Token Economy
The token economy is the framework of tokens and incentives designed to sustain TgPet's ecosystem. Different tokens play different roles in enabling transactions, rewards, governance, and more on the platform.
Governance Tokens(BRC20)
Initially represented by Bitcoin inscriptions.
Later, through a cross-chain bridge, Bitcoin inscriptions can be exchanged 1:1 with governance tokens in the Ethereum ecosystem.
As a vital conversion mechanism, this enhances asset liquidity and interoperability.
Inscription Basic Information
Inscription Name: Tggm
Inscription Code: $Tggm
Tggm Token Distribution
Token Distribution And Release Schedule
IDO
3%
Marketing
22%
TGE 5% vested over 24 months
Team
5%
TGE 10% vested over 12 months
Ecosystem Fund
10%
TGA Subtoken Buyback
60%
In Total
100%
In-Game Tokens
TgPet introduces two types of tokens within the game:
$TGA, as the primary currency of the platform, is used for transactions, pet upgrades, and paying service fees.
TgPet Token Basic Information
Token Name: TGA
Token Code: $TGA
TGA Token Distribution
Game Exploration
10%
POS Staking Rewards
11%
Team
1%
Ecosystem Development and Burn
78%
In Total
100%
Supply and Earning
Consumption of pet food
Leveling up Pets
Leveling up Factory
Buy more Pets
The token economy enables transactions, incentives, and governance on TgPet, sustaining the platform's ecosystem. Different tokens play specialized roles in core functions like rewards, upgrades, purchases, etc.
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