Shrapnel Tokenomics

Pre-Investment Audit Scope Badge

SHRAP Overview & Token Details

Explore Shrapnel's token economy: Play, create, own, and trade with $SHRAP in a dynamic, community-driven ecosystem.

Ticker
$SHRAP
Listing Price
$0
Total Supply
3,000,000,000
Niche
  • Gaming
TGE Date
2023-04-29
Tier 3
Tokenomics
Pre-Investment
Audit
Tokenomics
Audited
Investor
Information

Tokenomics Rating

Rank
#1845
Percentile
Top 95%
9
5
9
Economic Policies
19.75
Investment & Valuation
54.25
Utility & Value Flow
35.27
Liquidity & Market Making
-
Distribution Fairness
35.61

Tokenomics Structure (Token Supply, Allocation & Vesting Overview)

Allocation Distribution

Pool Name
Percentage
Vesting Information
Community Rewards33.00%60m Linear Vesting
Team and Advisors27.00%12m Cliff, 36m Linear Vesting
Seed Token Holders20.00%12m Cliff, 20m Linear Vesting
Ecosystem Fund8.50%6m Cliff, 36m Linear Vesting
Strategic Token Holders7.00%12m Cliff, 20m Linear Vesting
Liquidity And MM3.00%100.0% at TGE
Public Airdrop1.50%100.0% at TGE
---
---
Showing 1-7 out of 7

Category Score
35.61out of 100
Percentile
Top 82%

Allocation Distribution Indicators

Highlights
1
Warnings
1
Alerts
1

Distribution Fairness

Token Allocation Benchmarks (vs Top Projects)

Token Allocation Deviation Analysis

Deviation Status

Public Sale
-6.5%
Medium
Community
-4.2%
Low
Foundation
-10.4%
High
Insiders
+8.6%
Medium
Investors
+12.6%
High

Token Allocation Deviation Analysis

This section evaluates how Shrapnel allocates its token supply compared to leading Gaming projects. It measures deviation across key stakeholder groups and determines whether the allocation aligns with proven benchmarks. The analysis helps assess whether SHRAP follows a fair and balanced distribution structure or introduces concentration risks.

Overall Deviation Status

Medium

Category Score
out of 100
Percentile

Governance Indicators

Highlights
2
Warnings
0
Alerts
2

Token Power

Token Governance Concentration Analysis

This section analyzes who holds actual control over the Shrapnel circulating supply year over year, with a focus on early stages where governance risk is highest. It assesses whether the governance power of SHRAP is centralized or decentralized, and flags any dominance by insiders or investors.

Token Control Status

Launch
Centralized
Year 1
Decentralized
Year 2
Centralized
Year 3
Centralized
Year 4
Centralized

Insider Dominance Test

Failed

Investor Dominance Test

Passed

Category Score
16.98out of 100
Percentile
Top 87%

Inflation Indicators

Highlights
0
Warnings
1
Alerts
3

Emission Type

Circulation

Token Inflation (Annual Analysis)

This section analyzes whether SHRAP token inflation is sustainable over time. We compare annual emission rates against top-performing projects, assess how balanced the vesting and unlock schedules are, and evaluate how inflationary pressure may affect long-term token value, circulating supply growth, and investor dilution.

Year 1 Inflation

580.0%

Year 2 Inflation

311.8%

Year 3 Inflation

59.6%

Year 4 Inflation

22.1%

Inflation YoY

Category Score
24.06out of 100
Percentile
Top 76%

Supply Shock Indicators

Highlights
1
Warnings
1
Alerts
1

Emission Type

Circulation

Monthly Supply Shocks

Token Unlock & Dilution Events

This section tracks every SHRAP token unlock and dilution event across the full vesting timeline. We quantify the size and timing of each release, classify dilution risk levels (low, medium, high), and highlight the largest unlock event by date and percentage of total supply. Charts help understand emission pressure and anticipate potential supply shocks.

Supply Shocks Counter

2 Low Risk
4 Mid Risk
2 High Risk

Highest Supply Shock

36.7%
at Month 1

Detailed Information

Category Score
16.68out of 100
Percentile
Top 82%

Risk of Dilution Indicators

Highlights
1
Warnings
0
Alerts
1

Token Emission, Float and Circulating Supply Analysis

This section evaluates the circulating supply and emission schedule of SHRAP, focusing on its initial float at TGE, its dilution profile over time, and how these levels compare with top-performing projects.

Initial Float

1.50%

Best Performer Float

12.34%

Team Float Control

0.0%
Low Control
Mid Control
High Control
At launch, the team controls 0.0% of the circulating supply, reducing the real initial float to 1.50%.

