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Title: GameKey $GKY Announces Fixed 5 Billion Token Mint to Power City On Lock Competitive Gaming Ecosystem

United States, 3rd Mar 2026 — GameKey ($GKY), the official utility token powering the City On Lock ecosystem, has successfully minted a fixed supply of 5,000,000,000 tokens, establishing the foundation for a performance-driven, skill-based gaming economy.The full 5 billion token supply has now been created, and no additional tokens will be minted. This fixed supply model is designed to provide transparency, predictability, and long-term structural integrity as the ecosystem expands.GameKey serves as the core utility layer for City On Lock, a competitive open-world racing game built around skill, leaderboard performance, and structured reward mechanics. Unlike traditional gaming tokens that emphasize speculation or pay-to-win dynamics, $GKY is engineered exclusively for gameplay utility and ecosystem coordination.A Utility-Driven Framework$GKY enables access, rewards, progression, and governance strictly through gameplay performance. Players earn and utilize GameKey based on measurable in-game achievements rather than capital advantage.Within the City On Lock ecosystem, GameKey supports:Tournament entry participationLeaderboard-based reward distributionSkill-tier progression systemsIn-game unlockables and competitive accessGovernance functions aligned with ecosystem growthThe token is not positioned as a passive financial vehicle. Its role is operational — facilitating a structured competitive environment where player skill determines reward outcomes.Competitive Rewards in ActionCity On Lock launches with leaderboard-based tournaments, including an inaugural $5,000 prize pool to demonstrate the system’s reward infrastructure. Players compete across structured race formats, where ranking, lap efficiency, and overall performance determine prize distribution.GameKey functio...

This press release is issued by King Newswire