Legal Disclaimer

PLEASE READ THE ENTIRETY OF THIS “LEGAL DISCLAIMER” SECTION CAREFULLY. NOTHING HEREIN CONSTITUTES LEGAL, FINANCIAL, BUSINESS OR TAX ADVICE AND YOU ARE STRONGLY ADVISED TO CONSULT YOUR OWN LEGAL, FINANCIAL, TAX OR OTHER PROFESSIONAL ADVISOR(S) BEFORE ENGAGING IN ANY ACTIVITY IN CONNECTION HEREWITH. NEITHER FUTURE FUTURE LABS LTD. (THE COMPANY), ANY OF THE PROJECT TEAM MEMBERS (THE ZED RUN TEAM) WHO HAVE WORKED ON ZED RUN (AS DEFINED HEREIN) OR PROJECT TO DEVELOP ZED RUN IN ANY WAY WHATSOEVER, ANY DISTRIBUTOR/VENDOR OF ZED TOKENS (THE DISTRIBUTOR), NOR ANY SERVICE PROVIDER SHALL BE LIABLE FOR ANY KIND OF DIRECT OR INDIRECT DAMAGE OR LOSS WHATSOEVER WHICH YOU MAY SUFFER IN CONNECTION WITH ACCESSING THE PAPER, DECK OR MATERIAL RELATING TO ZED TOKEN (THE TOKEN DOCUMENTATION) AVAILABLE ON THE WEBSITE AT HTTPS://ZEDTOKEN.COM (THE WEBSITE, INCLUDING ANY SUB-DOMAINS THEREON) OR ANY OTHER WEBSITES OR MATERIALS PUBLISHED BY THE COMPANY FROM TIME TO TIME.

Project purpose: You agree that you are acquiring the ZED Token to participate in ZED RUN and to obtain services on the ecosystem thereon. The Company, the Distributor and their respective affiliates would develop and contribute to the underlying source code for ZED RUN. The Company is acting solely as an arms’ length third party in relation to the ZED Token distribution, and not in the capacity as a financial advisor or fiduciary of any person with regard to the distribution of ZED Token.

Nature of the Token Documentation: The Token Documentation is a conceptual paper that articulates some of the main design principles and ideas for the creation of a digital token to be known as, ZED Token. The Token Documentation and the Website are intended for general informational purposes only and do not constitute a prospectus, an offer document, an offer of securities, a solicitation for investment, any offer to sell any product, item, or asset (whether digital or otherwise), or any offer to engage in business with any external individual or entity provided in said documentation. The information herein may not be exhaustive and does not imply any element of, or solicit in any way, a legally-binding or contractual relationship. There is no assurance as to the accuracy or completeness of such information and no representation, warranty or undertaking is or purported to be provided as to the accuracy or completeness of such information. Where the Token Documentation or the Website includes information that has been obtained from third party sources, the Company, the Distributor, their respective affiliates and/or the ZED RUN team have not independently verified the accuracy or completeness of such information. Further, you acknowledge that the project development roadmap, platform/network functionality are subject to change and that the Token Documentation or the Website may become outdated as a result; and neither the Company nor the Distributor is under any obligation to update or correct this document in connection therewith.

Validity of Token Documentation and Website: Nothing in the Token Documentation or the Website constitutes any offer by the Company, the Distributor, or the ZED RUN team to sell any ZED Token (as defined herein) nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision. Nothing contained in the Token Documentation or the Website is or may be relied upon as a promise, representation or undertaking as to the future performance of ZED RUN. The agreement between the Distributor (or any third party) and you, in relation to any distribution or transfer of ZED Token, is to be governed only by the separate terms and conditions of such agreement.

The information set out in the Token Documentation and the Website is for community discussion only and is not legally binding. No person is bound to enter into any contract or binding legal commitment in relation to the acquisition of ZED Token, and no digital asset or other form of payment is to be accepted on the basis of the Token Documentation or the Website. The agreement for distribution of ZED Token and/or continued holding of ZED Token shall be governed by a separate set of Terms and Conditions or Token Distribution Agreement (as the case may be) setting out the terms of such distribution and/or continued holding of ZED Token (the Terms and Conditions), which shall be separately provided to you or made available on the Website. The Terms and Conditions must be read together with the Token Documentation. In the event of any inconsistencies between the Terms and Conditions and the Token Documentation or the Website, the Terms and Conditions shall prevail.

