$GIF – Gains Incoming Fast

1. Overview

$GIF is the native token of GIF Armory, a degen‑themed platform where users forge custom GIFs and pit them against each other in 1v1 battle arenas.

Memes win attention. Attention drives flows. $GIF captures that loop by turning GIF creation and head‑to‑head battles into an on‑chain game economy, with protocol revenue used to buy back $GIF and fund the ecosystem.

2. Core Product

GIF Armory is a web‑based GIF armory and editor:

• Degen‑centric chassis templates – "cuck chair" in a dingy hotel, empty fridge, cursed cats/dogs, toxic relationship scenes, goblin mode characters, etc.
• Sticker system – overlays like:
  • God Candle
  • Rug Pull
  • Laser Eyes
  • Hammer
  • Money Printer
  • Dumpster Fire
• Payload text – punchline layer for the meme.
• Upload option – users can upload classic memes or screenshots if they want typical formats.

Output: a custom GIF "weapon" ready to be shared or entered into battle (once battles are live).

2.2 Battle Arenas (Phase 2+)

Battle Arenas are 1v1 GIF duels with live voting and optional wagering:

• Each match features two GIFs facing off during a timed voting window.
• Winner is determined by:
  • On‑site votes, and
  • Off‑chain engagement metrics on X (likes/quotes/reposts) as a weighting factor and tiebreaker.
• Modes:
  • Casual: bragging rights, XP, leaderboards.
  • Wagered: users stake $GIF on outcomes; winner (and optionally spectators) share the pot.

3. Token Utility

$GIF is the core asset that powers and aligns the ecosystem.

1) Wagering & Battles (Phase 2+)

• Entry stakes for 1v1 matches.
• Spectator bets on live matches.
• Higher‑stakes events (tournaments, boss battles).

2) Ecosystem Flywheel

• Platform fees from wagers route into buybacks, rewards, marketing, and costs.
• Buybacks create constant bid pressure and refill reward pools.

3) Community Vault & Governance (Phase 3)

• A portion of protocol revenue goes to a Community Vault.
• $GIF holders can direct vault funds to:
  • Special events and prize pools
  • Grants for creators, developers, and partners
  • Burns or strategic liquidity decisions.

4) Access & Reputation

• Access to certain high‑profile events or limited‑time arenas may require holding/staking $GIF.
• On‑chain reputation (match history, win rate, creator stats) can be tied to staked $GIF for boosted rewards.

No generator fees: The GIF Armory remains free to use; monetization comes from battle wagering, not paywalled creativity.

4. Wagering & Fee Mechanics

(Phase 2 and beyond)

4.1 Match Wagers

For a wagered 1v1 match:

• Two creators lock in their stakes in $GIF. Example: 1,000 $GIF each → 2,000 $GIF total pot.
• Optionally, spectators may stake $GIF on either side (implementation detail for Phase 2+).
• At match resolution:
  • 99% of the pot goes to winners (creator and/or winning bettors).
  • 1% of the total wagered amount is taken as the platform fee.

4.2 Platform Fee Distribution

Let F = total platform fees collected (1% of all wagered volume).

1) Community Vault

• A fixed share of F is sent directly to a community‑controlled vault.
• The vault funds: Tournaments and special events, Creator/degeneration grants, Strategic burns or liquidity decisions (via governance).

2) Dev Fee Pool

The remaining portion of F forms the dev fee pool, which is split as:

• 80% → Buybacks – Used to market‑buy $GIF on the open market. Purchased tokens can be burned and/or allocated to reward pools.
• 10% → Marketing – KOL deals, cross‑promos, contests, campaigns, listing pushes.
• 5% → Overhead – Infrastructure, audits, operations, security, legal.
• 5% → Development – Ongoing engineering, new features, improvements to GIF Armory and arenas.

This creates a tight feedback loop: more battles → more fee flow → more $GIF buybacks plus event funding → more attention → more battles.

5. Roadmap

Phase 1 – Launch (Token + Armory)

• Deploy $GIF token.
• Launch GIF Armory v1: Degen chassis templates, Sticker system, Text payloads and watermarking.
• X integration and shareable battle previews (off‑chain clout only).
• No on‑chain wagering yet. Focus is on onboarding users, testing templates and UX, seeding social presence and content.

Phase 2 – Battle Arenas & Wagering

• Launch GIF Battle Arenas: Ranked and casual 1v1 queues, Live voting system with anti‑sybil measures.
• Enable on‑chain wagering in $GIF: Creators can opt‑in to staked battles, Basic spectator betting on live matches.
• Implement 1% platform fee on all wagered volume with routing as defined.
• Launch leaderboards and seasons with $GIF‑denominated rewards.

Phase 3 – Hyper‑Growth & Governance

Phase 3 is where $GIF aims to go from product to self‑reinforcing attention engine:

Battleverse Expansion

• Multi‑match events (4‑man brackets, weekend tournaments).
• Themed arenas (for example "Relationship Hell Week", "Pets in Pain", "Bear Market Revival").
• Sponsored events funded by the Community Vault and partners.

Ecosystem Incentives

• Creator royalties for top‑winning GIFs.
• Streak and ladder rewards paid in $GIF from buyback‑funded prize pools.
• Seasonal XP resets with prestige systems and cosmetic flex for veterans.

Community‑Driven Governance

• Activate $GIF staking for governance rights.
• On‑chain voting on: Vault usage, New chassis and sticker sets, Adjustments to fee routing parameters.

Network Expansion & Integrations

• Integrations with other dApps (embedding battles as widgets, on‑chain feeds).
• Cross‑chain or L2 deployment if needed for scalability and UX.
• Potential NFTization of top‑ranked GIFs and collectibles.

The goal of Phase 3 is simple: turn GIF Armory into the default arena for on‑chain meme warfare, with $GIF at the center of every match, prize, and governance decision.

6. Principles

• Memes First, Fees Second – Creativity stays free. Monetization comes from optional wagering, not from paywalling the generator.
• Aligned Incentives – Protocol success loops back into $GIF via buybacks, rewards, and community vault growth.
• Community Up Only (In Spirit) – The Community Vault and governance give degens real say over events, burns, and how far to push the meta.