$ARTY Tokenomics Update!

4 min readMar 22, 2023

We are pleased to announce that the final stage of updating the Artyfact tokenomics has been completed. Recently, we reduced $ARTY total suply to 25 million.

This was done by creating a new ARTY contract 0x617Cab4aAae1f8dfb3eE138698330776a1e1b324 in which we added an integrated burning function, which was not present in the previous $ARTY contract. Thanks to this feature, total $ARTY supply after burning will be automatically updated on all coin trackers, such as BSC Scan, Coinmarketcap, Coingecko and others. Also, enhanced protection has been added to the new contract.

Initial Token Distribution and security

Total amount is 25.000.000 $ARTY. 20% is allocated for staking & farming, 24,8% for ICO/IDO, 20% for liquidity, 5,5% for team & advisors, 13,2% for marketing, 1,5% for foundation and 15% is allocated for treasury.To ensure the security of our community, we have divided all $ARTY tokens into 7 wallets: 0x68ef547299a661401aab3f716d27a29561be29db, 0x88f509583ec0e674ab0b2375e5e4cc37f5d5d70d, 0xbcc3ab8129b1e8119cc981a66f87b2b641996891, 0xfff7ee3ea6656001d5f6546ca6b31de7cd6c877d, 0x203f89df9296ec88af15f61a9e5629a3de9a2b40, 0x705c47754341b1756f762dfbd40efa6329dbc87f, 0x107733d3382e03c354e9413636081a84e2e7eee8. The private keys to these wallets are securely protected and access to them is limited.

Wallet transactions proofs

Wallet 0x88f509583ec0e674ab0b2375e5e4cc37f5d5d70d: https://bscscan.com/tx/0xbab71f1ae5fe8f79e068d8f389d73208130d3eedd29eb16b3a066e38b2e61b57

Wallet 0xbcc3ab8129b1e8119cc981a66f87b2b641996891: https://bscscan.com/tx/0x9f4b9a723f5d2f7361947a2d137b6f65d9af3a6fbff53138a995d8ef7cfbe383

Wallet 0xfff7ee3ea6656001d5f6546ca6b31de7cd6c877d: https://bscscan.com/tx/0xa7d17bf2f50b95289463b37a4061738278ad43c33997c411bf689dea4e7e60a6

Wallet 0x203f89df9296ec88af15f61a9e5629a3de9a2b40: https://bscscan.com/tx/0xb6f571898e6b1604c2f59697d60bebac0c279485d5fcf27309a1a247a1f92479

Wallet 0x705c47754341b1756f762dfbd40efa6329dbc87f: https://bscscan.com/tx/0x09d12109ee66b35f44321d92cfa3acc5c606be3adb8056a1da23719d4ae2ae8e

Wallet 0x107733d3382e03c354e9413636081a84e2e7eee8: https://bscscan.com/tx/0x64fb1e3f889aec126f2187899c46dce6599cee94951fbe9235dde458339bb5e1

Wallet 0x68ef547299a661401aab3f716d27a29561be29db: owner wallet.

Multi-signature contract

To remove centralization risks we have also created a multi-signature contract 0x4Be3471Be0F202a1ADb2F081F772396201CA3910 and timelock contract 0x81cE14432b7D38f6F99438D290772b87DCBcb631 and transferred ownership to it to prevent a single point of failure. Multi-signature contract has 7 internal wallets: 0x68ef547299a661401aab3f716d27a29561be29db, 0x88f509583ec0e674ab0b2375e5e4cc37f5d5d70d, 0xbcc3ab8129b1e8119cc981a66f87b2b641996891, 0xfff7ee3ea6656001d5f6546ca6b31de7cd6c877d, 0x203f89df9296ec88af15f61a9e5629a3de9a2b40, 0x705c47754341b1756f762dfbd40efa6329dbc87f, 0x107733d3382e03c354e9413636081a84e2e7eee8. To perform any function in the contract, at least three signatures from the specified wallets are required.

Transfer ownership transaction: https://bscscan.com/tx/0xd58c27cf641f05e964cdb54987525c3d505ed2979ea64c590e1bc4dad8473335

Staking

Exclusive staking for the Private Sale and Presale 1 participants will be available until the start of Presale 2.

About Artyfact:

Artyfact is a Web3 Metaverse Game with a mission to become the first metaverse that truly combines the best of the AAA and Play-to-Earn worlds using an innovative Play-and-Earn (PAE) economic model that puts gaming experience ahead of earnings.

Artyfact citizens are able to play various AAA quality PAE games and earn $ARTY, buy and trade NFTs such as avatars, weapon skins, virtual estate, clothes, as well as attend virtual concerts, NFT exhibitions, runway shows and other events.

Some key features of the Artyfact are:

Integrated PAE Games

Games Artyfact puts gaming experience ahead of earnings and offers a wide variety of play-and-earn multiplayer game modes suitable for every kind of player. In each game players receive rating points, which open up new gaming opportunities. In Artyfact games, players can earn $ARTY by eliminating other players. To participate in game, the player needs to have $ARTY on his balance. Every week, the top 100 players with the highest rating get the opportunity to withdraw the earned $ARTY.

$ARTY Token

$ARTY is a native in-game and governance token of the Artyfact ecosystem. You can use it to buy Artyfact game items (NFTs), govern the Artyfact DAO, and receive rewards by playing integrated P2E games and staking $ARTY. The integrated play-and-earn solutions maintain a constant demand for the $ARTY, which continuously stimulates the growth of its value.

NFT world

Every game item in Artyfact is NFT. It can be avatars, weapon skins, clothes or estate. In addition to buying, you can also win NFTs in PAE games, trade them in NFT marketplace, and even modify your NFTs, making them more valuable.

Events

Virtual events open up opportunities that are not available in the real world. Artyfact ecosystem will allow citizens to organize paid or free events such as virtual concerts, runway shows, NFT exhibitions, and meetings.

Virtual billboards

There is a large number of virtual billboards in the Artyfact metaverse. Owners of billboards will be able to earn money from advertising. You can buy or rent a billboard.

Features for influencers and brands

Artyfact ecosystem will give the opportunity for influencers and brands to interact with their audience in a brand new way. Artyfact opens up such possibilities as co-operative gaming, event sponsorship, virtual merch creation, and much more.