Crypto
- Ronin-hosted Rumble Kong League launched its native utility token, called FAME.
- The token supply of 7 billion will be distributed among the team, early adopters and NFT holders, while the rest will remain for community rewards.
- Rumble Kong League is a 3×3 basketball game available on Android and iOS devices.
Like basketball? Like cryptocurrency?
If you answered both those questions with yes, boy do I have some news for you.
Rumble Kong League, a mobile-based bball game that pits three players against one another, is launching its native utility token, FAME.
The token, which has been in the works for the best part of a year, will be airdropped to Rumble Kong players once it is widely available on March 11th.
Related: Ronaldinho’s STAR10 Token Sparks Crypto Controversy Amid Security Gaps and Potential Insider Trading
FAME Tokens to Drop Over the Next Week, 25% to Dev Team
The tokens, which will be airdropped on the Ethereum-based gaming network Ronin, will launch with a total supply of 7 billion FAME.
50% of the supply will be dedicated to the community, with 2.1 billion reserved for an airdrop, staking rewards and NFT holders.
About 140 million tokens will be handed out to those who participated in Season 1 of Rumble Kong League, or early adopters.
One quarter of the total supply is reserved for the development team, although these tokens will be subject to a 2-year vesting period.
There will be a four-day staking period starting today, while the initial purchase period will take place between March 8-10 (UTC time). The starting price will be US $0.00429, equivalent to AUD $0.0068.
🚨 Big News from @RumbleKongs! 🚨
We’re thrilled to announce the upcoming community round for the #FAME token on the Ronin Launchpad!
– Staking Period: March 4, 2025 AM (UTC) to March 8, 2025 AM (UTC)
– Purchase Period: March 8, 2025 PM (UTC) to March 10, 2025 PM (UTC)— Ronin Launchpad (@roninlaunchpad) March 3, 2025
What is Rumble Kong League?
Rumble Kong League is a multiplayer 3v3 basketball game accessible via iOS and Android smart devices.
The game combines playable NFT characters with ‘drip’ and unique abilities to create an action-packed, skill-based experience.
Prowess at the game rewards winners with FAME tokens, allowing high-tier players to participate in leagues and join clubs. Casual players can simply shootaround and show their friends who is boss.
Those who have played any of the NBA 2k games will know about ‘the hood’ – a free-roaming city where you can walk around, communicate with others and b