Deemed Representations and Warranties: By accessing the Token Documentation or the Website (or any part thereof), you shall be deemed to represent and warrant to the Company, the Distributor, their respective affiliates, and the ZED RUN team as follows:

a. in any decision to acquire any ZED Token, you have not relied on and shall not rely on any statement set out in the Token Documentation or the Website;

b. you will and shall at your own expense ensure compliance with all laws, regulatory requirements and restrictions applicable to you (as the case may be);

c.you acknowledge, understand and agree that ZED Token may have no value, there is no guarantee or representation of value or liquidity for ZED Token, and ZED Token is not an investment product nor is it intended for any speculative investment whatsoever;

d. none of the Company, the Distributor, their respective affiliates, and/or the ZED RUN team members shall be responsible for or liable for the value of ZED Token, the transferability and/or liquidity of ZED Token and/or the availability of any market for ZED Token through third parties or otherwise; and

e. you acknowledge, understand and agree that you are not eligible to participate in the distribution of ZED Token if you are a citizen, national, resident (tax or otherwise), domiciliary and/or green card holder of a geographic area or country (i) where it is likely that the distribution of ZED Token would be construed as the sale of a security (howsoever named), financial service or investment product and/or (ii) where participation in token distributions is prohibited by applicable law, decree, regulation, treaty, or administrative act (including without limitation the United States of America, Canada, and the People’s Republic of China); and to this effect you agree to provide all such identity verification document when requested in order for the relevant checks to be carried out.

The Company, the Distributor and the ZED RUN team do not and do not purport to make, and hereby disclaims, all representations, warranties or undertaking to any entity or person (including without limitation warranties as to the accuracy, completeness, timeliness, or reliability of the contents of the Token Documentation or the Website, or any other materials published by the Company or the Distributor). To the maximum extent permitted by law, the Company, the Distributor, their respective affiliates and service providers shall not be liable for any indirect, special, incidental, consequential or other losses of any kind, in tort, contract or otherwise (including, without limitation, any liability arising from default or negligence on the part of any of them, or any loss of revenue, income or profits, and loss of use or data) arising from the use of the Token Documentation or the Website, or any other materials published, or its contents (including without limitation any errors or omissions) or otherwise arising in connection with the same. Prospective acquirors of ZED Token should carefully consider and evaluate all risks and uncertainties (including financial and legal risks and uncertainties) associated with the distribution of ZED Token, the Company, the Distributor and the ZED RUN team.

ZED Token: ZED Token are designed to be utilized, and that is the goal of the ZED Token distribution. In particular, it is highlighted that ZED Token:

a. does not have any tangible or physical manifestation, and does not have any intrinsic value (nor does any person make any representation or give any commitment as to its value);

b. is non-refundable and cannot be exchanged for cash (or its equivalent value in any other digital asset) or any payment obligation by the Company, the Distributor or any of their respective affiliates;

c. does not represent or confer on the token holder any right of any form with respect to the Company, the Distributor (or any of their respective affiliates), or their revenues or assets, including without limitation any right to receive future dividends, revenue, shares, ownership right or stake, share or security, any voting, distribution, redemption, liquidation, proprietary (including all forms of intellectual property or license rights), right to receive accounts, financial statements or other financial data, the right to requisition or participate in shareholder meetings, the right to nominate a director, or other financial or legal rights or equivalent rights, or intellectual property rights or any other form of participation in or relating to ZED RUN, the Company, the Distributor and/or their service providers;

d. is not intended to represent any rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss;

e. is not intended to be a representation of money (including electronic money), security, commodity, bond, debt instrument, unit in a collective investment scheme or any other kind of financial instrument or investment;

f. is not a loan to the Company, the Distributor or any of their respective affiliates, is not intended to represent a debt owed by the Company, the Distributor or any of their respective affiliates, and there is no expectation of profit; and

g. does not provide the token holder with any ownership or other interest in the Company, the Distributor or any of their respective affiliates.

