Whitepaper - Astroon
  • Introduction
    • Overview
    • Getting Started with Astroon
    • Mission Statement
    • Our Vision
  • ECOSYSTEM
    • Astroon Animation: Bringing the Universe to Life
    • Astroon Games: Empowering Players through Interactive Play
      • Astroon Fall: Elevating the Adventure
      • Astroon Idle: Strategy and Expansion in the Cosmos
    • Astroon Token ($AST)
      • Tokenomics
      • Token allocation
      • Circulating Supply
    • Astroon NFTs: The Core of Digital Ownership and Engagement
      • Astroon 'Be a Member' Collection
      • Astroon Membership NFT Collection: Unlock the Cosmos
        • Member NFTs
        • Agent NFTs
        • Community Membership Airdrops
      • Astroon PPFPs (Playable Profile Photos) Collection
      • In-Game Assets as NFTs
      • Astroon Exclusive Treasure Chest
    • Astroon Community Bot
      • Tasks: Earn Rewards by Participating
      • Community Points: Recognition and Rewards in the Astroon Universe
      • Tickets: Your Gateway to Rewards in the Astroon Community
    • Astroon GIFs: Expressive Pixels, Endless Fun
    • Astroon Merch : Universe at Your Fingertips
    • Astroon Social Media : Expanding the Universe Through Engagement
      • Astroon Community App : The Next Social Frontier
  • Astroon Roadmap: Navigating the Cosmos
    • 2023 : The Big Bang of Astroon
    • 2024 : Expanding Horizons
    • 2025 : The Golden Age of Engagement
  • Astroon Engagement Loop : Nurturing a Vibrant Gaming Community
  • Contact Us : Connect with Astroon
    • Twitter
    • Discord
    • Telegram Chat
    • Telegram Announcment
    • Linktree
    • Website
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  1. ECOSYSTEM

Astroon Token ($AST)

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Last updated 1 year ago

The Astroon token economy is the foundation of the Astroon ecosystem. The Astroon token ($AST) is a native asset used in the Astroon game and other Astroon products and services. The token is a tool that allows users to contribute to the Astroon ecosystem and earn rewards.

Token Supply and Distribution:

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Token Utilities:

  • In-game purchases: Tokens can be used to purchase characters, weapons, and other in-game items in the Astroon game.

  • Service payments: Tokens can be used to pay for various services offered within the Astroon ecosystem.

  • Investment: Astroon tokens can be used to invest in the future of the Astroon ecosystem.

  • Governance: Astroon token holders can use their tokens to influence decisions about the future of the Astroon ecosystem.

Token Value:

The value of the Astroon token is determined by supply and demand. The growth of the Astroon ecosystem and the increased use of the token will help to increase the value of the token.

Burn Mechanism:

The Astroon project will implement an aggressive burn mechanism to protect the token supply and token value. 50% of project revenue will be allocated to the burn process. This includes revenue from all Astroon products, such as Astroon Animation, Astroon Fall, Astroon Idle, and the upcoming Astroon Merch and Astroon Community App.

Benefits of the Burn Mechanism:

  • Reduces Token Supply: Burning tokens reduces the number of tokens in circulation, increasing token scarcity and, consequently, value.

  • Creates Deflationary Pressure: The reduced token supply creates deflationary pressure, helping to preserve the token's long-term value.

  • Increases Investor Confidence: An aggressive burn mechanism assures investors that the token's value will be protected, increasing investment appeal.

Burning Process:

The burning process will be conducted in a transparent manner following these steps:

  1. Revenue Collection: 50% of project revenue will be allocated to a burn wallet.

  2. Token Purchase: The burn wallet will purchase a specific amount of Astroon tokens from the market.

  3. Token Sending: Purchased tokens will be sent to the "0x000000000000000000000000000000000000dEaD" address to be burned.

  4. Announcement: After each burn event, transaction details and the amount of tokens burned will be announced to the community.

Conclusion:

The Astroon token economy provides a solid foundation for the sustainability and growth of the Astroon ecosystem. The token is a tool that allows users to contribute to the Astroon ecosystem and earn rewards. The value of the Astroon token will increase with the growth of the Astroon ecosystem and the increased use of the token.

Note: This document is for informational purposes only and should not be construed as financial advice. It is important to do your own research before making any investment decisions.