🪙$LOV

IMPORTANT NOTE - $LOV will be the ecosystem token for Valeria Games after its TGE in Q4 2024. For season 1, it will be $VAL. Once $LOV TGEs, $VAL will be sunset, and no longer usable in our ecosystem. All $VAL tokens will be claimable 1:1 for $LOV upon TGE.

The following graphic depicts some of our investors and backers of the $LOV token. Animoca Brands will be serving as official token advisors for our launch. The rest of the details of $LOV are below.

Overview and Utiity

$LOV will need to be swapped to GEMS for in-game use. $LOV will be eligible to be swapped to GEMS on our website for a 50% discount, as opposed to buying GEMS in-game at the normal rate (after its TGE.)

$LOV is the currency that will be used within our marketplace to facilitate all transactions of in-game assets. The token will primarily be an ERC-20 token but will also be an omni-chain token meaning it can bridged to all of the L2s and side chains on Ethereum (primarily XAI). The token will not be acquired in-game through regular play.

Supply, Distribution and Emissions

$LOV's total supply will be fixed at 400,000,000 with the TGE slated for Q4 2024. The $LOV token is an in-game utility token across all Valeria titles and therefore has a Buy/Sell/Transfer Tax of 0%.

Community Airdrop TGE: 5% of $LOV is allocated to Genesis Lands on TGE (more details in land tab)

Land Staking Rewards: 30% of $LOV will be unlocked over the course of 12-24 months after $LOV TGEs in Q4. This will scale with the playerbase of our first game: Valeria: Land Before the War

Ecosystem Fund: 22.5% of $LOV will be for our P2A (play-to-airdrop) and ecosystem campaigns. 5% will be for our Shard Campaign launching in October and lasting for 30-40 days, leaving 17.5% left for our succeeding campaigns

Team: 15% of $LOV is for the core team. The team will have a 1-year cliff and a 2 year vesting period

CEX: 6% of $LOV is designated to CEXs for liquidity

Advisory and Market Making: 4% of $LOV will be for our token advisors and market making. 0.5% of the 4% will be unlocked on TGE, and 3.5% will be vested over 2 years

Investors: 16% of $LOV was used to raise more funds! This encompasses a seed round, KOL round, pre-seed round, and more. All of these categories will have a 6-month cliff and vesting for 2 years

Vesting Schedule and Unlocks

Token Sinks and Ecosystem Balancing

All sunk tokens will be redistributed to Landowners, beginning AFTER Lands have generated all of their allocated $LOV tokens.

Token Sinks ($VAL/$LOV):

• Merch Store purchases

• $VAL/$LOV to GEMS swap

• Marketplace Royalties (10%)

Ecosystem Balancing

Since before our Genesis Lands minted back in 2022, one of our core focuses has been balancing our ecosystem. We will be implementing $LOV into every endeavor of ours that we possibly can, including our upcoming online TCG, our merch store, as well as future games and products. In order to ensure that we don't over-inflate the supply of $LOV, we will be scaling emissions for our Genesis Lands with our player base. Additionally, we have given all of our investors a 6-month cliff after TGE, with vested unlocks over the course of 2 years. With a big enough playerbase, the token supply of $LOV could even become deflationary due to token sinks outpacing token emissions (visible in the chart above.)