Tokenomics

Gritti is powered by a dual token system, with the in-app currency GRI having unlimited supply and a governance token called GRT with a fixed supply of 7 billion tokens.

Definition

In-app Token: GRI (Great Resilient Incentive)

Governance Token: GRIT (Great Resilient Incentive Turbo)

In-app Token: GRI (Great Resilient Incentive)

Governance Token: GRIT (Great Resilient Incentive Turbo)

GRI

GRI is an in-app token with unlimited supply and can be earned throughout different game modes within the app.

GRI burning mechanism

  • Gamification: Sneaker NFTs/Sneaker Components upgrading, Sneaker Minting, game modes participations, repairs, etc.;

  • Whitelisting and purchasing of special products

  • Event participation rights

  • More to come

GRIT

GRT is a governance token with a limited supply of 7,000,000,000.

GRIT vesting

Private sale: 12 months after TGE and unlocked on an equal basis monthly for 36 months

Team: 18 months after TGE and unlocked on an equal basis monthly for 36 months

Advisors: 15 months after TGE and unlocked on an equal basis monthly for 36 months

GRT burning/use case mechanisms

  • Gamification: Sneaker NFT upgrading

  • Runner Co-op related: Runner Co-op governance; launch Runner Co-op;

  • Launch ecosystem wide events

  • Whitelisting and purchasing of special products

  • Content/product creation

  • Voting

  • MCS related burns

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