😸$PRR (Purraria Rare Runes)
Last updated
Last updated
Purraria Rare Runes ($PRR) is a governance token of Purraria, where its usage will define the key activities of Purraria and Purriors owned by the players. The supply and allocation of $PRR is still subject to change, however the initial plan for token supply will be limited to 100.000.000 with the following distribution:
Development: 20%
Team: 20%
Ecosystem & Marketing Fund: 15%
Staking Rewards: 15%
Private Sales: 10%
IDO: 8%
Seed: 5%
Advisor: 5%
Liquidity Pool: 2%
The primary objective of $PRR is to establish and maintain a mutually beneficial relationship between the players and GGWP as the game developer, with details as follows:
$PRR acts to support incentive for the players who are actively participating in Purraria and positively contributing to its growth.
The distribution of $PRR are made in the way to decentralize the ownership of Purraria to player-driven governance.
Purraria is our ship to realize the goal to empower the gamers around the world to make a living by doing the things they love: playing games. To achieve that, Purraria and $PRR token are designed to become one of the powerhouse NFT games which fully owned, operated, and raised by its community of gamers.
The details of $PRR usage in Purraria can be described as follows:
Advance interaction with Purriors: $PRR can be used by the players to breed a new Purrior and future activities that will be announced at a later date.
Governance: As a governance token, $PRR allows the players to actively govern the ecosystem of Purraria through a Decentralized Autonomous Organization structure and ultimately driving the growth of Purraria in the community’s best interest.
Staking: $PRR can also be used as a return of the high-reward investment performed by the players. The staking mechanism will be used to generate $GGX utility token for various uses in Purraria ecosystem.
NFT Trading: $PRR will be used as the main currency for Purraria NFTs player-to-player trading in the Marketplace with market-driven pricing.
To support the distribution of $PRR on the community the developer will also act to manage the supply mechanism to an extent, whenever required.
In the long run where the community members grow exponentially, there will also be increased demand for more Purriors which will in turn will create more demand for $PRR. As there is a limited total supply of $PRR available in the market, the demand and supply driven by the market will ultimately affect the price of $PRR token.
The unlocking schedule of $PRR token will be following a predetermined plan since its launch phase.
For enforcing the healthy economic growth and monetary value of $PRR token, the expected issuance may be altered even though the tokens have been unlocked as per the predetermined schedule. This is required to ensure both the community and the game are ready to take more $PRR for securing a sustainable development in the long run.