Faraland
  • Welcome to Faraland
    • About Faraland
      • Faraland – where everything is “unique”
      • Faraland – the continuation of a legend
    • Faraland's Lore
      • Battle Of Crystals
      • 7 Races of Warriors
        • Humans - Small Heroes With Super Power
        • Orcs — The Most Powerful Warriors In Faraland
        • Angels - The Creator’s Guardians In Faraland
        • Demons - The Seed Of Destruction
        • Elves - The Spirits Of The Deep Forest
        • Dragonborns -Mysterious Warriors
        • Fairies— Warriors Holding The Secret Of Time
    • Vision and mission
      • Metaverse and the future of Faraland
      • The Future of Blockchain Gaming Industry and Faraland’s Vision
    • Changelog Update
      • Faraland v0.3.7 Changelog
      • Faraland Changelog Update
      • Phase 5
      • Phase 4
      • Phase 3
      • Phase 2
      • Phase 1
    • Remarkable milestones
      • Faraland certified by CertiK
      • Official NFT Heroes Sale
      • NFT Heroes Revealing event
      • 20,000 NFTs officially sold out
      • $Fara IDO completed successfully
      • Exclusively for NFT and $FARA Holders
      • Mystery box sale
      • MVBII Winner & Sold 10,081 Mystery Boxes
      • Gacha/Equipment Marketplace launched with TVL of USD10M
      • PVE Mode Launched in Nov 2021 with 2,000 DAU
      • Demi Heroes and Staking options
      • The premiere of Infernal Summit
      • The first-ever rollout of Partnership Quest series
      • Overall txn stats
      • The continuous growth of further IDOs
      • Faraland's steadfast vision
      • Faraland Expedition Game - PvE mode
      • Website
      • Plans to come in 2022
      • In-app purchase for non-crypto users
      • Comparative advantage for NFT heroes over non-NFT heroes
      • Strategic Plans in brief
  • GET STARTED WITH FARALAND
    • How to download game?
      • Android Download Instruction
      • iOS Download Instructions
      • Faraland Register Instruction
    • How to login game?
      • Creating a Metamask Wallet
      • Connecting Metamask Wallet
    • Faraland basic Information
      • FARA token
      • Tokenomics
      • NFT
      • Soul Stone
  • FARALAND TUTORIALS
    • Tutorials
      • Preparing heroes
      • Team preparation
      • Preparing Items
      • Faraland Hero Line-up
      • Body Parts Characters
    • Hero
      • Stat
        • Update Core Game – Adjusting Base Critical Damage Stats and Dmg Formula
        • Hero Stat Addition Feature
      • Level
      • Skill
        • Skill tree
          • Skill tree of Humans
          • Skill tree of Orcs
          • Skill tree of Elves
          • Skill tree of Fairies
          • Skill tree of Dragonborns
          • Skill tree of Angels
          • Skill tree of Demons
        • Skill Books
          • Permafrost
          • Shield of Faith
          • Lightning Bow
          • Souls Drain
          • Frost Haven
          • Spiritual Healer
          • Wailing Infernal
        • Skill Slots
      • Appearance (Body Part)
      • Element
      • Race
    • Items
      • Equipment
      • Materials
    • PvE gameplay
      • Expedition Text Game Mechanism
      • Expedition Game – Reward and Quest System
      • NPCs and Quests
        • At Gruyeres
        • At Helga
        • At Kreta
        • At Farley
        • At Lumber Camp
        • At AugstMatthorn
        • At Piz Naiz
        • At Zermatt
      • Locations
      • Monsters
      • Adventure Mission Improvement Plan
      • Grima Boss and Emperor Stone
      • Adventure Mission Tutorial
    • PvP Gameplay
      • Mechanics
      • PvP mode
      • Faraland PvP Tutorial #1
      • Faraland PvP Tutorial #2 – Movement & Attack Range
    • Ingame Feature
      • Wheel of Fortune
      • Mailbox
    • Play-to-Earn
      • P2E Direction
      • Earning mechanism
      • In-game bonus $FARA
  • Features
    • Market Place
      • Marketplace Guidelines
      • In-game Heroes and Items
      • How to buy heroes?
      • Buy items from other players
    • Demi Heroes
      • Demi Heroes vs NFT Heroes
      • Demi Heroes Summoning
      • Demi Heroes and Soul Stones Marketplace
    • DAO Voting Function
    • Lady of the Lake
      • Lady of the Lake Update
      • Lady of the Lake
      • Gacha
        • Gacha machine mechanism
        • Gacha isn’t just Mythical Equipment
        • Gacha autumn treasure 2021
        • Gacha Winter Treasure 2021
        • $FARA for items in Gacha
    • Staking
      • Staking V3
      • Staking V2
      • Staking V1
    • Crafting
      • Artisan Blacksmith
      • BlackSmith
      • Dismantle Equipment Feature
      • Equipment Crafting
    • SkillShift (Token Skill Book)
    • Land
    • World Boss
    • Guilds
      • About the Guilds update
      • Hero Selection Optimization
      • Skill Books
        • Permafrost
        • Shield of Faith
        • Lightning Bolt
        • Souls Drain
        • Frost Haven
        • Spiritual Healer
        • Wailing Infernal
    • Tournament
      • PvP Tournament
        • PvP Beta Tournament – Infernal Summit
        • Infernal Summit – The Second Trail
        • Infernal Summit III: A Tale Begins
        • 5 TIPS for you to level up in PvP
      • Community Tournament
    • Security Audits
      • Why does Faraland focus on Audit?
  • Question and Answer Series
    • Q & A #1
    • Q & A #2
    • Q & A #3
  • Schedule
    • Non-NFT mechanism
    • Expedition Game
    • Faraland new in-game UI interface
    • Token Burn Monthly Schedule
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On this page
  • Token Information
  • Token utility
  • Allocation & Distribution
  1. GET STARTED WITH FARALAND
  2. Faraland basic Information

Tokenomics

Token Information

Token Name: FARA Token (FaraCrystal)

Ticker: FARA.

Blockchain: Binance Smart Chain.

Token Standard: BEP-20.

Contract: 0xf4ed363144981d3a65f42e7d0dc54ff9eef559a1

Token type: Utility, Governance.

Total Supply: 100,000,000 $FARA.

Token utility

  • Hero stats reset

  • Lady of the Lake

  • Change the hero’s name

  • Trade in equipment marketplace

  • Craft items

  • Create Guild

  • Stake to join FaraStarter

  • Vote for various Parameters

  • Stake to level up Heroes

  • Upgrade equipment

Allocation & Distribution

Angel round 3,6% at 0.05%/FARA = $180.000

TGE 10%, lock for 2 months, linear vesting over 6 months

Founding community 8% with price $0.075/FARA = $600.000 lock 1 month, then 10%, then lock for 6 months, linear vesting over 8 months

Seed 2% with price $0.01/FARA = $200.000

TGE 10%, lock for 1 month, linear vesting over 7 months

Private sale: 9.4% with price $0.15/FARA = $1.410.000

TGE 15%, lock for 1 month, linear vesting over 7 months

Public sale 1% with price $0.18/FARA = $180.000

TGE 100%

Advisor & team: 15% - 6 months full locked, them 25% Quarterly

Foundation: 20%

Marketing & Partnership: 5%

Game Incentives: 22%

Airdrop: 3%

Liquid & Listing: 11%

*All funding rounds have been distributed

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Last updated 1 year ago

*All tokens from Team and Foundation corresponding to in 2023

29.8M Fara will be burned