TokenWars is a platform that aims to merge token-driven battles and prediction markets, using social media engagement to foster community participation. ^{[1] [2]}

Overview

TokenWars is a decentralized platform that aims to integrate social media dynamics with cryptocurrency competition, providing a framework where tokens and their communities engage in structured battles. Tokens are nominated and, upon acceptance, their communities stake assets, accumulate points, and participate in live events.

The platform focuses on strategic staking, boosting mechanisms, and community involvement, using the $TWK token to support engagement and rewards. ^{[1] [2] [3]}

Gameplay

Life Cycle of a battling token

TokenWars aims to guide tokens through several stages during battles. After approval and community staking, tokens are paired using AI for competition. Following an announcement, participants prepare by accumulating tokens and receiving boosts. During the battle, communities compete, and rewards are distributed to winners. Losing participants recover risk-free stakes, while other assets are forfeited. After the battle, tokens return to the approval stage for future participation. ^{[4] [5]}

Flow

TokenWars aims to guide tokens through multiple stages. After approval, community backers stake tokens to accumulate points. Once enough points are gathered, the token becomes eligible for battle. Battle details are announced, and supporters can opt into team boosts.

During the battle, participants stake tokens and apply boosts to accumulate points and compete for a share of the opposing token’s prize pool. After the battle, rewards are distributed based on stakes, and the losing side’s assets are allocated according to established rules. ^{[4] [6]}

Points

In TokenWars, points are used to measure contributions in token battles, typically valued at 1 USD per point. Points are generated through staking tokens and can be enhanced through personal or team boosts. The total points in a pool may exceed the staked amount due to these boosts. The outcome of the battle is based on the total points accumulated from stakes and boosts. ^{[4] [7]}

Rewards

The platform aims to distribute rewards to the winning community, granting them the opposing community’s staked tokens, minus a 10% deduction. Users are eligible for rewards based on the personal points they accumulate, with higher rewards given for boosted stakes.

The "Battle Perk Pass," available through $TKW tokens, aims to offer discounts for stake boosting and enhanced chances in monthly distributions. Rewards are allocated according to the personal points contributed, while losses result in the forfeiture of staked tokens and non-refundable boosts. ^{[4] [8] [9]}

Architecture

TokenWars aims to provide a flexible architecture, utilizing a React and Next.js frontend with Three.js for 3D visualizations. Smart contracts are developed on Ethereum and Solana using Solidity and Rust, with Hardhat and Anchor frameworks supporting development.

The backend relies on Node.js and MongoDB. Security is prioritized through automated testing, audits, and external reviews.

The platform initially supports a single EVM-compatible chain, with plans to extend to multiple chains, including Solana. TokenWars aims to be mobile-first, integrating MetaMask and Phantom wallets for user accessibility. ^{[13] [14] [15] [16]}

Tokenomics

TokenWars Token ($TKW)

The $TKW token is a utility token within the platform, intended to facilitate participation in token battles, enable the purchase of stake boosters, and allow staking for the Perk Pass. ^[10]

Utility

The $TKW token serves various purposes within the TokenWars platform, aiming to foster participation and long-term sustainability:

• Battle Perk Passes: Tokens are used to unlock tiered passes, which offer benefits such as enhanced stake boosting and periodic rewards.- Fee Redistribution: A portion of platform fees is redistributed to the community, including rewards for Battle Perk Pass holders.- Stake Boosting: Tokens can be utilized for acquiring random stake boosts.- Referral Rewards: Users can earn rewards by inviting new participants, which contribute to the reward pool.- Token Pool Fees: $TKW tokens may be used for initializing token pools. This utility model aims to promote active engagement, community growth, and platform sustainability. ^[12]

Allocation

The total supply of $TKW tokens is 10,000,000, 000. The allocation is as follows:

• Seed Round: 11.63% (1,000,000,000 tokens) at $0.002 per token. 4% unlocked at Token Generation Event (TGE), with a 1-month cliff and 12-month vesting.- Private Round: 46.51% (4,000,000,000 tokens) at $0.004 per token. 4% unlocked at TGE, with a 1-month cliff and 12-month vesting.- Launchpads Public Sale (IEO): 41.86% (3,600,000,000 tokens) at $0.006 per token. 25% unlocked at TGE, with 4-month vesting.- Ecosystem & Treasury: 15% (1,500,000,000 tokens) at $0.006 per token. No unlocking at TGE, with a 1-month cliff and 24-month vesting.- Liquidity & Listing: 15% (1,500,000,000 tokens) at $0.006 per token. 3% unlocked at TGE, with a 12-month vesting period.- Team: 10% (1,000,000,000 tokens) at $0.006 per token. No unlocking at TGE, with a 6-month cliff and 24-month vesting.- Marketing (Airdrops, Ecosystem Incentives): 15% (1,500,000,000 tokens) at $0.006 per token. No unlocking at TGE, with a 1-month cliff and 24-month vesting.- Series A Funding: 14% (1,400,000,000 tokens). Cliff of 24 months, with an 18-month vesting period. ^[11]