$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
2.9% will be burnt into the “” 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 “” 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 “” pool, and
