Game Fund
The Game Fund is a pivotal element of the $BOATY project, representing a commitment to empowering the community in the development of their envisioned game. Here's an outline of how the Game Fund will be structured and utilized:
Allocation of the Game Fund - 30% Total:
The fund is designated to support the ongoing development and operations of the game, ensuring that it aligns with the community's vision and aspirations.
Distribution at Launch - 20%:
At the time of the project's launch, 20% of the Game Fund will be made available.
Half of this initial distribution (10%) is reserved for those on the whitelist, recognizing early and committed supporters of the project. Purchasers in the pre-sale will have their tokens locked until after the close of the public sale - May 10th a 4:20 P.M. EST. At that point all tokens will be claimable through the site purchased.
This portion will be available at $0.000096
The other half (10%) will be allocated for the public sale, ensuring a wider distribution and engagement with the broader community.
This portion will be available at $0.0001420. Purchasers in the public sale will have their tokens locked until after the close of the public sale - May 10th a 4:20 P.M. EST. At that point all tokens will be claimable through the site purchased.
Gradual Release of Funds - 10% Over Time:
The remaining 10% of the Game Fund will be released over time, based on milestones and goals established by the community.
This gradual release strategy ensures the fund is utilized effectively and aligns with the developmental progress of the game.
Community Governance - GG Collective:
The GG Collective, representing the community, will have voting power over this fund.
The collective's responsibilities include:
Voting to set standards for the game's development milestones.
Determining the flow of resources to various aspects of the game project.
Voting in a leadership or oversight role to guide the game's progress.
Ensuring the individual elected for the leadership role is accountable and managing the development in line with the community's vision.
The structure of the Game Fund emphasizes community-driven development. It fosters a democratic approach to decision-making, ensuring that those who are invested in the game have a direct impact on its creation and evolution. The fund's use, managed by the community's collective votes, is designed to maintain transparency, encourage participation, and ultimately create a game that truly belongs to the players and supporters.
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