Orbcity metaverse is the first official metaverse land project built on Klaytn and backed by Krust, Kakao’s blockchain subsidiary. Orbcity blends NFT Gaming and DeFi together to create an ecosystem where players can choose their paths of NFT collecting or farming.
I. Project Introduction
Orbcity expands your virtual world by creating an ecosystem where users can own a part of their favourite cities around the world and earn $ORB. The community is invited to govern the world of Orbcity from the very start, allowing players to submit the most creative ideas to replenish and develop their land.
II. Token Information
1) Basic Information
Token name: ORB
Total supply: 1,000,000,000
Tokens in Circulation: 25,252,000
2) Token Distribution and Token Release Schedule:
|Party||% of the total||Number of Tokens||Token Release Schedule|
|Investors||Seed||8.00%||80,000,000||18 months linear vesting (per block)|
|Private||9.50%||95,000,000||12 months linear vesting (per block)|
|Marketing||6.00%||60,000,000||2 years linear vesting|
|LP incentive||4.00%||40,000,000||2 years linear vesting|
|Play 2 Earn||44.00%||440,000,000||Halving rewards every year, distributed evenly|
|Ecosystem||7.00%||70,000,000||1 year lock up, 2 years vesting|
|Team||18.00%||180,000,000||1 year lock up, 4 years vesting|
|Liquidity||1.00%||10,000,000||50% at TGE, 6 months lock|
|Dev Fund||1.50%||15,000,000||1year Quaterly Vesting|
III. Related Links
Official Website: https://klaycity.com
Blockchain explorer Links: https://scope.klaytn.com/account/0x01ad62e0ff6dcaa72889fca155c7036c78ca1783?tabId=contractCode
Whitepaper Link: https://sns-sns.gitbook.io/klaycity/
Discord chat: https://discord.gg/2xSc8kQe
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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