Article Summary, Automatically Generated By AI
Summary of For Meta World
- Goal: Achieve a DAO tokenomics model with $4MW token design
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Token distribution:
- 80% circulating at one time
- Locked in liquidity pool for 3 years
- 5% as staking reward for users who pledge 4MW
- Rest allocated to team, investors, and markets
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Role of $4MW in game design:
- Buy new NFT cards to participate in the game
- Required for each battle
- Pledge $4MW to gain governance power
Embracing the Frontier: About Meta World
The overarching objective of the $4MW token design is to establish a decentralized autonomous organization (DAO) tokenomics model. At any given time, 80% of the tokens are in circulation. Concurrently, a substantial amount of $4MW is locked in the liquidity pool for a three-year period, after which the community exercises its voting power to determine the utilization of the liquidity pool. A 5% allocation serves as a staking reward, bestowed upon users who pledge $4MW to acquire voting rights. The remaining tokens are distributed among the team, investors, and markets. Within the game’s design, $4MW assumes a pivotal role, facilitating the purchase of new NFT cards to participate in the game, with each battle necessitating the use of $4MW, and pledging $4MW to wield governance power.