Notwithstanding the ZED Token distribution, users have no economic or legal right over or beneficial interest in the assets of the Company, the Distributor, or any of their affiliates after the token distribution.

To the extent a secondary market or exchange for trading ZED Token does develop, it would be run and operated wholly independently of the Company, the Distributor, the distribution of ZED Token and ZED RUN. Neither the Company nor the Distributor will create such secondary markets nor will either entity act as an exchange for ZED Token.

Informational purposes only: The information set out herein is only conceptual, and describes the future development goals for ZED RUN to be developed. In particular, the project roadmap in the Token Documentation is being shared in order to outline some of the plans of the ZED RUN team, and is provided solely for INFORMATIONAL PURPOSES and does not constitute any binding commitment. Please do not rely on this information in deciding whether to participate in the token distribution because ultimately, the development, release, and timing of any products, features or functionality remains at the sole discretion of the Company, the Distributor or their respective affiliates, and is subject to change. Further, the Token Documentation or the Website may be amended or replaced from time to time. There are no obligations to update the Token Documentation or the Website, or to provide recipients with access to any information beyond what is provided herein.

Regulatory approval: No regulatory authority has examined or approved, whether formally or informally, any of the information set out in the Token Documentation or the Website. No such action or assurance has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of the Token Documentation or the Website does not imply that the applicable laws, regulatory requirements or rules have been complied with.

Cautionary Note on forward-looking statements: All statements contained herein, statements made in press releases or in any place accessible by the public and oral statements that may be made by the Company, the Distributor and/or the ZED RUN team, may constitute forward-looking statements (including statements regarding the intent, belief or current expectations with respect to market conditions, business strategy and plans, financial condition, specific provisions and risk management practices). You are cautioned not to place undue reliance on these forward-looking statements given that these statements involve known and unknown risks, uncertainties and other factors that may cause the actual future results to be materially different from that described by such forward-looking statements, and no independent third party has reviewed the reasonableness of any such statements or assumptions. These forward-looking statements are applicable only as of the date indicated in the Token Documentation, and the Company, the Distributor as well as the ZED RUN team expressly disclaim any responsibility (whether express or implied) to release any revisions to these forward-looking statements to reflect events after such date.

References to companies and platforms: The use of any company and/or platform names or trademarks herein (save for those which relate to the Company, the Distributor or their respective affiliates) does not imply any affiliation with, or endorsement by, any third party. References in the Token Documentation or the Website to specific companies and platforms are for illustrative purposes only.

English language: The Token Documentation and the Website may be translated into a language other than English for reference purpose only and in the event of conflict or ambiguity between the English language version and translated versions of the Token Documentation or the Website, the English language versions shall prevail. You acknowledge that you have read and understood the English language version of the Token Documentation and the Website.

No Distribution: No part of the Token Documentation or the Website is to be copied, reproduced, distributed or disseminated in any way without the prior written consent of the Company or the Distributor. By attending any presentation on this Token Documentation or by accepting any hard or soft copy of the Token Documentation, you agree to be bound by the foregoing limitations.

About Us

Future Future Labs Limited (“Future Future Labs” or “FFL”) is a limited liability company located in the British Virgin Islands. We are a web3 focused token company composed of crypto, legal, and marketing experts. Our mission is to collaborate with well-established projects within the blockchain and Non-Fungible Token (“NFT”) space.

We are believers in the future of gaming, Play-and-Earn (“P&E”), and community-driven projects. As such, the ZED Token will be first integrated into ZED RUN.

ZED RUN: Emerging Culture through Future Entertainment

By democratizing racehorse ownership, ZED RUN and its community have caught the attention of horse racing fans, sports fans, gamers, and web3 adopters.

