THE NEW ELITES
  • LITEPAPER
    • INTRODUCTION
    • GAMIFICATION
      • CORE CONCEPT
      • COLLECT TOKENS
      • THRONE CONNECTIONS
      • CONTRIBUTE TOKENS
      • GENERATE/ELIMINATE INFLUENCE
      • REWARD TIERS
    • TNE CONTEXT
      • OVERVIEW
      • DYNASTIES
      • ELITES
      • CLASSES
      • THRONES
      • INFLUENCE
    • TOKENOMICS
      • $IORO TOKEN
      • OUTDATED -- TOKEN ECONOMY
      • OUTDATED -- REASONING
  • GUIDES
    • FAQ
    • MINT ELITES
      • MINT ERROR
    • COLLECT TOKENS
    • CONNECT TO THRONE
      • RULER
      • PATRON
      • ATTACKER
    • LEAVE THRONE
    • CONTRIBUTE TOKENS
    • MANAGE ELITES
    • TRADING ELITES
      • SELL AN ELITE - START FROM TNE WEBSITE
      • ADJUST SALE PRICE ON MAGIC SEA
      • REMOVE NFT FROM SALE
      • SELL NFT DIRECTLY FROM MAGIC SEA
      • BUY AN ELITE ON MAGIC SEA
    • USING MULTIPLE EVM ACCOUNTS
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  • $IORO TOKEN
  • TOKEN ALLOCATION
  • SUMMARY
  1. LITEPAPER
  2. TOKENOMICS

$IORO TOKEN

An overview of how The New Elites $IORO token.

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Last updated 6 months ago

$IORO TOKEN

Winning is impossible without the $IORO token.

The incentive model for TNE centres around using a token to generate team points. $IORO is the token that generates points for TNE’s first and only season. The team with the most points wins the game. Game winners receive a reward paid in $IOTA tokens.

TOKEN ALLOCATION

The $IORO tokens does not have a capped supply. It is as of December 2024, intended for in-game purposes only.

SUMMARY

In summary, the $IORO token is central to TNE’s incentive system, and exists as the main gamification tool that players use to win their share of season one game rewards.