On June 5th, the chain game Pirate Nation Foundation announced that it will launch ERC-20 token PIRATE on the Ethereum network on June 13th. The total amount of PIRATE is 1 billion, of which the community will allocate 47%, the team will allocate 28%, the ecosystem will allocate 13.25%, and investors and advisors will allocate 11.75%. On the day of the TGE (Token Generation Event), the only people who can claim PIRATE tokens will be Pirate Nation players and collectors. US citizens will not be able to claim PIRATE tokens.