Getting to know the product:
Greetings, today we are going to take apart together an interesting project called Furmula, dive into its features and analyze its key aspects.
Disclaimer. All your financial decisions should be balanced and made solely by you. My goal is to provide information and an unbiased review. I am not suggesting any action or investment, so remember to analyze and take responsibility for yourself.
Project Description:
Furmula is a unique GameFi platform created to bring together motorsports enthusiasts and blockchain technology experts. The project aims to not only engage users in an exciting gaming process, but also to offer participation in competitions with real financial motivation. In simple words, play, race and earn rewards for your achievements.
The platform is based on the Solana blockchain, which ensures high performance and no transaction processing delays.
The project is also focused on creating innovative mechanics such as NFT integration for asset management, participation in tournaments and the ability to monetize your achievements.
Furmula crypto-token:
The project token is designed for multiple functions. Buying game resources, fuel, exclusive NFTs, as well as gaining access to season passes. According to open source information, the token will later become a management tool, allowing owners to participate in key decisions related to the development of the ecosystem.
A PreSale was held on December 6, 2024, which raised 19,482 SOLs in just 48 seconds. This shows the high interest of the audience. Already on December 16, the project will be released on the DEX platform.
Furmula Financial Model:
Total supply: 1,000,000,000,000,000 tokens.
- Presale - 30% (300,000,000,000 tokens). Tokens for fundraising and attracting early adopters.
- Marketing - 10% (100,000,000,000 tokens). For promotion and development of the project.
- Reserve - 5% (50,000,000,000 tokens). Provides flexibility for future needs such as partnerships.
- Team - 10% (100,000,000,000 tokens). For founders and developers with the goal of long-term project success.
- Liquidity - 25% (250,000,000,000 tokens). Supporting stability on exchanges. 5% (50M) - for launch on DEX. 20% (200M) - for listings on DEX and CEX.
- Rates and rewards - 10% (100,000,000,000 tokens). For staking rewards.
- Airdrop - 5% (50,000,000 tokens). For community maintenance and recognition.
- Early contributors - 5% (50,000,000,000 tokens). Rewards for those who supported the project at launch, in recognition of their contributions.
Token Burning:
Each race on the platform is accompanied by the collection of fees in tokens, which are then regularly burned, eliminating tokens from circulation forever. The Burning mechanism allows players' assets to be improved by destroying used tokens, which creates scarcity and increases user interest, keeping the economy stable and beneficial to all participants.
Furmula Steaking Process:
Interaction Process:
1. Lock Furmula and NFT tokens for rewards.
2. Length of bet increases multiplier and unlocks bonuses.
3. Get tokens and rare items based on assets.
4. Unlock exclusive skins and NFTs to improve the experience.
5. High level players get access to exclusive events and content.
Definition of rewards:
Furmula allocates 33,333,333,333 tokens annually:
- 70% (23,000,000) - for token steaking with a 23.33% yield (21 or 90 days).
- 30% (10,000,000) - for NFT steaking, depending on rarity (21 or 90 days).
Useful links:
1. Website
2. Furmula Whitepaper
3. Telegram
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