Tokenomics

DarkMagick - $DMGK in-game currency

$DMGK BEP-20 : 40,000,000 max supply 2% BUSD reward (min 50k DMGK holding) 2% Liquidity 2% Marketing

The above represents the foundational tokenomics for DarkMagick ($DMGK), it is the native currency in the DarkMagick Metaverse and will be used as the main reward token inside of our ecosystem. We have a max supply of 40,000,000 tokens and it has been distributed in a way that best benefits the longevity of DarkMagick. There is also a small tax on each buy/sell/transfer at the cost of 6%. The 2% for BUSD reward goes to any holder of DMGK with 50k or more, the other 2% goes into the liquidity pool, and the last 2% goes to DarkMagick's marketing wallet.

DMGK Token Utility

1. In-game currency: DMGK will be used as the main in-game currency for rewarding players who complete story mode, trading on our in-game market, better against other players, entry in contests and special tournaments.

2. Player vs Player Mode: DMGK can be used to battle and bet against other players in our metaverse. Winner takes all!

3. Story Mode: DMGK can be earned for players who complete the story mode portion of the game. Reward amount of DMGK will be based on EXP points accumulated before completing story mode. More info

4. Marketplace: DMGK will be used to buy in-game items directly on our marketplace. NFT items such as : spells, potions, amulets, and other power-ups can be purchased to enhance your Hero's abilities.

5. NFT Stake to Earn: DMGK can be earned by staking the NFTs earned in Dungeon Mode. NFTs found during Dungeon Mode will be considered more rare than NFTs found in story-mode.

6. NPC Assigned Quests - DMGK can be earned by completed special requests assigned to you by the Sage NPC. These rewards will be disbursed based on completion of the quest.

Description	Allocation	Percent of Supply
Liquidity + Presale	11,600,000	29%
In-Game Rewards	10,000,000	25%
DarkMagick Ecosystem	6,900,000	16.25%
Future Rewards	3,000,000	7.5%
Future Expenses	3,000,000	7.5%
Marketing	2,000,000	5%
Team Wallet	2,000,000	5%
Game Development	1,000,000	2.5%
Private Sale	1,000,000	2.5%

• Team/ Marketing Wallet : 25% released immediately, and 10% every 1 month (LOCK)
• Game Development : 100% locked for 3 months

• Future Game Rewards : 100% locked for 2 years (LOCK)
• Future Expenses : 100% locked for 2 months (LOCK)
• Game Staking - tokens will be locked for 3 months (LOCK)
• Liquidity Lock : 100% locked for 6 months (LOCK)
• DarkMagick Ecosystem : (MULTISIG)