## Intro
$BGMS, a BRC20 token, strives to be the first explorer of **BTC smart contracts**.
It is also the utility BRC-20 token of Mining Space. It’s the first token to combine BRC20 protocol and the FOMO3D game, striving to achieve easy interactions between BSC and BTC through BTC smart contacts, which is the first of many big things to come.
## Tokenomics
| Distribution | Amount | Percentage |
| ---------------------- | ----------- | ---------------------- |
| Total | 200,000,000 | 100% |
| Public Mint | 80,000,000 | 40% |
| Play to Earn | 114,000,000 | 57% |
| Community Contributors | 4,000,000 | 2% |
| Team + VC | 2,000,000 | 1% (Locked for 1 year) |
1% Team + VC funds has been sent to bc1q97psmhf3g3yelgm0s4022qsfgcfcudz02ztejn, and will remain locked for 1 year.
## Stage 1: Acquiring Whitelist
{% content-ref url="/pages/VgWCTnczz3wk6V14m1Du" %}
[Whitelist Stage](/mining-space/bgms/whitelist-stage.md)
{% endcontent-ref %}
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