Tokenomics
$WILD, $WEST, & $POSSE
Posse Studios is launching a multi-token system with three unique tokens: $WILD, $WEST, and $POSSE. Each token has its own utilities within the ecosystem, contributing to gameplay, governance, and ecosystem sustainability:
$WILD: This is a public, community-governed token managed by our Decentralized Autonomous Organization (DAO). $WILD serves as a governance and utility token for the gaming ecosystem and future developments. It can be used to mint NFTs, purchase gaming ecosystem assets, and stake on the DEX for rewards. It is a super stable coin and perfect for mid-long term investors. It weight in the $WILD $WEST DAO Governance is 50%.
$WEST: The $WEST token acts as the broader ecosystemโs reward and utility token and supports the overall economy. Players can earn $WEST through various initiatives, staking, NFT marketplace interactions, and participating in various reward events. Its weight in the $WILD $WEST DAO is 50%.
$POSSE: Dedicated solely to in-game transactions, $POSSE is used for activities like saloon gambling, dueling, competitive gameplay, and trading items. It is non-tradable outside the game but is essential for enhancing the player experience within the Posse environment. It is earned through the staking of genesis NFTโs and through in game rewards and transactions.
Multi-Token System
Our multi-token structure minimizes the impact of secondary markets on the game economy, enhances stability, and allows for self-adjustment by integrating multiple resources. Hereโs how each token functions within the ecosystem:
$WILD: This governance and utility token is available for use across all Posse environments. Once minting is live on our website, users can mint NFTs and purchase game and ecosystem assets with $WILD. It is also available to cryptocurrency investors, allowing the community to vote on project decisions.
$POSSE: As an in-game currency, $POSSE is earned and used exclusively within the game. Players can gamble in saloons, duel other members, play mini-games, access competitive modes, and trade items. This token ensures that in-game transactions remain stable and unaffected by market fluctuations.
$WEST: Serving as a primary reward mechanism, $WEST can only be acquired through gameplay or passively earned through staking. Additionally, it integrates a perpetual deflationary mechanism, wherein trading fees support buybacks and burns, reducing supply over time.
Disclaimer: $WILD and $WEST tokens are NOT securities, investment contracts, or binding agreements, and thus they should not be looked at or treated as such.
They are decentralized governance and utility tokens used for the Posse Limited ecosystem and made available to the public for those who want to participate in our ecosystems' governance, stability, and offered utilities.
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