ZED RUN is a popular P&E digital horse racing game, in which owners of digital racehorse NFTs can engage in skill-based gameplay. ZED RUN has taken inspiration from the real world of horse racing and has fused it with web3 technologies, and as a result has brought the “sport of kings” into the metaverse.  

Within three (3) years of launching, ZED RUN has demonstrated product-market fit by:

  • Securing USD $140M+ in primary and secondary market trades across 225,000+ transactions
  • Supporting 50,000+ unique racehorse owners
  • Over 200,000 community bred racehorses
  • Celebrating 2,000,000+ races and counting
  • Generating more than USD $40M in community-earned racing rewards over 6M transactions

NFTs & Play-and-Earn: A New Revolution

Overview

The intersection between NFTs and P&E is fast becoming one of the biggest digital transformations ever seen in video gaming history.

Blockchain technology has ushered in many innovations that are fundamentally beginning to re-shape the way individuals bank, transact, socialize and game with one another.

Virtual Currencies

Video games have long had their own centralized virtual currencies. However, we have seen that blockchain-powered video games are changing this dynamic. Not only are web3 in-game items (i.e. power-ups or collectibles) tradable as NFTs on an open market, video game virtual currencies are now often created as blockchain tokens.

We believe that P&E opportunities are enhanced by providing more utility than ever before by allowing players to use their rewards across a much wider network of assets, games, and entertainment experiences.

Introducing ZED Token

The ZED Token is a fungible cryptographic token that exists on the Ethereum and Polygon blockchains. The ZED Token will, over time, become the main utility token and in-game currency of ZED RUN and is intended to be leveraged across P&E utility-based video games.

Future Future Labs has collaborated with ZED RUN to develop, integrate, and distribute the ZED Token. The goals of integrating the ZED Token into ZED RUN’s ecosystem are:

  • Providing access to a wider range of game functionality
  • Creating a convenient and secure mode of payment in the ZED RUN platform
  • Allowing for settlement between participants who interact on ZED Token powered ecosystems
  • Providing the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on ZED RUN (in particular rewards to be distributed to players under the P&E mechanism), thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. Given that additional ZED Tokens will be awarded to a user based only on its actual usage, activity and efforts made on ZED RUN and/or proportionate to the frequency and volume of transactions, users of ZED RUN and/or holders of ZED Token which did not actively participate will not receive any ZED Token incentives.

ZED Token is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. ZED Token does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will ZED Token entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in the British Virgin Islands, Singapore or any relevant jurisdiction.

ZED Token may only be utilized on ZED RUN, and ownership of the same carries no rights, express or implied, other than the right to use ZED Token as a means to enable usage of and interaction within ZED RUN. The secondary market pricing of ZED Token is not dependent on the effort of the ZED RUN team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.

Our Role

Future Future Lab’s primary role is to serve as the developer of the ZED Token network. We are not the governing body, but rather serve as the base layer which players may utilize and further build upon. We will also facilitate, maintain, develop and administer the day-to-day operations of the ecosystem.

Our Commitment

Through ZED RUN, we are committed to the mission of a sustainable decentralized ZED Token ecosystem. We do recognize that there are still many features at the protocol level that need to be developed and implemented and are committed to implementing them in due course.

We want the ZED Token to focus on utility and ecosystem sustainability.

It is important to reiterate that ZED RUN simply comprises a set of autonomous smart contracts deployed on the relevant blockchain network, operated directly by users calling functions on it (which allows them to interact with other users and/or pool their own selected assets in a multi-party peer-to-peer manner). There is no further control by or interaction with the original entity which had deployed the smart contract, which entity solely functions as a provider of technical tools for users, and is not offering any gambling, securities product, or regulated service nor does it hold any user assets in custody.

Our current focus is to maximize token distribution across as many members of the community and introduce more community-created functionality. We also intend to deliver more robust governance and voting frameworks to help support initiatives such as:

  • Implementing ZED Tokens into new protocols;
  • Improvements to voting and proposals framework(s); and
  • Distribution of the Ecosystem Fund for active ecosystem participants.

Governance

We know that token protocols are primarily built around community, its participation and influence.

