Walkers Tokenomics

Content
1. Introduction
2. Walkers eco-system
3. Walkers now
4. Tokenomics Iteration
5. The Future

1. Introduction

Walkers is a Cardano-based NFT project that seamlessly combines GameFi elements . Its innovative “move to earn” model uniquely rewards holders based on the distance they walked. By engaging with the Walkers app, users not only contribute to their own well-being but also immerse themselves in a GameFi experience. Holders of WalkersCNFT are empowered to accumulate XP, earning valuable points that can be exchanged for $WLK tokens and additional partner tokens or coins. Notably, Walkers has been a part of the Cardano ecosystem since its inception on August 28, 2022, and is entirely self-funded.

Walkers is an innovative amalgamation of diverse elements, seamlessly blending artistry, a commitment to a healthy lifestyle, and an engaging GameFi experience.

Collections
WalkPass — 350 supply
Main collection is made up of four distinctive types of characters.
Comic book that is inspired by the lore of the characters, offering further depth to their stories. Furthermore, the music incorporated into the metadata of the cover.

Healthy Lifestyle ( healthy food brands,sport brands,affiliate programs,exercise programs,nutritionist…)

GameFi Experience solving missions and problems that will take you to the year 3030 finding secret treasures in connection with real life ( Augmented reality will take every user in world never seen before )
3D collection limited supply attached to main collection -upgradable traits

Socialisation and community building with everyday activities in marathons,races and tasks solving will build strong community connections and partnerships with other projects that are driving force behind entire Walkers eco-system

2. Walkers eco-system

Engaging in a holistic and immersive experience within the Walkers ecosystem involves various activities designed to promote well-being, community interaction, and economic participation.

Here’s an enhanced description of the functionalities:

• XP Accumulation through Everyday Walking: Users earn XP by incorporating daily walks into their routine, encouraging a healthier lifestyle
• Everyday Task Solving for Community Socialization and Marketing: Participating in everyday tasks fosters community socialization and serves as a platform for effective marketing strategies
• Mission Completion for XP: Engaging in app missions allows users to accrue XP, creating a dynamic and goal-oriented experience
• Marathons and Races for Community Socialization and Marketing: Community-building is facilitated through marathons and races, acting as both a social and marketing initiative.
• Challenges for Motivating Healthier Lifestyles: Challenge features inspire users to lead healthier and improved lives, promoting well-being.
• NFT Boxes/Raffles with $WLK Token Tickets: The utilization of $WLK tokens in NFT boxes and raffles enhances user engagement and participation.
• Bet on Walker with $WLK and Partner Tokens/Coins: Users can wager on Walkers using $WLK and partner tokens/coins, adding a gamified element to the ecosystem.
• Marketplace for Trading with $WLK Tokens: The marketplace enables the seamless trading of all Walker assets using $WLK tokens.
• Mint Boost with $WLK: Users can enhance their experience by utilizing $WLK to mint boosts.
• Mint Revive Drink with $WLK: The option to use $WLK to mint revive drinks adds another layer of reward incentives for users.
• Breeding to Burn Supply of Main Collection: Breeding activities contribute to the controlled reduction of the main collection’s supply, enhancing its scarcity.
• Exercise Programs for Health Motivation: Tailored exercise programs motivate users to adopt healthier lifestyles.
• Nutritionist Services for Health Motivation: Access to nutritionist services encourages users to prioritize their health and well-being.
• IRL Partnerships for Discounts and Affiliate Programs: Real-world partnerships with healthy food and sports brands provide discounts and affiliate programs, rewarding Walkers holders.
• Stake $WLK for Additional Rewards: Staking $WLK tokens offers users additional rewards, fostering economic participation within the Walkers ecosystem.

3. Walkers Now

Walkers proudly unveiled the MVP version of its app on August 28, 2023.
Getting Started and Earning with the App

Android users can access the app through the following link: Walkers on Google Play, while iOS users can find it on the App Store here.

The Walkers MVP app is currently in a testing phase, exclusively available for WalkPass holders. Actively seeking feedback from these users, we continuously refine and develop the app based on their valuable suggestions.
This iterative process results in regular updates, with the latest version, V.1.6, that will be released on November 20. Comprehensive details about these updates can be found on the Walkers website: https://walkerscardano.xyz/ .
Notably, this version introduces the integration of the DexHunter swap option for all Walker holders, enhancing the overall user experience.

Additionally, on November 21, the Walkers app will open the minting of electricity generators.
This milestone marks the commencement of usage for holders of partnership projects, further expanding the utility and reach of the Walkers ecosystem.

4. Tokenomics Iteration

In crafting the tokenomics and shaping the entire in-app economic framework, we have worked with Noma Tokenomics.
Collaborating closely, Noma Tokenomics has meticulously crafted a comprehensive document for the audit of Walkers’ tokenomics. This audit encompasses:

• Competitor analysis
• Review the token flow
• Supply and demand sensitivity analysis
• Identify monetary policy levers
• Token distribution & allocation
• Token utility analysis
• Stress test & recommendations report

Stepn Analyses

• You only earn when you have an NFT (digital sneakers) and move outdoors with GPS

With Stepn, we saw the dangers of over inflation when price of the token is driven by demand from addition of new users.

