KGL Revival Tokenomics

๐ŸŽฎ Kanna Gaming League Revival

Complete Tokenomics & Structure Breakdown


System Overview

Core Principle: KannaKrew (KK) and Kanna Gaming League (KGL) are separate entities but interconnected via shared tokens and the OG Skunks NFT holders (inner circle). Discord is free, playing is freeโ€”tokens are optional but needed for earning rewards or backing teams.

Key Objectives

  • Sustainability: Fund the league through automated protocol fees (3-5% on trades/mints) rather than manual admin work
  • Automation: Use Discord bots to handle scheduling, scoring, payouts, and wallet linking
  • Monetization: Create a "money vehicle" for owners, players, and fans without direct gambling
  • Skill-Based: Rewards tied to analysis, performance, and participationโ€”not pure chance
  • Decentralization: Independent team economies via liquidity pools create market-driven "odds"

Three-Token Ecosystem

KK Token
1B Supply - Fixed forever. For KannaKrew ecosystem (merch, events, culture)
KGL Token
500M/Season - Same policy, cumulative with burns. For league activities
Team Tokens
10K Each - New policies per season. Independent team economies

Glossary of Terms

Technical terms explained in plain language

๐Ÿ”— Blockchain

A digital ledger (like a shared database) that records all transactions publicly and permanently. Cardano is the specific blockchain we're using.

๐Ÿ’ฐ Token

A digital asset (like digital coins or points) that lives on a blockchain. You can own them, trade them, and use them for specific purposes.

๐Ÿ’ง Liquidity Pool (LP)

A "pot" that holds two types of tokens so people can trade between them instantly. The pool automatically adjusts prices based on supply and demand.

Why it matters: Each team has its own LP, so trading activity creates independent "market odds" for each team based on demand.

๐Ÿ”„ DEX (Decentralized Exchange)

A website/app where you trade tokens directly from your walletโ€”no middleman. We use Minswap on Cardano.

๐Ÿฆ Treasury

A shared wallet that holds funds used for rewards, operations, and future development. It's funded by protocol fees, mint fees, and merch sales.

๐ŸŽ Airdrop

Free tokens sent directly to your wallet. In our system, airdrops happen automatically when your team wins.

๐Ÿ”ฅ Burn

Permanently destroying tokens by sending them to an unusable address. Reduces total supply, which can increase scarcity/value.

๐Ÿช™ Minting

Creating new tokens. When we "mint" Team Tokens, we're generating 10,000 fresh tokens for that team/season.

๐Ÿ’ต Proportional Rewards

Rewards distributed based on how much you own. Example: Hold 10% of team tokens = get 10% of rewards when team wins.

Token Structure

KK Token (Kanna Coin)

AttributeValue
Total Supply1 Billion (Fixed Forever)
BlockchainCardano

Distribution

  • 20% - OG Skunks Airdrop (200M tokens)
  • 30% - Teams/Staff/Creators (300M tokens)
  • 20% - Treasury Reserves (200M tokens)
  • 20% - Liquidity Pools (200M tokens)
  • 10% - Community Earns (100M tokens)

Uses

  • Merch discounts at Blo Buyers Club
  • Event tickets & access
  • Tipping content creators
  • DAO governance voting
  • Swappable to KGL Token for league activities

KGL Token

AttributeValue
Per Season500 Million
PolicySame Forever (cumulative)

Seasonal Minting: Each season mints 500M under the SAME policy ID. Season 1: 500M, Season 2: 1B total, etc. ~20% burned annually via DAO votes.

Distribution (Per Season)

  • 15% - OG Skunks Airdrop (75M)
  • 25% - Teams/Players/Staff (125M)
  • 30% - Treasury for Rewards (150M)
  • 20% - Liquidity Pools (100M)
  • 10% - Free Predictions/Contests (50M)

Team Tokens

AttributeValue
Per Team10,000 tokens
PolicyUnique Per Team/Season
LifecycleOne Season (then burned)

Distribution Per Team

  • 20% - Owner Free Allocation (2,000)
  • 40% - Public Mints/Sales (4,000)
  • 20% - Contest Airdrops (2,000)
  • 20% - Initial LP Seeding (2,000)

Money Flow & Treasury

Treasury Funding Sources

  • Protocol Fees (3-5% on trades)
  • Paid Fantasy Entries (10 KGL per entry)
  • Team Token Mint Fees (~$10-20 per team)
  • Merch Royalties
The treasury is an on-chain wallet (public, transparent via Cardano blockchain explorer). Everyone can see inflows and outflows.

Reward Payout Structure

EventAmountRecipients
Team Match Win1,000 KGLOwner (200) + Holders (800 proportional)
Fantasy Weekly500 KGLTop leaderboard (split)
MVP Award300 KGLVoted winner
Creator Monthly300-500 tokensActive creators/mods

User Roles

Universal Rule: Discord is free. Playing is free. Watching is free. Tokens are optional but required for earning rewards.

๐ŸŽฎ Players

Participation: Join Discord free, sign up for matches, play tournaments.

Rewards: No direct payouts. Owners can tip from holdings (e.g., 100 Team Tokens).

๐Ÿ‘€ Viewers/Fans/Backers

Participation: Watch free, buy/hold Team Tokens, trade in LPs, enter fantasy.

