MAYG AIRDROP LAUNCH TOKEN SUPPLY
Last updated
Last updated
From the start of our Alpha testing period, the launch of Beta v1, all testers and participants who have registered and used a MAYG NFT for gameplay in their own wallet, will be awarded based on a formula.
Our ethos for Web3 is that all in-game assets should be NFTs and that the development of our game and ecosystem should be player-prioritized first.
As such our game and design for the $MAYG token take the following into consideration:
Any player with us for the Alpha - Beta period and early adopters of our game will have inherent benefits from the game's growth.
The total initial supply of $MAYG tokens will be derived first from the total airdrop supply to our Alpha - Beta testers and to those active NFT holders.
As the token is being minted by the Game and will be burned by the subsequential games, our current approach is letting the $MAYG token organically grow through actual gameplay and not speculation. This may result in a relatively low supply of initial $MAYG, so to curb the effects of too low of a supply, we decided to do this airdrop to also kickstart the game economy.
$MAYG CURRENT TOKEN ALLOCATION FRAMEWORK: *March 26th 2025 Revision
PUBLIC AIRDROP FILE https://docs.google.com/spreadsheets/d/1i83nf5UlMRvk0IdM1pBA1pjtUpzmm_RdjV-IaR164XI/edit?usp=sharing
TREASURY
$100,000.00
24%
TOTALS
$ 420,000.00
100%
*March 26th, 2025 Revision Notes
From our last period of airdrops, we realized there needed to be changes to the launch of MAYG's airdrop and launch distribution.
Because revenue and player incentive is based on the $MAYG token value, the initial supply and price discovery needs to be based on actual player gameplay.
As this is not a liquidity or fundraising event for the game, the player airdrop will be 320,000 USD worth of our $MAYG token and $100,000 of the $MAYG will be held in our treasury and disbursed to create a Defi paol for $MAYG pairings.
AIRDROP CHANGES
As such, we will be doing a final play-2-airdrop period for the last $160,000 again: -This airdrop period will be announced and run from MAY 2025 until the economy is turned on
-Players will need to join our discord and do an 'play session' roll call as only the official times will considered for the airdrop instead of a 24hr period.
Additionally, the airdrop will go into player's game accounts rather than the onchain wallet.
Withdraw of the $MAYG token will be determined by your character's in-game level. The more level the character is, the more a player can withdraw to their own onchain wallet.
Social players will only receive $GLB tokens in their accounts and will not be able to withdraw unless they convert to an NFT account.
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The reason why we have the flexibility to do this is because MAYG was nearly entirely self-funded and all the Angels are strategic angels who have agreed to a token warrant for the opportunity to participate. We have no VC funding, we did not do a pre-token sale, we did not do a paid mint sale for the NFT. This now allows us to make the best decision for our players, game and future without any misaligned incentives.
Our players and this community are not our exit liquidity, you are our game's future and our hope is that this airdrop shows our sincerity and appreciation to our early adopters and supporters. This section will be subject to change based on the optimal approach as we get closer to the token generation event (TGE). This is a video game not a speculative investment vehicle or if you are holding or playing MAYG for a speculative or investment return reason, then you should be aware that this project's sole priority is in creating an open sustainable game economy and ecosystem with our core players. Do not engage, play or hold any of our gaming assets if your intention is related to investment return.
