Total Supply: 100,000,000 $MACAW
Airdrop Allocation: 20,000,000 $MACAW
Initial Circulating Market Cap: $1,000,000
Initial Price: $0.05
TGE: 19 April, 2024 ($BTC Halving Day)
Overview
Macaw is the world’s first fully decentralized On-Chain Casino, focused on a Mobile first gaming experience. We guarantee complete transparency and security in this virtual casino using the power of the Blockchain and Smart Contracts. Macaw is backed by the Linea, Mantle and Telos ecosystem.
$MACAW is the native token of Macaw Club. The tokenomics of $MACAW is carefully designed to drive community led growth, increase player engagement and ensure sustainability for the platform. It reflects MACAW Clubs commitment to build a fully community owned and governed Casino that benefits the entire community that supports us.
$MACAW is a fully community owned projects. A key part of that commitment is the fact that Macaw does not have any outside investors. Therefore, all growth and revenues of Macaw accrues to the benefit of the community.
Token Allocation
Casino Fund
Macaw will allocate 10% of $MACAW supply to the Casino Fund itself. This money will go into operating the casino, including paying out rewards and maintaining liquidity on the platform itself. The funds will also be used to grow the platform by developing new games and new avenues to make revenue such as Leveraged Crypto Betting and Sports Betting.
Liquidity Pool
The 10% of $MACAW allocated to liquidity pool will be used to maintain liquidity on exchanges and make sure the community is able to access a robust, safe and liquid market for $MACAW. Liquidity stakers will be able to stake their $MACAW tokens at the Casino to earn up to 150% APR on their tokens.
Team Incentives
10% of minted $MACAW will go towards paying for our development and marketing team. It will also help us align the incentives of all our team members to that of the community. The tokens allocated to the team will come with 12 months of linear vesting with a 6 months clip, thereby making sure that the team is focused towards maximizing the long term market cap of the token.
Ecosystem Development Fund
To further engage the community of Macaw Club and to provide opportunities to the talented members of our community, we will allocate another 5% of $MACAW tokens towards a Ecosystem Development Fund. This fund will grant funds to developers who want to develop and deploy games on our platform. This will help the platform grow faster and bring new and interesting games to our player base.
Rewards Pool
Another 15% of $MACAW will go into a rewards pool which will be used to create exciting opportunities for the members of our community. This will include Lottery’s and other campaigns which will allows our users to win life changing amounts of money. The casino will also use its revenue to replenish this fund on a regular basis to make sure the excitment never ends!
Airdrops!
To show show appreciation to our early adopters, Macaw will Airdrop 20% of $MACAW (initial Market Cap of $1 Million) to the community in it’s first Airdrop (read more). This airdrop will occur on $BTC halving day, which marks an important moment for the entire web3 community. The Macaw team will seed liquidity for the initial Airdrop and support the price of $MACAW.
Another 30% of $Macaw will then be Airdropped to the community in a series of events and campaigns, giving a chance to the new members of Macaw to also participate in the platform’s growth.
$MACAW is a Deflationary Token
$Macaw will be a deflationary token. There will be a cap of 100 Million $MACAW tokens at TGE. The Casino will use 100% of it’s revenue to Burn tokens from the open market. Thereby creating constant demand for the token. This will provide price support and keep the token price rising.
We will also run Lotteries to incentivize users to stake their tokens to enter the lottery. The staked tokens will be locked in for a specified period, reducing the supply of the tokens in the market. These factors combined will put constant upward pressure on the price of $MACAW.
Protocol Governance
$MACAW will also be the governance token of Macaw Club. This will allow our community to propose and vote on protocol changes. The community will decide which new games are onboarded on the platform. They will also decide the prizes for the lotteries and campaigns run on the platform.
This is a crucial aspect of our vision for Macaw Club. Macaw will be fully community owned with no outside influence from investors. Strong community support will make Macaw one of the world’s largest gaming platform.
What’s Next?
Macaw is the future of online gaming. We will build a community of dedicated people who are invested in the growth of the platform and want to see the platform succeed.
To be a part of this journey by claiming your share of the $1 Million worth of $MACAW we are Airdropping on $BTC halving day.
Macaw Club is committed to making $MACAW one of the most valuable token in the world. We’ll be dropping more information of the potential upside of $MACAW very soon. So Stay Tuned! 👀🚀
Website: https://www.macaw.club/
Twitter: https://twitter.com/0xMacawClub
Telegram: https://t.co/tdo9tbzxEe
