Studio Token $QORPO Detailed
Studio Token $QORPO Detailed

Studio Token $QORPO Detailed

Blog By Pavel Soral

Feb 14, 2024, 5 min

$QORPO represents a versatile and multi-purpose studio token that supports an entire ecosystem of games, esports, and NFTs. Unlike the single-game token economies, $QORPO stands in the centerpoint of all our studio activities, powering our web3 gaming platform and ever-growing selection of games. The QORPO Token is where gaming meets web3 innovation, serving as the foundation of an innovative gaming ecosystem, integrating a multitude of products and services to deliver an unparalleled gaming experience.

$QORPO Highlights

  • One token for the entire ecosystem
  • Inclusive & equitable staking opportunities
  • Multi-purpose token utilities
  • Gaming designation
  • ERC-20 token on Ethereum mainnet
  • B2C & B2B utilization

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Why do we choose one token for the entire studio

There’s a reason why we call $QORPO a multi-purpose token. When we came up with the idea of unifying all our IPs under one token, we set ourselves to bring unprecedented mechanics that leverage sustainability, equity, and accessibility. With all these virtues in mind, we are thrilled to present $QORPO utilities. We don’t just build games. We unify the gaming universe. We don’t just host tournaments. We democratize gaming under the roof of one token. $QORPO is a rendezvous point where all ends of our ecosystem meet.

Why did we choose to pioneer the path of a single ecosystem token? Every game has its dawn and sunset, pulling a token down once it crosses its zenith. But we support our universal, multi-purpose token with each and every effort we pursue in our studio. There’s always something on the horizon at QORPO WORLD - and every stream converges into one empowered current, $QORPO.

“After exploring various sustainable token systems, we’ve ultimately decided to blend traditional Web2 gaming monetization methods with our own innovative touch. QORPO stands as one token, representing all QORPO ecosystem products, innovative gaming IPs and scalability into B2B gaming solutions within a single-token economy.” - as explained by our CBO, Sebastian Soos.

$QORPO tokenomics insights

Building upon our transparency blog, we are dedicated to serve you as much information as possible. Let’s dissect the mysteries and take a deep view of the $QORPO tokenomics. Here you can see the overview of the key $QORPO stats:

  • Total Supply: 750,000,000.00 (100%)
    • Community Rewards: 33.00% (247,500,000.00)
    • Staking Program - 4.54% (34,000,000.00)
    • Team & Advisors - 20.00% (150,000,000.00)
    • Marketing Partners - 5.31% (39,800,000.00)
    • Liquidity/Exchanges - 3.33% (25,000,000.00)
    • Strategic Round - 15.00% (112,500,000.00)
    • Seed Sale - 3.33% (25,000,000.00)
    • Private Sale - 9.33% (70,000,000.00)
    • Ecosystem Fund - 5.00% (37,500,000.00)

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NOTE: 1.16% (8,700,000.00) of the total allocation will be split into 0.16% for Public Sale and 0.993% for Airdrops.


QORPO token utilities

The QORPO Token serves as the cornerstone of the [QORPO Game Studio ecosystem](), offering multifaceted utilities across its gaming titles and products Let’s explore key features include:

  • Ecosystem token: Seamlessly integrated across all QORPO gaming titles, enhancing utility and scalability as the ecosystem grows.
  • Onboarding Web2 Gamers: Utilized as the primary currency for converting in-game digital assets into NFTs, facilitating the shift of traditional gamers to the Web3 space. Once the token is used for the minting purpose, it will be burned.
  • Platform Governance: Token holders gain governance rights, influencing key ecosystem decisions through direct votes on the QORPO WORLD dashboard.
  • Medium of Exchange: Beyond its governance role, the token functions as a dynamic currency within the ecosystem for purchasing, selling, minting NFTs, trading, and crafting within a vibrant player-driven economy.
  • Buy-Back & Burn: A dedicated buy-back and burn mechanism ensures a portion of ecosystem revenues are used to purchase and permanently remove tokens from circulation, enhancing scarcity and demand.
  • Scalability into B2B: The token is central to QORPO WORLD's B2B strategy, requiring gaming partners to integrate and provide additional utility for token holders.
  • Staking: Offers diverse staking opportunities for a broad spectrum of participants including players, investors, and NFT holders, featuring varied entry points and rewards.
  • Players Incentive: Committed to rewarding engagement, a portion of the tokens is allocated for distribution among players, platform users, and NFT and token holders, tied to ecosystem revenue and engagement metrics.

$QORPO staking opportunities

We are thrilled to announce the introduction of $QORPO token staking, which will be available in several forms, each offering unique rewards. This initiative not only supports the token but also opens a variety of investment opportunities to a broader audience. We’ll introduce several different ways of staking the token and thus bring multiple ways of rewards for its contributors.

Each of these staking options is designed to cater to the diverse needs of our community, enhancing engagement and fostering the growth of the $QORPO ecosystem.

  • Staking for Players: We've made staking incredibly accessible to all players and token holders. With a minimal number of tokens required, gamers can enjoy exciting in-game rewards, including exclusive NFT drops, frequent discounts on in-game purchases, and other enticing benefits. This form of staking enhances the gaming experience while offering the advantages of being $QORPO token holders. This for of staking also bears highly scalable potential since every new game coming on QORPO WORLD will provide an additional utility to our $QORPO token.
  • Staking for Investors: We are introducing a special staking program for our long-term and dedicated $QORPO token holders. This long-term staking allows investors to earn attractive rewards and contributes to the sustainability and growth of the ecosystem. It features a dynamic APY% that adjusts based on ecosystem revenue.
  • Staking for Creators: Creators are a crucial part of our ecosystem and will benefit from the staking program. Those who stake $QORPO tokens will engage in an innovative referral program, receiving royalties from NFTs created in QORPO WORLD.
  • NFT Staking: Recognizing the value of NFT assets in our economy, we are introducing a unique staking mechanism for NFTs. This allows holders to earn in-game currencies and points, leading to higher tiers of rewards.
  • Fixed APY Staking: Lastly, we are preparing a casual staking program with a fixed APY, which will play a critical role during key stages of token development.

Get your share of $QORPO airdrop

You can lock your share of $QORPO airdrop before our token hits exchanges. Currently, we are running a pre-TGE Airdrop Campaign that rewards participants for NFT soft-staking and farming efforts. Take a dive into the world where fun quests meet generous $QORPO token rewards. Emerge at the top of leaderboards and enjoy the biggest chunk of the airdrop. The soft-staking and farming incentive will continue after TGE in multiple seasons to reward as many active and committed supporters as possible.

Learn all about the $QORPO airdrop incentive.

Credits

Blog By Pavel Soral

Feb 14, 2024, 5 min

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