πŸ“–Tokenomics

$CCG (Crypto Champion Gems) is the native currency, while $CCM (Crypto Champion Mushrooms) is the in-game currency. Both tokens will though offer a gaming experience (see Shop section).

You will be able to spend your $CCG and your $CCM in the in-game Shop to buy items, tournament tickets, skins, healing potions, and more! These items will help your champions to be the most ranked in the arena. Also, the tokens will be very useful to increase your champion's power, and so earn more tokens at the end of a fight.

Your tokens will also grant you powerful skills, like having the power of decision in the future of $CCG, receiving daily interest by staking, and minting new heroes/weapons to conquer the arena.

Any used $CCG and $CCM in-game will be burned forever, decreasing the circulating supply over time and recalculating shop prices.

CryptoChampionGems ($CCG)

The native digital cryptographically-secured fungible token of Crypto Champion Game is the GEM ( $CCG).

The token is a transferable representation of attributed governance and utility functions specified in the protocol/code of Crypto Champion Game and is designed to be used solely as an interoperable utility token in the game ecosystem.

Create Value

Crypto Champion Gems ($CCG) is an ERC-20 governance token for the Crypto Champion universe. $CCG holders are meant to influence the future of the Arena in the Crypto Champion Game by signaling their support for upgrades to the ecosystem. As opposed to the in-game currency CCM (Mushroom), $CCG governs the Crypto Champion ecosystem on a meta-level.

Leveraging β€˜buy-back-and-make’ whereas $CCM has a technically unlimited supply (though mostly deflationary), $CCG is limited to a maximal supply of 65.000 000.

Like many governance tokens, $CCG also redistributes value within the ecosystem. For instance, the mentorship fee is paid partially in $CCG, which is subsequently added to the in-game treasury.

Note that this creates a similar buying pressure to the burning mechanism used for $CCM, but $CCG is reallocated to be spent by the community instead. In-game purchases elaborate on the benefits of this β€œbuy-back-and-make” mechanism.

Incentives for the Ownership Economy

Since the value of $CCG is tied to the success of the Crypto Champion game and ecosystem, it allows additional capital to enter without needing to hold Champion or play the game directly.

Another key mechanism at play is staking: $CCG holders can deposit their tokens for yield within the governance platform, improving the capital asset properties of $CCG. Additionally, staking rewards active participation, and gradually dilutes passive holders (with tokens in wallets or on exchanges).

Finally, $CCG can be used to incentivize specific actions that aren’t at the level of the game itself (where $CCM would better apply): From participating in public tournaments to governance votes or even generating the content, $CCG is a flexible tool to set incentives for the community to create value.

$CCG Token Economics

Total supply: 65.000.000 tokens, auto-burned

Liquidity pool: 30.000.000 tokens (locked 1 year and renewed through Unicrypt)

Staking rewards: 20.000.000 tokens (spent gradually over 24 months - 25% unlocked every 6 months)

Game rewards: 10.000.000 tokens (spent gradually over 24 months - 25% unlocked every 6 months)

Team rewards: 0 tokens

Partners: 5.000.000 (Locked 2 months - 25% unlocked every 6 months)

How do we get funds for marketing and development?

On each transaction, the smart contract is taking a 5% fee on buys, and 5% on sales which goes into the marketing (40%), and development 60%) which will be used to take the Crypto Champion Game and community to the top!

Staking: Hodlers rewarded! By depositing $CCG on the website you will receive staking rewards. Keep your $CCG, increase your $CCG, and diamond hands become stronger!

How is the team rewarded?

We are fully transparent! The whole game has been financed and developed from scratch by our developers since September 2021. Our business model is to pay our team mostly from optional paid membership from mobile in-app purchases (Skins, items, leagues...). Since there is no pre-sale for CCG, the team used their own funds to finance initial development, pool, and marketing. Profits from taxes will be partially used to reimburse money injected into the game and in future development. Finally, part of the NFT sales will be used to compensate for the upfront paid for developing the game and as a salary for the developers.

Get rewarded by holding $CCG

Having $CCG in your wallet is the best solution.

Advantages for the holders are multiple: Participation in airdrops, minting champions, staking, participation in votes, in-game interactions, and more...

One last thing: A part of the in-app purchases on the Apple and Google stores will be used to buy back $CCG every month!

Crypto Champion Mushrooms ($CCM)

$CCM can be earned by playing the game. Once you earn them, you can claim them in your wallet.

Mushroom ($CCM) is the fuel of CryptoChampion's internal economy. Mushrooms can be used within the game to:

  • Upgrade weapons and stuff

  • Upgrade Items

  • Improve skills and spell

  • Upgrade pets

  • Create special tournaments/events

  • Buy items in the in-game shop

  • Make your NFT evolve

  • A lot more ...

Mushrooms can be earned daily through battles, quests, or various special events. The mushroom is an uncapped utility token, that is to say, its supply grows as more players join the game, but also gets burned to regulate the total supply/players in the game. The token will be mostly deflationary.

$CCM Token Economics

Total supply: 87.000.000 tokens, burnable, mintable.

Liquidity pool: 37.000.000 tokens (locked through Unicrypt)

Presale pool: 37.000.000 tokens

Staking rewards: 7.000.000 tokens (spent gradually over 24 months)

Team rewards: 0 tokens

Partners: 6.000.000 tokens

$CCM is burned (permanently removed from the supply). As a result, there is a natural buying pressure for $CCM.

While the supply is variable, the in-game economy is based on the mushrooms, and so with the burning mechanism, they will become rarer over time.

On each transaction, the smart contract is taking a 5% fee on buys, and 5% on sales which goes into the marketing (40%), development (40%), and liquidity pool (20%) which will be used to take Crypto Champion Game and community to the top!

Please see the Presale section for the initial mushrooms offering.

Last updated