Tokenomics
FITzOn has two types of tokens:
In-app token - $FIT
Community token - $FZN
$FIT token
Supply
$FIT circulation - 10,000,000,000.
The earning capital of the $FIT token is dependent upon the individual player.
Demand
$FIT is used/burnt in-app, towards, but not limited to, the following activities
to level up wearable attributes
wearable customizations
wearable personalization
dry clean services
revealing shopping bags
opening mystery boxes
buying consumables (Under Development)
$FIT is utilized for all major activities within the App.
$FZN Token
Supply
Limited to 5,000,000,000 tokens.
The player can only start earning $FZN once they reach Level 25.
Demand
$FZN is required to
buy wearables (under development)
level up (with $FIT at certain level thresholds)
buy customizations and personalizations (under development)
$FZN can also be used for staking purposes (under development).
FITzOn plans to launch different types of staking applications in the near future-
stake to earn
stake to RSVP for future drops
stake to access exclusive collaboration collections
Token emission
The token emission can be understood using the chart below, which projects the next 5 years of emissions.
~52% of $FZN tokens are allocated for the ecosystem and the in-app activities, which are gradually distributed over the time period of 5 years.
~14% allocated for the team, which will be gradually unlocked only after 3 years.
Earning both $FIT and $FZN tokens
(To be announced)
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