# CHW Governance Token
## CryptoHunter World Governance Token Introduction
Token Name : Crypto Hunter World Token\
Token Ticker : CHW\
Contract Address : 0xef8e5d7b388764cfb9ca428490de38a273547f15\
Total Issue : 1,000,000,000 CHW Token
The CryptoHunter World project encourages community members to participate in important decisions of the CryptoHunter World service through governance tokens. \
We aim to make future development and operation smoother through decentralized decision-making powered by the community, and build a system that can continuously communicate with users and ecosystem participants.
### Role of the $CHW Token
The $CHW token plays a key role in community-driven development. This token will be used in several systems, such as Shoes NFT within the app, and will additionally be responsible for various functions such as community activation and governance operation.
* **In-app usage**: $CHW tokens are used to purchase or upgrade Shoes NFTs in-app.
* **Community activation:** Token holders can participate in various community events and rewards programs.
* **Governance Operations:** $CHW token holders are granted voting rights in key decision-making processes, allowing community members to participate in determining the direction of the project.
### **$**CHW token Minting and Distribution
$CHW is CryptoHunter World's governance token. Only 1 billion will be issued in total, and only 700 million will be distributed through various burning systems. Through this, we aim to maintain the scarcity of tokens and ensure the stability of token value.
Through this system, CryptoHunter World will build a sustainable ecosystem and move forward as a project that grows together with users. We promise to drive more participation and cooperation through the $CHW token and provide better services based on the power of the community.
### Distribution and Allocation
| Category | Token Ratio | Token Amount | TGE | Cliff | Vesting |
|---|
| Private sale | 2% | 20,000,000 | 10% | N/A | 24 Months |
| Seed Round | 2% | 20,000,000 | 10% | N/A | 24 Months |
| Ecosystem | 18% | 180,000,000 | 100% | N/A | N/A |
| Liquidity | 28% | 280,000,000 | 100% | N/A | N/A |
| Partner & Advisor | 5% | 50,000,000 | 0% | 6 Months | 24 Months |
M2E+P2E
Mining | 30% | 300,000,000 | 20% | 3 Months | 24 Months |
| Marketing | 10% | 100,000,000 | 0% | N/A | N/A |
| Team | 5% | 50,000,000 | 0% | 6 Months | 24 Months |
{% hint style="danger" %}
Token Distribution and Allocation may change depending on whether the Token Sale is in progress. \
If there is a change, we will share it as soon as possible.
{% endhint %}
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