Token Distribution
Last updated
Last updated
EBC, as the project token of "Epic Ballad: Rise of Heroes", has an initial total issue of 1,370,000,000 tokens, with no hard cap on issuance. The initial distribution of the token is as follows:
| Contract Name | Proportion | Quantity |
|---|---|---|
EBC is initially minted on the Polygon network. Depending on the development of the project, it will later be launched on other blockchain networks such as Solana, Ton, Tron, and OP, creating a multi-network circulation channel.
The initial total amount of the Community Contribution Pool is 548,000,000 EBC. Contract address: 0x0ACD2d3EEaF16AefC3F3F7dad4F6CaC395F063b4.
Since the test version of "Epic Ballad: Rise Of Heroes" started, from being unknown to now accumulating a huge user base. With the increase in game players, the usage of EBC in the game has also been continuously increasing. The development of the entire community would not have been possible without the contributions of the users of "Epic Ballad: Rise Of Heroes". The Community Contribution Pool is mainly used to reward the players in the community. The types of these rewards usually include:
Holding NFT heroes.
In-game PVE, PVP content.
Promotions.
Airdrops.
In order to allow more players to experience the game at a lower cost, we are currently using most of the EBC in the Community Contribution Pool to reward players who hold NFT heroes. Some people do it for investment purposes, while some players do it to acquire more EBC to buy in-game items to enhance their gaming experience. However, the method of producing EBC by holding NFT heroes will gradually be replaced by other methods.
In the future, we will introduce a staking system and a burning mechanism. Because EBC is currently only circulating within the game and due to the stage of the project, we use holding NFT heroes to obtain EBC to greatly promote the adoption rate of EBC among players. After EBC is listed on exchanges and enters the secondary market, we will also need to pay attention to the liquidity changes of EBC. At that time, staking and burning can reduce the liquidity of EBC, thereby promoting the value increase of EBC.
Nexgen Entertainment Inc is a subsidiary of Nexgen Game Inc, operating as an independent division specifically for the operation of "Epic Ballad: Rise Of Heroes". They hold 109,600,000 EBC. Contract address: 0xA0a326a3b0A0Ea5b63178e16A6caf02361DDCCB0.
For the long-term value of the project, the EBC held by Nexgen Entertainment Inc will be locked in a smart contract for three years, gradually released annually. The locking code logic can be viewed in the smart contract. In the first year after the launch of EBC on the mainnet, up to 2% can be unlocked. Then 3% each year, unlocking all shares over three years. If additional EBC is issued later, and Nexgen Entertainment Inc receives a share, the first unlocking of the new shares will be after three years.
Contract Code
Nexgen Game Inc is the creator of the "Epic Ballad: Rise Of Heroes" project, responsible for the development, design, and investment. The shareholders of Nexgen Game Inc collectively hold an initial total of 274,000,000 EBC. Contract address: 0xBB2141bbA65F26EC88A357dda5E8Fa52a36Ce029.
As the parent company, the shareholders' meeting of Nexgen Game Inc has voted to commit to holding EBC for at least five years. The EBC they hold will be locked in a smart contract for five years. No shares will be unlocked in the first two years after the launch of EBC on the mainnet. Starting from the third year, 5% can be unlocked each year until all shares are unlocked in the sixth year. The locking code logic can be viewed in the smart contract.
Contract Code
The total amount of the Development Fund Pool is 342,500,000 EBC Contract address: 0x485b25Ad8d824039144a9537537751dbb7aAaB20.
The EBC in the Development Fund Pool will be used for IEO and IDO. Funds raised after listing on exchanges will be used for the development of the "Epic Ballad" series of projects. The community will strategically promote the listing of EBC on centralized CEX and DEX exchanges.
The initial total amount of the Strategic Partner Pool is 95,900,000 EBC. Contract address: 0x1AC81C222d0501e42Dcf691bcDcA2D1a058C57D3.
The value of EBC cannot be propelled without more quality partners. The community will engage in strategic partnerships with more business groups to jointly promote the growth and development of the project. The Strategic Partner Pool is used to reward them for their significant contributions.
For the long-term value of the project, strategic partners also need to firmly believe in the future development of the community. Therefore, the EBC held by the Strategic Partner Pool will be locked in a smart contract for three years, gradually released annually. In the first year after the launch of EBC on the mainnet, up to 2% can be unlocked. 4% can be unlocked in the second year. The remaining shares are unlocked in the third year.
Contract Code
To be updated...
Half a year after EBC enters the secondary market, the community will decide on the quantity of the first additional issuance of EBC based on the growth in player numbers, the game's revenue, the adoption of EBC, and the price and trading volume of EBC after listing. The more these metrics grow, the more EBC will be issued.
The cap for the first issuance is 5 billion EBC. The cap for the second issuance is 30% of the first, which is 1.5 billion EBC.
Subsequent issuances will be gradually reduced until each issuance cap decreases to 10 million EBC, after which the issuance cap will no longer decrease.
| Unlock Time | Proportion | Unlock Quantity |
|---|---|---|
| Unlock Time | Proportion | Unlock Quantity |
|---|---|---|
| Unlock Time | Proportion | Unlock Quantity |
|---|---|---|
First year
2%
27,400,000 EBC
Second year
3%
41,100,000 EBC
Third year
3%
41,100,000 EBC
Total
8%
109,600,000 EBC
First year
0
0 EBC
Second year
0
0 EBC
Third year
5%
68,500,000 EBC
Fourth year
5%
68,500,000 EBC
Fifth year
5%
68,500,000 EBC
Sixth year
5%
68,500,000 EBC
Total
20%
274,000,000 EBC
First year
2%
27,400,000 EBC
Second year
4%
54,800,000 EBC
Third year
1%
13,700,000 EBC
Total
7%
95,900,000 EBC
40%
548,000,000 EBC
8%
109,600,000 EBC
20%
274,000,000 EBC
25%
342,500,000 EBC
7%
95,900,000 EBC
100%
1,370,000,000 EBC
