SLM
SLM is the internal play and earn token for the SLM.Games app. It has an unlimited supply and is earned by playing games in the app.
When users consume SLM or upgrade their NFTs in the app, the tokens are burned. This means that the overall supply of SLM will decrease over time, potentially increasing its value for users who hold onto their tokens.
Token Definition
Symbol: SLM
Total supply: unlimited
Token Distribution
SLM token is issued on all the chains with a unlimited supply
There is NO pre-mine distribution, NO pre-sale, NO ICO of SLM token
Team hold ZERO SLM token, all users start on the same line.
Token Issuance Mechanism
SLM token is only issued to users who is playing SLM.Games.
Basic release is 0.1 SLM per USD wagered.
As your Miner NFT+ level increases, it can be increased to 1 SLM per USD wagered.
Token Burning Mechanism
SLM token can be used to upgrade your NFT+
SLM also can be used to open Luckybox to get reward on SLM.Games website
All used tokens will be burnt
In the future, other mechanics will be used to burn SLM tokens
SLM.Games does not sell SLM directly to players, users mine tokens themselves, use them in the website, and can sell/exchange them on open marketplaces.
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