We intend to usher in the next phase of community-led growth for the ZED Token by building a scalable entertainment protocol that delivers influence to gamers, creators, and fans.

The right to vote is restricted solely to voting on certain features of ZED RUN; it does not entitle ZED Token holders to vote on the operation and management of the Company, its affiliates, or their assets or the disposition of such assets to token holders, or select the board of directors or similar bodies of these entities, or determine the development direction of these entities, nor does ZED Token constitute any equity interest in any of these entities or any collective investment scheme; the arrangement is not intended to be any form of joint venture or partnership.

Token Management

The ZED Token is a utility native ERC-20 token deployed on both Ethereum and Polygon.

The ZED Token allocations, once fully released or released after an initial lock-up period and will be managed by a multi-signature wallet address. Please refer to token allocations for a breakdown.

Proposal Process

We have allocated a portion of ZED Tokens for ecosystem development (i.e. Ecosystem Fund). Our goal is to help bootstrap the network effects of the ZED Token, because we want to ensure diversity and accessibility to the community over the long term.

The Ecosystem Fund is designed to reward the efforts of ZED RUN’s community members who are contributing to building sustainable value.

The Ecosystem Fund will initially be accessible to ZED RUN and ZED Token supporters, which can include participants, content creators, and entrepreneurial developers. These groups can propose new projects and ideas that focus on the sustained growth of the ZED RUN and ZED Token ecosystems.

Future Future Labs intends to build the governance and voting framework around successful and unsuccessful project proposals in tandem with the community.

Smart Contract Security Audit

The ZED Token smart contracts have been successfully audited by Quantstamp – leaders in web3 security. To date, Quantstamp has protected over $200B in digital asset risk from hackers and has secured some of the most valuable projects in the NFT Space (Beeple B.20, NBA Top Shot, Axie Infinity, and SuperRare).

For more information on Quantstamp and their auditing process, please visit their website.

The token smart contract address can be viewed here.

Tokenomics

Token Supply

The ZED Token will endeavor to support the growth of the ZED RUN ecosystem and encourage new users to join its community.

With our community-first approach, the ZED Token ensures existing ZED RUN community members and stable owners are airdropped ZED Tokens based on ownership and activity.

There will be one billion (1,000,000,000) ZED Tokens in total, provisionally allocated into the following groups:

Group
% of Supply
Token Supply
Team
15.00%
150,000,000
Backers
– Private Backers
2.28%
22,833,333
– Existing Backers
15.00%
150,000,000
– Advisors
1.00%
10,000,000
ZED RUN Existing Users
7.00%
70,000,000
Play-and-Earn Rewards Treasury
34.72%
347,166,667
Ecosystem Fund
10.00%
100,000,000
ZED Token Liquidity
5.00%
50,000,000
ZED Token Treasury
10.00%
100,000,000

Release Schedule

The allocated one billion (1,000,000,000) tokens will be released linearly into circulation over 48 months.

The Release Period occurs after the initial Lock-Up Period has ended, if any, and is outlined in the chart below:

Group
Lock-Up Period
Release Period
Team
12 Months
24 Months
Backers
– Private Backers
6 Months
18 Months
– Existing Backers
12 Months
24 Months
– Advisors
12 Months
24 Months
ZED RUN Existing Users
No Lock Up
Fully Released
Play-and-Earn Rewards Treasury
No Lock Up
48 Months
Ecosystem Fund
No Lock Up
Fully Released
ZED Token Liquidity
No Lock Up
Fully Released
ZED Token Treasury
No Lock Up
48 Months

Distribution Breakdown

The chart below outlines that there will be no more than one billion (1,000,000,000) ZED Tokens issued.

The table and graph below indicate the additional circulating supply per year.

Year
% Unlocked
Yearly Unlock
Total Unlocked
Total Locked
1
33.94%
339,402,778
339,402,778
660,597,222
2
28.20%
282,013,888
621,416,666
378,583,334
3
26.68%
266,791,667
888,208,333
111,791,667
4
11.18%
111,791,667
1,000,000,000
0

Backers, Advisors, and Team Schedule

The team, advisors, and backers behind the ZED Token believe in providing long-term value. The step-chart below shows the release conditions and token unlock schedule for non-community related tokens to reward these strategic partners.

