$TIDE
Governance Token
TIDE is a governance token used by the Tidal Flats platform. TIDE is the ecosystem token for the Tidal Flats studio, giving holders the right to participate in the running of the studio and its games. The studio will introduce a governance voting system to the Tidal Flats ecosystem, allowing users who hold and stake $TIDE tokens to make their voices heard by voting on proposals for the ecosystem.
Staked $TIDE tokens will be valued as votes and will have a strong influence proportional to the amount of $TIDE staked. $TIDE can be earned through purchasing on an exchange platform now. More earning mechanisms for $TIDE will be developed.
Sale: Tidal Flats Studio has secured funding in a private sale of $TIDE to strategic investors spanning the 2022-23 period. This allocation will be locked for a duration of 1.5 years.
Team & Advisors: Tidal Flats Studio, the brains behind Fidelion and MegaRoad, are incentivized to continue their innovative work after a successful token sale. This commitment is bound for 2 years.
$TIDE will soon be migrated to the Solana chain, and a governance system will be built afterward.
The $TIDE token can be used to purchase NFTs or other tokens, random boxes, and merchandise through the marketplace provided by Tidal Flats. Users who use $TIDE tokens will receive benefits such as being able to purchase goods at a discounted price.
The followings are examples of various uses which $TIDE will be utilized for:
Participation in game-related governance
Purchase Tidal Flats merchandise
Burning Token (Deflation)
The $TIDE token can be burned through the various activities. (TBA)
