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A Token Of Community
SGT is the main bloodstream of Samurai Guild Games which distributes SamuraiGG resources and incentivizes community members to create value through active participation. The token is expected to expand the concept of game economy that turns GameFi into a vigorous industry by balancing out benefits of all involved parties.
By staying ahead of the curve, SamuraiGG team will be those first ones to actually bring game economy into different professional gamer communities. It explains why most features of SamuraiGG app require users to use SGT.
According to the theory of money velocity, the faster a token rotates in its circulation, the more value will be created in the system. It also kicks up the burning process of SGT, since the majority of collected fees will be burnt systematically. Every now and then, SGT will benefit all involved parties since its market value will pick up steadily.
SGT fuels the SamuraiGG system as below.
- Chūshingura: It enables users to stake SGT or to farm LP-SamuraiGG for APY as well as additional rewards. Staking or farming in Chūshingura is also a requirement to use other features of SamuraiGG App.
- With other features, SamuraiGG token plays the role of the main incentive, which makes sure every attempt to interact with SamuraiGG system of guild members will deserve a high-liquidity reward.
It is possible to form a community that can share profits to members who contribute to the project. Methods include profit sharing and the granting of tokens. Within the community, it is easy to secure the number of community members and design incentives for them to distribute tokens for their contributions by introducing a system to award points based on their contributions. In turn, this will help to secure the number of liquidity providers for the DEX.
We then become a community that changes society. We will issue tokens for this purpose, ensuring adequate economic circulation and proper governance; we must redefine a new democratic form of community by having token holders govern not only GameFi content, but also about social life in general.
Token ownership, like the services described so far, gives Samurai Guild Games members exclusive content, usage privileges, and voting rights for governance. Finally, users can receive startup and development support, including an incubation center tied to their tokens.
Circulating supply must be a well-balanced design that considers the long-term growth and sustainability of SGT.