Ecosystem Allocations

All ZED Tokens will be allocated to the core groups listed below:

ZED RUN Existing Users

The ZED Token is made available to eligible ZED RUN users who have shown consistent engagement across racehorse purchases as well as racing, breeding, passes and skin ownership. For a detailed breakdown of the distribution of ZED Tokens to existing ZED RUN users, please refer to the Airdrop Eligibility.

ZED Token Treasury

The ZED Token Treasury will be used to help maintain, develop and administer the day-to-day operations of the ZED Token ecosystem. This allocation will also be used to help support and moderate the Proposal Process.

Play-and-Earn Rewards Treasury

The primary purpose of Play-and-Earn rewards is to broaden the usage and application of the ZED Token and incentivize new and existing users to participate in the ecosystem. Initially, Play-and-Earn rewards will be available in ZED RUN through its lending gameplay mode. Our ZED Token development team will explore further token-based incentives alongside the ZED RUN community to improve the ecosystem and reward active users.

Ecosystem Fund

An Ecosystem Fund has been set aside for ecosystem development to help bootstrap the network effects of both ZED RUN and indirectly, the ZED Token. This is to ensure a diverse and accessible community over the long term.

We have designed the Ecosystem Fund to reward the efforts of the community that builds sustainable value within the ZED RUN and ZED Token ecosystems. ZED Tokens will be awarded to successful proposals as voted on by ZED Token holders through a Proposal Process.

We will announce all grants from this allocation in a transparent manner to the community.

ZED Token Liquidity

A successful community-led ecosystem can only occur when governance is distributed to as many token holders as possible. To aid community growth and further market-making opportunities, we will reserve tokens to initiate liquidity for both centralized and decentralized venues. Token liquidity will also be used for strategic partners prior to launch to allow for a broader range of distribution.

Team and Backers

Team and backers include the individuals and businesses that have helped bring the ZED Token to life. All team members and backers are subject to a strict and lengthy release schedule, to ensure objectives are aligned.

Airdrop Eligibility

A total of 7% of the ZED Token supply will be allocated through an airdrop to existing ZED RUN users in recognition for their early support. All eligible users will have the opportunity to claim their airdropped ZED Tokens from our smart contract.

To lower the barrier to entry for this airdrop and as the token issuer, Future Future Labs will pay all gas fees associated with the claiming of ZED Tokens. 

Snapshot Details

The following information relates solely to the ZED Token airdrop:
Detail
Snapshot Date
1 June 2022
Snapshot Time
00:00 UTC
Block Height (Polygon)
29011800
Total Airdrop Supply
70,000,000
Percentage of Total Supply
7.00%
Claiming Period
90 Days
Lock-Up Period
None

Included in the data collected is both legacy and migrated racehorses.

Snapshot data includes Ethereum and Polygon transactions, along with in-game activity (off-chain and on-chain).

Eligibility Criteria

The airdrop eligibility was generated from all ownership, racing, and breeding data merged across both Layer 1 (Ethereum) and Layer 2 (Polygon) blockchains up until the snapshot date of June 1, 2022 UTC. 

The airdrop eligibility data will be weighted as follows:

Airdrop Factor
Engagement Metric
Allocation
Length of racehorse ownership
Ownership
33.00%
Number of paid races completed
Activity
22.63%
Number of free races completed
Activity
12.28%
Number of racehorses bred with your mare(s)
Activity
19.24%
Number of studs entered into Stud Farm
Activity
6.35%
Activation Bonus
Ownership
4.00%
NASCAR Pass Holders at Snapshot Date
Ownership
0.50%
Skin Owners at Snapshot Date
Ownership
1.00%
Support Allocation
Other
1.00%

From the details above, it can be observed that ~38% of the airdrop allocation was weighted towards ownership data and ~61% was weighted to activity data. 

