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FURY Token Technical Overview

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Introduction

The FURY token, integral to the Fanfury ecosystem and developed on the Furya blockchain, is designed as the primary economic unit within this innovative platform. With a hard cap for maximum token issuance set at 420 million tokens, FURY underpins a range of transactions, governance mechanisms, and incentive structures, supporting the platform’s functionalities.

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Utility Functions

FURY tokens facilitate economic activities on the Fanfury platform, including user participation in fantasy sports, governance voting, and platform incentives distribution.

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Economic Model and Tokenomics

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Token Allocation

• Total Supply: 420 million FURY tokens, establishing a finite supply to ensure scarcity.
• Token Distribution:
  • Gamified Airdrop for Fury Stakers: 18.81% (79M tokens)
  • Whitelist Airdrop: 1.19% (5M tokens)
  • Angel Investors: 2.5% (10.5M tokens)
  • Atlo (Fuzion) Pre-sale: 2.5% (10.5M tokens)
  • Community and LP Incentives: 7.5% (31.5M tokens)
  • Seed Sale: 5% (21M tokens)
  • Private Sale: 9% (37.8M tokens)
  • Public Sale: 6% (25.2M tokens)
  • Marketing: 9% (37.8M tokens)
  • Advisors: 3.5% (14.7M tokens)
  • Team: 15% (63M tokens)
  • Treasury: 10% (42M tokens)
  • Liquidity: 5% (21M tokens)
  • Ecosystem: 5% (21M tokens)

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Vesting Schedule

A structured vesting schedule is in place to ensure the long-term commitment of token holders and participants, ranging from immediate availability to up to 36 months contingent on engagement, thereby aligning the interests of stakeholders with the ecosystem’s growth.

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Economic Mechanisms

The FURY token’s design incorporates deflationary mechanisms, including a systematic burn of a portion of dApp profit, to ensure a sustainable economic model that supports value appreciation over time. This model is geared towards creating a balance between token supply and platform engagement.

This balance also includes distributing a portion of the dApp profits (Rake Fees) to ensure that stakers and validators on the Furya Network are earning from profit-generating mechanics rather than inflation.

The FURY token is a cornerstone of the Furya ecosystem, underpinned by a detailed economic model designed for utility, growth, and sustainability. It supports a decentralized, user-centric approach to fantasy sports betting and governance, backed by the robustness of the Furya blockchain.

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Alliance Staking

The Alliance module enhances the Furya blockchain by enabling staking of external assets. This module allows various tokens, aside from the native FURY token, to be staked and earn rewards, fostering greater interoperability and value accrual within the ecosystem.

Features of Alliance Staking:

• External Asset Staking: Stake external assets alongside native FURY tokens.
• Interoperability: Support for a wide range of assets from different blockchains.
• Reward Distribution: Earn staking rewards in multiple asset types.
• Governance: Integrate external assets into the Furya governance framework.

Staking external assets through the Alliance module ensures that the Furya Network benefits from increased participation and security, while also providing additional incentives for users to engage with the platform. This strategic inclusion of external assets aligns with Furya’s economic mechanisms, contributing to a sustainable and growth-oriented ecosystem.