💲Bacon Token Distribution

The Bacon token begins as a centralized points system within the Platform, offering players the ability to earn and use Bacon through various activities. These points are essential for engaging with the Platform's ecosystem, offering rewards and utility across features.

Centralized Bacon Points System

• Earning Bacon Points: Before any potential transition to Layer 2 (L2), Bacon operates as a centralized points system.

• Proposed Airdrop and Transition to Layer 2: The Platform is considering a future transition to a decentralized L2 protocol, where Bacon Points would be converted into L2 Bacon tokens via an airdrop. The details surrounding the airdrop, including eligibility and timing, will be determined at a later stage, contingent on various factors, including compliance with all regulations.

Incentivizing Early Participation

• Early Adopter Participation: Early participants in the centralized Bacon Points system may receive additional incentives if the L2 transition is realized, subject to regulatory compliance.

• Staking Rewards: During the centralized phase, players who stake Fofar tokens will earn Bacon Points at a fixed rate.

Proposed Token Allocation

• 50% User Rewards: In the proposed L2 transition, a significant portion of the total Bacon supply is envisioned to be allocated for user rewards. This allocation covers earnings from tournaments, social media challenges, gameplay achievements, and staking, reflecting the contributions made during the centralized phase.

• 20% Marketing and Community Growth: This portion is earmarked for marketing efforts and community initiatives. This would be aimed at boosting the Platform’s marketing and attracting new users, as well as supplying tokens for Platform tournaments and large competitions.

• 20% Developer Incentives: This allocation is intended to incentivize game developers who contribute to the Platform, encouraging the creation of new games and content. The final allocation will be determined by the community’s governance decisions following the proposed L2 transition.

• 10% Team & Partnerships Allocation: A portion of the total Bacon supply is reserved for the team and strategic partnerships, with vesting periods to ensure alignment with the Platform’s long-term goals. This allocation is subject to adjustment based on community governance decisions post-transition.