📊Tokenomics

Discover the financial mechanics that fuel the $BINGO ecosystem

Initial Supply and Token Allocation

  • Initial Supply: TBA

  • Token Allocation:

    • Team: TBA%

    • Community and Ecosystem: TBA%

    • Marketing: TBA%

Token Transaction Taxes

Whenever you buy or sell $BINGO tokens, a 5% tax is applied:

  • 2% Gas Transaction Fee: Used to fund gas fees, goes to the game wallet.

  • 2% Liquidity Pool: Added back into the LP to maintain a stable price.

  • 1% Marketing: Funds are allocated to the marketing wallet to promote the project.

Game Mechanics

Before winnings are distributed, a tax is taken from the total prize pool in each game:

  • 2% Burn: Reducing the overall token supply and creating scarcity.

  • 4% Revenue Share: Sent to a "Revenue Share Wallet" and distributed to $BINGO token holders on a weekly or fortnightly basis.

  • 4% Lottery: Sent to a separate lottery pool that accumulates over time, providing an additional chance for players to win big.

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