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As Goal3 is now ready to onboard millions of users on zkSync Era Mainnet, we are giving the chance for our early supporters and community members to participate in this exciting new chapter.
Participants will be able to earn Goal3’s native tokens fairly by locking a certain amount of capital up for a specified period. In exchange, they will capture the majority of the token initial circulating supply.
Goal3 token economics utilizes an escrow system, which aligns the incentives of core stakeholders and creates a self-sustaining flywheel of liquidity.
Goal3 uses 2 tokens to manage its utility and governance:
$GOAL3 — ERC-20 utility token
$xGOAL3 — ERC-721 governance and value-accruing token
When users lock up $GOAL3 for $xGOAL3, they receive 75% of the revenue generated by the sportsbook. As $GOAL3 has a capped supply, an increase of locked positions makes the token deflationary.
With the first lockdrop and an eventual airdrop, a majority of the Goal3 initial circulating supply will be in the hands of the community. We believe this is a noval launching mechanism that prioritizes fair distribution of tokens.
Overall, we see the lockdrop as an integral part of our growth strategy and a powerful tool to achieve our vision of building a decentralized sportsbook that empowers users and rewards long-term participation. The approach see us slowly scale from our initial launch to an establishment of a decentralized, community-owned sportsbook with deep liquidity on the zkSync network.
The lockdrop mechanism is a unique way for Goal3 to both incentivize long-term holding of its native token and encourage liquidity provision on the sportsbook launch on the zkSync Era Mainnet.
By requiring participants to lock up capital for a certain period, we are effectively bootstrapping the liquidity for the sportsbook in a transparent and decentralized manner. This mechanism aligns with our goal of creating a sustainable permissionless sportsbook that benefits all stakeholders, including users, investors, and the broader community.
As Goal3 is now ready to onboard millions of users on zkSync Era Mainnet, we are giving the chance for our early supporters and community members to participate in this exciting new chapter.
Participants will be able to earn Goal3’s native tokens fairly by locking a certain amount of capital up for a specified period. In exchange, they will capture the majority of the token initial circulating supply.
Goal3 token economics utilizes an escrow system, which aligns the incentives of core stakeholders and creates a self-sustaining flywheel of liquidity.
Goal3 uses 2 tokens to manage its utility and governance:
$GOAL3 — ERC-20 utility token
$xGOAL3 — ERC-721 governance and value-accruing token
When users lock up $GOAL3 for $xGOAL3, they receive 75% of the revenue generated by the sportsbook. As $GOAL3 has a capped supply, an increase of locked positions makes the token deflationary.
With the first lockdrop and an eventual airdrop, a majority of the Goal3 initial circulating supply will be in the hands of the community. We believe this is a noval launching mechanism that prioritizes fair distribution of tokens.
Overall, we see the lockdrop as an integral part of our growth strategy and a powerful tool to achieve our vision of building a decentralized sportsbook that empowers users and rewards long-term participation. The approach see us slowly scale from our initial launch to an establishment of a decentralized, community-owned sportsbook with deep liquidity on the zkSync network.
The lockdrop mechanism is a unique way for Goal3 to both incentivize long-term holding of its native token and encourage liquidity provision on the sportsbook launch on the zkSync Era Mainnet.
By requiring participants to lock up capital for a certain period, we are effectively bootstrapping the liquidity for the sportsbook in a transparent and decentralized manner. This mechanism aligns with our goal of creating a sustainable permissionless sportsbook that benefits all stakeholders, including users, investors, and the broader community.
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