B3, a layer-3 gaming network built on top of Base—the Coinbase-incubated Ethereum layer-2 chain—announced Friday that it will drop its recently revealed B3 token with an accompanying airdrop on Monday, February 10.
The B3 token will be available for trading via Bybit and “other major exchanges,” the project said Friday, with a snapshot taken of network activity ahead of a planned “S1 airdrop,” according to an X thread. But it won’t be the only airdrop for players.
“There will be more airdrops, tournaments, and gamified ways to earn B3 going forward,” the project posted.
B3 is a gaming-centric network that currently hosts 80 games, with the project saying that it has attracted over 6 million players to date. B3 will also support dedicated “gamechains” for specific games.
According to an X thread, B3 stakers will get certain benefits, including access to tokens for dedicated gamechains, early access to new games on the network, and other potential rewards.
The thread provides a simple look at the tokenomics, as well, with 34.2% of the token supply dedicated to the community and ecosystem, 23.3% to the team and advisors, 22.5% going towards the Player1 Foundation to support the B3 ecosystem, and 20% slated for investors.
Investors, team members, and advisors will all be subject to a one-year cliff, followed by monthly unlocks across the following three years thereafter. The total supply of B3 has yet to be announced.
Decrypt reached out to a B3 representative for more details on the tokenomics, airdrop, and supported exchanges, but did not immediately receive a response.
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