Realm Token Improvements and more
The New Beginning
With new backing from our Web3 partners, we will continuously release updates on our DAPP tunnelling towards our blockchain-integrated turn-based web game. At the start of the new year, with support from our partners,
Rebranding and expanding Karitha into an ecosystem starts with creating a platform for everything Web3. The new DAPP development, led by Luckybirds, will be the foundation of Web3, with future expansion planned
- New Innovative Staking Programs
- New NFT burning mechanisms
- Web-based Web3 game
- New $REALM utility
- Turn-based Web Game
- Marketplace
Realm Token Changes
Overview
$REALM is the token of the Realm ecosystem, the brand that will encompass all products, services and projects undertaken.
The changes reduce the circulating supply. The treasury focuses on automating redistribution to long-term holders while increasing the locking threshold to five years for the team and three years for future investors.
Token Distribution
Team & Advisors
- Amount: 15,000,000 | 3%
- Amount: 35,000,000 | 7%
- Locked: 12 60 months
- Vesting Schedule 36 months
- Unlocking Schedule 3 months Increments
Genesis Staking
- Amount: 100,000,000 | 20%
- Vesting Schedule: 10 years
- Unlocking Schedule: 24 hours
Marketplace
- Token: REALM
- 3% fees burn
Treasury Mechanic
Funds will be used to buy Genesis buildings and stake them for ten years; the REALM generated will be used to reward holders who lock their Genesis NFTs.
New Staking Mechanism ****
With the traditional way of staking, users lock tokens in return and receive an amount back based on the coded SC issuance.
We will introduce a new feature where users will swap REALM with an SFT, producing more REALM each month and claimable over an extended period while the amount they stake initially gets burned.
Realm Utility
Treasury
- REALM will buy genesis buildings and stake
- The rewards from the staking of genesis buildings will be provided to holders who stake and lock their NFTs for extended intervals (3 months, 6 months, etc.)
- REALM will buy Karitha NFTs at the floor price which are listed in REALM and burn the selected NFT
Public Token Saleis
Fair launch fixed price
Amount: 50,000,000 | 10%
Price: TBC
Date: TBA
Funds Usage
- Physical Store Expansion
- Team Expansion
- Digital Expansion
- Buy Genesis & Stake
- Buy Karitha NFTs & Burn
- Stake $eGLD
- IDO
Token Sale Benefits
First 700 Sales of over 4,000 REALM
- 1 Land Airdrop per ERD address
Over 20,000 REALM
- Listed on our credits of the game
350,000 REALM
- Custom building design
750,000 REALM
- Custom decorative assets for their community
- Custom buildings for their community
- Customised Public Location
- Land Size of 250x250