💲The SPL Token and Metrics

Solana premier league has a utility token that drives the entire ecosystem ie $SPL. Through the play-to-earn model, users have the opportunity to acquire tokens by using the platform. Users can also acquire the tokens through:

1. Play-to-Earn Contest hosting and participation

2. Community engagement and contribution

3. Rewards for quests and competitions

The $SPL can be used across the platform to enter and play in contests, buy NFTs, and also sponsor events and promotions.

Solana Premier League also offers $SPL rewards for achievements or quests in order to help new players get introduced to Solana Premier League and diversify the distribution of the token. Simple examples of this may be receiving a small amount of $SPL for drafting your first team or creating a private contest and filling it with users.

Token Metrics

The total SPL token supply will be 1000,000,000

Core Team - 25% Token supply - 250,000,000 SPL

• Core team members that are currently working and reserved for future members joining the team

• Vesting Schedule - 3 year vesting with 6 month cliff

Advisors - 5% Total Supply - 50,000,000 SPL

• Solana Premier League's advisors who provide experience and feedback to make the product and user experience better

• Vesting Schedule - 3 year vesting with 6 month cliff

Operations (Legal, server costs, partnership) - 5% Total Supply - 50,000,000 SPL

• These will go towards maintaining the platform and handling third-party payments.

• Vesting Schedule - 10% on TGE; 1 year linear vesting

Marketing - 10% Total Supply - 100,000,000 SPL

• Incentive for marketing and influencer partnerships to create ambassadors and grow the user base and brand name

• Vesting Schedule - 25% on TGE; 1-year linear vesting

Liquidity and Incentives - 40% Total Supply - 400,000,000 SPL

• Utilized for providing liquidity for the SPL token and giving incentives for users participating in Solana Premier League contests

• Vesting Schedule - 10% on TGE; 1 year linear vesting

Treasury - 15% Total Supply - 150,000,000 SPL

• To ensure the financial health of the platform and for contingencies

• Vesting Schedule - 2 year linear vesting