TIT token

TIT tokens are Tribal Island’s governance tokens, with a total circulation of 1 billion, Through the destruction of tax revenue, eventually eventually destroyed to 10 million. They are used as incentives for gamers, asset holders and other stakeholders, as well as for governance and product decisions.

• Token distribution

o TIT tokens are first issued through Double, and the amount and duration of issuance depends on gamer increments and token market.

o TIT distribution: Treasury 10%, Private Sales 6.5%, Team 9.5%, Double 10%, Community 19%, Play to Earn 33%, Airdrop 11%, Advisor/Partner 1%

• Token application example

1. TIT token is used as an anchor for the value of game assets

The Tribal Island game has two tokens, which are $TIT and $TIC. During the game, TIT tokens are used to anchor the value of game assets, to pay for the ownership, transaction, and lease of NFT assets such as game characters, pets, land, and islands.

2. TIT token is used as airdrop reward

The airdrop of TIT tokens is aimed to encourage players to hold Tribal Island game assets, and the airdrop program will continue for a long period of time. Each type of asset corresponds to a specific amount of "airdrop points". The "Hash Rate Model" is used to determine the amount of $TIT airdrop/period for each game account.

3. TIT token is used as game event rewards

The TIT tokens in Tribal Island game competition prize pool are used as event prizes, 70% of which are used for rewarding gamers, and 30% are used for paying sponsorship rewards or burn.

4. Staking and Earnings

We support $TIT holders to stake TIT tokens and earn $TIT rewards from the $TIT stake pool, at the same time they will enjoy preferential access to Tribal Island game promotions and special rewards.

5. TIT token is used as governance for the game DAO

In Tribal Island, TIT token holders are allowed to participate in the game DAO governance and obtain votes by staking $TIT. Voting influencers can initiate proposals by burning $TIT to exercise near-equity rights. Of course, this process does not happen overnight. The following governance elements may be designed over time:

· Product selection and iteration of Tribal Island

· Relevant awards settings for sponsored events

· Tribal Island advertising related proposals

· Game play optimization proposal

· Tribal Island governance

· Tribal Island token incentive optimization