KAT - Key Access Token
KAT is required to create any activity on BitSphera.
Mint
The KAT is minted at the Token Generation Event (TGE), totaling 66.000.000 KAT. Allotted as follows:
10% risk reserve.
The remaining 20% goes to the founders.
Reward
Users are rewarded with 1 KAT for diligently completing the daily 2-hour Baseline Activity (BA) by playing TitĂŁ on BitSphera. This reward increases by 0.03 KAT for each consecutive day of completed BA, establishing a progressive incentive system through arithmetic progression. Any day without meeting the 2-hour requirement immediately resets the reward to the baseline 1 KAT.
Create Activity
Users can create any new activity on the ecosystem from challenge matches and betting as long as they have enough KAT as follows: + Bet: 2 KAT + Battle: 3 KAT + Club Competition: 100 KAT + Superstar challenges: 500 KAT + Skill-Pool Games: 2,000 KAT + Team tournament: 5,000 KAT + Event: 10,000 KAT
Decentralization
Users can use HPC to vote against any activity they don't want to happen on the platform. Consensus Mechanism
Fundraising
30% of KAT obtained when users unlock activities will be transferred to the BitSphera fund.
Burning
70% of KAT obtained when users unlock activities will be burned.
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