Introduction

Token allocation and vesting schedules are critical components of Web3 gaming economies, ensuring fairness, transparency, and alignment with long-term project success. Ember Sword, developed by Bright Star Studios, has implemented a token distribution system designed to align the incentives of the team, advisors, and players while protecting the game's economic health. This report will cover:

• The team’s allocation and vesting schedule, which ensures long-term commitment and stability. [1a] [1b]
• The transparency measures in place, including the use of a multi-sig wallet and detailed token allocation disclosures. [1c]
• The alignment of the token release model with the game’s growth and player engagement, ensuring a stable and dynamic economy. [1d]

Team Allocation and Vesting

Ember Sword’s team allocation comprises 17.3% of the total token supply, which is a significant but reasonable portion given the team's role in developing and maintaining the game. [1a] The team’s tokens are subject to a 48-month linear vesting period with a TGE+1 lockup, ensuring that the team remains committed to the project’s long-term success: [1b]

• The long vesting period aligns the team’s incentives with the game’s growth and reduces the risk of token dumping.
• The TGE+1 lockup ensures that the team cannot immediately liquidate their tokens, providing stability in the early stages of the game.
• Strict policies are in place to prevent independent token sales by employees, further protecting the game’s economy. [1g]

Transparency Measures

Ember Sword has implemented several measures to ensure transparency in its token allocation and vesting schedule, which are crucial for building trust among stakeholders. The use of a multi-sig secure wallet for the proceeds from the public token sale is a key example of this transparency: [1c]

• The multi-sig wallet requires multiple executives to approve transactions, reducing the risk of mismanagement or fraud.
• Detailed information about token allocation and vesting schedules is publicly available, promoting accountability and trust. [1i]
• The team’s communication about token distribution and vesting is clear, though more details on performance-based unlocks could further enhance transparency.

Alignment with Long-Term Goals

Ember Sword’s dynamic token release model is closely tied to the game’s growth and player activities, ensuring that token distribution aligns with the project’s long-term success. [1d] This approach provides several benefits for the game’s economy:

• Tokens are released based on player engagement, ensuring that supply meets demand and stabilizing the economy. [1d]
• The model incentivizes ongoing player activity, as rewards are tied to participation in events, competitions, and other in-game activities. [1l]
• By linking token release to game growth, Ember Sword ensures that the economy scales with the player base, reducing the risk of inflation or deflation.

Conclusion

Ember Sword’s token allocation and vesting schedule demonstrate a fair, transparent, and strategically sound approach that aligns team incentives with long-term project success. The team’s long vesting period and strict policies ensure commitment to the project, while the dynamic token release model aligns token distribution with player engagement and game growth. Key measures, such as the use of a multi-sig wallet and detailed allocation disclosures, enhance transparency and protect the interests of stakeholders.

• The team’s 48-month linear vesting period with a TGE+1 lockup ensures long-term commitment and reduces the risk of token dumping.
• The dynamic token release model ties token distribution to player activity and game growth, ensuring a stable and scalable economy.
• Transparency measures, including the multi-sig wallet and public token allocation details, build trust among stakeholders.

References

[1] Ember sword. Whitepaper - Ember Sword. embersword.com. 30 Jun 2023. Available from: https://embersword.com/whitepaper