Scoring Thesis

When beginning to decide how the airdrop will be distributed, the main criteria was to reward every user that has contributed to the ZED RUN platform. Rather than just reward NFT holders, a broad approach was taken to reward all platform participants as well as those that contributed most to ZED RUN.

Therefore, an airdrop score was derived across all included users and stable owners, related to multiple forms of participation and engagement, with two primary themes:

  1. Ownership*: Stables that held ZED RUN NFTs
  2. Activity: Stables that performed high value actions in-game

*Only users that owned a racehorse, at a given point in time, up until the snapshot date were included in the ownership and activity score allocation.

Ownership relates to racehorse ownership (i.e. duration it was held for) and factors in the rarity of the racehorse(s). The rarity of any given racehorse further accounts for the relative rarity of GenoType, Breed Type, and Bloodline. For example, rarity by Genotype is based on the graph below: 

Therefore, ownership accounts for both, the amount of days a racehorse was held for and its corresponding rarity. 

The allocation of ZED Tokens to Skin and Pass holders is further described here

Activity relates to participation and engagement on the ZED RUN platform and factored, the following weighted data points up until the snapshot date.

  • Number of paid races completed
  • Number of free races completed
  • Number of racehorses bred with your mare(s)
  • Number of studs entered into Stud Farm
  • NASCAR Pass Holders at snapshot date
  • Skin owners at snapshot date
The breakdown between ownership metrics and activity metrics are weighted accordingly here.
 

Please note, that we will not be breaking down each address’s individual score formula. Users will only see the total amount.

Airdrop Score

The total score after weighting each in-game activity and ownership factor was then summed to determine the total scores for both ownership and activity metrics.

Subsequently, the scores per wallet addresses (i.e. users and stable owners) were then ranked and broken up into five scoring tiers, in order to create a local minimum and maximum. Put simply, those that engaged the most on ZED RUN, were rewarded the most. 

Each tier was then weighted locally to provide a fair curve relative to a given wallet address’s placement in that tier.

A token allocation was then mapped and distributed to each tier. See breakdown below:

Tier
% of Users
Engagement
1
2.50%
Very High
2
13.50%
High
3
34.00%
Moderate
4
34.00%
Low
5
16.00%
Very Low

We decided to go this route to reward the top players for their contributions, but did not skew the total allocation towards a very small threshold of players. Diminishing returns had an effect, but only relative to the localized pool. 

Activation Bonus

Every user and stable owner that has ever owned a racehorse for any length of time, is allocated an equal Activation Bonus.  

Skin and Pass Bonuses

Static bonuses were also applied to wallet addresses that held ZED RUN skins or ZED RUN NASCAR Passes up until the snapshot date

All wallet addresses that owned a NASCAR Pass(es) at the snapshot date will receive a static bonus of 350 ZED Tokens per NASCAR Pass in addition to their existing airdrop allocation.

In addition, all wallet addresses that owned an eligible skin(s) at the snapshot date will receive a static bonus in addition to their existing airdrop score as per the table below:

Partner
Rarity
Tokens Allocated
NASCAR
Common
196
NASCAR
Uncommon
393
NASCAR
Rare
590
NASCAR
Epic
786
ZED RUN – One Millionth Race
Epic
786
NASCAR
Legendary
983
Stella Artois
Epic
3,931
Preakness
Rare
3,931
ATARI
Unique
3,931

Support Allocation

A small amount (1%) of the total airdrop allocation only will be held aside for any issues that may arise during the claiming window. Distribution of this allocation will be at the discretion of the ZED Token support team. Any unused amounts after the claiming window (90 days) will be sent back to the Play-and-Earn Rewards Treasury.

Additional Airdrop Details

We recognize that it may be possible to create a simple model to approximate an individual’s allocation, but our team does not recommend it because manual scaling factors (such as a diminishing returns curve) were also applied to further adjust scoring factors.

We will release further details regarding the claim process and additional airdrop details closer to the date on the ZED Token Twitter page. 

For further information, please refer to ZED Token Terms and Conditions and Future Future Labs Privacy Policy.