LitLab Games, a leading AAA video game publisher, is redefining the digital gaming landscape by integrating blockchain technology into esports. Spearheaded by industry veterans with a track record of successful startups, LitLab Games is the first esports developer and publisher to launch games underpinned by a crypto-based economy. At the heart of their mission is the empowerment of independent professional gamers, providing them with unprecedented opportunities to monetize their skills without relying solely on streaming or content creation. With a vision to create a World Circuit that will forge new legends, LitLab Games is not just about developing diverse, emotion-stirring games, but also about building a cohesive community where digital assets have true ownership and value. Join us as we explore how LitLab Games is changing lives and setting new standards in the world of competitive gaming and beyond.

The Professional Gamer

LitLab Games believes in the independent professional gamer—a player who can monetize their dedication and skill without having to rely on streaming platforms or content creation as the primary source of income. Currently, only a few elite influencers can achieve this. LitLab Games aims to democratize this opportunity, allowing more gamers to earn a living through their passion for gaming.

Esports and Blockchain Integration

LitLab Games is focused on creating a World Circuit with various stops that will forge new legends and change gamers' lives. Their mission is to develop games across all genres that evoke strong emotions among all types of players. They also open their doors widely to content creators, enabling them to view and create content through in-game features.

Token Utility and Ecosystem

The LitLab Games crypto token, known as LITT, serves as the currency for all games published by LitLab Games, including their flagship game, CyberTitans. The token is used for various purposes within the gaming ecosystem, such as joining competitive games with other players, receiving rewards for winning, providing liquidity to the ecosystem, joining tournaments, paying club licenses, purchasing NFTs in the shop/marketplace, accessing early betas, upgrading the battle pass, and more.

Solving the Unified Currency Problem

The primary problem that LITT aims to solve is the lack of a unified currency for gaming across multiple titles. By using the same token for all their games, LitLab Games creates a cohesive ecosystem where assets and rewards can be transferred and used across different games, fostering a larger and more engaged community. This approach also simplifies the process of managing in-game currencies for players, as they only need to deal with one token instead of multiple tokens for different games.

Unique Features and Benefits

The LITT token has several unique features and benefits that set it apart from other tokens:

1. Zero-Sum Economy: The total amount of tokens remains constant, and the value is determined by the balance of supply and demand.
2. Cross-Game Utility: Assets earned or created in one game can be used in future releases by LitLab Games, creating a unified community and ecosystem.
3. Deflationary Mechanism: The token is designed to be burned as a way of life, which helps maintain its value and encourages active participation in the ecosystem.

Tokenomics and Distribution Model

The LitLab Games crypto token, LITT, has a total token supply of 3,000,000,000 tokens, with 291,825,068 tokens currently in circulation. The maximum supply cap is set at 3,000,000,000 LITT tokens. The token distribution model includes allocations for various rounds of funding, such as angel, seed, strategic, KOL, public, and initial liquidity rounds. The total percentage allocated for these rounds is 20.93%, with specific amounts ranging from 1.83% for the public round to 6.67% for the strategic and advisors rounds.

Allocation Breakdown

• Angel Round: 3.5% (104,995,308 LITT)
• Seed Round: 5.83% (174,892,184 LITT)
• Strategic Round: 6.67% (200,091,058 LITT)
• KOL Round: 2.17% (65,097,091 LITT)
• Public Round: 1.83% (54,897,547 LITT)
• Initial Liquidity: 2% (59,997,319 LITT)
• New Games: 18.5% (554,975,199 LITT)
• Marketing: 5% (150,000,000 LITT)
• Liquid Reserves: 7% (210,000,000 LITT)
• In-Game Rewards: 10.83% (324,900,000 LITT)
• Farming: 14% (420,000,000 LITT)
• Airdrops: 1% (30,000,000 LITT)
• Prestaking: 1% (30,000,000 LITT)
• Team: 14% (420,000,000 LITT)

Mechanisms to Control Inflation

1. Token Burning: A method to manage inflation by reducing the total supply of tokens.
2. Staking: Users can stake LITT tokens to acquire NFTs, unlock characteristics, have organization/guild licenses, participate in farming pools, or purchase tournament tickets. Staking reduces the marketable supply and acts as a deflationary force.
3. Liquidity Pools: These enable decentralized lending/borrowing and token swaps on decentralized exchanges, helping to reduce circulating supply.
4. Vesting Periods: Tokens are allocated to various groups with vesting periods to prevent a sudden supply shock. Vesting periods may also be applied in phases to unlock allocated tokens incrementally.

The Team Behind LitLab Games

The team behind LitLab Games consists of experienced professionals with diverse backgrounds in gaming, technology, marketing, and finance.

• Danyil Shatko (CEO): A former esports player and coach with experience in companies like PokerStars, NetEnt, and RFranco Games. He also founded AppGrade.
• Javier Celorrio González (COO): An Innovation Manager and professor at Tutellus.io, with a strong background in developing tokenomics on digital projects like Bull Run the film and Vip 2 Fan.
• Toni Cañas (CTO): A seasoned computer scientist and programmer with over 20 years of experience in companies like Vueling, Volkswagen, and Cirsa. He is also a Unity Team Lead at Zitro Interactive.
• Roi Gómez (CMO): A marketing professional with extensive experience in the gambling sector, having worked for companies like PokerStars, NetEnt, and RFranco Games.
• Javier Flores (Producer): A software program manager with over 20 years of experience in digital environments, having worked for companies like Ubisoft, MGA, and Tangelo.
• David de León (Art Director): An experienced artist with over 5 years of experience in the video game development industry, having worked on notable projects like Hotel Transylvania and Virtway.
• Iván Sala (Strategic Fundraising Manager): A business