ALL TOKEN & TOKENOMICS are under review Q1-Q2 2024
UPDATE
The team at 8Bit Arcade are working on a blockchain architectural solution that will span multiple chains. So as to provide the best experience possible to gamers, we are currently undergoing a review / design & development phase so as to position ourselves as a truly seamless multichain gaming platform. We will release a tokenomics paper underscoring all GameFi, DeFi and SoFi tooling that will be built into this solution in due course.
$NBBL
8Bit Arcade will have a utility token that will give our holders a say in business-related decisions. We will host community proposals in our Discord server where holders can discuss and vote on important issues and the future direction of the project. We value the input of our holders as they play a vital role in helping us build the best platform possible.
NIBBLE (meaning: a group of four bits, or half a byte) We will introduce the following features to help shape what will be a governance token like no other!
&NBBL will be on its own Layer 3 blockchain
no ICO or IDO, this token will be for minting only
No team and no investor allocations
A multi-signatory system for all project wallets
A minimum of two signatures will be required to authorize any transaction from these wallets, a community vote will be mandatory every quarter on deliverables and expenditures.
All liquidity will be locked and can only be released on node operators say so (a mandatory community vote will be required)
An independent audit of the token contract & blockchain will be actioned prior to launch
Timescale - TBC
Utility Token(s)
$NBBL will in be a utility token. It will be available on a tier 1 blockchain in future and will be EVM compatible! It will fulfil the purpose of transacting within our ecosystem with the following added benefits:
Gasless experience
Discounts in eStore
Rewards mechanism token
Will enable SocialFi payments
Will be used to help with Gamer Profile scoring
Will be purchasable with FIAT currency
Will enable everyday real-world purchases through our ecosystem virtual Debit Card
Notes:
$NBBL the token
Our own utility token to come...
We will enable real-world purchases through our virtual debit card.