Special In-game Fees: KWT in some special cases. More details will be introduced gradually as new features come out.
KWT holders have the right to participate in governing any policy decisions related to playing or spending within Kawaii Islands game in a DAO manner. Each proposal is raised via a voting interface in the game (coming soon) and only when the majority votes for its “pass”, the policy is applied.
Governance token of Kawaii Islands: DAO at vote.kawaii.global.
Investing token: As MILKY will be the gaming token which absorbs fluctuation risks from players, investors who believe in the growth potential of Kawaii Islands will be able to invest in KWT.
Share Revenue: As we announced, 20% of Marketplace profit will be shared to KWT holders on a bi-weekly basis, they will have to deposit their KWT into the pool to be captured. (More info at: https://t.me/kawaii_islands/208017)
KWT holders can earn KWT as rewards for their yield farming activities including providing liquidity or staking their KWT tokens.
At TGE, 2.67% of total Kawaii Token will be released from Private sale and Marketing and Listing allocations. This includes a release of tokens from IDO allocation, which will be announced in detail soon.
Private sale allocation is released 5% at TGE, and vested in 1 year (linearly releasing block by block).
Team and advisor allocations are locked for 6 months, and are vested for 60 months.
Other allocations are all gradually released, and vested for 60 months.
Please check the following table for vesting schedule and the following figure for releasing schedule.
Vesting schedule of KWT token allocations
Releasing schedule of KWT token for different allocations