๐ฎ 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 freeโtokens 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 participationโnot 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
๐ Blockchain
A digital ledger (like a shared database) that records all transactions publicly and permanently. Cardano is the specific blockchain we're using.
๐ฐ 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.
๐ง 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.
๐ DEX (Decentralized Exchange)
A website/app where you trade tokens directly from your walletโno middleman. We use Minswap on Cardano.
๐ฆ 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.
๐ Airdrop
Free tokens sent directly to your wallet. In our system, airdrops happen automatically when your team wins.
๐ฅ Burn
Permanently destroying tokens by sending them to an unusable address. Reduces total supply, which can increase scarcity/value.
๐ช Minting
Creating new tokens. When we "mint" Team Tokens, we're generating 10,000 fresh tokens for that team/season.
๐ต 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)
Attribute | Value |
---|---|
Total Supply | 1 Billion (Fixed Forever) |
Blockchain | Cardano |
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
Attribute | Value |
---|---|
Per Season | 500 Million |
Policy | Same 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
Attribute | Value |
---|---|
Per Team | 10,000 tokens |
Policy | Unique Per Team/Season |
Lifecycle | One 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
Event | Amount | Recipients |
---|---|---|
Team Match Win | 1,000 KGL | Owner (200) + Holders (800 proportional) |
Fantasy Weekly | 500 KGL | Top leaderboard (split) |
MVP Award | 300 KGL | Voted winner |
Creator Monthly | 300-500 tokens | Active creators/mods |
User Roles
Universal Rule: Discord is free. Playing is free. Watching is free. Tokens are optional but required for earning rewards.
๐ฎ 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).
๐ 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.
๐ 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.
๐จ Content Creators & Staff
Participation: Free to create content, moderate Discord, host broadcasts.
Rewards: Monthly allocations (300-500 KGL/KK), tips, community vote bonuses.
๐ฆจ 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)
- Pre-match: Fans buy Team A Tokens
- LP response: Team A price rises (0.1 โ 0.3 KGL) as supply shrinks
- Team B LP: Less demand โ price stays low (0.08 KGL)
- Result: Market "odds" are 3:1 for Team A
- 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
Command | Function |
---|---|
/link | Connect wallet address to Discord |
/balance | Check token holdings |
/claim | Withdraw tips/rewards to wallet |
/register | Sign up team or player |
/fantasy | Enter weekly fantasy predictions |
/leaderboard | Show fantasy rankings |
/mint | Owner mints team tokens |
Bot Automation Flow
- Match Scheduled: Admin uses /schedule command โ Bot posts match in Discord
- Trading Opens: Fans swap tokens in LPs via Minswap
- Match Ends: Admin reports winner via /result command
- Bot Processes: Reads winner's Team Token holders from blockchain โ Calculates proportional splits โ Triggers airdrop smart contract
- Airdrop Executes: 1,000 KGL distributed (200 to owner wallet, 800 split proportionally to holders)
- Confirmation: Bot posts results in Discord with explorer links
Wallet Options
Wallet | Platform | Best For |
---|---|---|
Nami | Browser Extension | Easiest for beginners |
Eternl | Mobile + Desktop | Advanced features, staking |
Yoroi | Mobile + Browser | Official Emurgo wallet |
Flint | Browser Extension | Lightweight, 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 fundsโonly triggers transactions
Scalability Plan
Phase | Features | Timeline |
---|---|---|
Phase 1 (MVP) | 4 teams, basic bot, manual scoring | Weeks 1-6 |
Phase 2 (Growth) | 8-12 teams, automated scoring, fantasy app | Months 2-4 |
Phase 3 (Scale) | Multi-game support, mobile app, DAO governance | Months 6-12 |
Costs & MVP
Initial Setup Costs
Item | Cost (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
Metric | MVP Target | Scale Target |
---|---|---|
Active Participants | 20-30 | 50-100 |
LP Trading Volume | $500 | $2,000+ |
Fantasy Entries | 150-200 | 500+ |
Treasury Balance | 50K KGL | 200K+ KGL |
Bottom Line: For under $100 and 4-6 weeks, launch a fully tokenized, automated, sustainable esports league.