Tokens
$RBG TOKEN Overview
To effectively implement the "Play proof" system we introduced the $RBG token. This token serves as a transparent global balance, integral to the Robogolem Club experience. The "Proof of Play Global Balance" starts with an initial balance of 350,000,000, from which rewards are calculated at an initial rate of 1% annually and distributed daily.
For instance, 1% of 350,000,000 equals 3,500,000, which means 9,589.04 daily $RBG rewards. The balance of $RBG grows through blockchain fees from Robogolem Platform usage and treasury deposits. When a deposit is made to the treasury wallet, 10% is redirected to "Proof of Play", converting the asset to $RBG.
The design of the "Play proof Global Balance" ensures that as the Robogolem Club membership grows, so does the circulation of $RBG tokens. The daily "Proof of Play" rewards are approximately 9,589 $RBG or 3.5 million $RBG annually, limiting any inflationary impact on the Robogolem Ecosystem to 0.3% in the first year.
$RBG also grows from treasury replenishments and transaction costs.
$ROCK TOKEN Overview
To effectively monitor and capitalize on "Play proof", Robogolem introduced an exclusive sub-token named $ROCK. The more $ROCK a player possesses, the more "Proof of Play" rewards they earn.
$ROCK can't be sold or traded; it can only be earned. It serves as a metric within the Robogolem Platform, primarily tabulating a user's current $ROCK wallet value. Two factors determine a user's daily "Play proof" distribution: total $ROCK held and the change in $ROCK over the past 24 hours.
Users can earn $ROCK through various means:
Referring new Robogolem Club members.
Logging playtime in any game within the Robogolem Ecosystem.
Participating in voting events.
Registering as a developer and submitting games for funding.
Funding projects.
Engaging in esports events.
Completing Master Classes.
Accessing Robogolem Platform games.
Each user's $ROCK wallet will display a detailed breakdown of their earned $ROCK and the associated activities. The allocation algorithm considers:
Daily allocations to users via $RGB minting.
Initial calculations as 1% of the $RGB balance divided by 365 days.
Weighted allocation with 70% based on $ROCK earned in the last 24 hours and 30% on the total $ROCK held.
Last updated