Revoland is a multiplayer online battle arena game that has raised attention worldwide for its unique integration of traditional gaming experience using blockchain-based technology. Its ecosystem is the REVO token, which is responsible for facilitating in-game functionalities and also serves as a medium of exchange within the platform.
Token Unlocking & Investing Schedules
Most importantly, comprehending the tokenomics of a Revoland project is very important, either as a player or investor. However, it directly impacts the supply, demand, and overall value. Token unlocking is the process where a previously locked or vested token becomes available for circulation ( following a predetermined schedule).
Additionally, according to data sourced from coin market cap its distribution and unlocking schedules are:
Total Supply: 120,000,000 (this is according to self-reported supply).
Unlock progress
- Locked: 41.78m Revo
- Unlock progress: 65.19% –78.23m Revo
- Unlocked: 78.23m Revo
- Next unlock: 1.10% — 1.32m Revo
Allocation Breakdown:
- Core Team: 19.99%
- Advisors: 5%
- Institutional Investors: 7%
- Staking: 10%
- Strategic Round: 15%
- Eco Fund: 16.5%
- Treasury: 20%
- Public Sale (IDO): 1.5%
- Liquidity: 5.01%
Nevertheless, the next scheduled unlock event is set for March 20, 2025, with 1.32 Million Revo. 36.837.76 (1.10% of total locked) becoming available for circulation.
Token Unlock’s Implication
Generally, unlock events are known to influence the market dynamics of a cryptocurrency. When an increase in token supply doesn’t correspond with the Market demand, then a fall in price is expected to occur. However, the events are anticipated mainly by the community. Their impact can also be diminished via strategic planning and the team of the project.
Developer of REVOland Game
Designed by Chain X Game. Their first project was Puppy Planet. Its completion was a huge success, covering multiple milestones in just 3 months. Additionally, to maintain the development momentum of Chain X Game, the team brings Revoland’s players with something brand-new. The “play to earn” game experience is available through the most popular game types at present.
Revoland is devoted to exploring the feasible compilation of both traditional games and chain games. As a professional team whose objective is to create a new crypto game world, Revoland also engaged some mainstream game companies. The traditional gaming industry includes 4:33 Creative Lab and 505 Games.
Staking Mechanism of Revoland
Staking in Revoland is programmed to make users actively get involved in the network, supporting its operation and security. Furthermore, players can choose from a variety of lockup periods while staking their $REVO tokens. However, staking a given amount of $REVO unlocks VIP stages or levels, thereby granting access to various in-game benefits. These rewards include in-game reward bonuses and referrals. Staking supports the REVO Games ecosystem and the REVO DAO. A REVO SDK is Built to empower developers and players in the Web3 gaming metaverse.
Conclusion
Its well-organized distribution and transparency in token unlock schedules show great effort to sustain the growth of the ecosystem. Furthermore, with respect to investment and participation, holders should be alert to token unlocking schedules.
