📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
The tokenomics has been released, which means the countdown has already begun.
Its token mechanism adopts a dual-coin system:
- $TIME This is like the coin in blockchain games, you can earn it by mining (running nodes, idling), 100 million tokens every epoch.
- $Bless is the project's native coin, which will be launched on the exchange. Users can obtain governance rights through staking, and the Token can be exchanged for $TIME "coin" at a certain ratio, similar to the main coin of chain games.
The two tokens complement each other, and users earn $TIME coins by completing tasks. After an epoch ends, they can immediately convert TIME into $BLESS.
The main coin has consumption, and using the computing power of bless requires payment of $USDT. 90% of this money will be regularly used to buy back and destroy $BLESS, while the remaining 10% will enter the national treasury for long-term development.
This mechanism has a very good economic cycle:
"More usage → More income → More buybacks → Less BLESS circulation"
🧣Specific supply and distribution
$Bless: 10 billion
$Time: 100 million per epoch
🧣The specific allocation is as follows:
Investors 17.5%
Team 15.0%
Consultant 3.0%
Ecosystem and Foundation 19.5%
Airdrop 10.0%
Community Incentives 35.0%
Maybe we will get a surprise within the month!