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    • Economics: Utility and Rewards
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  1. $BX3

$BX3 Utility and Tokenomics

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Last updated 1 year ago

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$BX3 Utility

The utilities were crafted to recognize the dedication of our most active participants in the Box3 ecosystem. The platform's functionality won't hinge on owning the $BX3 token; it's open to the entire TSB community. However, for that extra dose of Box3 utility perks, users gotta stake those $BX3 tokens on the platform.

BOX3 Token Utility Highlights

  1. SAND Hub:

    • Offers high Annual Percentage Yield (APY) on $SAND staking without the need for owning LAND.

    • Accessible to both regular users and $BX3 token holders.

  2. Creators Hub:

    • Supports game creation with varying levels of priority, from basic to high.

    • Allows for game creation on Premium LAND, with this feature exclusive to $BX3 token holders.

    • Provides two tiers of game promotion plans: basic and premium, the latter being available solely for $BX3 token holders.

  3. LAND Hub:

    • Enables LAND renting services with basic and high priority options.

    • High priority LAND renting and high APY LAND staking are privileges reserved for $BX3 token holders.

  4. Player Hub:

    • Organizes BOX3 Competitions open to all users.

    • Offers extra rewards in BOX3 Competitions exclusively for $BX3 token holders.

    • Allows the publishing of third-party games in Competitions, a feature available to $BX3 token holders.

Additional Insights: The APY is enhanced by combining two pools: the yield from games earning $SAND and the $BX3 rewards, offering a lucrative mix for stakeholders.

Note: "High APY" refers to the attractive rate of return earned by combining staking rewards from The Sandbox and rental yields from games that earn $SAND, along with additional $BX3 rewards, for a potentially higher total return.


Tokenomics

Box3's tokenomics are carefully crafted for long-term sustainability and growth. With a total supply of 10 million tokens, the allocation is designed to balance immediate liquidity and incentivize all stakeholders.

TBA


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