What happens when you combine the nostalgic charm of classic board games with cutting-edge blockchain technology? Enter LadderCaster, a groundbreaking strategy NFT game built on the Solana blockchain. Harnessing the power of the Ladder Token (LADA), players dive into an immersive universe where they can earn rewards, trade assets, and shape the future of the game through decentralized governance. Intrigued? Read on to discover how LadderCaster is setting the stage for the next evolution of gaming.

What is LadderCaster (LADA)?

LadderCaster is a Solana-based strategy NFT game and player-to-player market that combines elements of classic board games with blockchain and NFT technologies. The Ladder Token (LADA) is an SPL utility and governance token that powers the LadderCaster game and ecosystem. LADA can be earned every turn by burning resources and is used to purchase spellcasters – the character NFTs required to play the game.

Key Functions of LADA

LADA has been designed to serve three primary functions:

1. Rewarding Players: Players are rewarded for interacting with the LadderCaster game and community.
2. Economic Stabilizer: LADA acts as the main economic stabilizer for the ecosystem, contributing to the "burn-and-earn" mechanics of the game.
3. Decentralized Governance: LADA decentralizes the ownership and governance of LadderCaster, allowing players to have a say in the game's future.

Tokenomics and Distribution Model

The maximum supply of LADA is 1 billion tokens, distributed as follows:

• 50%: Distributed by playing the game.
• 25%: Allocated to the treasury.
• 25%: Reserved for the team and investors.

LadderCaster has implemented a transparent payment scheduling system for team and investor tokens. All 250 million team and investor tokens are programmatically placed onto the Serum Orderbook through the Serum Splitter smart contract.

Token Breakdown

• Total Supply: 1 billion LADA tokens.
• Circulating Supply: 0.00 LADA tokens (as of the latest data).
• Current Price: $0.0006.
• Market Cap: $0.00.
• 24h Price Change: 3.59%.
• 7d Price Change: -1.06%.
• 30d Price Change: 20.86%.
• 24h High: $0.0006.
• 24h Low: $0.0006.
• All-Time High: $0.0706 (2022-05-07).
• All-Time Low: $0.0000 (2023-10-29).

Founders of LadderCaster

LadderCaster is founded by Calvin Maighan, Aidan Neil, and Rea Loretta.

• Calvin Maighan: A full-stack designer and developer who built the design system for Newton, the largest cryptocurrency exchange in Canada.
• Aidan Neil: A UX researcher and communications lead with a career in innovation, service design, and delivery.
• Rea Loretta: A serial founder-entrepreneur, engineer, and tech designer. She is also an advisor and influencer in the blockchain industry.

Where to Buy Ladder Token (LADA)?

LADA is available on Raydium, an automated market maker and liquidity provider built on Solana for the Serum decentralized exchange, as well as on Jupiter, a swap aggregator on Solana.

Purpose and Utility of the LadderCaster Crypto Token

The LadderCaster (LADA) crypto token is an SPL (Solana-based) utility and governance token that powers the LadderCaster game and ecosystem. The token is used as a means of payment and can be earned every turn by burning resources within the game. The purpose of the token is to facilitate transactions and interactions within the LadderCaster ecosystem, providing a specific action within the blockchain of the project. It is designed to perform a specific function, such as granting access to certain services, products, networks, or platforms. In the case of LadderCaster, the token is used within the game and ecosystem for earning and spending, providing a utility for players and users.

Functions Within the Ecosystem

1. Governance: Token holders have the opportunity to lead the project, dAPP, or DAO, and help steer its direction alongside other token holders. Governance rights typically include the opportunity to vote on proposals, the direction of the project, and the recruitment of new team members.
2. Payment Method: Utility tokens like LADA can be used as a means of payment for goods and services. In the case of LadderCaster, LADA can be earned every turn by burning resources and is used to buy spellcasters.
3. Yield Farming: LADA can be earned through staking, which involves locking up your rewards or tokens to earn interest or other rewards. This process is generally considered less risky than yield farming, as holders only need to stake one token to start earning more of that same token.

Unique Features and Benefits

One unique feature of the LADA token is its ability to be earned every turn by burning resources, which encourages active participation and engagement within the game. This mechanism incentivizes players to continuously interact with the game, creating a more dynamic and vibrant ecosystem.

Additionally, the LadderCaster game is built on the Solana blockchain, which is known for its high-speed, low-fee transactions, making it an ideal platform for dApps that require high on-chain interactions. This feature sets LadderCaster apart from other tokens built on slower and more expensive blockchain networks.

Furthermore, LadderCaster is a real-time mobile strategy and NFT market economy game, combining elements of classic board games, ranking, and market features, integrating blockchain and NFT technology into its ecosystem. This unique gameplay experience, combined with the utility and governance features of the LADA token, creates a compelling value proposition for players and investors alike.

Tokenomics and Distribution Model

The tokenomics and distribution model of the LadderCaster crypto token can be outlined as follows:

1. Total Supply: The total supply of LadderCaster tokens is 1,000,000,000 LADA.
2. Circulating Supply: The circulating supply of LadderCaster tokens is 748,100,575 LADA.
3. Maximum Supply Cap: The maximum supply cap for LadderCaster tokens is 1,000,000,000 LADA.
4. Utility: LADA is used to purchase spellcasters – the character NFTs required to play the game.
5. Earning: LADA can be earned every turn by burning resources.
6. Governance: LADA serves as a governance token, allowing holders to participate in the decision-making process for the LadderCaster ecosystem.

Distribution Model

The LadderCaster team and investors hold 250 million tokens, which are programmatically placed onto the Serum Orderbook through the Serum Splitter smart contract for transparent payment scheduling. The remaining 750 million tokens are distributed as follows:

• Playing the game: 50% of the total supply (500 million tokens) is distributed by playing the game.
• Treasury: 25%