The token unlock schedule is well-planned, with a clear algorithmic mechanism that ties token distribution to staking activity, thus preventing market flooding.
Transparency is evident through the detailed explanation of the unlock formula and the deposit system for XPSR-24, which includes refunds for unused deposits.
The supply management strategy demonstrates adaptability, with mechanisms like the 10-day deposit period and refund system reducing speculative behavior.
The initial distribution is fair, with allocations to FICT ZERO holders and a system that ensures only participants who secure assets contribute to the supply.
Long-term sustainability is supported by the staking-based unlock mechanism and the deposit system, which maintain token scarcity and value.
Community governance is somewhat addressed through the deposit system, which allows participants to make informed decisions, although direct community input on supply decisions is not explicitly mentioned.
The token unlock and supply model is innovative and competitive, setting Riftstorm apart with its algorithmic approach and transparent distribution systems.
Introduction
Tokenomics plays a critical role in the success of Web3 games, ensuring a balanced ecosystem that supports both player engagement and economic sustainability.
Riftstorm, developed by Confiction Labs, employs a unique approach to token allocation and supply management, designed to balance initial distribution, ongoing emissions, and long-term sustainability.
This report will cover:
The token unlock schedule and its alignment with the game's economic model.
The supply management strategy, including transparency and adaptability.
The long-term sustainability of Riftstorm's tokenomics and its impact on the game's ecosystem.
Token Unlock Schedule
Riftstorm's token unlock schedule is designed to balance initial distribution with long-term sustainability, using algorithmic mechanisms and staking incentives.
[1a][1b]The unlock mechanism for FICT ZERO, Riftstorm's genesis asset, is based on a transparent and secure algorithmic formula:
[1c]
The total supply of FICT ZERO is 888, with 333 released in 2024 via invite-only application and the remaining 555 distributed annually based on staking activity.
[1d][1e]
The unlock formula ensures that the number of tokens distributed each year is proportional to the average staked assets in the prior year, preventing market flooding.
[1f]
This staking-based mechanism incentivizes long-term holding and aligns with the game's economic model, fostering ecosystem growth.
[1g]
Supply Management Strategy
Riftstorm employs a transparent and community-driven approach to supply management, particularly through its XPSR-24 distribution system.
[2a]The deposit system for XPSR-24 ensures fair access and reduces inflationary pressure by refunding unused deposits:
[2b]
XPSR-24 has a total supply of 4,888, with 888 allocated to FICT ZERO holders (333 airdropped immediately and 555 distributed over 10 years) and the rest distributed through Guaranteed, Priority, and Public spots.
[2c][2d]
The 10-day deposit period allows participants to make informed decisions, reducing the risk of speculative behavior.
[2e]
Unused deposits are refunded, ensuring that only participants who secure assets contribute to the supply, thus maintaining scarcity.
[2f]
Long-Term Sustainability
Riftstorm's tokenomics are designed for long-term sustainability, with mechanisms that incentivize continued participation and ecosystem growth.
[1g]The staking-based unlock mechanism for FICT ZERO aligns with the game's economic model, fostering both short-term engagement and long-term value creation.
[1a]
The algorithmic unlock formula ensures that token distribution is proportional to staking activity, preventing inflation and maintaining token value.
[1c]
The deposit system for XPSR-24 ensures fair access and maintains scarcity, reducing the risk of market oversupply.
[2a]
These mechanisms collectively support the game's long-term sustainability by aligning token distribution with player activity and ecosystem growth.
[1k]
Conclusion
Riftstorm's token unlock schedule and supply management strategy demonstrate a well-planned approach that balances initial distribution, ongoing emissions, and long-term sustainability.
The use of algorithmic unlock mechanisms and transparent distribution systems ensures fairness, adaptability, and alignment with the game's economic model.
The staking-based unlock mechanism for FICT ZERO incentivizes long-term holding and prevents market flooding, fostering ecosystem growth.
[1a]
The XPSR-24 deposit system ensures fair access and reduces inflationary pressure by refunding unused deposits, maintaining scarcity.
[2b]
Future research could explore the impact of token burn mechanisms, dynamic supply adjustments, and community governance on Riftstorm's tokenomics.