$OXOA Token

OXOA is the designated token for the OXOA blockchain. Its functionality aligns with the conventional utility of tokens on mainstream L1s and L2s, and OXOA is completely transferable.

Use cases

OXOA has various use cases, including functioning as the gas fee token on the OXOA Network L3. Additionally, it plays a crucial role as the primary currency in the gaming ecosystem, facilitating payments for both games and in-game items. Furthermore, OXOA can be exchanged for isOXOA.

Allocation

• Node operators and community members will receive the largest allocation, constituting 50 % of the total supply.

• The core team and early contributors have been assigned 18% of the total supply, with a gradual unlocking process starting six months after the TGE and spanning 36 months in total.

• Investors, who purchased 15% of the total supply in early rounds, will experience a similar unlocking process beginning six months after the TGE and extending over 24 months, totaling 30 months.

• The ecosystem has earmarked 9.5% for market makers, unlocking immediately at TGE, and 5.5% for general ecosystem purposes, unlocking over a 36-month period, starting six months post-TGE and totaling 42 months.

Fundraising

OXOA Network raises funds through 3 rounds: Seed Round, Private Round, and Public Round. The information about Public Round will be updated soon.