Game Plan

Tokenomics for OSRS Game Fund Meme Token on Solana

Token Name: OSRS Game Fund

Token Symbol: $OSRS

Blockchain: Solana for its high throughput, low cost, and community support.

Token Supply:

  • Total Supply: 10,000,000,000 $OSRS
    • Locked Supply for Acquisition: 4,000,000,000 $OSRS (40%)
    • Circulating Supply: 6,000,000,000 $OSRS (60%)

Distribution:

  • Public Sale: 50% of circulating supply (3,000,000,000 $OSRS) will be sold through a fair launch on Solana’s DEX to democratize access.
  • Airdrop: 10% of circulating supply (600,000,000 $OSRS) airdropped to the OSRS player base, Solana enthusiasts, and gaming influencers to spark initial interest.
  • Team and Advisors: 10% (600,000,000 $OSRS) with a 2-year vesting schedule to align incentives with long-term project success.
  • Marketing and Development: 5% (300,000,000 $OSRS) for community engagement, legal expenses, and project development.
  • Liquidity: 25% (1,500,000,000 $OSRS) initially locked in liquidity pools to ensure market stability and facilitate trading.

Token Utility:

  • Acquisition Fund: 40% of the total supply ($4,000,000,000 $OSRS) is locked in a smart contract for the acquisition of Jagex. This fund will be released when $OSRS reaches a market cap sufficient for the offer or at a predetermined time.
  • Governance: Holders of $OSRS can vote on key decisions through a Solana-based governance system, including acquisition strategies, community initiatives, and tokenomics adjustments.
  • Fees: After the acquisition or if the acquisition fails, the use of remaining or generated tokens:
    • Reinvestment in Game: Funding for further development, updates, and player experience enhancement.
    • Community Incentives: Rewards for community contributions or holding $OSRS.

Economic Mechanisms:

  • Transaction Tax: A 5% tax on each $OSRS transaction:
    • 3% redistributed back to $OSRS holders to encourage holding.
    • 1% added to the acquisition fund until the purchase, then redirected for game development or community rewards.
    • 1% for marketing and ongoing community engagement.
  • Token Burn: 1% of each transaction’s tax is burned to decrease total supply, potentially increasing in value over time.
  • Staking: Staking $OSRS on Solana can provide additional rewards or benefits within the OSRS ecosystem, promoting long-term investment.

Acquisition Strategy:

  • Trigger for Offer: The locked fund will be unlocked when $OSRS’s market cap hits a community-voted threshold, indicating enough value has been generated for an acquisition attempt.
  • Post-Acquisition:
    • Trust Formation: Jagex would be placed under a Trust with explicit rules:
      • Reinvestment: All profits must be reinvested back into the game to maintain and expand its features.
      • No Private Equity Sale: A legal clause preventing any sale of Jagex to private equity, ensuring community governance.
  • Legal and Compliance: Engage with legal experts to navigate the complexities of token sales, corporate acquisitions, and comply with all relevant laws and regulations.

Risks and Considerations:

  • Market Volatility: The crypto market’s unpredictability might affect the timing or feasibility of the acquisition.
  • Legal Challenges: Using a meme token for such a significant acquisition might face legal scrutiny.
  • Community and Jagex Alignment: Both the $OSRS community and Jagex’s management need to support this plan for it to succeed.

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