Game7 DAO has officially unveiled the tokenomics for its upcoming $G7 token, sharing details on supply allocation, distribution, and utility.
What Is the $G7 Token?
The $G7 Token is the upcoming core token of Game7 DAO's player-owned gaming ecosystem. It will act as a governance token with multi-functional utility and economy incentives designed to power a future shaped by the players. Blockchain games built on this web3 gaming ecosystem will thus use the token as the primary marketplace currency and main liquidity pair for their own tokens.
What Do The $G7 Tokenomics Reveal?
The $G7 tokenomics, published early February 2025, provides the blockchain gaming community with info on the token's utility and supply allocation, giving everyone a good idea of what to expect from the day of TGE and onwards.
According to the official X thread, the community is said to be at the forefront, as 60% of the token's supply has been allocated to the community. The maximum supply is 10 billion, so 6 billion is under Community allocation. 20% of the total supply goes to Core Contributors and 12% for Early Backers, with 8% reserved for the Foundation.
The Community allocation is set to be used for airdrops, community treasury, and liquidity, with 21% of the 6 billion token allocation unlocking on TGE. This will represent 12% of total supply circulating from token launch, with the allocation continuing to unlock each month over a 12-month period.
Core Contributors is dedicated to rewarding core developers, with none of their tokens unlocking on TGE. Instead, this category undergoes a 6-month cliff period, after which tokens start unlocking over the course of 36 months. The same cliff and vesting schedule applies to the Early Backers category.
The Foundation category will be used to support operations and R&D, as well as for providing grants to creators interested in developing games on this ecosystem. 2% of this allocation should unlock on TGE, with the rest unlocking over 18 months.
On TGE, you can expect 23% of the maximum supply to be unlocked, 15% of which is for airdrops. Based on the official distribution table, this means that 21% of the Community category will be unlocked on TGE, while 2% of the Foundation's allocation will also unlock as well.
The TGE for $G7 is planned to take place on February 12th at 12 PM UTC. It is planned to launch on Ethereum and Arbitrum One at the same time as an ERC-20 token, with more chains to potentially be added in the future "for maximum accessibility." At its core however, $G7 will be the native currency of the G7 Network, so you can likely expect most of its utility and benefits to be provided there.
What Is the Utility of the $G7 Token?
The $G7 token is set to have multi-functional utility in order to serve as a crucial component of Game7 DAO's gaming ecosystem.
Specifically, $G7 will be used as the main marketplace currency for all web3 games in this ecosystem. While games will likely have their own tokens, they will still be using $G7 as the primary liquidity pair.
Next to being the core ecosystem token through which players will access various on-chain games and their NFTs, the token will also be used for governance. This means that users will be able to gain governance power by holding plenty of $G7 tokens to then use through a reputation-based voting system that is said to emphasize engaged community members, giving them "the strongest voice in shaping our future."
As you use the token for governance and for buying other tokens and assets, you will also be able to use $G7 for staking. By staking $G7, you will be able to gain access to a variety of different rewards through an ever-growing collection called the Citizen Pool.
Learn more about the utility and tokenomics of the $G7 token by reading the official documentation.
