Funtico Announces TGE and Launch of TICO Token for Its Web3 Gaming Platform

Funtico, the full-stack, chain-agnostic Web3 gaming platform, has announced its Token Generation Event (TGE) and, therefore, the launch of its TICO token

Web3 gaming platform Funtico has announced the launch of its TICO token, which will be available on major cryptocurrency exchanges starting Monday, January 27.

According to a report shared with Finbold, the TICO token will be listed on Gate.io, MEXC Global, BitMart, and Uniswap at noon (12:00 PM) UTC.

As a central component of Funtico's ecosystem, TICO aims to unify gaming experiences, AI-powered systems, and transactions across multiple platforms.

Initially launching as an ERC-20 token on the Avalanche C-Chain, the token will be bridged to other chains, including Ethereum (ETH), Base (BASE), and Polygon (MATIC).

The token's cross-chain capabilities will provide interoperability for both developers and gamers.

In Web3 gaming, the TICO token will offer several features, including AI-driven infrastructure and utilities for both gamers and publishers.

Gamers can use TICO for in-game purchases, premium content, and monetization, while also benefiting from interoperability in item ownership, gaming environments, customization, and NFT integration.

Moreover, users will gain access to "Publisher as a Service" tools, rewards, and additional AI features.

Meanwhile, publishers can use TICO to transition from Web2 to Web3 games and gain access to monetization tools, co-branding options, item ownership capabilities, and community interaction tools.

With a capped supply of 10 billion tokens, TICO's distribution aims to enhance ecosystem growth and sustainability.

Specifically, 17% of the tokens will be allocated to seed and private sales, with 10% for the first and 3% for the second strategic sales.

Additionally, Key Opinion Leaders (KOLs) will receive 3%, while 1% will be set aside for advisors.

Furthermore, team allocation will amount to 10%, and 12% will be placed in the liquidity pool for market stability.

Lastly, in-game rewards and limited edition NFTs will receive a combined proportion of 14%, with 15% allocated to the ecosystem fund and treasury, and another 15% to marketing and partnerships.

To ensure security and compliance, Funtico's smart contract has been audited by Sayfer, a blockchain security firm, and the Funtico platform and its games have been reviewed for reliability, integrity, and industry compliance.

Moreover, TICO is legally classified as a utility token, adhering to regulatory standards and setting a foundation for a sustainable future in Web3 gaming.

As the token progresses, users can anticipate further developments, especially in the realms of AI, interoperability, and partnerships.