# Tokenomics

We want to be transparent as possible with the tokenomics we put in place, both for investors to know their money is safe, and for gamers to know exactly what kind of rewards they stand to make.

Below we have detailed an outline of what we plan to put into place for our tokens Buy/Sell tax, allocation of the total supply, and an explanation of where money put into the game goes after purchasing items such as LootCrates.&#x20;

<table><thead><tr><th width="265.53935302738137">Tax</th><th width="214.27444123652703">Buy 10%</th><th>Sell 12%</th></tr></thead><tbody><tr><td>Player Rewards Pool</td><td>4%</td><td>5%</td></tr><tr><td>Marketing</td><td>2%</td><td>3%</td></tr><tr><td>Holder Reflections </td><td>2%</td><td>2%</td></tr><tr><td>Liquidity</td><td>2%</td><td>2%</td></tr></tbody></table>

| Total Overall Supply      | 200,000,000 MGXY |
| ------------------------- | ---------------- |
|                           |                  |
| Private Sale Supply       | 6,000,000 MGXY   |
| Private Sale Hard-Cap     | 200,000 USDC     |
| Private Sale Rate         | 30 MGXY/USD      |
| Min-Max Per Person        | $150-$1500       |
|                           |                  |
| Launchpad Pre-Sale        | 20,000,000 MGXY  |
| Hardcap                   | 800,000 USD      |
| Presale Rate              | 25 MG / USD      |
|                           |                  |
| Target Launch Price       | 22.5 MGXY/USD    |
| Target MC                 | 1,955,555 USDC   |
| Target MC (Fully Diluted) | 8,888,888 USDC   |

| Total Supply Allocations                                                                                                                                  | Amount |
| --------------------------------------------------------------------------------------------------------------------------------------------------------- | ------ |
| Private sale                                                                                                                                              | 3%     |
| Marketing                                                                                                                                                 | 10.00% |
| <p>P2E Rewards Pool Buyback<br><a href="../game-features/gameplay-rewards/pve-gameplay/pve-rewards">(Read more about our flexible rewards system)</a></p> | 10.00% |
| P2E Events/Giveaways/Leader Board Rankings/Competitions                                                                                                   | 10.00% |
| Burn 2% Monthly For First 5 Months                                                                                                                        | 10.00% |
| Staking Rewards                                                                                                                                           | 15%    |
| Team                                                                                                                                                      | 6.25%  |
| Launchpad/ Pre-Sale                                                                                                                                       | 10%    |
| UniSwap Liquidity Pool                                                                                                                                    | 9%     |
| Exchange Wallets/Listings                                                                                                                                 | 16.75% |

## Private Sale Vesting Schedule:

When we have our token public sale, you will be able to swap your private sale tokens at a 1:1 ratio for the official token contract. These swaps will be limited by a vesting schedule, we will allow you to swap up to a maximum of 20% of your private sale tokens, every week after launch.&#x20;

This means it will take you 5 weeks to pull out all of your private sale investment should you wish to sell it.

## Use Of Funds

### Private Sale: 200k

50k Allocated to game development

40k Allocated to team

110k Allocated to marketing&#x20;

### NFT Sale: 10000 NFTS sold for starting at 0.1 ETH Each&#x20;

20% Game Development

50% Marketing

20% Team&#x20;

10% Vault For Unforeseen Costs

When players purchase in game items directly from our website, such as LootBoxes or Season Passes, etc... A rough estimate of how this money will be redistributed is shown below:

Buying with MGXY Tokens:

* &#x20;50% Player Rewards Pool&#x20;
* 50% Future Development (Marketing, Game development ,Buybacks, Unexpected costs)

Buying with Fiat:

* 50 % Player Rewards Pool
* 30 % Future Development (Marketing, Game development ,Buybacks, Unexpected costs)
* 20 % Team Wallet Multi-Sig Locked

As you can see, most of the proceeds from sales go directly back into the player rewards pool, meaning that if people start spending a lot of money on in game items, all player rewards will be bumped up significantly, thus offsetting the effects of "Pay-To-Win".
