Qwoyn Blockchain Tokenomics

Only the lazy have not heard about the imminent release of the space strategy Cosmic Horizon, developed by the Qwoyn Studios team on new technologies using the blockchain based on the Cosmos SDK.

The Qwoyn blockchain is a decentralized platform for certain applications and various services. Cosmic Horizon is the main part of the team’s work, but not the only one. Qwoyn Studios is working to ensure that the network and its supporting modules support other games and projects. The Qwoyn blockchain economy is primarily aimed at serving Cosmic Horizon players, but other applications associated with this blockchain will also work reliably.

To do this, the team uses various methods to ensure a good balance of the game economy.

To begin with, the initial working capital is 10,000,000.00 $QWOYN. For operating expenses and development support, Qwoyn Studios is holding a private sale of 550,000 $QWOYN tokens and is raising a portion of the operating capital for Cosmic Horizon.

Those tokens that will not be sold will be sent by Qwoyn Studios to strengthen the Cosmic Horizon project: to exchange tokens with partners, distribute teams, fund the community, including participants in the ambassador program.

Also from genesis mint, 1.5 million tokens will be transferred to the Qwoyn Foundation and distributed among different DAOs. 1 million tokens will be locked up, only staking rewards will be available. The Qwoyn Foundation will control the remaining 500,000

For the stable functioning of the network, 10% of the supply of genesis tokens will be distributed to the Qwoyn community pool. These funds will be used to develop the Qwoyn ecosystem and community. Also, there will be airdrops for NFT Cosmic Horizon genesis holders.

Regarding inflation, we can say the following: the maximum rate of 30% may decrease to 7% in 12 months. This will happen if 67% of the $QWOYN tokens are staked.