$ECHO Tokenomics

The cornerstone of our proposed economy is the creation of incentives to lock the token in staking contracts meant for game progression and to give rewards in the form of generative, individual 721 NFTs for players to use in the optimization loop or to place onto the market, however they wish. That is the very essence of Gamified Staking. We want Echoes of Cryptalia to be a solid economic system, supporting a fantastic world that’s constantly evolving and presenting new opportunities, and that asks from our team responsibility in the incentive-driven economy that Gamified Staking forwards and which naturally focuses us to shape an attractive experience for our players.

Our game emission machine will be fed with $ECHO tokens only after each liquidity increase, such as NFT Sales or investment rounds, so it’s always backed in real value provided by all of our stakeholders. We will guarantee that for each token delivered in the game to the players, there is sufficient liquidity to be exchanged later, effectively providing baking to the floor to the token, but without imposing a roof alongside it. The innovative thesis of Gamified Staking not only allows players to grow in-game and in their asset management through their strategic decisions without spending the token, staking it instead, but also, at the same time, it takes the shape of a built-in deflationary mechanism for $ECHO that perfectly aligns the incentives for all members of our ecosystem. From NFT holders to large investors, and also mainstream gamers that are mostly motivated by a fun experience, even those players, simply by optimizing their in-game decisions, will be taking actions that factually empowers Echoes of Crypalia’s assets, by constantly staking the token during play.

The $ECHO token will have a total supply of 5,000,000,000, allocated as follows:

Game Emission 60%	3.000.000.000	15% unlocked, 85% vested for 48m
Early Contributors 18%	900.000.000	12m cliff, 36m vesting
Team 10%	500.000.000	6m cliff, 48m vesting
MM + Liquidity 6%	300.000.000	unlocked
Airdrops 3%	150.000.000	unlocked
Strategic partners 3%	150.000.000	24 month vesting

We also propose to focus some of our NFT Sales in the acquisition of other tokens, such as ETH or Stablecoins, that directly aim to increase our Token’s AMM Liquidity, effectively purchasing tokens from the same market and distributing, afterwards, to our players through Game Emission, as well as paying the team and game running costs.