CeloLaunch Labs Project Appraisal Rounds and Investment in Stickman’s Battleground
CeloLaunch Labs is pleased to announce that they have completed the project appraisal rounds and invested in Stickman’s Battleground.
Project Overview
Anti-inflation Stickman’s Battleground is a Real-time Multiplayer Survival NFT Game inspired by Stickman and PlayerUnknown’s Battlegrounds, Stickman’s Battleground prioritizes gamer experience by offering stunning design, engaging game flow combined with attractive crypto rewards. Beyond conventional P2E, Stickman’s Battleground is here to bring differentiated value to both the gaming community and crypto enthusiasts.
7. Token Economy
$STMAN will be used as a governance token in Stickman’s Battleground.
STMAN Utilities:
- Payment
$STMAN tokens are used as a payment method on Stickman’s Battleground.
- Staking/ Earning
Players are allowed to put $STMAN tokens in their wallet or someone else’s wallet for a specific period to get rewards from Stickman’s Battleground. This is aimed to create monetary incentives for the most dedicated and motivated players. Our staking mechanism takes place on BSC by several community validators and delegates. Validators take turns creating blocks and powering the BC network by processing transactions and signing blocks. In return, they earn rewards in $STMAN tokens. Through staking, delegators can choose their preferred validator and help them achieve the minimum stake required by the protocol. In effect, the authorizers are pooling their $STMAN tokens in their preferred validator.
- Yield Farming
Users can invest their token in DeFi market and get a high return on their investment.
- Syncing
Users can use $STMAN as a native token for other $STMAN models in Stickman’s Battleground’s ecosystem.
Benefits for Token Holders:
- Staking: Stickman’s Battleground reserves a portion of tokens to award the top contributors on the platform: the most extended $STMAN holders or the biggest token holders.
- Governance: Long-term stakeholders will have the right to vote and influence future Stickman’s Battleground changes.
- Honors: Long-term stakeholders will be invited as judges or sponsors of Stickman’s Battleground programs and exhibitions in the future. In addition to these benefits, every quarter, Stickman’s Battleground analyzes the users’ behaviour they collected during the run of Stickman’s Battleground and come up with new features and advantages following the users’ needs.
Token Distribution
- Token Name: Stickman
- Ticker: $STMAN
- Total Supply: 230,010,000
- Initial Market Cap: $151,276
About CeloLaunch Labs
CeloLaunch Labs – Venture Capital of CeloLaunch, identifies, aims, and empowers viably potential decentralized entrepreneurs, startups, and communities, providing financing to industry projects that help grow the project larger in Celo and other ecosystem.
About CeloLaunch
CeloLaunch provides a constantly expanding set of decentralized services by offering revolutionary, flexible technology to add value to the DeFi industry as a whole, in CELO Network specifically. Startups may boost their initiative and reward communities by utilizing their services.
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