Circulating Token Supply (YoY)

Vesting Release Schedule

Category Score
54.25out of 100
Percentile
Top 83%

Terms and Conditions Indicators

Highlights
1
Warnings
0
Alerts
0

Investor Round Details

Token Sale Terms and Vesting Details

This section reviews all investor fundraising rounds for Shrapnel and the token purchase terms attached to SHRAP. It compares entry price, unlock structure, vesting length and if terms align with market standards.

Vesting Details

Hover to see the details.
Seed Token Holders
Strategic Token Holders

Target Hardcap

$17.5M
27.0%
73.0%
Shrapnel is selling 27.0% of its total token supply to investors in order to raise $17.5M in funding.

Category Score
28.55out of 100
Percentile
Top 89%

Valuation Indicators

Highlights
1
Warnings
1
Alerts
1

Valuation Comparison

This section compares the tokens valuation and performance to other projects within the same niche. It includes ROI benchmarks from the past year, the last 15 launches, and the top 5 competitors.

Niche ROI (Past Year Gaming)

-15.97%

Niche ROI (Last 15 Gaming)

+29.51%

Project FDV Status

Overvalued
Under
Fairly Valued
Over
Shrapnel is listing at 349.2% higher FDV compared to benchmark listing and current valuation averages.

Valuation Comparison

Valuation (FDV vs VDV)

We compare investor valuations using both Fully Diluted Valuation (FDV) and Vested Diluted Valuation (VDV) models to assess pricing from two key perspectives. The round that ranks highest across both valuation models is considered the best-valued round.

Preferred Round

Seed Token Holders
Best
Out of 2
1
Ranked 1st by VDV
1
Ranked 1st by FDV

Rounds Ranked by FDV

1
Seed Token Holders
$52.5M FDV
2
Strategic Token Holders
$100.0M FDV

Rounds Ranked by VDV

1
Seed Token Holders
$32.5M VDV
2
Strategic Token Holders
$61.8M VDV

Investor FDV vs VDV

VDV Valuation Model

Category Score
out of 100
Percentile

Conclusions Indicators

Highlights
1
Warnings
1
Alerts
0

Investor Round Ranking

This section ranks all investment rounds based on key investor metrics, including break-even speed, recovery at TGE, Fully Diluted Valuation (FDV), and Vested Diluted Valuation (VDV). Each round is scored and ordered from most to least favorable, showing which round offers the strongest conditions for investors in Shrapnel.

Most Favorable Round

Seed Token Holders
Best
Out of 2
1
Ranked 1st by TGE Recovery
1
Ranked 1st by Vesting Speed
1
Ranked 1st by FDV
1
Ranked 1st by VDV

Least Favorable Round

Strategic Token Holders
Worst
Out of 2
1
Ranked 1st by TGE Recovery
1
Ranked 1st by Vesting Speed
2
Ranked 2nd by FDV
2
Ranked 2nd by VDV

Investor Round Ranking

Category Score
65.23out of 100
Percentile

Token Utility Indicators

Highlights
1
Warnings
1
Alerts
2

Token Utility Overview

This section analyzes whether the SHRAP token has a clear economic role within the ecosystem, and more importantly, why users would hold it over time instead of treating it as a purely speculative asset. We evaluate what utility the token provides, which functions it enables, and how it solves real problems across the network.

Utility Score

65.23
Healthy

Value Flow

Weak
Utility Type
Status
Description
Governance
Token holders participate in Radon Network Guidance DAO decisions for game development
Gas Fee
Required for transactions on the Shrapnel subnet (on Avalanche)
Medium of Exchange
Default currency for trades on the Shrapnel marketplace
Staking (DPoS)
No network consensus staking for holders
Access / Feature Unlock
Core gameplay accessible without tokens
Showing 1-5 out of 5

Category Score
20.295out of 100
Percentile

Value Capture Indicators

Highlights
1
Warnings
1
Alerts
2
Value Accrual
Status
Description
Burn
No token burn mechanisms despite marketplace activity and gas usage
Buyback and LP
No buyback program or liquidity provision mechanisms identified
Fee Redistribution
Transaction fees go to protocol, not redistributed to holders
ve-Token Models
No vote-escrowed tokenomics implemented
Revenue Share
Content creators earn from marketplace sales, but no direct holder revenue share
Showing 1-5 out of 5

Token Buybacks, Burns & Value Accrual

This section is one of the most important layers: it analyzes whether Shrapnel (SHRAP) captures and retains on-chain value and how effectively that value flows back to the token. We examine fee redistribution, staking rewards, buyback mechanisms, burn models, and whether the protocol creates real token sinks that reduce sell pressure over time.

