🪙Tokenomics

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!

  • Max wallet size of 0.5% of supply

  • A multi-signatory system for all wallets relating to the project.

  • 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 token holders say so (a mandatory community vote will be required).

  • An independent audit of the token contract will be actioned prior to launch.

  • Will be launching in Q4 2024 on tier 1 blockchain

Utility Token(s)

$NBBL will in be a utility token. It will be available on a tier 1 blockchain in Q4 2024 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.

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