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  1. The Community Treasury

Sakura Token-$SAKU

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Last updated 2 years ago

Sakura token (SAKU) is an ERC-20 governance token for the KatsCo ecosystem. SAKU holders will be able to claim rewards if they stake their tokens, play the game, provide liquidity, and participate in key governance votes. Adopters will also earn $SAKU when they interact within the KatsCo ecosystem and through user-generated content as an incentive.

Our goal with Sakura tokens is to foster alignment of incentives among all participants in the KatsCo ecosystem, including players, users, creators, and developers. We strive to achieve this by encouraging innovation and creativity.

The above-mentioned mechanisms have three primary objectives:

  • To incentivize and reward users and adopters who engage with the KatsCo ecosystem, encouraging them to retain their tokens and stake them for additional rewards. This also involves voting for future rewards.

  • To decentralize the ownership and governance of the Sakura token.

  • To use the token as a voting ticket for future projects and guide the direction of the KatsCo ecosystem in the future.

Our aim is to make CRIMSON SAGA the first game to be truly owned and decentralized by its users, adopters, and creators, giving them a sense of ownership within the community. This will open up infinite possibilities, but we must handle it carefully since it is the first of its kind. In the past, projects have been abandoned, unsuccessful, and even become stagnant when trying to fully emerge as a decentralized ecosystem. While the transfer to a truly decentralized organization will take time, we hope to expedite it and make it a milestone and beacon of light to show the way we interpret how it should be.

The community treasury will start generating revenue once KatsCo projects are released periodically to the community. It will not be limited to staking rewards, gas fees, minting fees, market sales, physical merchandise, and assets in real life.

The treasury receives inflows from:

  • 5% of all CRIMSON SAGA NFT marketplace transactions

  • 10% of the minting sales from the Galileo market

  • 2% of the cash out from staking fees and 3% of the TENGEN DEX fees

  • 5% of the Migdalia’s DAO donation gas fees

Additional revenue streams will be added in the future, including cosmetic sales, in-game items within CRIMSON SAGA, tournament entry fees, licensing fees, royalties, and more, as new projects are added and evolved within the KatsCo ecosystem.

At the beginning of the KatsCo ecosystem, staking issuance will be high, encouraging a high portion of staked SAKU without requiring an additional source of funds.

*The percentage may vary or fluctuate within the KatsCo ecosystem but is not limited to inflation and deflation of the financial market, which KatsCo has no control over to manipulate or prevent.