About Grabaloot

Grabaloot is a token that powers exciting treasure hunts in cyberspace. Hold Grabaloot tokens, follow the clues, and discover the long lost treasures of Lootbeard, the notorious Cyber Pirate.

For loots and goods, aye aye Captains!

Legal Disclaimer

Buying Grabaloot tokens grants community membership and an eligibility to win prizes and take part in treasure hunts and other competitions organized for the holders. Grabaloot token is NOT an investment and trading crypto tokens can result in significant permanent losses. The value of crypto assets are not guaranteed by any individual. Purchases and sales of Grabaloot are subject to tax tokenomics that will be used to run the competitions. The creators of the token hold no responsibility for how members choose to trade and safekeep tokens, and shall not be held accountable for any losses of monetary funds due to trading, or cyber attacks and any other malicious activity. The creators of the token will act to their best of their ability to ensure a healthy community and competition fairness.

Let’s Hunt That Treasure

Treasure hunts are fun, engaging games of riddles and exploration.

A clue will be released every week, sending Grabaloot Holders on an internet-wide hunt to find one of the words of the seed phrase needed to unlock the treasure.

After all clues are released, Grabaloot Holders will be able to submit the seed phrase along with their wallet address and have a chance at winning prizes.

There will be a separate prize for the first Grabaloot Holder to discover the complete seed phrase.

The rest of the players who discover the seed phrase within the time limit of the competition will share a pool of prizes according to their Grabaloot holdings.

Each player will have a power calculated based on the amount of tokens and time those tokens were held within the time limits of the competition, and that power will determine the percentage of the prize they are entitled to.

Tokenomics

Taxes: Taxes are implemented for development and the treasure hunt chest.

Development Wallet:
This will cover the running costs of the competitions and ensure the smooth completion of each treasure hunt.

Treasure Hunt Chest: Accumulated Grabaloot tokens in the Treasure Hunt Chest will be the prize for various competitions. A portion of the tokens will be reserved for the first person to win, while the rest will be distributed to those able to complete the challenge within the time limit.

Liquidity Allocation: Tokens allocated to liquidity will be used at the team’s discretion, primarily on decentralized exchanges to facilitate the ease of users passing on their rights to the competitions. The tokens should not be viewed as an investment but a way to participate in treasure hunts and giveaways.

Contact Us

Collaborations

lootbeard@grabaloothunt.com

Support

support@grabaloothunt.com