Tokenomics
Definition
Game Token: BYT Governance Token: GBS WARNING: Please send your tokens/NFTs to and from your own, decentralized wallet only. Please DO NOT SEND ANY ASSETS DIRECTLY to any of our internal wallets as we cannot retrieve any tokens/assets sent directly to these wallets. GameByts will not be held liable for any assets transferred directly into our internal wallet addresses.
IMPORTANT: GameByts launches with BYT as the primary utility token. The governance token (GBS) launch date is TO BE ANNOUNCED. Until GBS launches, SOL Credits will be used for premium actions (minting, high-level upgrades, marketplace purchases).
Phase 1: Launch (Current)
Action
Currency
Destination
Repairs, basic upgrades
BYT
Burned
Loot Crate opening
BYT
Burned
Marketplace purchases
SOL Credits
Fee to Treasury / Seller receives
Mint new NFT
BYT + SOL Credits
BYT burned / SOL to Treasury
Upgrades (Level 20-30)
BYT + SOL Credits
BYT burned / SOL to Treasury
Premium features
SOL Credits
SOL to Treasury
Treasury SOL Usage: SOL collected from premium actions will be used for BYT liquidity pools, operational costs, marketing, and ecosystem development.
Phase 2: GBS Launch (TBA)
When GBS launches, it will replace SOL Credits for premium actions:
Mint new NFT: BYT + GBS (instead of BYT + SOL Credits)
Upgrades Level 20-30: BYT + GBS (instead of BYT + SOL Credits)
Governance voting: GBS required
Premium features: GBS (instead of SOL Credits)
Marketplace: GBS (instead of SOL Credits)
NOTE: Early users who participate in Phase 1 may be eligible for GBS airdrops when the token launches. Details will be announced separately. Dual-Token Architecture
The long-term economic system is based on two tokens with complementary roles:
Characteristic
BYT (Utility)
GBS (Governance) - TBA
Status
LIVE
COMING SOON
Supply
Unlimited (inflationary)
6,000,000,000
Creation
Mint on-demand at claim
Pre-minted at launch
Earning
All active users
NFT Level 30+ only
Primary Utility
Repair, upgrade, consumables
Governance, premium features
Blockchain
Solana (SPL)
Solana (SPL)
IMPORTANT - GBS TOKEN: GBS is a pure utility token for governance (voting on protocol parameters) and access to premium features. It does NOT offer revenue sharing or profit rights, ensuring classification as a utility token under MiCA regulations.
GBS Distribution (Future)
The following distribution will apply when GBS launches:
Category
%
Tokens
Vesting
Ecosystem/
Treasury
30
1,800,000,000
10% unlocked at TGE, the rest linear vesting over 90 months
Team
15
900,000,000
12 months cliff, 48 months vesting
Private Sale
15.5
930,000,000
12 months cliff, 36 months vesting
Public Sale
7
420,000,000
Unlocked at TGE
Advisors
2.5
150,000,000
Linear vesting over 24 months
Play and earn
30
1,800,000,000
Linear vesting over 96 months
BYT Supply and Earning
BYT has an unlimited supply and is earned when a user is gaming.
Following are the contract and bridge address:
BYT (SPL) Contract address: TBD
BYT Burning Mechanics (Destroying)
The BYT is burned by:
Computer Minting
Computer Repair
Levelling up Computers
Boosts upgrade
Unlocking Sockets
Opening Loot Crate
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