$SB Coin Overview
$SB is a GameFi token that will be launched on
@Base.
It will have a total supply of 10 million, with ongoing burn mechanics in the game lowering the supply daily.
A 10% allocation (1 million
$SB) will be utilized for staking airdrops, along with selective airdrops to partner communities to broaden overall reach at launch.
$SB coin will launch with a $1,000 market cap, essentially starting the coin's journey at $0, allowing for true price discovery. We believe it’s important to release the coin at a low market cap, as the main focus should be on the overall game economy and not solely the price of the
$SB coin. This low market cap will also allow people to join and play our game at a low entry cost.
With the deflationary aspect of the coin and the in-game need for
$SB, we expect an organic rise in coin value over time, making your airdrop more valuable the longer it is held or utilized in the game.
Players of the game will also benefit from the 5% tax on buying and selling
$SB. Two percent of that tax will go directly back to players of the game in ETH rewards based on their in-game XP and the total trading volume of
$SB. 1% will go to the
$SB liquidity pool. The remaining 2% will be utilized to maintain the game and create a revenue stream for SmallBros to continue to grow as a business.
If you choose not to play the game, you will still benefit from
$SB as it rises in value. You will also benefit from future endeavors of the SmallBros business funded by the game.
Game Progress Update
We are making great strides in the development of our mobile game. We are almost done with all of the art and front-end UI. Once this part is completed, we will hand the game over to our backend developer to begin coding the mechanics. We do not have a set timeline for launch as we want to make sure we have the best product possible at launch.
Lastly, we greatly appreciate the continued support on this journey. Our number one priority is the SmallBros holders, and we will continue to do everything we can to make sure you are all taken care of. If there is anything you’d like to see from us in the interim before the game launch, please let us know.
Happy Wednesday 👊