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RCC Project Treasury
The Royal Chess Club Project Treasury is the project’s reserve supply of $RCC and 25% of the token distribution will be allocated to it (137,500,000 $RCC).
This treasury may be used for reasons such as but not limited to:
- LBEs (Liquidity-Bootstrapping Events)
- Marketing Purposes
- Token Offerings
- Yield Farming Incentives
- Special Tournament Rewards
The Royal Chess Club Project Treasury is under full control of the Royal Chess Clubteam, and may be used in all methods deemed necessary or useful to the development of the project. The Royal Chess Clubteam will not allow the misuse of this treasury, and will NEVER, distribute tokens amongst team members, advisors, or partners. This can help to build trust and confidence among investors and community members, as it demonstrates a commitment to the long-term success of the project. This treasury exists as the development fund of the project, and will be used to hold special events and ensure the success of the Royal Chess Club ecosystem.