# PLAY token

PLAY is our native token that powers the entire PLAYverse.

# Token details

Token details
Symbol	PLAY
Chain	BNB blockchain
Max supply	200M tokens
Initial circulating supply	8.98M tokens
Burn Mechanics	yes

Burn details 🔥:

20% of the NFT Marketplace fees will be used to buy back and burn PLAY tokens
20% of the PlaySwap Arena fees will be used to buy back and burn PLAY tokens
20% of the gaming platform fees will be used to buy back and burn PLAY tokens
80% of the gaming protocol fees will be burned
20% of the trading fees are used to buy back tokens and burn them
80% of the auto compound Play pool fees will be burned

# Let's explore some of the many token utilities below:

You can buy/sell PLAY from our AMM Swap
Earn PLAY as rewards from playing your favorite games
Earn PLAY as rewards from staking LP tokens in our farms
Stake it in your PLAY pools to earn PLAY and other tokens
Compete individually and in teams to participate and organize public/private tournaments using $PLAY
Buy/sell NFTs on the NFT marketplace
Use NFTs in the NFT platform

And many more in the future... 🚀

# Stakeholders

Pool	%	Initial supply (TGE)	Price ($)	Cliff (Months)	Vesting (Months)	Total (PLAY)
Team & advisors	15%	0		12	24	30.000.000
Seed sale	6%	600.000	0.03	3	12	12.000.000
Private sale	12%	1.680M	0.055	2	10	24.000.000
Public sale	3%	600.000	0.08	0	6	6.000.000
Rewards (P2E/Community)	35%	2.100.000				70.000.000
Marketing	5%	1.000.000				10.000.000
Ecosystem support	14%	0				28.000.000
Liquidity	10%	3.000.000				20.000.000
Total	100	8.980.000				200.000.000