About CHI

A Metaverse Token

Wtf is CHI

CHI token, designed as a utility token, is firstly introduced into DragonDAO to be acted as a governance token. It follows the ERC-20 standard with a capped supply of 10 billion. With our long-term vision, it will unleash its potential in the future to power a decentralized metaverse. CHI also acts as the fundamental infrastructure design of Dragon Metaverse, a shared metaverse space for the Dragon Community built on the Dragon Cites.

CHI cannot be treated as any money or financial currency or valued security in the real world and the real economics, CHI is just a governance tool for our ongoing building of open metaverse: Dragon

Supply

CHI, being created to support our long-term vision, is with a capped supply of 10 billion.

Allocation

66% of the CHI supply will be allocated to the community, of which

• 3.26% will be allocated for community building, including grants/events/community support, as an incentive for the ecosystem building;

• 14.74% will be airdropped to Dragon City (Genesis) contributors, active participants of the Dragon City community, Decentraland district contributors, and LAND/ESTATE holders;

• 48% will be allocated to the DragonDAO.

The remaining supply will be locked for one year since launch, of which

• 7% will be kept for our long-term supporters, including investors and advisors;

• 27% will be allocated to the team.

Utility

The holders of CHI tokens will have the right to decide how the Dragon ecosystem develops. They are encouraged to join the Dragon community and participate in the development of the technical infrastructure, content, culture, etc. of Dragon Metaverse. In more detail, this includes the following areas:

• Co-management of DAO treasury;

• MeFi, to build a metaverse system;

• Dragon.Art, a community-centered NFT art marketplace.

Who can claim the airdrop?

You will be eligible for claiming CHI tokens if you meet one of the following requirements:

• If you are the original LAND contributor to Dragon City (Genesis);

• If you are a DCL Private LAND / Estate holder;

• If you are a contributor to other DCL districts;

• If you are a participant in Dragon City (Genesis) events;

• If you have purchased the wearable NFTs of Dragon City (Genesis).

In addition, you will receive the following EXTRA CHI token rewards if you are:

• A LAND contributor who did not claim DCT: 100,000 tokens per LAND contributed;

• A LAND contributor who is holding DCT: 100 tokens per DCT held;

• DCT other holders: 100 CHI per DCT held.

Official Links & Addresses

$CHI Smart Contracts: 0xE61a4c119408ecD8764b6DCf877f6b4c07A21EE4

website: https://dragon.xyz

VERY IMPORTANT 非常重要

• DO NOT interact with the DCT smart contract after our whitelist is created, or you will miss the opportunity to claim your CHI airdrop. 请不要在我们的白名单生成之后去领取旧的DCT代币，如果这样，你将会失去领取新token的资格。

• DO NOT transfer or exchange your DCT tokens after our whitelist is created, or you will miss the opportunity to claim your CHI airdrop. 也不要在我们的空投白名单创建之后去转移/交易DCT, 否则你也将失去token的领取机会。

• DCT tokens (launched by the former operator of Dragon City on Decentraland) will not be able to circulate in the Dragon ecosystem, and DCT will not play any role in the future Dragon community. 由前任DCL龙城运营者发行的DCT代币将会失去效用，无法在未来的Dragon生态继续流通，DCT与龙城社区不具有任何角色。

• Contributors will have 2 years to claim their tokens since the CHI launched, after which any remaining tokens might be sent to the DragonDAO treasury via voting by the community.

• The airdrop snapshot time is 2022/04/09 19:00 (UTC+8). 快照时间为：北京时间 2022年4月9日 19:00点。

NOTICE

CHI is NOT a currency, having no economic value. It is a governance token used to oversee the Dragon Metaverse ecosystem.