The Game7 DAO have revealed the tokenomics for their upcoming $G7 token, scheduled to launch later in 2025.
$G7 will be the native currency of the G7 Network – the Arbitrum-based Ethereum Layer-2 blockchain of the Game7 ecosystem which held its mainnet launch last week. The token will serve to uplift, incentivize and reward members of their growing ecosystem – which already encompasses over 600,000 blockchain gaming enthusiasts.
The main highlight of this reveal is that the Game7 DAO has confirmed that a whopping 60% of the 10 billion $G7 token pool is to be allocated to the community – with the token set to become available to the public later this year.
What is the G7 Network?
The G7 Network is an Arbitrum-powered Ethereum Layer-2 network, built by the Game7 DAO, and designed to power the future of their Web3 gaming ecosystem.
Up until recently, the Game7 Portal – G7’s main Web3 gaming platform – has been powered by zkSync. This helped them to build a community that now stands at over 600,000 players – however with high bandwidth and gas fee costs, Game7 DAO required their own solution. Enter the G7 Network.
Built using Arbitrum’s Orbit stack, the G7 Network is specifically-built to support a vast Web3 gaming ecosystem. With low gas fees, speedy transaction and a scalable, future-proof infrastructure, the G7 Network should help facilitate the growth of the Game7 DAO well into the future.
With the G7 Network mainnet now live, users can migrate their existing identities through the G7 Portal. This will be followed by app, tool and service partners – with many new products hitting the network – prior to the network going permissionless, finalising the creation of an open, decentralised gaming blockchain.
What are the highlights of the $G7 tokenomics?
The $G7 token is set to becoming publicly available later in 2025, becoming the native currency of the G7 Network. The Game7 DAO describes $G7 as “the economic engine powering a player-owned gaming ecosystem“.
Some of the most important aspects of $G7 revealed so far include:
- 60% of the $G7 supply has been allocated to the community
- $G7 will launch simultaneously on Ethereum and Arbitrum One
- $G7 can be staked to access the Citizen Pool – a $1M-guaranteed USDC revenue share scheme
- 23% of the $G7 supply will be unlocked at launch, with 15% distributed through airdrops
- Three airdrops will take place, rewarding “authentic player engagement” over time
Across these three upcoming airdrops, $G7 tokens will be allocated according to the number of Boosted Credits held by an account. These Boosted Credits will be rewarded to players who have played games in the G7 ecosystem – with extra boosts for early supporters, high-level players, consistant engagement and more.
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