CryptoTycoon ICO begins in several days. What does it offer?

The CryptoTycoon announced that it would launch its native token’s ICO between May 24, 2021, and May 25, 2021. CryptoTycoon is a monopoly game based on the Binance Smart Chain. Players can spend BUSD, USDT, BNB, and other BSC-based tokens in the game to get the chance to build houses or shops and roll the dice to participate in game yield farming. The game system boasts a great token deflation mechanism, along with a dividend bonus model. For instance, if a shop or a house fails to pay taxes on time, it will be liquidated.

CryptoTycoon created its utility token CTT that also plays the role of on-chain governance. CTT is an essential asset of the last step in the game if players want to become a tycoon. According to the team, the CTT’s total amount is fixed at 1 million from the moment the contract is written on the BSC, and each on-chain transaction of CTT will cause the burn of 5% of the transaction amount. The project aims to raise $150,000 by trading 5,000 tokens at a price of $30 during the initial coin offering.

How can investors obtain tokens expect buying during the ICO?

There are several ways to obtain CTT tokens without buying them. For example, if users build a house to participate in trigger events or mining, they will get CTT in-game.

After the game reaches a certain level of activity, the active player will get CTT twice a year on their appointed address. Furthermore, customers will get a small amount of airdrops if they participate in specific activities on the cooperated platforms.

If a player asks other players to join the play, the platform will rebate directly 75% of the BUSD, BNB, and other tokens spent in-game.

The total supply of the token is only 1 million. The company noted that as the circulation of tokens increases, it would reduce the mining output speed/scale accordingly.