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 Allocation (will be updated)

$MAK Release

Will be released soon

$MAK Generation

1. In-game rewards: Rewards for various in-game activities. The more challenging the activities, the greater the reward.

2. 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

1. 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.

1. Fundraising: Upon $MAK’s official launch, whitelisted users can purchase the asset at original issuance price.

$MAK Application Scenarios

1. 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

1. 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.

1. 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.

1. 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.