Value Accrual

Poor

Value Capture

Weak
NFT Marketplace
Trade weapons, skins, maps (10-50 SHRAP per item)
Gas Fees
Shrapnel Subnet (Avalanche)
Content Minting
Create maps, skins, vanity items
Governance
Radon Network DAO voting
Extraction Packs
Early access bundles
Value Capture
Fee Collection (Weak Mechanisms)
Protocol Treasury
18% supply (540M tokens)
Creator Economy
User-generated content
Creator Rewards
Performance-based incentives

SHRAP Tokenomics FAQ – Key Questions About Shrapnel

What is the utility of the SHRAP token?

Shrapnel has 3 primary token utilities:

  • Governance: Token holders participate in Radon Network Guidance DAO decisions for game development
  • Gas Fee: Required for transactions on the Shrapnel subnet (on Avalanche)
  • Medium of Exchange: Default currency for trades on the Shrapnel marketplace

What is the token allocation for SHRAP?

Shrapnel token distribution allocates 3,000,000,000 SHRAP across 4 primary stakeholder groups:

  • Community: 34.50% (Community Rewards 33.00%, Public Airdrop 1.50%)
  • Insiders: 27.00% (Team and Advisors 27.00%)
  • Investors: 27.00% (Seed Token Holders 20.00%, Strategic Token Holders 7.00%)
  • Foundation: 11.50% (Ecosystem Fund 8.50%, Liquidity And MM 3.00%)

What is the vesting schedule for SHRAP?

SHRAP uses variable cliffs and vesting schedules that change depending on the allocation:

  • Community Rewards: 60m Linear Vesting
  • Team and Advisors: 12m Cliff, 36m Linear Vesting
  • Seed Token Holders: 12m Cliff, 20m Linear Vesting
  • Ecosystem Fund: 6m Cliff, 36m Linear Vesting
  • Strategic Token Holders: 12m Cliff, 20m Linear Vesting
  • Liquidity And MM: 100.0% at TGE
  • Public Airdrop: 100.0% at TGE

How many SHRAP tokens unlock at TGE?

4.5% of the total supply (135,000,000 SHRAP) is unlocked at TGE, with the tokens split between Foundation and Community.

What is the total supply and circulating supply of SHRAP?

Shrapnel has a total supply of 3,000,000,000 SHRAP, of which 2,004,083,325 SHRAP (66.8% of total) is currently circulating.

What is the token emission schedule for SHRAP?

Total length of the full Shrapnel emission schedule is 6 years, with 11.97% released in Year 1, while the remaining 88.03% is released over the following 5 years.

What are the investor terms for SHRAP private and seed rounds?

Shrapnel has 2 investor rounds, with the following investment price and vesting:

  • Seed Token Holders: priced at $0.0175, with 12m Cliff, 20m Linear Vesting
  • Strategic Token Holders: priced at $0.0333, with 12m Cliff, 20m Linear Vesting

What percentage of SHRAP is allocated to the community?

34.5% of the Shrapnel supply is allocated to community focused pools such as Community Rewards and Public Airdrop.

What is Shrapnel (SHRAP)?

Shrapnel is pioneering a dynamic, multi-faceted economic ecosystem that invites gamers, creators, curators, and landowners to engage deeply with its innovative platform. Through the Shrapnel economy, participants can engage in play, creation, ownership, and governance, all while being incentivized by the native token, $SHRAP. Players immerse themselves in Shrapnel's universe, purchasing gear or extracting valuable items during game sessions. These assets are then tradeable in the SHRAPNEL Marketplace for $SHRAP, providing a rewarding experience for active participants. Creators flourish by designing a range of assets, from vanity items to bespoke weapons, maps, and intricate map objects, monetizing their efforts and driving economic vitality within the platform. Their innovation not only stimulates market activity but fosters a collaborative environment where their creations gain value and recognition. Curators add another layer to this vibrant ecosystem by identifying high-quality content that resonates with the community. Their discerning eye ensures quality control and exposes players to the best of what Shrapnel has to offer, while earning their own share of the game's economic rewards. Landowners complete this intricate network by making substantial investments in the ecosystem. They not only secure a portion of the economic benefits generated but also contribute significantly to the platform's infrastructure and growth, creating a stable foundation for the ecosystem's continuous evolution. At its core, Shrapnel's tokenomics embody a virtuous cycle propelled by community interaction and contribution. As more personas join, the economic activity intensifies, uncovering new opportunities for collaboration and discovery that perpetuates the ecosystem's expansion. With $SHRAP, the platform promises a robust, user-driven economic landscape built on innovation, engagement, and shared success.

This tokenomics data is maintained by Tokenomics.com and updated automatically from our analytics engine.

Page last updated: