Tokenomics for OSRS Game Fund Meme Token on Solana
Token Name: OSRS Game Fund
Token Symbol: $OSRS
Blockchain: Solana for its high throughput, low cost, and community support.
Token Supply:
- Total Supply: 10,000,000,000 $OSRS
- Locked Supply for Acquisition: 4,000,000,000 $OSRS (40%)
- Circulating Supply: 6,000,000,000 $OSRS (60%)
Distribution:
- Public Sale: 50% of circulating supply (3,000,000,000 $OSRS) will be sold through a fair launch on Solana’s DEX to democratize access.
- Airdrop: 10% of circulating supply (600,000,000 $OSRS) airdropped to the OSRS player base, Solana enthusiasts, and gaming influencers to spark initial interest.
- Team and Advisors: 10% (600,000,000 $OSRS) with a 2-year vesting schedule to align incentives with long-term project success.
- Marketing and Development: 5% (300,000,000 $OSRS) for community engagement, legal expenses, and project development.
- Liquidity: 25% (1,500,000,000 $OSRS) initially locked in liquidity pools to ensure market stability and facilitate trading.
Token Utility:
- Acquisition Fund: 40% of the total supply ($4,000,000,000 $OSRS) is locked in a smart contract for the acquisition of Jagex. This fund will be released when $OSRS reaches a market cap sufficient for the offer or at a predetermined time.
- Governance: Holders of $OSRS can vote on key decisions through a Solana-based governance system, including acquisition strategies, community initiatives, and tokenomics adjustments.
- Fees: After the acquisition or if the acquisition fails, the use of remaining or generated tokens:
- Reinvestment in Game: Funding for further development, updates, and player experience enhancement.
- Community Incentives: Rewards for community contributions or holding $OSRS.
Economic Mechanisms:
- Transaction Tax: A 5% tax on each $OSRS transaction:
- 3% redistributed back to $OSRS holders to encourage holding.
- 1% added to the acquisition fund until the purchase, then redirected for game development or community rewards.
- 1% for marketing and ongoing community engagement.
- Token Burn: 1% of each transaction’s tax is burned to decrease total supply, potentially increasing in value over time.
- Staking: Staking $OSRS on Solana can provide additional rewards or benefits within the OSRS ecosystem, promoting long-term investment.
Acquisition Strategy:
- Trigger for Offer: The locked fund will be unlocked when $OSRS’s market cap hits a community-voted threshold, indicating enough value has been generated for an acquisition attempt.
- Post-Acquisition:
- Trust Formation: Jagex would be placed under a Trust with explicit rules:
- Reinvestment: All profits must be reinvested back into the game to maintain and expand its features.
- No Private Equity Sale: A legal clause preventing any sale of Jagex to private equity, ensuring community governance.
- Trust Formation: Jagex would be placed under a Trust with explicit rules:
- Legal and Compliance: Engage with legal experts to navigate the complexities of token sales, corporate acquisitions, and comply with all relevant laws and regulations.
Risks and Considerations:
- Market Volatility: The crypto market’s unpredictability might affect the timing or feasibility of the acquisition.
- Legal Challenges: Using a meme token for such a significant acquisition might face legal scrutiny.
- Community and Jagex Alignment: Both the $OSRS community and Jagex’s management need to support this plan for it to succeed.