Updated as of March 23rd, 2022.
The Oort ecosystem has only one token $OORT as the liquidity token.
OORT will act as the governance token, plus there will be many other utilities embedded and have a supply of 3 Billion.
$OORT will act as the governance + work token and provide the following utilities:
- Vote in the Oort DAO
- Buy or rent virtual land in the Oortverse
- Stake to breed new hero avatars
- Spend $OORT to access various features in the Oort DeFi App and RPG game.
- 3rd-Party games can use $OORT as a reward to incentivize hero players to play the 3rd-party games.
Oort Digital will have a fully self-sustaining, in-ecosystem economy by utilizing the following:
- Transaction Fees (a % of which will be used for buybacks and burns of $OORT)
- Sale/rental of NFTs (a % of which will be used to sweep Oort Heroes floor)
- Sale/rental of Virtual Lands (a % of which will be used for virtual land development)
- Sale of physical products (a % of which will be used for marketing, giveaways, etc.)
At the time of the TGE we will have the following Tokenomics:
All $OORT tokens will be released according to their distribution schedule.