Rumble Kong League is set to introduce its utility token, FAME, on the Ronin blockchain on March 11. This transition from the Avalanche network marks a significant change in the game’s operational framework, aiming to enhance competition, culture, and community within the league.
Tokenomics of FAME
The FAME token has a total supply of 7 billion tokens, with a substantial portion allocated to community incentives. Specifically, half of the total supply will be dedicated to fostering community engagement and participation.
- 30% (2.1 billion tokens) reserved for a community airdrop, staking rewards, and holders of Rumble Kong League NFTs.
- 2% (140 million tokens) will be distributed to participants in the Season 1 “play-to-airdrop” campaign, accessible through the Rumble Kong League mobile game on both Android and iOS.
Open Ronin Strategy
In a broader effort to enhance its ecosystem, the Ronin gaming network has opened its platform to all developers. This initiative allows for the creation of new games, decentralized applications, and other projects, fostering innovation and expanding the network’s offerings.
The transition from a curated blockchain to an open platform is part of the “Open Ronin” strategy. This approach aims to attract developers and capitalize on the rising interest in blockchain gaming, providing opportunities for growth in this expanding market.
Community Engagement and Partnerships
Rumble Kong League has gained attention for its innovative gameplay and strategic partnerships with notable figures and brands in the sports industry. NBA stars such as Paul George and Stephen Curry have been associated with the project, highlighting its potential to connect traditional sports with the emerging world of blockchain gaming.
- Curry’s Penny Jar Capital has made a financial investment in the project.
- Partnerships with well-known brands like Gatorade and Stance enhance user experience and attract a wider audience.
Future Prospects
As the FAME token launch approaches, Rumble Kong League is poised to leverage its partnerships to boost community engagement and participation. The project aims to create a vibrant ecosystem appealing to both gamers and sports enthusiasts, with a strong focus on community incentives.
The successful launch of the FAME token could pave the way for further developments within the ecosystem. By allocating a substantial portion of the token supply to the community, the project fosters a sense of ownership and participation among its users, setting a precedent for future blockchain gaming projects.
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