KAT

KAT is required to create any activity on BitSphera.

Mint

The KAT is minted at the Token Generation Event (TGE), with a total of 1,000,000,000 KAT. Allotted as follows:

• 70% will be sold to build the system.

• 20% pay for IDO service.

• The remaining 10% goes to the founders.

Reward

1 KAT will be rewarded to users when they are active for at least 2 hours a day (Called Baseline Activity-BA). Every 2 hours more activity than BA, the amount of KAT received will increase by arithmetic progression with the difference is 0.03. Whenever a user is active for less than 2 hours the next day, The Kat they gain every two hours goes back to 1.

Governance

Users can create any new activity on the ecosystem from challenge matches, and betting to a new sub-dApp game such as tennis, baseball... or even a parallel dApp that measures HPC through labor as long as they have enough KAT.

Amount of KAT needed to initiate the activity

+ Bet: 20 KAT + Battle: 30 KAT + Club Competition: 1.000 KAT + Team tournament: 5.000 KAT + Superstar challenges: 20.000 KAT + Skill-Pool Games: 20.000 KAT + Event:

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.