Tokenomics

Why Develop a Token? To put it plain and simple we wanted to create a token so it’s easy for players to get value in or out of the game whenever they want to. In most games, all those hours you have spent, the blood sweat, and tears can’t be converted back into cash/crypto. We think it’s only fair to do things differently and enable you to cash out whenever you want. That’s why we created our token the Daba! How would this work? The Daba is basically the Dollar/Euro/Yen/Pound of the Galaxy. It’s used to pay for everything you want to purchase in-game. However, Dabas are only being created by playing games or fulfilling certain tasks there is no other way to obtain them. To play games and earn Dabas, you need to buy Arcade Tokens [our revenue model, we need to eat as well]. When you have the arcade tickets, you can start playing games, earn DaBas, and more. What can I do with Dabas? Dabas are the cash of the Galaxy, so if you want to buy something you’ll need it. The Galaxy is designed in such a way, there will always be demand for Dabas. Depending on your strategy you can make different choices where to spend it. Some would want to spend it on equipment to improve their gaming performance. Others are more into the Defi and will find ways to earn passive income which is possible in various ways. Or you choose to buy mystery boxes with a chance to win big prizes. The possibilities are endless and rewarding to those who spend their DaBas. How does the Daba Hold its value? As you could read Dabas are only being created when people play games or fulfill certain tasks. This would imply that the supply would increase with every game that is being played. And although this is partially true, we came up with a burn mechanism to protect the value of the DaBa. Burn Mechanism 1: 75% of paid Dabas will be burned! For everything that is purchased in-game: land plots, mystery boxes, equipment and boosters 75% of the paid Dabas will be burned. The remaining 25% will be used to keep the ecosystem running smoothly: 15% will be used to provide liquidity/staking and the other 10% will be locked up and put in reserve. We will NEVER sell DaBas on the open market for the benefit of the team. Next to that, we will monitor closely if we can bring the burning % up even further. In case the % to keep the ecosystem running smoothly can be set lower we will adjust.

Burn Mechanism 2: 7% royalty fee from trades will be burned. There will be an in-game marketplace where you can sell all your assets to other players for Dabas (or buy). We will hold a 7% royalty from every sale, which will be used for providing liquidity and burning. We will not sell Dabas. Burn Mechanism 3: 2% claiming fee for sending and receiving tokens to and from IGD - OCD We will take a 2% fee for sending and receiving IGD to OCD and OCD back to IGD. We will use this to burn the supply. Staking Rewards 1: Staking pools [Phase 2] Players can earn more Dabas by staking them in our staking pools both in-game and on-chain. This will reduce the circulating supply. Staking Reward 2: Staking for Assets [Phase 3] We are planning to integrate staking mechanisms for Dabas in the future. Making it possible to earn passive income or obtain resources that can only be obtained by staking Dabas for a certain period of time reducing the circulating supply. Liquidity The team will allocate X% of every Arcade Token sold for the liquidity pool to make sure people can trade their $dabas. In combination with all the other token mechanisms, we believe this will create a healthy ecosystem with enough liquidity to sustain. In summary The token is designed to hold its value by its extensive burning mechanism and staking initiatives this will allow you as a player to buy in or cash out whenever you like. We will do everything in our power to make sure its value remains!