What Is Camel Coin(CMLCOIN)? Complete Guide & Review About Camel Coin

What Is Camel Coin(CMLCOIN)?

Camel Coin is a hyper-deflationary token and will be at the very grassroots of all of Twin Realms Studio’s future collections and metaverse projects. Twin Realms Studio is an Australian registered company with a goal to help bring safety and stability to the blockchain with their NFT and metaverse projects that bridge the world and the virtual.

With Camel Coin, investors and collectors alike will be able to purchase exclusive utility NFTs known as Artefacts. When these NFTs are purchased, the coins are incinerated/burned, essentially lowering the circulating supply. These NFTs distribute passive income rewards to holders based on the volume of all Twin Realms future projects.

This is funnelled through the ‘Sandstorm’ collector which takes a small tax from token transactions, and half of Twin Realms OpenSea royalties across their NFT drops, which then is redistributed to holders of the Utility NFTs, and those that decide to stake their Camel Coin. Camel Coin will also be utilized to purchase future products and items within the Twin Realms ecosystem.

Camel Coin Storage Key Points

CMLCOIN Price Live Data

The live Camel Coin price today is $0.202976 USD with a 24-hour trading volume of $4,583.04 USD. They update the to USD price in real-time. This is up 1.27% in the last 24 hours. The current CoinMarketCap ranking is #5738, with a live market cap of not available. The circulating supply is not available and a max. supply of 5,000,000 coins.

Opportunity In The Metaverse

The Camel Coin is the first token release from Twin Realm Studios, creators of the Camel Clans. While previous coins have benefited the few. We’ve created the the for everyone. To provide real value, both online and off. To build a community with exclusive opportunities and profit potential. A safe place, built on integrity and stability. Welcome to the new world.

Quick Moment To Get Some

Trade, Buy and Sell your Tokens

Purchase Exclusive Utility NFTS known as Artifacts. These NFTs distribute passive Income rewards to holders based on the volume of all future projects

Stake your Coins in the Treasure Vault to receive more Camel Coin

Purchase future products and items of great value with future projects

Camel Coin Community

Camel Coin is an ERC20 token on the Ethereum blockchain, with a reward mechanism around utility NFTs.

Reward For Coin

It has a 6% transaction tax deposited to the Sandstorm Reward Collector, which automatically converts it into ETH.

Half the royalties from Camel Clan NFTs and all future collections from Twin Realms are deposited into the Sandstorm Reward Collector.

Token Allocation

5 million total supply

2.8 million tokens are needed to buy all utility NFTs (Artifacts)

2 million starting supply

500k for future exchanges

150k Team Tokens – to be burnt on Launch

2.35 million tokens vested to be released once a week for a year to all Clans NFTs 5 coins each NFT a week

SANDSTORM REWARD COLLECTOR 

10% of the pool is sent to the development multisig to continue developing Clan IP.

70% of the pool is sent to Utility Reward Distributor responsible for distributing the rewards for the Utility NFTs.

20% of the pool is reserved into the Staking Vault.

UTILITY NFTS REWARDS DISTRIBUTOR

Each tier of the Utility NFTs is assigned 25% of the pool, with rewards paid out in proportion to currently available NFTs.

Any rewards for NFTs not sold yet will be recollected into the Distributor for future distribution, effectively distributed between current owners.

The owners can collect the rewards anytime or wait to be paid out every month.

The reward distributor automatically creates dividends for each owner of the Utility NFT as necessary