🪙HWT Token

Honor World Token (HWT) is the governance token of the Honor World platform and the utility token of the games. As an essential part of the economic model of Honor World, HWT is a special reward for players who actively interact with our products and game developers who contribute to the ecosystem.

Concept description	Item Detail
Name	Honor World Token
Symbol	HWT
Blockchain platform	Arbitrum One
Standard	ERC-20
Total supply	1,000,000,000

Token Release

Time	Proportion	Amount
1st year	40.00%	400,000,000
2nd year	22.50%	225,000,000
3rd year	17.50%	175,000,000
4th year	12.50%	125,000,000
5th year	7.50%	75,000,000
The total	100.00%	1,000,000,000

Token Allocation (First Year)

The first year's token allocation is as follows

Allocation	Proportion	Amount	Description
Community	51%	204,000,000	Mined from NFT farming reward of Honor Farm, and the leaderboard reward of the game. Tokens not mined will be burned.
Market	6%	24,000,000	Vesting linearly in one year. Tokens will be used on demand, unused will be burned.
Ecosystem	16%	64,000,000	Vesting linearly in one year. Tokens will be used on demand, unused will be burned.
Strategic Partner	9%	36,000,000	Vesting linearly in one year. Tokens will be used on demand, unused will be burned.
Team	18%	72,000,000	With the mining of community tokens, the team tokens will be released proportionally.
Total	100%	400,000,000