US developer Proof of Play has unveiled particulars of its forthcoming PIRATE token, which is about to launch on thirteenth June 2024.
Primarily based on Ethereum, PIRATE is an ERC20 utility token with a complete provide of 1 billion. Amongst different features, will probably be used within the developer’s turn-based browser RPG Pirate Nation to buy gems, cosmetics and different in-game actions.
The mixing of gems is scheduled to happen just a few days following the token’s launch, alongside the beginning of Season 2. Gems would be the sport’s laborious forex filling varied in-game functions similar to timer pace up and to cowl lacking assets. It could possibly solely be acquired utilizing PIRATE.
By way of the token launch, solely Pirate Nation gamers throughout season 0 and 1, and NFT holders, will be capable to declare PIRATE at TGE.
By way of its general distribution
47% of tokens is allotted to the group, 28% to the staff,13.25% to the Proof of Play ecosystem, and11.75% to buyers and advisors.
Within the days main as much as the TGE, the staff will introduce a litepaper with extra particulars of the PIRATE token in addition to in-game utility, staking, and the broader Proof of Play ecosystem.
Uncover extra about Pirate Nation and its broader imaginative and prescient for totally onchain gaming in our interview with Proof of Play CEO Amitt Mahajan, play the sport by way of its web site, and comply with Pirate Nation on X.
