In-Game Applications
SGC's fundamental role encompasses various in-game operations within KAI: Battle of Three Kingdoms, which include:
- NFT Card Acquisition: Players utilise SGC to acquire randomised card packs featuring historical generals, which are minted as NFTs on the SG Verse platform. Players can evolve these cards through gameplay and trade them on peer-to-peer marketplaces.
- Staking Mechanisms: By locking SGC in specific smart contracts, players can access exclusive assets such as limited-edition cards, tournament entries, and voting rights regarding game developments.
- Governance: Token holders possess the authority to propose and participate in voting on matters like game balance changes and revenue distribution, facilitated through on-chain governance systems.
Tokenomics and Distribution
The SGC supply is thoughtfully curated, capped at 10 billion tokens, which is dispersed across four main pools:
- Ecosystem Development (40%): Funds ongoing enhancements, marketing initiatives, and partner collaborations.
- Player Rewards (30%): Allocated through competitive tournaments, quest completions, and community-driven events.
- Staking Incentives (20%): These are designed to reward long-term holders and stabilise the circulating supply.
- Team and Advisors (10%): This portion is subject to a four-year vesting schedule to align the interests of the team with long-term project growth.
This distribution strategy mitigates inflationary risks whilst maintaining sufficient liquidity for the ecosystem, creating a direct incentive structure that encourages active player participation. Additionally, the conversion of SGC Points (SGCP), earned through player-versus-player matches, into SGC tokens enhances engagement, as players benefit from their in-game accomplishments.
