The Lifeblood of the PolkaMAPS Ecosystem
Introduction to $PMAPS
The $PMAPS token is the lifeblood of the PolkaMAPS ecosystem, a bespoke economic model designed to enrich user interaction and facilitate the platform's growth. $PMAPS tokenomics are carefully crafted to ensure alignment with the project's long-term vision, providing utility, incentivizing participation, and rewarding engagement.
$PMAPS is the only way to engage with PolkaMAPS at the moment
Token Total Supply, Burning and Utility
Not like any other token, $PMAPS offers a unique set of utility and perks to its hodlers. And it is no different with it's max cap: we incorporated a two-dimensional limit to its max cap: quantity and time.
Total Supply: $PMAPS has a total supply of 5 millions tokens. There is no inflation mechanisms and there won't be new ways to secure $PMAPS
Time Limit: the token will last until it reaches the total supply or until the first plot in PolkaMAPS is minted. As the project evolves, this constraint might be reduced and the team will give a 5-day notice before it closes.
The remainder tokens that were not minted will be burned.
$PMAPS is more than just an inscription token; it's an integral component of the PolkaMAPS ecosystem that influences its functionality and user dynamics. This section explores the impact of $PMAPS on the ecosystem, including:
Early Access: Holders of $PMAPS will be given priority access to new plot purchases, allowing them to stake their claim on the PolkaMAPS landscape before the general public.
Plot Purchases: $PMAPS serves as the native currency within PolkaMAPS, enabling users to acquire plots using tokens. This integration ensures a seamless transaction experience and maintains the platform's closed economic loop.
Attribute Boost: Utilizing $PMAPS in plot transactions confers additional benefits, enhancing the inherent attributes of the land within PolkaMAPS. This mechanism encourages active participation and investment in the ecosystem's growth.
Community Treasury and Governance: By utilizing (burning) your $PMAPS, users will be granted with an allocation in the governance of PolkaMAPS, participating on the decision of the Treasury, future projects and community-driven initiatives.
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