As Reboot’s native digital token, GG will hold the power to activate game sessions, generate game rewards, enable play validation, and generally shape the future of the Reboot protocol.
By binding GG to Game Credits, GG holders will be able to purchase gameplay sessions in any game within the Reboot ecosystem.
GG holders will have the ability to earn fees for posting GG as prize collateral for skilled players who beat the odds in skill-based games.
As members of the Reboot DAO, GG holders will have voting power to guide the direction of the ecosystem in various ways.
GG holders will have the ability to earn fees by acting as game validators and matchmakers, issuing cryptographically verifiable proof-of-play claims.
Content creators and Reboot Protocol contributors may unlock new audiences and receive GG through our Auto-Affiliate Program.
Winning players earn GG wrapped as Proof-of-Skill tokens and may compete for GG through their leaderboard performance.
The fixed total supply of 1 billion GG tokens will be distributed among eight groups as outlined below.
Pixel Vault Community
To encourage participation and facilitate the growth of the Reboot ecosystem, the Reboot Protocol will include smart contracts that will allow the substitution of various blockchain-based assets (POW, PUNKS, and Inhabitants Planets) for GG tokens. The following substitution rates and lockup conditions for the tokens outlined will be implemented provided all Contingencies in page 7 of the Transparency Report are met.
POW & PUNKS Tokens
Holders of POW and PUNKS may substitute their tokens at the rates listed below.
The choice is yours
Holders of POW and PUNKS may choose to substitute their tokens for Game Credits used in BattlePlan! or directly as GG that unlocks linearly over the course of one year:
Substitute directly for GG, which will unlock linearly over the course of one year from the time of substitution. Locked GG can be converted to Game Credits at any point.
Available immediately, Game Credits are used to play BattlePlan!, which returns rewards that can be redeemed for liquid GG based on your game performance.
From Planets to Dust
Holders of Inhabitants Planets may substitute their tokens for Planet Dust, a soulbound token that unlocks GG over a 24-month period from time of substitution, with 25% available to claim from the start.
Claiming of a Planet Dust token’s GG prior to a full unlock requires a burn of the Planet Dust token, forgoing all locked GG and transferring that amount to a community pool. Full-term holders of Planet Dust tokens may claim GG from the community pool once their Planet Dust token’s initial GG is fully unlocked and claimed.
The Reboot Treasury will be allocated 10% of the total GG supply. This allocation will be managed according to Reboot DAO governance and will be fully available on Day 1, with a portion already reserved for treasury diversification purposes.
A treasury that earns
Credits & Rewards
Core contributors to the ongoing development of the Reboot Protocol will be allocated 11.4% of the total GG supply for their work going forward. This group will vest their GG tokens every 4 weeks for 96 weeks so long as they continue to provide services to Reboot for the full duration of the vesting period. Tokens will be eligible for claim one year after they have vested and unlocked. Should a Core Contributor cease to provide services, unvested tokens will be returned to the Core Contributor pool for future allocation.*
Pixel Vault, Inc
Pixel Vault is donating its share of GG from POW and PUNKS to allow its community to substitute their own POW and PUNKS for GG at a higher effective conversion rate. Therefore, the company’s Planet tokens are its sole remaining holdings tradable for GG.
Pixel Vault has Day 1 GG requirements for the launch of the Reboot Protocol and its genesis game, BattlePlan!, including the collateralization of game credits for players to purchase game sessions. As such, Pixel Vault will forgo a standard conversion of Planet tokens to Planet Dust tokens, retain an allocation of 5% of the total GG supply at the corporate level (subject to token unlocks*), and dedicate the remaining portion of its original planet-based GG allocation to filling various protocol needs.