Burn Mechanism Overview
The Sprite Land team will facilitate, through proprietary development tools, the transfer of $SPRITE from the Ronin Blockchain to the game and vice versa.
The only way to obtain SPRITE before its launch will be by minting the Founder NFTs collection on Ronin. See more here.
$SPRITE token can only be obtained in two ways:
Purchasing it on the RONIN market
Through in-game events
$SPRITE token will be used to purchase unique and limited in-game items such as objects, skins, access to specific areas, or express trips. Each time a transaction is made with $SPRITE:
50% is allocated to burning
35% is added to a reward pot for community events
15% goes directly to the developers
This creates a hyper-deflationary economy that rewards long-term holders who bet on the token as a guarantee of Sprite Landโs success.
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