TOKENOMICS - SUMMARY
Summariser
(N/A)
Significance
Phantom Galaxies' tokenomics framework aims to provide a secure, transparent, and sustainable economic model by integrating gameplay mechanics, balancing stakeholder interests, and ensuring scalability in the Web3 gaming ecosystem. The game leverages a multi-token model with ASTRAFER as the primary governance and utility token, complemented by fungible tokens and NFTs, to create diverse economic opportunities for players. Token utility is deeply integrated into gameplay, with ASTRAFER used for upgrades, governance, and managing galactic organizations, while fungible tokens facilitate in-game resource trading.
- The multi-token model encourages both casual and hardcore players to participate in the economy, with NFTs like Planets and Starfighters providing unique assets that generate passive income and governance rights.
- Earning mechanisms, such as completing missions, controlling resource locations, and owning Planets, incentivize active participation and tie token earnings to player engagement and effort.
- The game's token unlock schedule is phased and scalable, with emissions tied to player activity and game milestones, ensuring a balanced distribution and preventing market flooding.
- Community governance, facilitated through ASTRAFER staking and the transition to a DAO model, ensures that players have a say in tokenomics, enhancing transparency and adaptability.
- Polygon's blockchain infrastructure supports the game's scalability, interoperability, and security, with low transaction fees and fast processing times enhancing the player experience.
- Smart contracts and wallet infrastructure are designed with multiple layers of security, including hardware wallet compatibility and encryption protocols, ensuring the safety of players' digital assets.
Completeness
While Phantom Galaxies' tokenomics framework demonstrates promising features, the lack of transparency in token allocation and vesting schedules limits the robustness of the research.
- The exact distribution of ASTRAFER tokens among team members, advisors, early investors, and gamers is not explicitly detailed, raising questions about fairness and transparency.
- The absence of specific details about the vesting schedule for ASTRAFER tokens allocated to the team, advisors, or early investors makes it challenging to assess the fairness and economic stability of the project.
