In a whitepaper update released on Thursday, online crypto casino Shuffle outlined the project's Tokinomics and plans to distribute Ethereum-based SHFL tokens in a series of airdrops starting the first week of March.
The first airdrop, Shuffle, will go to users who have played at an online casino within 12 months of launch. Second and third airdrop rounds are planned later this year, targeting a wider distribution of users.
According to Shuffle's white paper, 31% of the token allocation will go to Shuffle's treasury, 8.8% to previous contributors, 28% to airport rounds and 25% to team members. The remaining 7% of tokens will go to the liquid bootstrap pool and liquid mining.
Players who receive tokens through Weather, Shuffle added, can use their SHFL tokens as stakes in casino games as soon as they are received.
“By staking on the SHFL token space, the user will facilitate the accelerated wear of their SHFL tokens remaining from the airdrop and contribute to their total staked vote, helping them earn future airdrops,” the white paper reads.
Shuffle said the initial circulating supply will be 71.1 million SHFL tokens. Shuffle did not immediately respond to Decrypt's request for comment on its airdrop plans. The platform accepts various cryptocurrencies including Bitcoin and Ethereum for gaming and also offers sports betting.
Several projects have launched large-scale airdrops in the past few months.
On Monday, Ethereum Layer-2 scaling network Starknet announced a February 20 airdrop of STRK tokens to eligible wallets. Other massive airdrops in recent months include Solana's decentralized exchange aggregator Jupiter and “app chain” network Dymension.
Blockchain games are also in the mix. PIXEL Token of Crypto Game Pixel It started offering airdrop placements last week ahead of the February 19 launch. Nifty Island launched an air-to-air campaign for its ISLAND token last month.
Edited by Andrew Hayward.
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