OVERVIEW
Astro Hounds token economy includes staking, locks, liquidity incentives, buy backs, and burns. These are driven by demand drawn by both gameplay perks and value drawn from the game economy.
Astro Hounds uses a double token system:
1.
ATH tokens are the governance token. These benefit from ecosystem fees. ATH tokens are used to buy Astro Hounds which unlocks the app and opens up gameplay.
2.
HEALTH tokens are unlimited and are the in-game reward token across games and movement exercises as part of the play-to-earn and health-to-earn system.
SUMMARY
$ATH Token - Governance token.
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Stake to earn Astro Hound NFTs (first stakers)
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Spend to mint Astro Hound NFTs
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Spend to unlock AR upload your own dog
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Spend to enter Astro Racing & other games
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Burn to increase $HEALTH earning cap
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Burn to mint limited edition NFTs
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Burn to improve Astro hounds base stats on key levels
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Burn to customise Astro Hounds and other accessories
$HEALTH Token - Rewarded for any form of movement and activity. Burn to level up Astro Hounds
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Burn to level up Astro Hounds
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Burn to mint Astro Hounds
1. GAME ECONOMY
1.1 $HEALTH Game income
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Microtransactions: The Astro Hounds game-economy is based on incentivising steps toward wellness. Therefore, players can earn $HEALTH by sleeping, meditating, yoga and moving in multiple ways: running, walking or jogging.
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Players do this with their Astro hound dog companion - that is either a digital version of their own pet, made possible with AR technology offered to the user, or with NFT dogs purchased directly from the app.
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Alpha racing: Players stake $ATH to enter multiplayer online races with others. The best dog will win a full payout of $HEALTH from all. As we unlock new games these will also be added. Players can also pay an entrance fee in $ATH for a chance to win a prize pool of $ATH.
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Auction House: There is a live auction house for peer to peer transactions using $ATH for in-game items that users can buy and sell.
1.2 NFT income
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Users can purchase both Astro Hound NFTs and in-game item NFTs items such as snacks and treats for the dogs, or racing accessories through the metaverse and its companion app. There is a 2.5%* fee for every transaction made.
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1.5%* (50%*) of NFT trades are bought back on the market and in turn, the DAO can vote to burn.
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These figures are subject to change.
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Auction House: There is a live auction house for peer to peer transactions using $ATH for in-game items that users can buy and sell.
1.3 Move-to-Earn economy
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Astro Hounds features a Health To Earn mechanic that is utilised through its companion app. Users are rewarded for a range of exercises.
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On top you can enter a range of fun and exciting games with your NFT hound that reward you for winning.
2. $ATH STAKING
2.1 Staking
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$ATH features staking and will be used to combat selling pressure.
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There are multiple benefits to staking $ATH including:
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Stake $ATH to activate earnings on your character NFT when using our move to earn app
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Stake to get a 2.5%* discount on NFT trading fees
2.2 Burning
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Astro Hounds also features a burn mechanic to tackle inflation.
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Burn to increase $HEALTH earning cap
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Burn to mint limited edition character NFTs
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Burn to customise Astro Hound NFTs
2.3 Token Distribution
Public Sale
10%
100,000,000.00
liquidity
10%
100,000,000.00
staking
15%
150,000,000.00
Marketing
5%
300,000,000
Ecosystem Incentives
5%
500,000.00
team
20%
200,000,000.00
Partners & Advisors
5%
50,000,000.00
development
15%
150,000,000.00
total
100%
1,000,000,000
*Values are preliminary. They can be changed at company’s sole discretion at any time without notice
health
Staking and Burning
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Burn your $HEALTH to level up your character NFT.
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Burn to unlock NFT discounts
Evolution pathway of NFT Astro Hounds
Each new evolution requires an upgrade
As gameplay is added, use cases of $HEALTH will increase.
4. GOVERNANCE & $ATH
Becoming a member of the Astro Hounds DAO club gives premium features to all members of the club. This not only opens up ALPHA chats in discord, in which NFT projects and other crypto general knowledge can be shared among alpha members.
It also enables discounts on NFT accessories and seats for the grand-prix dog races.
Most critically, DAO membership gives dedicated community members a voice to have their say. Not only do they get to vote on key platform decisions by staking their $ATH tokens.
1.
Staking: staking tokens and LP tokens unlocks certain Astro Hounds and dog accessories.
2.
Buy-backs: 50% of NFT trading fees are bought back on the market, which the DAO may vote to burn.
3.
Staking Yield: Up to 50% of NFT trading fees are available as staking rewards for DAO participants.
4.
DAO membership importantly gives users the ability to vote on key decisions on Astro Hounds and even create and run their own events.
