Wonderman Nation WNDR Tokenomics review

Greetings, Wonderman Nation!

A few days ago, we launched our $WNDR token on Gate.IO, Huobi and PancakeSwap! Despite the bloody crypto market, the $WNDR launch was smooth, and we are grateful for the support of our community and excited to be now fully focused on delivering a spectacular game!

Welcoming all of you as token holders, we have prepared this article to recap the tokenomics of $WNDR, its distribution, and the vesting schedule!

Let’s get started!

General Overview

WNDR tokens are unlocked in a predetermined schedule that lasts 69 months from launch. The initial circulating supply is 7,000,000 WNDR (excluding exchange liquidity) — 1.4% of the total supply.

Here are the detailed tokenomics, issuance schedule, and token launch metrics.

Private Sales (13.04%)

There were three private sale phases: Private Sale 1, PTTP, and Private Sale 2. As part of Wonderman Nation’s token sale, we provided access to the private token round to a cohort of ‘very early adopters’ to help us bootstrap our community growth, and connect with grassroots networks and influencers.

While you may need to be already familiar with the concept of private sale funding rounds for gaming and crypto projects, you may not exactly know what PTTP is.

PTTP stands for Private to the Public. Our PTTP (Private to the Public) token round was a unique opportunity for ‘very early’ public adopters to access a parcel of the private round tokens at the private token round price, in exchange for assisting the project to grow its pre-launch user base, and assist the team with community management and influencer outreach. The PTTP round has a maximum purchase cap per participant, but doesn’t have a minimum cap. Any tokens remaining after the close of the sale will be incorporated into the private sale 2 round.

Not all of the private sale allocation tokens were sold. Rather, they were used on initial marketing expenses to get us up and running smoothly on not one, but two, top tier exchanges — Gate and Huobi — at launch. Private sales terms were as follows:

• $0.066 for Private 1
• $0.077 for PTTP and Private 2.

We raised around $1.6m during all of these private sales.

The private sale was designed for participants who are long-term backers, therefore we were able to agree on a vesting schedule to reflect that commitment. They will be supporting Wonderman Nation as we progress through multiple game development milestones in the future, and they will be accessing the vested tokens throughout this journey. In all, the private sale tokens will be all fully vested after 30 months.

Public Sales (2.6%)

Around $1.4 million was successfully raised from three leading GameFi launchpads. Polkastarter led this round of our public sale with a $800,000 IDO that sold out in about an hour.

The dates for the public sales held on the three launchpads were as follows:

• Chainboost (April 21st, 2022)
• Polkastarter (April 28th, 2022)
• Blokpad (April 28th, 2022)

All launchpad participants will have the same vesting schedule. At TGE, 25% of the allocation was released. Every three months for nine months, 25% allocation will be released.

The maximum allocation per participant was $500 across all launchpads. This enabled us to distribute access to $WNDR tokens across a large base of GameFi enthusiasts.

Team and Treasury

The Team and Treasury parts of our token distribution are subject to a 66-month vesting schedule. We provide details for each bucket below. These tokens will be used to incentivize and develop the Wonderman Nation ecosystem.

Play-To-Earn: 21% of the total supply

Unlock schedule: Locked at TGE. 2.5% unlock every three months for the first three unlocks, 5% unlock every 3 months for 66 months

We envision using the play-to-earn a portion of the issuance to reward key behaviors within our ecosystem, such as:

• Competing in Wonderman and winning matches.
• Winning tournaments.
• Using the Alt Shift NFT marketplace.
• Breeding Creatures.
• Using future Alt Shift products that haven’t been announced yet.

‌The Play-to-Earn allocation can be seen as a budget to drive growth for the Wonderman ecosystem. When specific game modes and products are ready to be promoted, their play-to-earn allocation could be increased.

Staking Rewards: 16% of Total Supply

Unlock schedule

Locked at TGE. Gradually unlock every three months for 66 months.

These rewards initially start out high to incentivize user growth and gradually decline as Wonderman reaches maturity. WNDR staking rewards will be escrowed for one year from when they are claimed and can be vested once the escrow period has concluded.

Ecosystem Fund: 21% of Total Supply

Unlock schedule

Locked at TGE. 5% linear unlock every three months for 60 months

The principles for the allocation are as follows:

• Clear value added to the broader Wonderman community
• KPIs and goals that unlock funds (if applicable)

As time passes, the ecosystem fund will be integrated into the DAO, and stakers will be able to vote on who should receive funding.

Team and Advisor: 23% Total Supply

Unlock schedule

Locked at TGE. 5% linear unlock every three months for 69 months, starting in month 12.

Exchange Liquidity (3%)

Unlocked at TGE