Popular Ronin-based basketball title Rumble Kong League has announced that its long-awaited $FAME token will launch on March 11, debuting on the Ronin Network.
Having recently migrated from Avalanche to the Ethereum Layer-2 network Ronin, Rumble Kong League are keeping up their momentum by holding this token launch. $FAME will be the ecosystem of Rumble Kong League and other planned games in the same ecosystem, “[fuelling] competition, culture, community” and more.
The token generation event (TGE) for $FAME will see the reveal of a total supply of 7 billion tokens, with 50% of the token supply set aside for community-related initiatives – including 30% to go towards the airdrop, staking rewards, and holders of Rumble Kong League NFTs.
What is Rumble Kong League?
Rumble Kong League is a free-to-play 3v3 basketball web3 game, built on Ronin, and available on iOS and Android mobile devices.
Players work to build a roster of Kongs before taking them to the courts in fast-paced, arcade-style 3-on-3 basketball actions. Facing both human and computer opponents, players fight to earn hard-fought victories, climbing through 10 ranked divisions to earn a variety of blockchain-based rewards.
The game is built around the 10,000-piece Rumble Kong NFT collection. Each of these Ethereum-based NFTs can be used by holders as playable characters within the game, providing unique traits and in-game boosts.
Rewards that players can gather include FAME points – which will go towards an allocation of the soon-to-launch $FAME token – as well as other token prizes and exclusive in-game perks.
Rumble Kong League revealed their plans to migrate to Ronin in January 2025, moving away from their long-held plans to utilise the Layer-1 Avalanche blockchain.
What do we know about $FAME?
$FAME is set to be the ecosystem token for Rumble Kong League, and other initiatives in the Rumble Kong ecosystem. Announced in July 2024, the $FAME token will debut on March 11, 2025.
The full tokenomics of $FAME were revealed on February 11, 2025. $FAME will have a total supply of 7 billion tokens. 50% of the total supply has been set aside for community incentives, with 30% to go towards community airdrops, staking rewards, and as rewards for Rumble Kong League NFT holders.
2% of the token supply will be distributed to players that took part in Season 1 of the Rumble Kong League play-to-airdrop campaign, which was available on mobile devices. 25% of the $FAME supply is allocated for team members and advisors, with a six-month cliff and 24-months vesting period.
Rumble Kong League are conducting a community sale for $FAME on Ronin. Interested buyers can purchase $FAME at the price of $0.00429 each, prior to the TGE on March 11.
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