Tokenomics

Definition

Game Token: PKT

Governance Token: PKV

PKT(Time token)

Minting (Creating)

The supply of PKT is 6 billion,Produced in single player mode or on-hook mode

  • Climacool boost creating

  • Pure boost creating

  • Club reward

Burning (Destroying)

The PKT is burned by:

  1. Shoe-Minting

  2. Repair

  3. Leveling up Sneakers

  4. Gems upgrade

PKV(Governance token)

Minting

The PKV is minted at the Token Generation Event, with a total of 2,000,000,000 minted.

  • Liquidity mining

  • Club reward

  • Staking reward

Burning (Destroying)

The PKV is burned by:

  1. Governance participation

  2. Taker option is the voted result

  3. Sneaker Customisation

  4. Sneaker upgrade

  5. Rare to Legendary Sneaker Shoe-Minting

  6. Level 1 - 5 Gem upgrade

  7. Online store

Distribution

30% of total PKV will be distributed to users through move&earn and Governance participation. A large portion of 30% Ecosystem fund will be used to run giveaways and community events such as Forever Online Marathon Offerings (FOMO).

Move&earn PKV will start once PKV has been listed on the Exchange and PARKOUR has reached desirable Daily Active User count (TBD). To ensure the longevity of the app, the total release of PKV will halve every three years. (i.e. 15% of total PKV supply will be earned by move&earn/Governance in the first three years, 7.5% in the second three years and 3.25% in the third three years, until all tokens are released).

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