Shrapnel Tokenomics Overview
Full Shrapnel tokenomics breakdown: SHRAP token allocation, vesting schedule, supply distribution, unlock dates, and investor terms.
Produced by Tokenomics.com in collaboration with BlackTokenomics.
TGE DateApril 29, 2023
Max Total Supply3,000,000,000
Total Supply3,000,000,000
Transparency
LOWHIGH
Investor Rounds & Terms
Comprehensive breakdown of all investment rounds, pricing terms, and vesting schedules
SHRAP Tokenomics FAQ
Key questions and answers about Shrapnel tokenomics.
What is the utility of the SHRAP token?
Shrapnel has 5 primary token utilities:
- Other: The Enlistment program allows users to lock SHRAP for 3–12 months on the Shrapnel subnet, earning off-chain METAL points (not token rewards) with duration-based multipliers up to 2x. Locked SHRAP cannot be withdrawn but can still be used for marketplace and crafting activities.
- Fee Discounts: Players can reduce marketplace transaction fees by holding or staking SHRAP and related service tokens, with the protocol retaining discretion over discount scope and magnitude.
- Service Payments: Creators pay SHRAP-denominated minting fees to convert player-generated maps, weapons, and cosmetic items into on-chain NFTs. The protocol subsidizes gas, so these minting fees represent discrete service payments.
- Ecosystem Currency: SHRAP is the primary medium of exchange across the entire Shrapnel ecosystem — used for all peer-to-peer marketplace transactions, weapon skin purchases, content promotion staking, and tournament prize pools.
- Other: Governance voting weight is tied to a reputation score calculated across Play, Creation, and Community dimensions rather than a pure token-weighted model. SHRAP holders also stake tokens to promote/curate player-created content through the Podium promotion-relegation system.
What is the token allocation for SHRAP?
Shrapnel token distribution allocates 3,000,000,000 SHRAP across 4 primary stakeholder groups:
- Community: 34.50% (Community Rewards 33.00%, Public Airdrop 1.50%)
- Insiders: 27.00% (Team and Advisors 27.00%)
- Private Investors: 27.00% (Seed Token Holders 20.00%, Strategic Token Holders 7.00%)
- Foundation: 11.50% (Ecosystem Fund 8.50%, Liquidity And MM 3.00%)
What is the vesting schedule for SHRAP?
SHRAP uses variable cliffs and vesting schedules that change depending on the allocation:
- Community Rewards: 60m Linear Vesting
- Team and Advisors: 12m Cliff, 36m Linear Vesting
- Seed Token Holders: 12m Cliff, 20m Linear Vesting
- Ecosystem Fund: 6m Cliff, 36m Linear Vesting
- Strategic Token Holders: 12m Cliff, 20m Linear Vesting
- Liquidity And MM: 100.0% at TGE
- Public Airdrop: 100.0% at TGE
How many SHRAP tokens unlock at TGE?
4.5% of the total supply (135,000,000 SHRAP) is unlocked at TGE, with the tokens split between Foundation and Community.
What is the total supply and circulating supply of SHRAP?
Shrapnel has a total supply of 3,000,000,000 SHRAP, of which 716,970,932 SHRAP (23.9% of total) is currently circulating.
What is the token emission schedule for SHRAP?
Total length of the full Shrapnel emission schedule is 6 years, with 11.97% released in Year 1, while the remaining 88.03% is released over the following 5 years.
What are the investor terms for SHRAP private and seed rounds?
Shrapnel has 2 investor rounds, with the following investment price and vesting:
- Seed Token Holders: priced at $0.0175, with 12m Cliff, 20m Linear Vesting
- Strategic Token Holders: priced at $0.033333, with 12m Cliff, 20m Linear Vesting
What percentage of SHRAP is allocated to the community?
34.5% of the Shrapnel supply is allocated to community focused pools such as Community Rewards and Public Airdrop.
What is Shrapnel (SHRAP)?
Shrapnel is pioneering a dynamic, multi-faceted economic ecosystem that invites gamers, creators, curators, and landowners to engage deeply with its innovative platform. Through the Shrapnel economy, participants can engage in play, creation, ownership, and governance, all while being incentivized by the native token, $SHRAP. Players immerse themselves in Shrapnel's universe, purchasing gear or extracting valuable items during game sessions. These assets are then tradeable in the SHRAPNEL Marketplace for $SHRAP, providing a rewarding experience for active participants. Creators flourish by designing a range of assets, from vanity items to bespoke weapons, maps, and intricate map objects, monetizing their efforts and driving economic vitality within the platform. Their innovation not only stimulates market activity but fosters a collaborative environment where their creations gain value and recognition. Curators add another layer to this vibrant ecosystem by identifying high-quality content that resonates with the community. Their discerning eye ensures quality control and exposes players to the best of what Shrapnel has to offer, while earning their own share of the game's economic rewards. Landowners complete this intricate network by making substantial investments in the ecosystem. They not only secure a portion of the economic benefits generated but also contribute significantly to the platform's infrastructure and growth, creating a stable foundation for the ecosystem's continuous evolution. At its core, Shrapnel's tokenomics embody a virtuous cycle propelled by community interaction and contribution. As more personas join, the economic activity intensifies, uncovering new opportunities for collaboration and discovery that perpetuates the ecosystem's expansion. With $SHRAP, the platform promises a robust, user-driven economic landscape built on innovation, engagement, and shared success.
