage of PIRATE is allocated to the community?
47% of the Pirate Nation supply is allocated to community focused pools such as Community.
What is Pirate Nation (PIRATE)?
Pirate Nation offers a groundbreaking fully on-chain RPG experience, supported by the renowned ProofOfPlay and backed by leading venture capital firm a16z. At the heart of this unique gaming universe is the $PIRATE token, which introduces innovative tokenomics designed to enhance player engagement and in-game economies. The $PIRATE token is integral to Pirate Nation's ecosystem, driving a dynamic in-game economy where players can undertake high-seas adventures filled with quests and treasure hunts. Tokenomics in Pirate Nation emphasize community participation, rewarding players who actively engage with the game's vibrant on-chain environment. The token is intricately woven into the game's mechanics. Players can earn $PIRATE through successful exploration, completing quests, and participating in special events. This model provides both intrinsic value through gameplay rewards and extrinsic value via participation in the platform's governance. Rare treasures, trading experiences, and peer-to-peer marketplaces leverage the $PIRATE token, facilitating a self-sustaining economy where player decisions directly impact the game's world. Technical specifications ensure secure transactions and seamless integration of the token into every facet of gameplay. Moreover, the platform's decentralized nature supports transparent operations, with a smart contract infrastructure guaranteeing fair play and equitable distribution of rewards. This system directly involves the community in decision-making, aligning with Web3 principles and empowering players in unprecedented ways. Pirate Nation is not just a game, but a full-fledged ecosystem where the $PIRATE token acts as the lifeblood, ensuring growth, engagement, and immersive adventures in a digital realm where pirates reign supreme. With continuous updates and evolving mechanics, Pirate Nation's tokenomics offer a compelling future for blockchain gaming enthusiasts. Join the journey today and claim your share of the pirate's fortune on the vast and open seas.
