$HXD Tokenomics [EN]
Honeyland is a fun-first, play and own casual strategy game from Hexagon Studios.
The Honeyland ecosystem of mobile games begins with Honeyland and will be followed by 8 more casual games with solo, PvP, and tournament play in 2023. All powered by a single deflationary token ($HXD), with Honeyland being the core token-emitting game.
Players of Honeyland build their colony of bees to send them out to harvest Honey ($HXD) or hunt in-game consumable NFTs like power-ups, defensive items, or even playable characters.
They can also risk their own $HXD to attack other players' hives in an intense auto-battler loop.
Our belief is that in order for web3 games to succeed, they need these three things:
1) Insanely fun to play
2) Ownership that creates value
3) Sustainable economy
Honeyland proudly holds the esteemed Verified By Machinations seal, the gold standard in healthy game economics that verifies we have created a balanced, sustainable and unexploitable economy.
Honey (HXD) Tokenomics
Max Supply: 1,000,000,000 HXD
Token Contract: 3dgCCb15HMQSA4Pn3Tfii5vRk7aRqTH95LJjxzsG2Mug
IDO: March 16, 2023
Player Rewards:
350,000,000 (35%) - Player Rewards - These will unlock with linear daily vesting for 36 months after IDO and can be claimed via gameplay. Additional player reward tokens will be made available through $HXD transactions and added to this allocation.
Team:
160,000,000 (16%) - Core Team - These are locked for 12 months after IDO and linear vesting for the next 18 months. This consists of the 4 founders who have been involved with Honeyland since its inception.
50,000,000 (5%) - Advisors - These are locked for 1 month after IDO and linear vesting for the next 18 months. Some advisor tokens will be reserved for future advisors. Any advisors joining after the IDO will have tokens locked for 3 months, followed by linear vesting for the next 21 months.
30,000,000 (3%) - Developers - These are locked for 3 months after IDO and linear vesting for the next 24 months.
10,000,000 (1%) - Artists - These are locked for 1 month after IDO and linear vesting for the next 18 months.
Public Sale:
20,000,000 (2%) - Public sale - 25% will be unlocked and sent to launchpads for distribution on IDO date. The remaining tokens will be unlocked over the first three months after IDO. A total of 13,557,369 $HXD tokens were sold at $0.035 through launchpads. The remaining 6,442,631 $HXD tokens were moved to the Hexagon Treasury on November 9, 2023.
Investors:
69,555,556 (7%) - Seed round - These are locked for 3 months after IDO and linear vesting for the next 15 months. This round was raised in Q1 2022.
36,678,571 (3.7%) - Private A round - These are locked for 1 month after IDO and linear vesting for the next 15 months. This round was raised in Q2 2022.
103,765,873 (10.4%) - Future Investors - Tokens for all investors in any future fundraising rounds will have a 6 month lockup period, followed by a minimum of 12 months vesting from the date of the investment funding.
Other:
20,000,000 (2%) - Marketing - 5% of these will unlock 1 week after IDO and then will have linear vesting for 12 months. These will be used for community rewards and incentives to help strengthen and grow the community and onboard players.
50,000,000 (5%) - Reserves - These are locked for 1 month after IDO and linear vesting for the next 12 months. These will be primarily used to allow Honeyland to offer tokens for partnerships and big opportunities post-launch of the game.
50,000,000 (5%) - Liquidity - 40% will unlock at IDO and linear vesting for the next 3 months.
50,000,000 (5%) - Treasury - 25% of these will unlock 1 week after IDO and linear vesting for 3 months after.
