Back to the list

Creators Of Game OpenSeason Announced Token Airdrop

source-logo  cryptonews.net 18 June 2024 13:57, UTC

The creators of OpenSeason on Monday announced details of the upcoming distribution of studio tokens to players — and said that the distribution will take place this week. This week, holders of Fractional Uprising Studios NFT membership passes, which are currently required to play OpenSeason, will automatically receive some of the 62.1 million “FU Money” tokens that were earmarked for this week’s initial airdrop.

This amount represents 10% of the total supply of FU tokens. These coins will be issued based on the three wallet snapshots already taken. The longer a user holds a membership card, the more FU they will receive. The token will initially be offered through Arbitrum, Ethereum’s layer 2 scaling network.

On Monday, the team behind Fractional Uprising Studios, which developed the OpenSeason game, also laid out a long-term roadmap for the FU token. After this week’s airdrop, the remaining 90% of the tokens will be distributed accordingly: 30% will be allocated to be distributed as community rewards over the next decade, 20% will go to the studio team with a six-month vesting schedule, 5% will go to the liquidity pool on Uniswap, and the remaining 35% will fund future Fractional Uprising projects.

Image: Decrypt