Tokenomics
Last updated
Last updated
Total Supply: 5,000,000,000 $NEW (subject to change)
Token Structure: Single token model
$NEW serves as the base currency of Newcoin ecosystem. When onboarded game tokens are exchanged/traded against $NEW, fees are charged in $NEW. A portion of this fee will be burned to create deflationary structure.
Existing gamers from onboarded titles can enjoy seamlessly and frictionlessly integrated Web3 through Newcoin ecosystem. As each new game joins, the platform’s user base will grow, which then will attract more and better new games to join — ultimately igniting a flywheel effect that benefits all stakeholders.
More details will be shared soon