# Tokenomics

<figure><img src="https://140068351-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fg8r0G8kSjOvfCLRmCnPi%2Fuploads%2FMsZm5lIuBi7DeCHihYRD%2F1fb24a0f0b472c191480b9089d84520.png?alt=media&#x26;token=2844acff-29eb-47b4-b2c4-87732f85a21e" alt=""><figcaption></figcaption></figure>

**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<br>

As a utility token, $MUD can be used for:

* Gameplay related purchase including teleportation and resurrection<br>

**$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.

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$MAK Allocation

<figure><img src="https://140068351-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fg8r0G8kSjOvfCLRmCnPi%2Fuploads%2F2dFuZB751of43Eb3tx0K%2FTokenomicsBeforeTGE.png?alt=media&#x26;token=91153057-58ef-4903-b284-e9a20bf4d0cc" alt=""><figcaption><p>$MAK Allocation (will be updated)</p></figcaption></figure>

$MAK Release

Will be released soon&#x20;

$MAK Generation

1. In-game rewards: Rewards for various in-game activities. The more challenging the activities, the greater the reward.<br>
2. Airdrop rewards:&#x20;

* 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

3. 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.<br>

4. 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

2. 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.<br>

$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.

2. 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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