# Team Tokens

Team Tokens will be created to represent each team/individual participating in the league or tournament.

* Represented Tokens will be standard ERC-20 tokens that can be replicated across different EVMs (non-upgradeable)
* The Total Supply of each Team Token will be fixed at the end of the sale period
* All Team Tokens will be sold at 1 USDC during the sale period
* Team Tokens can only be used for prediction events listed on [predict.robinos.finance](https://predict.robinos.finance) 
* Team Tokens of teams that end up in the standings with allocated prize rewards can be used to exchange prizes in USDC at the end of the season/tournament on robinos.finance
* Team Tokens of teams that do not win, will be rendered useless at the end of the tournament/league season.