Whitepaper Sport Magic
  • About SportMagic
    • Vision and Market
    • Investment
    • Venture
  • About Fortuna (FRT)
    • Market Opportunity
    • Token Overview
    • Tokenomics
    • Utility and Use Cases
    • Staking and Rewards
    • Implementation Plan
    • Security and Compliance
    • Conclusion
    • Appendices
  • About Sport Magic Master Token (MSC)
    • Vision
    • Market Opportunity
    • Key Market Insights
    • Token Overview
    • Core Features
    • Tokenomics
    • Distribution Plan
    • Economic Model
    • Revenue Streams
    • Utility and Use Cases
    • Ownership and Dividends
    • Influence on Development
    • Implementation Plan:
    • Development Timeline
    • Roadmap
    • Security and Compliance
    • Conclusion
    • Appendices
  • Token Overview and Dynamics
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  1. About Fortuna (FRT)

Tokenomics

Fortuna’s tokenomics are engineered to foster a sustainable ecosystem that rewards participants and supports the continuous growth of the SportMagic platform. By aligning user incentives with platform success, Fortuna creates a virtuous cycle of engagement, liquidity, and value appreciation.

Distribution Plan

  • Initial Coin Offering (ICO) — 20% (160,000,000 FRT) Allocated for public sale, providing early adopters with direct access to Fortuna and establishing initial market liquidity.

  • Rewards — 40% (320,000,000 FRT) Reserved for staking and farming incentives, ensuring participants are rewarded for securing the network and contributing liquidity to user-defined betting pools.

  • Development — 20% (160,000,000 FRT) Dedicated to ongoing platform enhancements, AI integration, infrastructure upgrades, and operational costs essential for long-term growth.

  • Team and Advisors — 10% (80,000,000 FRT) Allotted to core contributors and strategic partners, subject to vesting schedules that align their interests with the platform’s long-term success.

  • Reserve — 10% (80,000,000 FRT) Maintained for strategic initiatives, covering unforeseen expenses and future expansion opportunities.

Economic Model

  • Staking Rewards Encourages users to lock up their FRT, thereby reducing circulating supply and potentially uplifting token value. Stakers earn a share of platform revenue and FRT bonuses over time.

  • Farming Rewards Rewards liquidity providers who support the custom betting ecosystem. By supplying capital to decentralized pools, farmers gain additional FRT and aid in stabilizing market liquidity.

  • Buy-Back and Burn A portion of platform earnings is allocated to buying back FRT from the open market and burning it. This mechanism reduces total supply and aims to sustain upward price momentum.

Revenue Streams

  1. Transaction Fees: Collected from user-defined betting activities, including contract creation and settlement.

  2. Platform Earnings: Derived from premium AI services, optional features, and other value-added functionalities that enhance user experience and engagement.

By integrating these tokenomic components with transparent governance and AI-driven oversight, SportMagic positions Fortuna (FRT) as a vital asset in a constantly evolving, community-focused betting environment.

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Last updated 1 month ago

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