Ecosystem Tokens
The My Pet Hooligan ecosystem and The Rabbit Hole play-to-earn game will be powered by the $Karrot token. The $Karrot token is an ERC-20 token that will be solely for use in the My Pet Hooligan ecosystem.
There is a wide variety of ways that genesis NFT holders and players will be able to earn and use $Karrots in the MPH ecosystem, such as staking, locking, play-to-earn games, claims and more.
Use cases will also include the ability to access exclusive experiences, collect items and perks in the in-game marketplace and minting of future NFT drops including ‘The Others’ as well as other activiations in Phase 1 and subsequent phases of the My Pet Hooligan roadmap.
$Karrots will have a fixed total supply of 1,000,000,000.
Synthetic Karrots or "S-Karrots", are on chain values that live in the metadata of each individual Hooligan. S-Karrots begin to accrue once a Hooligan has been staked, at rates specified in the Token Distribution section of the Orange Paper.
You will get the ability to stack S-Karrots which will be convertible for the $karrot ERC20 token during the Token Generation Event, closer to Season 1 of the Rabbit Hole game release. S-Karrots will also allow you to claim future NFT Drops, merch, token claims, admission to events, alpha and more that will be revealed over the course of time.
Last modified 9mo ago