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1. What is Tribal Island? Tribal Island is a web3 game based on Tokenomics 2.0 that revolves around islands and tribes. It offers various gameplay features such as building units, resource gathering, monster breeding, PVE/PVP, fruit cultivation, trading, tribal wars, and more. The game aims to create sustainable Web3 metaverse experiences.
2. What is TIC Token? TIC tokens are the native tokens of the Tribal Island game. The total supply is 10 billion tokens, which will gradually decrease to 100 million through gameplay actions such as building, redeeming props, and upgrading. TIC tokens are primarily used for game-related activities such as building and upgrading, prop exchange, purchasing goods, and earning in-game rewards. The distribution of TIC tokens includes 5% pre-mining, 10% incentives, and 85% play-to-earn.
3. Who is the founder of Tribal Island? Tribal Island is developed by Germany BTI Blockchain Tribal Island GmbH.
4. What Makes Tribal Island Different? Tribal Island stands out from other web3 games in two main ways. Firstly, it utilizes the "Double" concept instead of IDO/IGO for project initiation. "Double" signifies that players will receive double or more value for their participation. The Double process is executed through a contract deployed on the BSC chain. Secondly, Tribal Island adopts a double token model but incorporates real economy principles to create a sustainable crypto-economic system by balancing inflation and deflation.
5. How many Tribal Island game tokens (TIC) are in circulation? TIC tokens have a minting cap of 10 billion. Of this, 5% is pre-mined into the Swap Liquidity pool, 85% is produced in the game, and 10% is passively generated as scholarships. TIC tokens are not involved in any fundraising, and the team does not hold any share apart from the initial 5% in the Swap liquidity pool. The remaining 95% of TIC tokens are minted through in-game actions by Tribal Island players. As of now, the total number of TIC tokens in circulation is 520,156,902, and they are listed on PancakeSwap since June 14.
6. How is the Tribal Island network protected? The Tribal Island Game Token (TIC) operates as a BEP-20 token on the BSCsmartchain, which ensures its security through the BSC consensus mechanism.
7. Where can I buy TIC? TIC tokens can be purchased on PancakeSwap, as they went live on the platform on June 14.
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