Tokenomics
LuxWorld initial economy will operate with token LUX and two main NFT Items.
Last updated
LuxWorld initial economy will operate with token LUX and two main NFT Items.
Last updated
LuxWorld Token (LUX) are built on the Arbitrum One and developed as the native token of the meteverse.
Token Name: LuxWorld token
Token Symbol: LUX
Token Decimals: 18
Token Type: ERC-20
Circulation Supply: 2,000,000,000
Token Address: 0x58b13de0b56c91497b1aaeb344be2a4d7d0478c2
LUX is a governance and utility token with limited supply of 2,000,000,000 LUX. At the initial phase, we set community sales accounted for 45% of token supply. After presle, unsold token from Community Sales was transfered to Community Treasury.
Community Sales
28,5%
569,461,518
Unlock 100%
Strategic Investors
5%
100,000,000
Locked 1 year, vest linearly over 3 years
Liquidity Exchange and Staking
10%
200,000,000
---
Ecosystem
10%
200,000,000
Vest linearly over 48 months
Travel to Earn
20%
400,000,000
Vest linearly over 5 years
Foundation Team
10%
200,000,000
Lock 1 year, vest linearly over 3 years
Community Treasury
16,5%
330,538,482
Lock 1 year, vest linearly over 05 years
100%
2,000,000,000
LUX Burning mechanics is applied for LuxWorld's first pharse. The LUX is burned by:
Luggage Customization
Check-in Node Minting: Breeding, Merging
