Tokenomics

In order for TownVille to be a feat and successfully reward players, there needs to be a proper tokenomics in place. The tokenomics ensures tha holders are always rewarded and that it is community driven with marketing funds. $TOWN introduces blockchain technology in the lives of gamers in a seamless way.

Total Supply: 2 000 000 000 000 000 TOWN

1 500 000 000 000 000 TOWN will be burnt at launch. There will be a fair launch.

Team: 2.5% of all the $TOWN supplied will be held by the $TOWN team

CEX listing: 2.5% of the total $TOWN supplied will be held for CEX listing.

Redistribution: To reward all holders of $TOWN, 0.5% of all transactions will be redistributed to hodlers.

Staking rewards: 5% of the total supply will be reserved for staking rewards.

Marketing and Development: A 9% purchase tax on every buy transaction and a 12% sales tax on every sell transaction will be kept for marketing and development by the $TOWN team.

Charity Donation: A variable percentage of the transaction fees will be donated at regular intervals to charity. We are here to build a better place for the community.

Burn: 0.5% of every transaction will be burnt regularly to reward hodlers.

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