
What is CryptoGaming coin?
You may have heard the famous quote from Albert Einstein: “Compound interest is the 8th wonder of the world. He who understands it, earns it… he who doesn’t, pays it.” With backgrounds in actuarial science, economics and computer science we understand this “power” that can provide exponential growth.
What is CGG? The CGG coin is a crypto-coin on the Hive blockchain. The idea of CGG coin stemmed from our passion for crypto and over 25 years experience successfully investing into private equity companies in traditional finance.
What is the purpose of CGG? The purpose of CGG is to invest its funds into GameFI projects, mainly on the HIVE blockchain to increase guilds bitcoin treasury. GameFI is just a segment within the decentralized finance (DEFI) ecosystem that combines gaming and blockchain technology. The tokens earned will be partly reinvested and partly turned into bitcoin. This allows us to grow the payouts and increase bitcoin holdings. The token can be purchased directly from hive-engine.
Investment thesis / Differentiation Smart, consistent investments are the key to growth of the project. We aim to be extremely transparent with operations and handling of funds. CGG plans to release financial updates regularly so you will know what’s being invested in and the performance of these investments.
Initial funds from market sales will be invested into the Hive ecosystem of GameFI projects. These funds will be put to work in Liquidity Pools (LP’s), Token Staking, Node Licenses, NFT’s, NFT rentals and partnerships that have a high likelihood for success.
Our goal is to continually increases the guilds bitcoin holdings. we plan to achieve this by becoming a high-growth and very diversified project.
Tokenomics The maximum total supply of CGG tokens will never exceed 10,000,000.
The initial mint will be 1,000,000 tokens distributed as follows:
Source | Tokens | % of Total | Release Schedule |
Market Sales (hive-engine/tribaldex) | 500,000 | 50% | Purchased over 36 months |
Team | 90,000 | 9.00% | Distributed over 36 months |
Partners / Advisors | 10,000 | 1.00% | Distributed over 36 months |
Staking / LP / Rewards / DAO | 400,000 | 40.00% | Issued over 36 months |
Total Amount | 1,000,000 | 100% |
The primary goal of the token is to increase guild bitcoin holdings, reward the loyal holders that have invested and to grow payouts over time. The assets will be jointly owned by all token holders.
We plan to sale 20,000 of the initial mint of tokens on the market starting at 1 swap.hive.
9% of tokens are reserved for the owners of the project which will be distributed evenly over 36 months.
1% of tokens are reserved for special partners who will work with the Team to help with marketing/advertising/IT.
40% of the tokens are reserved for LP’s and/or Staking rewards or other types of future rewards deemed essential. We plan for staking rewards to be paid out over 36 months with majority delivered first year. The staking rewards will start sometime within the first three months from launch.
Staking Rewards Staking rewards are targeted to start one month after initial sales launch. The rewards are given in additional CGG tokens. Your CGG tokens will need to be staked to earn staking rewards. The unstaking of CGG tokens will require 1 week to unstake.
Launch Once the token launches, funds will be collected and started to deploy into projects. The plan is to start payout of rewards 21 days after launch date. Rewards will be daily. There will be a tranche discount starting on launch day with the largest discount during the pre-sale period with each additional tranche increasing in price. Future tranches and staking rewards will be decided during 5th tranche of sale and top holders will be able to help with decision making. We will never sell tokens cheaper than a previous tranche to protect the value of our coin.
Tranche | Tokens | % of Total | Cost |
Pre-sale / 1st Tranche | <20,000 | 4% | 1.00 Swap.Hive |
2nd Tranche | 20,001 < 50,000 | 6% | 1.25 Swap.Hive |
3rd Tranche | 50,001 < 120,000 | 14% | 1.50 Swap.Hive |
4th Tranche | 120,001 < 250,000 | 26% | 1.75 Swap.Hive |
5th Tranche | 250,001 < 500,000 | 50% | 2.00 Swap.Hive |