Tokenomics
Main Assets
In addition to the core NFT assets shown in the above section, for fungible token assets, MetaCene has designed two main tokens – $MUD and $MAK – to support the game's economic cycle.
$MUD - In-Game Token
$MUD is the fundamental FT asset in MetaCene with an unlimited total supply. $MUD is also known as Silver Coin, which can be used as a utility token and a settlement currency in-game.
$MUD Generation
Direct deposit
Server airdrop (operation events)
$MUD Consumption
As a settlement currency, $MUD is a general equivalent throughout the game and can be used for:
Equipment purchase from in-game shop
In-game P2P trading
Exchange transaction
On-chain NFT marketplace settlement for in-game assets
In-game asset auction
As a utility token, $MUD can be used for:
Gameplay related purchase including teleportation and resurrection
$MAK - Governance Token
The MetaCene governance token has a total circulation of $1 Billion. $MAK has a variety of utilities and consumption scenarios, such as purchasing land, staking to synthesize advanced NFT assets, etc. $MAK serves as an essential asset for intermediate and advanced players.
$MAK Allocation
$MAK Release
Will be released soon
$MAK Generation
In-game rewards: Rewards for various in-game activities. The more challenging the activities, the greater the reward.
Airdrop rewards:
Holders of Apostle NFT are the most important early supporters of MetaCene and are eligible for $MAK airdrop according to the airdrop rules.
Staking rewards: Holders can stake $MAK to earn and unlock more in-game benefits
Community rewards:
Treasure Box earning: Holders can win $MAK Through staking their Treasure Box NFTs
Event participation: MetaCene hosts various operational events regularly in conjunction with important project milestones, participants and winners have the opportunity to receive $MAK rewards.
Co-governance benefits: Players who actively participate in co-governance processes, such as community management and voting, have the opportunity to receive $MAK rewards.
Co-creation incentives: MetaCene pioneers in content and gameplay innovation, and as an incentive as well as a token of gratitude for community participation, a creator incentive program will be launched and adopt $MAK as a reward for co-creation.
Fundraising: Upon $MAK’s official launch, whitelisted users can purchase the asset at original issuance price.
$MAK Application Scenarios
Staking:
Stake-to-earn $MAK rewards
DAO governance, including voting and committee elections
Stake $MAK to unlock in-game VIP benefits
Priority access to advanced in-game content, such as early experience of unreleased weapon/equipment and new in-game areas
Consumption:
Participate in PVP battles: PVP gameplay offers a wide range of $MAK usage scenarios, such as participating in competitions and tournaments;
Unlock in-game events and gain access to exclusive game content: For example, purchasing Premium Dungeon tickets;
Purchase Realms NFT and other equity NFTs
Priority access to purchase premium in-game NFTs in the primary marketplace: land, unique skin, etc.
$MAK Buyback
To ensure the long-term stability and health of $MAK token value, MetaCene will use 30% of its revenue for buybacks. MetaCene's revenue sources are divided into platform revenue and game revenue.
Platform revenue
NFT marketplace: Income from transaction fees generated in the NFT trading market
DEX: Transaction fee income generated in DEX
Realms NFT: Realms NFT authorization/copyright fees and revenue sharing;
Taxes: Taxes generated by transactions in the NFT trading market, cross-server transaction taxes, land taxes, etc. over the Stage 2 and 3 of MetaCene game development. A portion of the tax revenue will go into the MetaCene treasury.
Game revenue
Income from game asset consumption
In-game store revenue
*Final buyback policy depends on the actual situation.
Ecosystem Value Appreciation
The immense demand generated by a large user base
The $MAK consumption generated through gameplay and content
The increasing number of game users will increase the demand for ecosystem NFTs and in-game NFTs
The continuous expansion of game environments generates more demand to unlock new content
As income increases, a larger proportion will be used for $MAK buybacks
MetaCene offers mining machines, and various gameplays such as PVE and PVP can produce game currency and resources. Players can also receive airdrop rewards in-game. In order to encourage players to continuously participate and contribute in-game, game activities with stronger interactivity will receive more rewards. Participating in player co-creation and player governance will also yield generous returns.
The advanced in-game NFTs are mainly generated by synthesizing low-level materials into high-level materials and staking $MAK. Therefore, intermediate to advanced players have a strong demand for purchasing synthesis materials, creating a considerable market for Play-to-Earn players. Advanced NFT assets have a guaranteed value foundation underpinned by $MAK staking, meaning that players collecting advanced NFT assets (including land) will have a consistent large demand for $MAK. Overall, $MAK will show a tightening trend, and its price will rise accordingly.
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