The token allocation is highly transparent with detailed information publicly available, meeting the criteria for excellent transparency.
The majority of tokens (68.6%) are allocated to player rewards, ensuring a player-centric ecosystem and demonstrating fairness in distribution.
Vesting schedules are well-designed with long-term commitment in mind, including a 3-month lockup and 15-month linear vesting for the core team, and similar long-term structures for advisors and investors.
The use of a linear vesting approach and specific lockup periods (e.g., 6 months for future investors) helps prevent market flooding and aligns with long-term project stability.
Transparency is further enhanced by the flipside dashboard, which provides real-time data on token movements, fostering trust among stakeholders.
The treasury has not sold any HXD tokens, indicating a commitment to maintaining token value and avoiding market manipulation, which aligns with the rubric's criteria for strong measures against token dumping.
The allocation and vesting strategy compares favorably to industry standards, with clear alignment between token distribution and the project's long-term goals.
Introduction
Token allocation and vesting schedules are critical components of Web3 games, as they directly influence the long-term viability and fairness of the project.
A well-designed system ensures that incentives are aligned among team members, investors, and players, while also safeguarding the game's economy.
This report will cover:
The distribution of tokens among team members, advisors, and investors.
[1a]
The vesting schedules for different stakeholders, including team members and advisors.
[2a][2b]
The transparency and strategic alignment of the allocation and vesting mechanisms.
[3a]
Token Distribution
Honeyland's token distribution is structured to balance the interests of various stakeholders, including the core team, advisors, investors, and players:
[1b]The majority of tokens are allocated to player rewards, ensuring that the game's ecosystem remains player-centric:
[1c]
The core team holds 16% of the tokens, aligning their incentives with the long-term success of the project.
[1d]
Advisors are allocated 5% of the tokens, with a vesting schedule that ensures long-term commitment.
[1e][2c]
Future investors are allocated 10.4% of the tokens, with a lockup period of 6 months and a minimum vesting period of 12 months, reflecting a focus on long-term investment.
[2d]
Vesting Schedules
Honeyland employs a linear vesting approach for most of its stakeholders, ensuring a gradual release of tokens to prevent market flooding:
[2e][2c]The vesting schedules are designed to align the interests of stakeholders with the long-term success of the project:
The core team's tokens are subject to a 3-month lockup period followed by 15 months of linear vesting, ensuring their commitment to the project.
[2g]
Advisors have a 1-month lockup period followed by 18 months of linear vesting, with additional restrictions for advisors who join after the IDO.
[2c][2i]
Future investors have a 6-month lockup period followed by a minimum of 12 months of vesting, reflecting a focus on long-term investment rather than short-term profit.
[2d]
Transparency and Strategic Alignment
Honeyland demonstrates a high level of transparency in its token allocation and vesting schedules, with detailed information available to the public:
[3b]The allocation and vesting mechanisms are strategically aligned with the project's long-term goals, ensuring the sustainability of the game's economy:
The flipside dashboard provides real-time data on token movements, enhancing transparency and trust among stakeholders.
[3b]
The treasury has not sold any HXD tokens, indicating a commitment to maintaining token value and avoiding market manipulation.
[3d]
The long vesting periods for team members, advisors, and investors ensure that stakeholders remain committed to the project's success over the long term.
[2g][2c]
Conclusion
Honeyland's token allocation and vesting schedule demonstrate a fair and transparent approach that aligns with the long-term success of the project:
The allocation and vesting mechanisms are designed to protect stakeholder interests while ensuring the sustainability of the game's economy:
The majority of tokens are allocated to player rewards, ensuring a player-centric ecosystem.
[1c]
Long vesting periods for team members, advisors, and investors ensure long-term commitment to the project.
[2g][2c]
The transparency of token movements through the flipside dashboard fosters trust among stakeholders.
[3b]
