Playbux, a metaverse platform, has launched its first airdrop campaign and released the PUBX token economic model.

BlockBeats reported on April 25 that Playbux, a metaverse platform, announced the launch of its first round of airdrops. The event will last for a total of 60 days, during which all participants will have the chance to receive a total of 1,800,000 PBUX. Playbux will distribute a certain amount of PBUX rewards from a daily pool of 30,000 PBUX to participants based on their STAMP points. Users who sign in for the first time will receive 5 BRK (5 lottery chances), which can be used to draw NFTs or directly purchase them from platforms like OpenSea. In addition, according to official community information, Playbux's token economics model will include BRK (in-game currency) and PBUX (specific use cases have not yet been disclosed). The total supply of PBUX is 400 million, of which: - 40 million (10%) will be publicly issued - 20 million (5%) will be privately placed - 40 million (10%) will be allocated to SAFT 0 - 80 million (20%) will be allocated to protocol developers - 80 million (20%) will be allocated to the team - 60 million (15%) will be allocated to reserves - 80 million (20%) will be allocated to the ecosystem/community As previously reported by BlockBeats, Playbux was shortlisted for Binance Labs' fourth incubation program and aims to integrate elements of the metaverse with NFTs, social media, and dApps. The platform has a "Shop to Earn" mechanism (shopping rebate) and announced the completion of a $2 million seed round on April 21, 2023, led by Binance Labs with participation from Gate.io, Tron, CertiK, Ankr, IMO Ventures, LIF, Math Wallet, and OFR.