Tokenomics of MetaKings

in nftddos •  3 years ago 

What is MetaKings:

MetaKings (pronounced "meta" in Japanese) is a fighting world powered by artificial intelligence (AI), in which anybody may earn rewards such as tokens and NFTs by performing well and contributing to the ecosystem. Player characters may take part in battles, gain resources, grow and develop, and even establish their own land-based kingdoms, depending on their level of skill. The game will be powered by a cryptocurrency known as the Metakings token ($MTK), which is a kind of bitcoin. Also available in the game is the ability to purchase in-game characters as NFTs, which can then be sold for tokens on our official NFT marketplace.

More than 15000 characters may be found on the site, as well as about 35 battle venues and approximately 350 epic monsters. Defeat your way through these spectacular combat arenas and big monsters, all while utilizing your favorite characters, and you'll receive massive prizes. In certain cases, awards in the form of MetaKings NFT tokens may be awarded. You may join the thousands of other MetaKings users (whose number is expected to grow to millions in the near future) and work your way towards financial independence.

Tokenomics followed by MetaKings:

The United States dollar ($MTK) is Metakings' original currency, and it is used around the world. It is possible for players to spend $MTK to mint characters and arenas, to extend the life of their characters by hiring other players, and to purchase and sell things on the Metakings Market. A total of 1,000,000,000 $MTK tokens are available for purchase, for a total supply of 1,000,000,000 $MTK tokens. Liquidity will be limited for a period of six months, and game rewards will be vested during this time. If you need any further information, please see the Documents.

Among other things, it is intended to have an internal NFT marketplace where players will be able to contribute to both their Guild's and personal economic growth via the exchange of goods or the purchase of NFTs. In exchange for using the marketplace in any of its forms, these transactions will suffer a 15 percent tax penalty with the revenues flowing back into the Rewards Pool. Traders will be able to set their own prices for their NFT, and consumers will be able to describe the price of their NFT in any manner they see suitable, so keep a watch out for the next great offer! Fleets that have been entirely depleted are unable to be sold on the Marketplace at this time.

The MetaKings Token:

A cryptocurrency called Metakings (MTK) is utilized for governance in the Metakings Universe. To be more specific, it's a BEP-20 token. Participants in the game and voters on critical governance issues will be eligible for prizes if they stake their MTK tokens and engage in the game. Additional possibilities to earn $MTK will be made available via participation in different games inside the Metakings Universe, as well as through the posting of user-generated content to the Metakings Universe.

With Metakings, we want to provide innovative and interesting incentives for both gamers and developers. This is our ultimate objective with the platform. Both of the objectives outlined above are intended to be achieved by using the tactics stated above: User participation in Metakings is encouraged, and users who save their tokens are more likely to be eligible for further incentives. To decentralize ownership and control by accepting ownership and control myself is to decentralize ownership and control. In the hopes of becoming the first game in which the players have total ownership and control, we have created Metakings. Obviously, this opens the door to an infinite number of options, but it must be addressed with utmost caution.

Summing it up:

As a result, we cordially encourage you to come and experience the incredible MetaKings platform. It is one of the most effective entry points into the future generation of the finance sector, which includes cryptocurrencies and non-financial tokens (NFTs). Do not spend any time and start earning prizes by participating in games.

☆ Project Links:

WebPage Address: https://metakings.ai/

Twitter: https://twitter.com/metakingsai

Medium : https://metakings.medium.com

Github URL: https://github.com/metakings

Telegram Group URL: https://t.me/metakings

Bitcointalk Thread: https://bitcointalk.org/index.php?topic=5377898.0

Youtube Address: https://www.youtube.com/channel/UCe70dNypBRBFkMBZbg47hhQ

☆ About The Writer:

BitCoinTalk User Profile Name: LinkinPrak852

BitCoinTalk User Profile: https://bitcointalk.org/index.php?action=profile;u=2252565;sa=summary

TeleGram User Profile Name: @LinkinPrak852

Forum Authentication Proof: https://bitcointalk.org/index.php?topic=5377898.msg58881487#msg58881487

BSC (BEP-20) Address: 0xA81371bB1C1EBF5B28d986619e7FabB4907242dc

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