âšī¸$QORBI Tokenomics
Last updated
Last updated
Introduction to the QORBI Token, A true video game Utility token. QORBI is a token used within the Qorbi World games.
QORBI will be unlocked in a pre-determined schedule which lasts for 60 months from the initial Qorb sale. The below chart illustrates the maximum possible issuance of QORBI over the coming years, and the total supply will never exceed 500,000,000. The chart below is not final and subject to change based on listing needs.
Player Rewards
250,000,000
50%
Tokens used for earning through in-game activities.
Community / Marketing
100,000,000
20%
Tokens to be used for marketing and community activities.
Ecosystem / Treasury
100,000,000
22%
Reserve to provide liquidity and perform other game needs.
Pre Sale
25,000,000
8%
15% at TGE and 3M Cliff and then linier over 6M
Unlock Achievements â Unlock achievements to perform tasks in the game to get access to items in the game that will increase your chances of winning, earning, or just look cooler.
Discount on Qorbi World in-game items â Special discounts will be available only to QORBI holders.
Earning rewards - through the Qorbi World skill-to-earn model for the Qorb Holders can earn Qorbi World Rewards
Skin Bundles - the skins bundles are branded skins that can be traded for rare pets.
Unlock Early Access - Unlock early access to new content, or new sale items such as pets, skins, mystery boxes.
The core utility of the $QORBI token is earning and unlocking rare items, Owners and token-holders support for the Qorbi World games by pledging their $Qorbi Tokens in the games for a chance to get more rewards.
There is a secondary function for Owners to Pledge their Qorb to play in one of the Qorbi World games, for this there are direct rewards allocated to earning extra rewards in between matches.
You can also participate in community events such as;
Competing and winning matches
Winning tournaments
Game nights
The Skill-To-Earn allocation can be seen as a marketing budget for the Qorbi World . When certain game modes and products are ready to be promoted, its Skill Based Earning allocation could be increased. These allocations are something that could potentially be decided by governance over time.
The QORBI earned through the Skill Based Earning allocation will initially be open for trading immediately, but the Qorbi World team will monitor the situation closely to decide if a lock-up on rewards is needed.
In traditional esports the amateur, professional, and semi-professional players all compete in a game that they support through online, competitive in tournaments, and posting their stats from the in-game leaderboard e.g. social media. For those lucky players who are competing at the highest level, they can win tournaments or be paid by an organization, but the remaining players even those who are the best get no monetary benefits to their dedication to the game, but there are benefits to the publisher of the game, which is referred as Esports Capital.
Qorbi World is deploying a new model to esports where the Owners of the Qorb have full control of who earns in the games. In this model, players can choose to play with Qorb assets and earn daily on their gameplay.
A universally used Qorb lending system will be deployed. In the lending system Owners can work with Gamers to earn in the game. Game rewards can be shared or split between the two parties.
We believe that a Skill Based Earning economy and a governance token can allow the Esports players and fans to participate in the growth opportunities of the industries outside of the influence of centralized platforms.
Game rewards consist of $QORBI:
Generated from the token supply and the Qorb position in the games ranking system.
Pledging your Qorb in the game, for playing or lending
Using your QORX Pass to access the seasonal rewards, by locking your in game items for use in game only.
