Tokenomics Update

Dear Cross The Ages Community,

We are making pivotal changes to the $CTA tokenomics and our approach moving forward. Given the evolving market landscape and our product development timeline, we have decided to accelerate token unlocks.

Key Changes and Rationale

Accelerated Unlock Schedule

The vesting period from November 15 to December 15 will be condensed, compressing three months into one. As a result, all tokens scheduled for this period will be fully unlocked by December 15.

From December 15 onwards, we will further speed up the vesting process. Instead of unlocking tokens monthly, they will now be distributed daily over 90 days, ensuring all tokens are distributed quickly while keeping the proportionality among Seed, Private, Presales, Advisors, and Marketing pools.
Thus, all vested tokens will be fully unlocked by March 15, 2025.

Here’s the adjusted schedule for each pool:

• Advisors: Over 5 days, from December 15 to December 20
• Marketing A: Over 5 days, from December 15 to December 20
• Presale B: Over 5 days, from December 15 to December 20
• Presale A: Over 7.5 days, from December 15 to December 23
• Private: Over 52.5 days, from December 15 to February 6
• Seed: Over 90 days, from December 15 to March 15
• Marketing B: Over 32.5 days, from December 21 to January 19

Then, on March 16, the Treasury pool will be fully unlocked to support future product development with all funds securely stored in a multi-sig wallet on Ethereum until further notice.

Impact on Market Liquidity

By accelerating the unlocks, we aim to reduce constant monthly selling pressure that has hindered token price stability and growth. The current market price, often viewed as deceptive and currently hovering around the Seed level, has created challenges.

This strategy prevents further lock-ups and helps alleviate ongoing sell-offs, allowing for a healthier, more stable market environment.

Comprehensive Product Launch

By releasing all token-related components simultaneously, we eliminate the need to test various strategies in a piecemeal manner. This unified approach will allow the market to react to our complete product ecosystem, gradually reducing selling pressure as our products mature and gain traction.

Staking and Blockchain Migration Updates

Unstaking and Airdrop Adjustments

On November 6, all tokens will be unstaked after the weekly airdrop. Additionally, for the next two airdrops, there will be no staking buffer, giving the community full autonomy to manage their holdings and make informed decisions without restrictions.

During our future blockchain migration, we will conduct another full unstaking, ensuring a seamless transition.

$CTA Treasury and OTC Updates

Tokens collected from in-game purchases are either securely stored in a multi-sig vault or made available back for OTC deals in the shop. Moving forward, we will not use the $CTA in the vault to restock tokens for OTC deals. Only tokens gathered through new purchases will be available in the shop; if none are available, they must be acquired directly from the open market.

Following our blockchain migration, we will streamline transactions by enabling direct market buys on the Portal, including credit card on-ramp options, and discontinuing OTC deals.

We are confident that these measures will provide more flexibility to our community and set the stage for sustainable growth. Thank you for your ongoing support and trust in Cross The Ages.

Cross The Ages Team