Cosmic Gold - Governance Token (On Chain)

Cosmic Gold (COSG) is the governance token for the Cosmic Champs universe and a play-to-earn token. There is a finite amount of COSG in the cosmos which is released on a predetermined vesting schedule (see section 5.2). Players may earn COSG by winning battles and completing other tasks within the Cosmic universe.

COSG will be the primary play-to-earn token until there are enough players in the game to sustain launching Experience shards (EXPS) which will take over as the primary play-to-earn token. When EXPS launches, less COSG will be paid out via the game than EXPS. COSG may be used to: earn staking rewards, enter NFT prize games, buy new season NFTs, in-game purchases, and participate in the governance of the game. Players, Planet owners, and the community treasury will all earn COSG from subset of battles. Of the two players in a battle, only the winner will receive a payment of COSG. The total tokens available for rewards from each battle will be divided between the three groups. The winning player will receive the most tokens, and the Planet owner and the community treasury will receive a small allocation. The payment amounts are to be determined. See the table below for an example of how this may look in the game.

	Players	Planet Owners	Community Treasury
Total tokens per battle*	20	20	20
% of tokens earned*	70%	20%	10%
Tokens paid*	14	4	2

*Value is for illustrative purposes only. Actual value may differ.

When EXPS launches as the primary play-to-earn token, these payments to players, planet owners, and the community treasury will in bigger part swith to EXPS.