Introducing $AXV token: A Utility token to power the Apexaverse ecosystem (Updated)

Apexaverse
4 min readApr 18, 2022
Tokenomics Overview

We pledged to make our users’ and players’ experience convenient and friendly, the Apexaverse team has meticulously crafted $AXV, to be the utility token of our platform, ensuring it has a robust tokenomics structure and serves as the multi-purpose tool for many operations in the platform.

$AXV is the utility token for the Apexaverse ecosystem. They give it the fuel to survive and thrive.

All our products — from our P2E Metaverse game to our exciting future products — will be based on $AXV tokens.

Let’s take a look at some of the functional and economic mechanisms that will drive the $AXV token to be relevant to the market.

Technical Data

The Apexaverse Token ($AXV) is fully registered under the Cardano ecosystem. This means that the token follows the common technical standard, making it trustworthy and secure. You will be able to trade $AXV on different exchanges when listed on CEX and DEX.

$AXV will be used as the medium of exchange within the metaverse. It will be used to buy, sell, bet, stake, trade, and modify in-game assets. In addition, $AXV will be used as points of entry for various areas of the metaverse, for accessing areas and quests, for any in-game item, and to level up. It is a digital currency for the virtual world.

Token Use Case

$AXV token holders are part of the Apexaverse community, which comes with several advantages. The token’s utility will evolve with the ecosystem; it will become ever more useful and valuable. Each new product (Launchpad, Staking Platforms, …etc.) will bring new benefits for our holders.

$AXV is mainly an in-game currency and can be utilized in many ways:

Internal game currency
$AXV will be used as the medium of exchange within the metaverse. It will be used to buy, sell, trade, and modify in-game assets. In addition, $AXV will be used as points of entry for various areas of the metaverse, for accessing areas and quests, for any in-game item, and to level up. It is a digital currency for the virtual world.

Early-access rewards
As Apexaverse’s early adopters, players will receive unique and limited edition NFT merchandise. Its value is projected to grow over time due to a limited amount and as the game becomes increasingly popular.

Token staking
Individuals will be able to stake $AXV to provide liquidity and earn rewards for it.

Governance
In line with our vision of a world of decentralized governance, finance, and investing, Apexaverse allows $AXV holders to vote on whether to accept a project onto the launchpad or not.

Each Apexaverse community member will be able to contribute to the game’s growth direction by voting for or against upcoming gameplay developments, who will be listed on our launchpad, and choosing which mini-games that will be developed first, which decides the past and future of our massive online P2E 3D world. Those who hold more tokens can have a greater impact on voting.

$AXV holders are not only investors, they are part of an impact-driven community.

Tokenomics

AXV Tokenomics

Key metrics
Token Name: Apexaverse

Ticker: AXV

Blockchain: Cardano (ADA)

Contract: asset1x0fngtdd6zp48nhpg4rc08j4e7mcgmgfwsqrxc

Policy: bfe8c533adabcb6fbc75da0c9fd9777c81f4706b02af69ce6aea880d

Token type: Utility

Total Supply: 10.000.000.000

Token Distribution

Seed Sale: 10% …………. (3 Months Cliff, 18 months Linear vest) Private

Sale (Round 1): 6% ……. (4% unlocked at TGE, 12 Months Linear vest)

Private Sale (Round 2): 5% ………………… (6% TGE, 12-month linear vest)

Ecosystem: 15% ……. (5-year linear cliff)

Team: 5% ……… (2 years lock, 18-month linear vest)

Marketing/Partnership: 20%

Liquidity and Listing: 20%

In-Game Reward & Platform Staking: 15%

Advisors: 4% ………. (2-month cliff, 24-month linear vest)

How to own a $AXV token

You can acquire $AXV token during our seed sales and private sales rounds. 2.100.000.000 AXV will be sold in exchange for ADAs during these sale rounds.

The dates and conditions of the sale will be announced very shortly! Stay tuned!

Signup on our WAITLIST to be able to get notified when our sale starts.

Join our community for updates:

Website | Twitter | Telegram | Instagram | YouTube

--

--

Apexaverse

Apexaverse is a P2E game, sits at the intersection of the #Metaverse, Web 3.0 and NFTs, creating a diverse and dynamic ecosystem — https://apexaverse.com