Kawaiiverse
  • KAWAIIVERSE
    • 🏡The Central Town — Kawaii Islands and more
    • 🔮The ever-expanding Kawaiiverse
  • KAWAII ISLANDS
  • 📰Litepaper
  • 🎇Game play
    • 🎮Gaming modes
    • 🌿Essential items
      • 🐣Generations
      • ⛳Fields
      • 🌸The Magical Plants and Dyes
      • 🦄The Magical Creatures and Materials
    • 👨‍💻Other gaming items
      • 🪙In-game currencies
      • ⏳Speed-up Options
      • 🍀Lucky Clover
      • 🛠️Upgrade Tools
      • ⚡Energy
    • 🐣Nurturing NFTs
    • 👨‍🌾Farming
    • 🧑‍🔧Crafting
      • Converting & Extracting
      • Crafting packed furniture in Workshop
    • 🏆Reward system
      • 🚢Order Delivery
      • 🎟️Trading Pass
      • 🥇The Seasonal Leagues
    • 🏘️Home Decorating
      • Decorative Furniture (Decor Gacha)
      • Unlocking Villa houses
      • Off-chain House
      • Customize Villa/House rooms
      • Decor Point system
      • Future plans related to Home Decorations
    • 🎣Fishing Island
      • Core game loop
      • Fishing flow
      • Game items
        • Magical Fishes
        • Bait Card
        • Rod, Perk & Upgrade system
      • Special features
    • 🧑‍🎨Character Dress-up
      • Portrait & Frame System
      • Fashion Gacha
      • Dress-up Closet
    • 🪂Social Features
      • Profile
      • Friends List
      • Home Party
  • 🪙Tokenomics
    • KWT
    • MILKY
  • Tutorial
    • 🔗Link account with wallet
      • 💻Started with web, link your email
      • 📱Started with mobile, link your wallet
    • 💎Marketplace
      • How to trade NFTs?
      • Token purchase with MetaMask
      • The Kawaii Scan
      • Prepping your Metamask - Connect to Kawaiiverse & How to get free transactions
      • Setting up Keplr Wallet
      • Bridge Token/NFT between BSC & Kawaiiverse
    • 🖥️Video tutorial
  • Information
    • 📆Roadmap
    • 🌏Social Media Channels
    • 🧾Deployed Contract
  • DAO record
    • DAO N.1
    • DAO N.2
Powered by GitBook
On this page
  • What is KWT Token?
  • 1. Utility
  • 2. Governance:
  • 3. Farming:
  • Kawaii Token Supply
  • Kawaii Token Allocation
  • Kawaii Token release Schedule and Vesting Time

Was this helpful?

  1. Tokenomics

KWT

PreviousTokenomicsNextMILKY

Last updated 2 years ago

Was this helpful?

[Updated on November 14, 2021 on token supply]

What is KWT Token?

KWT, or Kawaii Token, is the foundational token of Kawaii Islands, an anime metaverse that utilizes blockchain technology for realizing "Play, Connect, Create and Earn" vision.

KWT is currently running on BNB Chain and Kawaiiverse, under 2 contracts:

  • BEP-20 Contract:

  • ERC-20 Contract:

1. Utility

Kawaii Token is the governance token of Kawaiiverse, which is necessary in exchanging important gaming assets.

Trading token: KWT will be used in our Marketplace to purchase game items. This will be one of the two entry points to the blockchain game, along with Rental Marketplace on TRAVA.

Players need KWT to buy gaming NFTs or any materials from the Marketplace and pay other fees such as special event or premium features such as Home Decor, Nurturing, ...

Special In-game Fees: KWT in some special cases. More details will be introduced gradually as new features come out.

2. Governance:

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.

  1. Governance token of Kawaii Islands: DAO at vote.kawaii.global.

  2. 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.

3. Farming:

KWT holders can earn KWT as rewards for their yield farming activities including providing liquidity or staking their KWT tokens.

Kawaii Token Supply

  • The total supply of KWT is: 1,000,000,000

  • Initial Circulating supply at TGE is: 26,666,667 (2.67%)

  • Listing price is: $0.03

  • Initial Market Cap is: $800,000

Kawaii Token Allocation

The allocation of Kawaii token for different sections is as following:

  • Ecosystem: 16.0%

  • Marketing & Listing: 14.0%

  • Play-to-earn: 22.0%

  • Staking (farming) rewards: 20.0%

  • Private sale: 10.0%

  • Advisor: 6.0%

  • Team: 12.0%

Kawaii Token release Schedule and Vesting Time

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.

They can exchange their game assets by selling their NFTs at for Kawaii Islands to get KWT tokens.

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: )

Staking/Farming at:

For boost farming (stake NFT with KWT):

Track the supply with our price feed bot:

( 19% burnt as MILKY replace KWT as Gaming token: 1debbf8af3)

🪙
aiRight Exclusive Marketplace
https://t.me/kawaii_islands/208017
https://marketplace.kawaii.global/staking
https://marketplace.kawaii.global/boost-farming-v2
https://t.me/KWTPriceFeed
https://www.bscscan.com/tx/0x8637364d6269ea6fdb9d91727383db78752963bd62f36fb20fb743
0x257a8d1E03D17B8535a182301f15290F11674b5
0x80b5a32E4F032B2a058b4F29EC95EEfEEB87aDcd
Vesting schedule of KWT token allocations
Releasing schedule of KWT token for different allocations