Eldarune's token allocation demonstrates transparency and fairness with publicly disclosed percentages and a team allocation of 15%, which is standard in the industry.
The vesting schedule is well-designed, with a 60-month lock-up period for team tokens and a 42-month lock-up for treasury tokens, ensuring long-term alignment with the project.
The renouncement of team token ownership enhances transparency and trust, reducing the risk of manipulation and aligning team incentives with the community.
While the allocation is fair and the vesting schedule is robust, further details on the 'Other' category (42.5% of tokens) would improve clarity and understanding of the distribution process.
Overall, the token allocation and vesting schedule align well with industry standards and project goals, though minor improvements in transparency could elevate it further.
Introduction
Token allocation and vesting schedules are critical components of Web3 gaming economies, ensuring alignment of incentives between project teams, investors, and players.
In the case of Eldarune, the tokenomics are designed to balance the interests of stakeholders while promoting the long-term health of the game's economy.
This report will cover:
The allocation of ELDA tokens among team members, advisors, investors, and other stakeholders.
[1a]
The vesting schedules for team tokens and their implications for long-term project commitment.
[2a]
The transparency and fairness of the token distribution process.
[3a]
Token Allocation
Eldarune's token allocation is structured to balance the interests of various stakeholders, including the team, investors, and players:
The total supply of ELDA tokens is 590.46 million, with the following distribution:
[1a]
The team holds 15% of the total token supply, which is a standard allocation in the industry.
[1c]
In-game rewards and marketing account for 15% and 10% of the tokens respectively, ensuring that players and promotional activities are sufficiently incentivized.
[1d]
The largest portion, 42.5%, is allocated to 'Other' categories, which may include reserves, partnerships, and ecosystem development, though further details are needed.
[1e]
Vesting Schedules
Eldarune has implemented a vesting schedule for team tokens to demonstrate commitment to the project's long-term success:
Significant portions of the team's tokens are locked for extended periods to align incentives with the project's longevity:
[2b]
90 million team tokens are locked for 60 months, ensuring that team members remain committed to the project for an extended period.
[2c]
An additional 30 million tokens from the ELDA Treasury are locked for 42 months, further demonstrating the team's long-term focus.
[2d]
The renouncement of team token ownership reinforces transparency and trust, aligning the team's interests with those of the community.
[3a]
Transparency and Fairness
Eldarune has taken steps to ensure transparency and fairness in its tokenomics:
The renouncement of team token ownership and the detailed vesting schedule contribute to a transparent and equitable distribution process:
[3a]
The renouncement of team token ownership ensures that the team cannot manipulate the token supply, fostering trust within the community.
[3a]
The token allocation percentages are publicly disclosed, allowing stakeholders to assess the fairness of the distribution.
[1a]
While the allocation appears fair, more details on the 'Other' category would provide a clearer picture of the token distribution.
[1e]
Conclusion
Eldarune's token allocation and vesting schedule demonstrate a fair and transparent approach to balancing the incentives of stakeholders:
The long-term lock-up of team tokens and the renouncement of token ownership align the team's interests with the community, fostering trust and commitment:
The team's 15% token allocation is in line with industry standards, and the 60-month lock-up period ensures long-term alignment with the project.
[1c][2c]
The renouncement of team token ownership enhances transparency and trust within the community, reducing the risk of manipulation.
[3a]
Further clarification on the 'Other' category in the token allocation would provide a more comprehensive understanding of the distribution process.
[1e]
