CAT20 Tokenomics
Last updated
Last updated
Introduction to $Beggy CAT20 Protocol
By leveraging the CAT20 protocol, $Beggy benefits from this cutting-edge technology, offering the potential for seamless integration into gaming ecosystems and creating new earning opportunities for our community.
$BEGGY is the native token of the Beggy ecosystem, with a capped total supply of 21 million tokens ensuring scarcity. No additional tokens will be minted or created.
10% of the genesis supply (2.1M CAT20 tokens) will be distributed to current and future holders of Beggy Ordinal tokens. Each Beggy holder will receive 1,000 CAT20 tokens, and if a holder owns 5 or more Beggys, the token reward will be doubled.
40% of the total token allocation is reserved for staking rewards. This staking mechanism is designed to reward community-driven actions:
Holding Beggys for extended periods will yield staking bonuses.
Engagement in community initiatives such as social media participation, event involvement, and content creation will be rewarded.
Staking Beggys will unlock access to exclusive content, early access to drops, and unique experiences within the Beggy ecosystem.
40% of the token allocation is reserved for gaming rewards. Once the full Beggy family collection is released, we will partner with game developers to bring additional value to the token:
