Post
Topic
Board Announcements (Altcoins)
Re: [ANN] My Crypto City (MYCTY) Mobile game using Solana infrastructure
by
HBUS
on 09/02/2022, 12:56:31 UTC
Now many play-to-earn tokens are developing on the hype. For example, Plants Vs Undead, I bought for $17, but then its price dropped to $12, and I had to sell at a loss. What ideas does the MyCryptoCity team have for keeping the value of the MYCTY token?

MYCTY token has linear Vesting for 6 month. This will reduce the risk that the price of the token may collapse sharply after the start of the public sale.

What does vesting period mean? I didn't find any explanation in your gitbook

This means that MYCTY token holders are entitled to receive current or future payments. Since from the moment the distribution begins, users will receive 20% TGE, and payments will not be instant, but distributed over a period