Tokenomics

The BINGO Token powers every transaction and reward on the NFTBingo platform. It fuels gameplay, staking, governance, and the economy of ownership.

Token Utility

  • Entry fees for bingo games (USD-pegged buy-ins).
  • Reward payouts for winners and jackpots.
  • Governance participation for protocol upgrades.
  • Staking rewards for NFT card owners and liquidity providers.

Token Distribution

  • 40% – Game rewards and player incentives
  • 20% – Development and ecosystem growth
  • 20% – Liquidity and staking pools
  • 10% – Founding team & advisors (vested)
  • 10% – Community treasury & partnerships

Deflationary Model

A portion of every game fee is burned to reduce total supply over time, ensuring long-term scarcity and value stability. The burn rate dynamically adjusts based on network activity and jackpot size.

NFTBingo operates on the Polygon network for fast, low-cost, and eco-friendly transactions.