Create sustainable levers to maintain it stable so that buyers do not expect only return and look for net positive sinks (in addition to negative sinks).

• Stepn relied on new users to enter the economy and purchase NFT using the tokens, thus creating demand for the tokens. When demand from new users dipped, the existing users were still earning tokens and supplying tokens to the market, which crashed the price of the token.
• Axie Infinity on the other hand is a good example of unintended consequences. The high barrier to entry (which rose as high as $350) at a point led to the creation of guilds with rent seeking behaviour. NFT owners earned tokens from their ‘investments’ without actively participating in the economy and sold their tokens on the market. The supply outstripped the demand, which led to a crash in the price.

During the $WLK presale, 10% of the token supply will be offered for purchase using partner tokens/coins, thereby establishing initial pools within the reward wallet to fortify the Walkers ecosystem.

The expansion of the Walkers user base relies significantly on the active involvement of partnership project holders. By engaging in the Walkers economy, they contribute to sustainable growth, mitigating the risks associated with over inflation.

Each partnership project holder has the opportunity to mint an ELECTRICITY GENERATOR at an exceptionally affordable price of 10 ADA plus 25 ADA (in partner tokens/coins). This participation directly contributes to the Walkers reward pool, which is distributed concurrently with the distribution of Walkers tokens when users reach level 5. The percentage distribution of partner tokens/coins aligns with that of $WLK, contingent on the points earned in the app.

Every user of the Walkers app stands to earn rewards in the form of ($WLK + partner tokens/coins) based on the points accrued within the app. The strategic utilization of $WLK across various aspects of the Walkers ecosystem creates negative sinks, ultimately feeding back into the reward wallet.

The Walkers app provides users with diverse avenues to gain XP, extending beyond walking alone. As users progress through levels, they accumulate points, fostering a dual eco-system economy. At each level, users can exchange earned points for alternative rewards or swap for a combination of $WLK and partner tokens/coins.

The $WLK token serves a versatile role, allowing users to stake for additional $WLK rewards or partake in the various utilities embedded within the expansive Walkers ecosystem. This multifaceted approach ensures a dynamic and engaging experience for users within the Walkers community.

Token demand

Reward startegy

Walkers Based Rewards — Opportunities where users will earn $WLK tokens and XP points.
Dual Walkers-Partner Based Rewards — Opportunities where users will earn both $WLK Tokens and Partner rewards.

Rewards distribution

Every partner token has it’s own pool and the monthly distribution can be decided on a case-to-case basis because the supply and availability is very dynamic

Monthly Reward Pool

Token supply

• Private presale — 4,2% — 50% discount — 6 months vesting
• WalkPass holders presale — 2,5% — 30% discount — 3 months vesting
• WalkPass holders presale — 3,3% — 10% discount
• WalkList presale — 7,2%
• Rewards — 47,8% — 60 months vesting
• Airdrops 1 — 1% — 12 months vesting — WalkPass holders
• Airdrops 2 — 1% — 6 months vesting — $WLK holders
• Developments — 3% — 24 months vesting
• LP — 15%
• Farming — 5%
• Partnerships — 5% — 24 months vesting
• Marketing — 5% — 24 months vesting

Circulating Supply at Launch — 6,888,750,000
Free at TGE — 12,53%

Emission and Inflation

Token rounds and valuation

5. The Future

WalkersCNFT is currently undergoing dynamic development, guided and shaped by the active participation and governance of our vibrant Walkers community. While the Walkers main product, the walking app, is currently in its MVP version, our overarching vision extends beyond its current state. We envision Walkers expanding onto other blockchains, with the ultimate goal of fostering mass adoption on Cardano.

Cardano stands as a blockchain platform designed for change-makers, innovators, and visionaries. It equips users with the necessary tools and technologies to not only empower the few but also create opportunities for the many, fostering positive global change.

Our conviction lies in the belief that Cardano will undergo continuous evolution, and we are enthusiastic about actively contributing to this evolution through our ongoing developments. By choosing to grow and build on Cardano, we position ourselves to be integral contributors to the platform’s growth, aligning with our commitment to positive global impact and innovation.

DISCLAIMER

Information in this article does not constitute a distribution, an offer to sell or the solicitation of an offer to buy assets or products in any jurisdiction in which such an offer or invitation is not authorized and or would be contrary to local law or regulation. Any offering is made only pursuant to the relevant subscriptions application, all of which must be read in entirety. No offer to purchase assets will be made or accepted prior to receipt by the offeree of these documents and the completion of all appropriate documentation.

VCNFT Invest keep the rights to make changes to this article. Project is in process of development and everything that this article contains can be changed. Development process can evolve. This article is important to understand what WalkersCNFT is and what we are developing. Note that all plans can be subject to change. For every bigger change Walkers holders help with the governance via voting mechanisms.