Aree Shards (AES) token plays a critical role of being both the key monetary token and governance token of Aqua Farm. AES token is a fixed deflationary token, which is designed to reward and incentivize players and token holders.
AES token, which is planned for the use of governance and key payment, is closely related to the Aqua Farm ecosystem. Because the asset value of AES tokens in the game is very important, 1,000,000,000 AES tokens issued to maintain a stable token ecosystem will be unlocked according to the predetermined schedule as follows.
As tokens are not further issued over the first billion, the value of the AES token increases in accordance with the number of players.
Token Allocation and Unlock Schedule
AES will be subject to a pre-determined schedule for unlocking, which will span over a period of 60 months from the date of the public sale. The initial circulating supply is determined to be 162,966,000 AES, which represents 16.30% of the total token supply.
PURPOSE
TOTAL SUPPLY
%
Private Sales
30,000,000
3%
Pre-sales
50,000,000
5%
Partner & Advisor
30,000,000
3%
Development fund
60,000,000
6%
Team
180,000,000
18%
Liquidity
120,000,000
12%
Marketing
30,000,000
3%
Ecosystem fund (Staking)
300,000,000
30%
Ecosystem fund (Play-to-Earn)
200,000,000
20%
TOTAL
1,000,000,000
100%
Overview - Token Sale (8% of the total token supply)
Private Sale
Type
Amount
% of total supply
Private Sale
30,000,000
3%
We raised about $328,000 in a private sale of AES to individual investors in the middle of August, 2022. All distributed AES tokens are locked up according to the conditions below.
prior to the listing of the tokens on any of the initial third-party exchanges, thirty percent (30%) of the total number of tokens shall be subject to unlock.
Subsequently, after a period of six months (6 months) from the token listing on any of the initial third-party exchanges, an additional thirty percent (30%) of the total number of tokens shall be unlocked.
Furthermore, after a period of twelve months (12 months) from the token listing on any of the initial third-party exchanges, an additional forty percent (40%) of the total number of tokens shall be unlocked.
Once the Tokens are released, they can be traded in third-party exchanges or individually.
The company may not know the exact listing date if exchanges don’t inform the company.
Tokens may be released in random to prevent releasing large amounts all at once.
Locked up schedule can be changed for the price protection and/or market stability of the Tokens by the company.
Pre-sales
Type
Amount
% of total supply
Pre-sales
50,000,000
5%
From April to May 2023, we successfully secured funding for our further developments and operations through Initial Exchange Offering (IEO) and Initial Decentralized exchange Offering (IDO). The remaining quantity allocated for the IDO/IEO was burned in 2 times.
All distributed AES tokens are locked up according to the conditions below.
prior to the listing of the tokens on any of the initial third-party exchanges, thirty percent (30%) of the total number of tokens shall be subject to unlock.
Subsequently, after a period of six months (6 months) from the token listing on any of the initial third-party exchanges, an additional thirty percent (30%) of the total number of tokens shall be unlocked.
Furthermore, after a period of twelve months (12 months) from the token listing on any of the initial third-party exchanges, an additional forty percent (40%) of the total number of tokens shall be unlocked.
Once the Tokens are released, they can be traded in third-party exchanges or individually.
The company may not know the exact listing date if exchanges don’t inform the company.
Tokens may be released in random to prevent releasing large amounts all at once.
Locked up schedule can be changed for the price protection and/or market stability of the Tokens by the company.
Overview - Dev & Ops (42% of the total token supply)
Partner & Advisor
Amount
% of total supply
Unlock Schedule
30,000,000
3%
Over 3 years
This fund aims to enhance the project's sustainability by injecting significant resources that can serve as a powerful force in supporting its long-term success.
Development fund
Amount
% of total supply
Unlock Schedule
60,000,000
6%
Over 3 years
The fund is utilized to cover various expenses incurred during development, including research and development costs, server expenses, program subscription fees, and resource acquisition costs.
Team
Amount
% of total supply
Unlock Schedule
BeSoft - 100,000,000
10%
Over 5 years
The Mars Corp - 80,000,000
8%
Over 5 years
BeSoft and The Mars Corp. are the developer and publisher teams behind Aqua Farm, respectively. It is important for both teams to remain incentivized to continue building the project after a successful token sale. To ensure this, the majority of the allocated supply has been locked up, aligning the interests of the teams and the community. This will enable the project to continue growing and providing benefits for everyone involved.
Liquidity
Amount
% of total supply
Unlock Schedule
120,000,000
12%
Instant Unlock
The purpose of liquidity pools is to address the issue of illiquidity in markets by motivating users to contribute cryptocurrency liquidity in exchange for a portion of the trading fees.
Marketing
Amount
% of total supply
Unlock Schedule
30,000,000
3%
Over 2.5 years
We allocate the above amount of tokens with the objective of increasing awareness of our project, connecting with gamers from across the globe, and offering them a diverse range of enjoyable web3 experiences.
Overview - Ecosystem (50% of the total token supply)
Ecosystem fund (Staking)
Amount
% of total supply
Unlock Schedule
300,000,000
30%
Over 3 years
As a member of Aqua Farm's community, players can stake their own PODO tokens for a certain period of time to share their vision and participate in maintaining a stable tokenomics ecosystem. Staking PODO tokens receive a certain amount of AES tokens as a reward according to the reward policy.
Ecosystem fund (Play-to-Earn)
Amount
% of total supply
Unlock Schedule
200,000,000
20%
Over 3 years
Our vision for this play-to-earn allocation involves incentivizing specific behaviors that are essential to the growth of our ecosystem. We aim to reward those who actively contribute to the community, as well as those who showcase their commitment to our platform through their actions.
