CryptoTanks
  • Introduction
  • Game
    • How to Start
    • Game Design
      • Maps
      • Description of Game Obstacles
      • Game Objects
      • The Game and the Rules of Battle
      • Betting Arena
      • Description of Game Menus
      • Level and Experience
      • User Authorization
      • Settings
    • How to Mint
  • Functionality
    • Profile
    • Hangar
    • Minting Page
  • Tokens
    • $GTANK Token
    • $TANK Token
    • Token Information
  • Roadmap
  • Changelog
    • ✅Report 14.01.2022
    • ✅Report 21.01.2022
    • ✅Report 28.01.2022
    • ✅Report 04.02.2022
    • ✅Report 11.02.2022
    • ✅Report 18.02.2022
    • ✅Report 25.02.2022
    • ✅Report 04.03.2022
    • ✅Report 11.03.2022
    • ✅Report 18.03.2022
    • ✅Report 25.03.2022
    • ✅Report 01.04.2022
    • ✅Report 08.04.2022
    • ✅Report 15.04.2022
    • ✅Report 22.04.2022
    • ✅Report 29.04.2022
    • ✅Report 6.05.2022
    • ✅Report 13.05.2022
    • ✅Report 20.05.2022
    • ✅Report 27.05.2022
    • ✅Report 03.06.2022
    • ✅Report 10.06.2022
    • ✅Report 17.06.2022
    • ✅Report 24.06.2022
    • ✅Report 01.07.2022
    • ✅Report 08.07.2022
    • ✅Report 15.07.2022
    • ✅Report 22.07.2022
    • ✅Report 29.07.2022
    • ✅Report 05.08.2022
    • ✅Report 12.08.2022
    • ✅Report 19.08.2022
    • ✅Report 26.08.2022
    • ✅Report 02.09.2022
    • ✅Report 09.09.2022
    • ✅Report 16.09.2022
    • ✅Report 23.09.2022
    • ✅Report 30.09.2022
    • ✅Report 07.10.2022
    • ✅Report 14.10.2022
    • ✅Report 21.10.2022
    • ✅Report 28.10.2022
    • ✅Report 03.11.2022
    • ✅Report 11.11.2022
    • ✅Report 25.11.2022
    • ✅Report 02.12.2022
    • ✅Report 09.12.2022
    • ✅Report 16.12.2022
  • Development Stack
  • Contacts
  • NFT
    • Tank NFTs
    • Initial Characteristics
    • Efficiency, Stars and Ranking
    • NFT Distribution
    • Super Bonuses
    • Countries
    • Bullets
    • TANK Versions
  • Legal
    • Terms of use
    • Privacy policy
    • Cookie policy
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  1. Tokens

$TANK Token

Previous$GTANK TokenNextToken Information

Last updated 2 years ago

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CryptoTanks: A dive into the $TANK token

What is a play-to-earn game without its token? Just a game. Here is a full guide to the game’s most vital feature.

For starters, the $TANK token will be a BEP-20 token, as the game itself will be on the Binance Smart Chain network.

What are the uses of it? $TANK token can be used in the following ways:

  • The TANK token is a governance token, meaning, it's holders will have voting power on the DAO that will shape the future of the game!

  • The TANK token is also used as an additional reward for players, for example as a reward for winning positions in the leaderboard.

  • Stake your $TANK tokens in-game or in liquidity pools on DEXs. Earn either more $TANK tokens or LP tokens earned from the liquidity you add to the TANK/BUSD pool on DEXs.

The Total Token supply is fixed at 100 million and its future distribution is already carefully planned. For a better understanding let’s see the following token graphic:

It’s important to highlight that for every Tank NFT sale there will be a 3% burn rate of the transaction, so the token doesn’t actually have a fixed supply, but a deflationary one! Now each of these categories has its own conditions and vesting periods. Let’s see one more table for briefness:

Token Distribution

Conditions

Seed Sale

20% Unlocked at TGE; 20% Released every 3 Months after that (4, 8, 12, 16).

Private Sale

20% Unlocked at TGE; 20% Released every 3 Months after that (4, 8, 12, 16).

Public Sale

25% Unlocked at TGE; Linear vesting of 25% after that (2, 3, 4).

Team

12 Month Lock Up. 20% Released every 3 Month after that. Month(13, 17, 21, 26, 30).

Marketing, Acquisitions & Licenses

10% Unlocked at TGE and 5% Monthly Unlock

Staking, Liquidity & Incentives

30% Unlocked at the TGE and 5% Monthly unlock

Development

5% Unlocked at Month 2,3,7 & 10. Then 20% every 3 Months after that. Month(13, 16, 19, 22)

Game Incentives and Rewards

10% Unlocked at Month 2; 5% every month after that until Month 13, then 2.5% until Month 26.

Advisors & Partners

6 Month Lock Up. 5% Linear Vesting.

TGE: Token Generation Event

As you can see all conditions are logical. The Team has the most long-term vesting period, and that showcases their commitment to the game. Also, the public sale is the least restrictive with a minimum amount of lockups and the biggest percentage of instantly unlocked tokens. Follow us on Twitter, discord, and telegram to be notified of our IDO date!