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unRevealed White Paper
  • unRevealed White Paper
    • Disclaimer
  • Executive Summary
    • What Is unRevealed?
      • unRevealed Ecosystem
      • unRevealed Economy
    • Blockchain Gaming
    • The Road Ahead
      • Q1 2022
      • Q2 2022
      • Q3 2022
      • Q4 2022
      • 2023
  • unRevealed Platform
    • unRevealed
      • Why Play?
      • How It Works
      • How To Join
      • Environment
        • Natural Resources
        • Flora
        • Fauna
      • Characters
      • Shelter
      • Game Items
      • Combat
      • Multiplayer
        • Nations
        • Houses
        • P2P Exchange
        • unRevealing
        • Identity and Communication
    • Marketplace
    • Governor's Council
    • Technical
      • Development
      • Blockchain
      • Amazon Services
  • Blockchain and Tokens
    • unRevealed and Blockchain
    • unRevealed Tokens
      • Binance Smart Chain (BSC)
      • UNRV
      • RVLD
    • Tokenomics
      • Crowdsales
        • Crowdsale 1
        • Crowdsale 2
        • Crowdsale 3
      • Liquidity
      • Team
      • unRevealed Treasury
      • unRevealed Well
      • Marketing
      • Reserve and Burn
  • unRevealed.app
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  • unRevealed Reserve
  • Burn
  1. Blockchain and Tokens
  2. Tokenomics

Reserve and Burn

100,000,000 UNRV and 50,000,000 UNRV will be reserved for Company Reserve and Burns respectively. Both of these accounts are planned to remain cold and unused unless the need arises.

unRevealed Reserve

unRevealed holding emergency UNRV reserves is incredibly important for the lasting stability of the unRevealed ecosystem. In the event of any unforeseen issues - unRevealed will be able to provide liquidity and/or mend any issues or problems encountered by the unRevealed platform. While we don't anticipate ever having to using the reserve - the safety net it provides to our entire community cannot be overstated.

These tokens will be locked in a cold wallet to remove them from circulation.

Similar to the unRevealed Platform account - the goal is to progressively decentralize control over the unRevealed Reserve to the Governor's Council. Our goal, as always, is to allow our community as much control over the project as possible in a progressive and productive manner.

Burn

There are numerous arguments for or against the systematic burning of tokens. One of the largest issues we will avoid entirely: unRevealed will not schedule any token burns within 12 months of the token's launch. We're doing this primarily because many projects attempt to hide large investors with large token burns which can skew the appearance of a token's market cap and circulating supply.

unRevealed does want to reserve the ability to burn tokens for the positive effects it has on the token's value. 50,000,000 UNRV will be locked in a cold wallet for this purpose. Any and all scheduled token burns will occur only with the consent of the Governor's Council.

At this point - we have no plans in place for a scheduled burn.

These guidelines will have no effect on the regular burning of UNRV to mint RVLD.

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Last updated 3 years ago