Super Champs to Launch CHAMP Token on Base Network
Crypto gaming franchise Super Champs is gearing up to introduce its very own token, CHAMP, on Coinbase’s Ethereum layer-2 network, Base, on Wednesday, November 20 at 7am UTC.
Super Champs, known for its anime-inspired mobile gaming franchise, has already released two popular games, Racket Rampage and Bullet League. In addition to these games, the franchise also features an NFT collection, a comic book, and more.
CHAMP is poised to become the primary currency within the Super Champs ecosystem, allowing users to purchase assets such as NFTs, cosmetics, and subscriptions. The token will also play a pivotal role in season-based rewards programs offered by the franchise.
The launch of the $CHAMP token on Base represents a shift towards community fair launch models in the crypto space. Super Champs has allocated a significant portion of the token supply towards community rewards, ecosystem development, and investor incentives. As outlined in the white paper, these allocations will gradually unlock over a 60-month period.
Furthermore, CHAMP is designed to function as a governance token, enabling holders to participate in decision-making processes within the Super Champs ecosystem. It is anticipated that token holders will have the opportunity to vote on proposals through a decentralized autonomous organization (DAO).
Aerodrome, a decentralized exchange, has been announced as a partner for the CHAMP token launch. This partnership suggests that Aerodrome will be the primary platform for users to acquire CHAMP tokens.
With the upcoming launch of the CHAMP token, Super Champs is set to further engage its community and enhance the gaming experience for players. Stay tuned for more updates on this exciting development.
This article was edited by Andrew Hayward.