King of Legends
  • 🖐 Welcome to King of Legends
  • 1. Introduction
  • 2. The history of King of Legends
  • 3. Mission & Vision
    • 3.1. Mission
    • 3.2. Vision
  • 4. Building the King World
    • 4.1. Castle
    • 4.2. Soldiers and Spirit Beasts
    • 4.3. Land
    • 4.4. Alliances
  • 5. NFT Marketplace
  • 6. Staking
  • 7. Game Engine
  • 8. Blockchain Utilisation
    • 8.1. Token Metrics
    • 8.2. Token Allocation and Token Burn
    • 8.3. Token Functionality
  • 9. Tokenomics
    • 9.1. $KOL Token Utilization
    • 9.2. $KOL Token Burning Mechanism
    • 9.3. Token Locking
  • 10. Roadmap
  • 11. Core Team
  • 12. Strategic Partners
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  1. 9. Tokenomics

9.2. $KOL Token Burning Mechanism

Underpinning our commitment to sustainability, a structured token burning mechanism is employed. All $KOL Tokens used for NFT purchases and in-game item upgrades are systematically burned. This initiative ensures scarcity, bolstering the intrinsic value of the token. As of now, a substantial 90,551,857 $KOL Tokens have undergone this process, and as our player base expands, this mechanism will persistently diminish token supply.

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Last updated 6 months ago