The post Funtico launches TICO to bolster gaming ecosystem appeared on BitcoinEthereumNews.com.

Funtico, the full-stack, chain-agnostic Web3 gaming platform, has announced its Token Generation Event (TGE) and, therefore, the launch of its TICO token, as per a report shared with Finbold on Monday, January 27. TICO will be available to traders on major cryptocurrency exchanges, including Gate.io, MEXC Global, BitMart, and Uniswap, at noon (12:00 PM) UTC. As one of the core parts of Funtico’s ecosystem, TICO will unify gaming experiences, AI-powered systems, and transactions across various platforms. Initially launched as an ERC-20 token on the Avalanche C-Chain and then seamlessly bridged to other chains like Ethereum (ETH), Base (BASE), and Polygon (MATIC), the new token will provide interoperability to both developers and gamers. The TICO token adds various features to Web3 gaming, AI-driven infrastructure, and many utilities for gamers and publishers. TICO for gamers and publishers For example, gamers can use TICO for in-game purchases, premium content, and monetization while benefiting from interoperability across item ownership, gaming environments, customization, and NFT integration. Additionally, users can access functionalities such as “Publisher as a Service” tools, rewards, and extra AI features. On the other hand, publishers can rely on TICO to transition from Web2 to Web3 games and get monetization tools, co-branding options, item ownership capabilities, and community interaction tools.  TICO has a capped supply of 10 billion tokens distributed to boost ecosystem growth and sustainability. 17% goes to seed and private sales, with 10% for the first and 3% for the second strategic sales. Key Opinion Leaders (KOLs) get 3%, while 1% goes aside for advisors. Furthermore, team allocation amounts to 10%, while 12% is held in the liquidity pool for market stability.  Lastly, in-game rewards and limited edition NFTs have a proportion of 14%, 15% allocated to the ecosystem fund and treasury, and another 15% allocated to marketing and partnerships. TICO’s…

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Filed under: News - @ January 27, 2025 12:23 pm