Tokenomics
WickPlay does not have a token today.
WickPass
A WickPass gives its holder access to the mainnet private beta without an invite. It also boosts points earned from eligible wagers.
You can also get private beta access through an invite. Invite access does not require a WickPass.
Planned token generation event
WickPass holders will be able to burn eligible passes for a token allocation at the planned token generation event, or TGE. This allocation mechanism is future functionality and is not available now.
The current WickPass contract already supports burning the NFT. That burn function destroys the pass. It does not issue tokens, record a TGE allocation, or start a token claim. Do not burn a pass for TGE allocation before WickPlay publishes the allocation rules and claim process.
Burning a WickPass is permanent. A burned pass no longer provides access or a points boost. Access can still come from another held pass, a referral, or a valid invite.
Before a token generation event starts, WickPlay will publish:
- the token contract address;
- the number of tokens available for each WickPass;
- eligibility rules;
- start and end dates;
- the burn and claim contract addresses.
No token claim is active. No token, TGE date, or allocation amount is specified here.
Points
Points record activity in the WickPlay program. You can earn them through trading volume and qualified referrals. WickPasses can increase the points earned from eligible activity.
Points are not tokens. You cannot transfer or sell them, and they do not guarantee an allocation in a token generation event.
Pool shares are internal settlement-accounting units for deposited USDG. They are not a transferable WickPlay token and do not create a token claim.