We are growing on Social-Media and observe a rising interest and attention for our project.
It’s probably one of the most anticipated launches for June 2021.
Let us start with a recap: A couple of days ago, we have introduced our short- and longterm vision of the project. Thereby, we introduced a concrete and step-by-step roadmap that functions as a guide for all readers.
Having this said, we’re on time and everything works as planned. So far, we have released our promo-video, explained our vision and the token use case of $DOODLE. In addition, we’ve introduced the first character of the game.
Oh, and of course we have launched our website.
With a rise of interest and higher exposure to our users, we have been facing one question.
$DOODLE will launch on Uniswap
Now you’ve been all asking and wondering how the tokenomics looks like and what kind of launch it will be?
First of all, let’s record that we will be launching on Uniswap. We have made that decision since we believe that Uniswap and ERC20-tokens are meant to last longer. We’ve designed this project to be sustainable.
However, if there will be a rising demand for a launch of Binance Smart Chain, we may create a BEP20 token.
Tokenomics in detail: One token to play them all.
Let’s focus now on the tokenomics and corresponding questions regarding the initial supply, price, token distribution, ticker symbol and so on.
Taking a look at the above standing graphic, we can break down the components to the following parts:
- Ticker Symbol: $DOODLE
- Initial Supply: 1,000,000,000,000
- Presale: 200,000,000,000
- Listing: 400,000,000,000
- Rewards: 400,000,000,000
We will be listing our token with the ticker symbol $DOODLE. There will be an initial supply of 1 trillion token. They are distributed as follows:
20% to presale, 40% to listing and 40% for the rewards.
Presale: How many spots will be available?
We will be raising 12.5 ETH in total. Therefore, we distribute 200,000,000,000 $DOODLE tokens. In total, we will have 50 presale spots that equals 0.25 ETH per spot.
Reasonably, we wanted to lower the burdens for presale participation and therefore create the possibility to let people participate as easily as possible.
Furthermore, we’ve decided to keep the spots rather low in order to avoid a whale-game.
Last, we use the presale for liquidity. Thus, there will be approximately an initial liquidity of 70,000$ at current ETH price.
Now, there is one aspect left. What will be the presale and listing price?
The presale price can be calculated as follows:
0.25 ETH per spot equal 400,000,000 token. Therefore, 1 $DOODLE will be amount to 0.000000000625 ETH at the beginning.
As we’ve previously mentioned, Doodle is designed to be sustainable. We have built this project as we believe in the power of the game. Without a doubt, we know that this project has an enormous financial potential. This is in particular valid for the early investors.
Nevertheless, we’ve decided to set the presale price at 2x of the listing price.
In order to avoid dumping at the presale and therefore allow a smooth, successful and green-candle start, we will set the initial listing price to half of what people paid in presale. This measure will heavily reduce a potential selling pressure.
There will be a form to apply for the presale. The form will be made public within the next days and investors will have sufficient time to make their application.
Last, we will use antibot measures for the first minutes of the launch. This will prevent bots to execute large buys and therefore prevent whale building. Additionally, it allows a fair distribution of our token to everyone who is interested in the project.
DOODLE and transaction fees: Liquidity, Redistribution and Airdrops
Now what happens once the project has launched and we’ve been all enjoying the bright light of satisfying huge green candles?
Here are the answers. For each transaction we will conduct a 3% fee:
- 1% Liquidity
- 1% Redistribution
- 1% Airdrop/Lottery
In order to accelerate liquidity building and therefore allow the entrance of high-volume buyers, we implemented a 1% liquidity fee. In addition, we’ve set the redistribution to 1% in order to create an incentive for holders.
Last, we should talk about the 1% airdrop fee that will benefit you.
As we’ve been explaining in our article about the token use case, there will be a regular airdrop event for the doodle gamers. While we have set up the reward-wallet for high-potential gamers ranking in the global top ten, we’ve set up the airdrop and lottery wallet for all people enjoying the game.
In particular, this means that we will be picking at the end of each week winners who will get rewarded with what has been accumulated during the week in this wallet. Simple math, if there has been a trading volume of $1,000,000 within one week, there is an equivalent of $10,000 in the wallet. If we had a trading volume of $5,000,000, there is an equivalent of $50,000 in the wallet.
To make things more fun, we want to integrate you as the community in the decision making process. This means, that we will dynamically adjust the number of recipients each week.
Now, let’s come to the part creating buying pressure. In order to be eligible for the airdrop, you will need to hold at least an equivalent of $1000 in Doodle token. And of course, you will need to have played our game. As prices will be volatile, we’ve decided to peg the amount to a dollar-equivalent instead of using a fix amount of Doodle.
Summary: Doodle Pumponomics and Presale
In this article, we’ve been guiding you through our tokenomics and explained the central aspects of the presale.
While there will be a presale, we will use 100% of the collected ETH for liquidity. This should guarantee a smooth launching experience. In order to strengthen buy pressure and lower potential selling pressure, the presale price will be 100% above listing price. Accompanied with antibot measures, we are strongly convinced that our listing will be insane!
By the use of sophisticated reward and airdrop mechanisms we can attract large amounts of gamers and buyers. Combining the need of a minimum holding with the expectation of a huge reward on the other side, we have created a strong balance between incentives and buy pressure.
Let’s end this article with a compulsory shill for our social media accounts:
- Website: doodlegame.io
- Telegram: https://t.me/Doodle_Game
- Twitter: https://twitter.com/d00dle_game
- Reddit: https://www.reddit.com/r/Doodle_Game/
