CCT = CryptoCademia Token
What is presented in this section is subject to change. Date: 17/06/24
CCT is a web3 utility currency based on the Polygon blockchain. Holding it provides unique benefits.
Advantages
The advantages are numerous and can be increased/modified over time based on user feedback.
The web2/web3 bridge
After the release of the CCT token, Cryptocademia users will be able to convert CCT to Eztia and Eztia to CCT. To do this, they simply need to have a wallet connected to their user profile. The CCT/Eztia ratio is not yet known. However, there will be a cap for converting Eztia to CCT, while converting CCT to Eztia will be very advantageous.
Liquidity provider
It is very important for a liquidity pool to have liquidity inside to ensure trading with the least possible slippage. To ensure this liquidity, a portion of the daily production of CCT will be used to reward those who stake in the pool. The allocation will be equal to that available for all staking formulas.
Staking pool
| Pool | Staking 1 | Staking 2 | Staking 3 | Staking 4 |
|---|---|---|---|---|
Staked Amount | 60$ | 100$ | 1000$ | 2000$ |
Grimoires per month | 1* | 1* | 2* | 3* |
Unlocking period | 3 days | 30 days | 30 days | 30 days |
Token rewards | N/A | 33% of alloc | 33% of alloc | 33% of alloc |
Marketplace fees | 2.5% (unchanged) | 2% | 1.5% | 1% |
Monthly Eztia claim in CCT | TBD | TBD | TBD | TBD |
Red TreasureKeys | 0 | 1 | 10 | 20 |
Combat cost reduction | 0% | 10% | 25% | 50% |
Season pass cost reduction | 0% | 10% | 20% | 30% |
* The rarity of distributed grimoires is random. Staking 1: Common mandatory. Staking 2: Minimum common, maximum legendary. Staking 3: Minimum rare, maximum legendary. Staking 4: Minimum epic, maximum legendary.
Tokenomics
As shown in the previous chart, here is the token distribution and its allocation:
5% Marketing: to support communication/marketing campaigns of the project.
Vesting: 12 months
25% Treasury: to pay teams if necessary with the token or service providers for occasional tasks.
Vesting: 48 months
10% Community: to finance rewards obtained in various activities.
Vesting: 48 months
22% Ecosystem: initial pool and rewards for staking and providing liquidity in the pool.
10% at TGE
Vesting: 48 months
2% Advisors: reserved for project advisors.
5% at TGE
Cliff: 6 months
Vesting: 24 months
15% Team: portion reserved for the project team.
Cliff: 10 months
Vesting: 48 months
5% Seed: token purchase price $0.002
10% at TGE
Cliff: 3 months
Vesting: 24 months
6% Private Sale: token purchase price $0.0025
8% at TGE
Cliff: 3 months
Vesting: 18 months
10% Public Sale: token purchase price $0.0035
30% at TGE
Vesting: 9 months
The token price at TGE is $0.004. After 48 months, there will be an annual inflation of 1% to ensure rewards for users, stakers, and liquidity providers.
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