Token Utility

GAMEE Whitepaper
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GAMEE
GMEE Token
Token Utility
Allocation & Release Schedule
Token Utility
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The GAMEE token allows holders to enter skill-based tournaments, purchase and upgrade game characters, virtual real estates and other in-game items, as well as engage in the governance layer of the ecosystem that allows voting on platform roadmap, new game content, and creation of prize pools. 
The GAMEE Token is proposed to have an expanded usage across other Apps and DApps, especially those of parent company Animoca Brands.
Utility
Description
Gameplay Payments and Entry Fees
Players will need GMEE Tokens to pay items, such as entry fees to all skill-based tournaments in Arc8 and G-Bot games.
Gameplay Rewards
Rewards across supported games (Prizes App, Arc8 tournaments and G-Bots games) are paid in GMEE. 
NFTs Purchases & Renting
Players will need GMEE to purchase game characters (G-Bots) and to purchase various types of virtual real estate in Arc8 and G-Bots, as well as custom platform avatars.

Renting of NFTs (game characters, real estate) will be facilitated in GMEE token.
NFTs Upgrades & Breeding
Players will pay with GMEE to upgrade their G-Bot and increase the robot's overall power and stats, as well as use GMEE token to breed new G-Bots.

Upgrading will be available also for Game Land in Arc8 and G-Bots.
Marketplace
Marketplace will enable the community to purchase, rent and trade in GMEE token.
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Items include game characters (such as G-Bots), in-game items, and virtual real estate such as Arc8 ARENAs and G-Bots LAND. 
Staking
​Staking G-Bots will enable their owner to earn rewards in GMEE.

Token staking events incentivize holding of GMEE and contributing to various liquidity pools to create market for trading for other participants.
DAO & Governance
GMEE will allow holders to participate in decision-making about the platform features, games roadmap, supply of Game Land both in Arc8 and G-Bots. 
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GMEE token hoders will vote on the use of Treasury. The purpose of Treasury is to give DAO decision making power about  distribution of prize reward pools and Game Land-related yields.

Treasury is created from GMEE token revenue, generated from in-game purchases, NFT purchase and upgrades.

The treasury will be set side and not re-invested in the circulation prior to launching governance features.

GAMEE Treasury wallet:
0xbe678AA7c5d3662700e3B402163Bb2D884F39C6f
See details of utility in GAMEE platform, detailed by products.
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GMEE Token
Allocation & Release Schedule
Last modified 15d ago
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