Rewards: Proportional airdrops on team wins (10% holdings = ~80 KGL), fantasy wins (500 KGL pot), trading profits.

๐Ÿ† Team Owners

Participation: Pay ~$10-20 to mint team tokens, recruit players, manage roster.

Rewards: 2,000 free Team Tokens (20%), 200 KGL bonus per win, proportional share. Total ~360 KGL per win.

๐ŸŽจ Content Creators & Staff

Participation: Free to create content, moderate Discord, host broadcasts.

Rewards: Monthly allocations (300-500 KGL/KK), tips, community vote bonuses.

๐Ÿฆจ OG Skunks Holders

Participation: Already own Skunks NFT, access premium channels, DAO voting.

Rewards: KK Token airdrop (~1.5M), KGL Token airdrop (~560K/season), +20% multipliers.

Liquidity Pools

What Are Liquidity Pools?

Smart contracts on DEXes that hold two tokens for trading. Users swap between them, and the pool auto-adjusts prices based on supply/demand. Each team gets its own LP (Team Token โ†” KGL Token) to create independent "odds".

Key Innovation: League auto-sets all LPs with Team Tokens priced super cheap initially (1 Team Token = 0.1 KGL). Owners can add liquidity to shift prices.

How LPs Create "Odds"

Scenario: Team A (strong) vs Team B (underdog)

  1. Pre-match: Fans buy Team A Tokens
  2. LP response: Team A price rises (0.1 โ†’ 0.3 KGL) as supply shrinks
  3. Team B LP: Less demand โ†’ price stays low (0.08 KGL)
  4. Result: Market "odds" are 3:1 for Team A
  5. Post-match: Team A wins โ†’ 1,000 KGL airdropped โ†’ price pumps

This is how DeFi prediction markets work (e.g., Polymarket). Supply/demand sets prices organically.

Technical Details

Why Cardano?

  • Low Fees: ~$0.50-1.50 per transaction vs. $20-50 on Ethereum
  • Fast Settlement: ~20 seconds for confirmation
  • Native Tokens: No smart contract needed to mint tokens (cheaper, safer)
  • Scalability: Handles high throughput without congestion
  • Sustainability: Proof-of-Stake = energy efficient
  • Mature Ecosystem: Minswap, SundaeSwap, WingRiders for DEX integration

Discord Bot Core Features

CommandFunction
/linkConnect wallet address to Discord
/balanceCheck token holdings
/claimWithdraw tips/rewards to wallet
/registerSign up team or player
/fantasyEnter weekly fantasy predictions
/leaderboardShow fantasy rankings
/mintOwner mints team tokens

Bot Automation Flow

  1. Match Scheduled: Admin uses /schedule command โ†’ Bot posts match in Discord
  2. Trading Opens: Fans swap tokens in LPs via Minswap
  3. Match Ends: Admin reports winner via /result command
  4. Bot Processes: Reads winner's Team Token holders from blockchain โ†’ Calculates proportional splits โ†’ Triggers airdrop smart contract
  5. Airdrop Executes: 1,000 KGL distributed (200 to owner wallet, 800 split proportionally to holders)
  6. Confirmation: Bot posts results in Discord with explorer links

Wallet Options

WalletPlatformBest For
NamiBrowser ExtensionEasiest for beginners
EternlMobile + DesktopAdvanced features, staking
YoroiMobile + BrowserOfficial Emurgo wallet
FlintBrowser ExtensionLightweight, fast

Security Measures

  • Multi-Sig Treasury: No single person controls funds
  • Audited Contracts: Use tested Cardano NFT/token standards (CIP-25, CIP-68)
  • Public Ledger: All transactions verifiable on-chain
  • Rate Limiting: Discord bot prevents spam/abuse (cooldowns on commands)
  • Wallet Verification: Sign message to prove ownership when linking
  • No Custody: Bot never holds user fundsโ€”only triggers transactions

Scalability Plan

PhaseFeaturesTimeline
Phase 1 (MVP)4 teams, basic bot, manual scoringWeeks 1-6
Phase 2 (Growth)8-12 teams, automated scoring, fantasy appMonths 2-4
Phase 3 (Scale)Multi-game support, mobile app, DAO governanceMonths 6-12

Costs & MVP

Initial Setup Costs

ItemCost (USD)
KK Token Mint$1.50
KGL Token Mint$1.50
Team Tokens (4 teams)$2.80
LP Creations$0.60
Initial LP Liquidity$40
Smart Contracts$5
Discord Bot$0
Domain (optional)$15
Total~$66

MVP Plan: 4-Team Pilot (4-6 Weeks)

  • Week 1: Mint tokens, deploy treasury, build bot, announce
  • Week 2: Register 4 teams, mint Team Tokens, create LPs, airdrop Skunks
  • Week 3-5: Run 2 matches/week (8 total), fantasy, airdrops
  • Week 6: Playoffs, finals, rewards, feedback

Success Metrics

MetricMVP TargetScale Target
Active Participants20-3050-100
LP Trading Volume$500$2,000+
Fantasy Entries150-200500+
Treasury Balance50K KGL200K+ KGL
Bottom Line: For under $100 and 4-6 weeks, launch a fully tokenized, automated, sustainable esports league.

© 2025 Kanna Gaming League | Built on Cardano | @kannaleague

Community-driven, skill-based esports ecosystem. Not financial advice.