Page cover

$MOXY token

Flow Account address: 0x123cb47fe122f6e3; Identifier: MoxyToken

$MOXY is a utility token native to the Moxy Platform. Its utility includes the following:

Regular Game Play and Tournament Fees and Prize Pools

$MOXY is used as a native token to initiate and participate in on-demand gameplay and tournaments. All players will pay $MOXY as a participation fee to join a Moxy competitive event. All players buy $MOXY from the open market either through the Moxy built-in swap widget or external exchanges.

The fees collected in $MOXY will be aggregated into a prize pool, out of which,

  • 1.0% will be distributed to MOXY Foundation

  • 2.9% will be burnt into the β€œPLAY” pool and taken out of circulation

  • 6.0% will be distributed to the game developers, and

  • 90.1% will be put into the prize pool that will be distributed to the tournament winners

Special Tournament Sponsorship

External brands must pay $MOXY to get sponsorship titles for special tournaments.

For the sponsorship fee received,

  • 50% will be allocated to the prize pool,

  • 44% will be burnt into the β€œPLAY” pool, and

  • 6% of the $MOXY received will be distributed to the relevant game title owner/gaming studio

Game Publishing & Promotion

Game title owner/gaming studios must pay $MOXY to publish their game on the Moxy platform. They may also pay $MOXY to promote their game on the Moxy platform to acquire more players.

The scope of promotion includes but is not limited to the following:

  • Pin the game on the top of Moxy’s console

  • Create Moxy competitive game modes to facilitate eSport-style gameplay

  • Launch targeted email marketing or in-game promotion to all players

For the fee received,

  • 50% of the $MOXY received will be burnt into the β€œPLAY” pool, and

  • 50% will be distributed to the MOXY Foundation

Last updated