Introduction of Metaverse Miner - (META) Token
Metaverse Miner (META) is a GameFi constructed via the Metaverse Games platform. It hosts blockchain GameFi and NFT entirely based on the “Dual Circulation” ecosystem. Metaverse Miner itself is a META token distribution regeneration that allows gamers to earn META through the blindbox sales of robotic NFTs.
Metaverse Miner Ecosystem
The Metaverse Miner ecosystem consists of three assets: Tokens, Planet NFTs, and Miner NFTs.
The META token is the payment and equity token of the Metaverse miner ecosystem, with a total number supply of only 21 million. All Planet NFT auctions must be paid by bidding on META. Tokens will also be used for community governance and growth of the new Metaverse Miner ecosystem value.
Planet NFT as a rare core asset of the Metaverse miner ecosystem, can generate a certain number of minor NFTs in a given cycle, and the mining behavior of a minor NFT has to be related to the corresponding Planet NFT. In addition, to receive revenue from the sale of miners, Planet NFT holders will receive a portion of the mining operation fees and a portion of the mining yield paid by Minor NFT holders as well.
The Miner NFT is the primary solution for the Metaverse miner ecosystem to ensure the distribution and value capture of its META tokens. 70% of META will be staked to release by Miner NFT.
Core Features of Metaverse Games
To comply with its fundamental goal to grow into a extensively used gaming platform for Web3 users, Metaverse Games has essential functions as follows:
-
NFT Circular Economy
It presents entire NFT underlying equipment consisting of NFT trading, mining, and more. The financial system additionally includes blindboxes and giveaway possibilities for gamers to earn more profits. -
GameFi Play to Earn
Metaverse Games facilitates incubation and distribution of the game plus builds leisure metaverse with a number of video games, and creates a brand new blockchain recreation financial system, which makes video games now amusing and profitable at the same time. -
VR+AR, Reality and Virtual
Metaverse Games will steadily obtain one-to-one correspondence among the physical item and the NFT, breaking the boundary among digital and reality, combining the modern-day technology and trending video games including cards, MOBA, racing and RPG, and the subsequent era of video games primarily based on VR+AR.
META Tokennomics
As previously mentioned, META tokens will be issued for a total supply of 21M and will use the superburn mechanism to burn the tokens rapidly, greatly reducing the circulation of the total supply. Using tokens to pay transaction fees, purchase NFTs, be a part of community governance. Its tokenomics also include some unique mechanisms. For examples:
- When the META token holders sell or transfer, they will be charged by 10% of the sell/transfer amount.
- The META token has a multidimensional burn mechanism. When the quantity of destruction exceeds the brand new flow of mining within the identical period, the META token will enter into deflationary burn cycle. The eventualities that cause the destruction of META tokens are planet auction, NFT sale, price of working expenses, etc.
- During the Metaverse Miner ecological development, the DEX liquidity level of META tokens might be constantly advanced thru the sales of NFT and the cost of operation.
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