Meta Merge Mana $MMM
Last updated
Last updated
The native cryptographically-secure fungible protocol token of Meta Merge (Meta Merge Mana ticker symbol $MMM) is a transferable representation of attributed utility functions specified in the protocol/code of Meta Merge, and which is designed to be used solely as an interoperable utility token thereon. $MMM will be issued as a BEP-20 token, with total supply 10 billion.
Meta Merge Mana Contract: 0xd517ce9206c09dfaa7e7f40f98e59f54fb10e09f
Category | Percentage | Supply | Vesting Term |
---|---|---|---|
$MMM is a functional multi-utility token that will be used as the medium of exchange between participants on Meta Merge in a decentralized manner. The goal of introducing $MMM is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Meta Merge without any intermediaries such as centralized third-party entities/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or the discharge of a debt, nor is it designed or intended to be used by any person as payment for any goods or services what so ever that are not exclusively provided by the issuer. $MMM does not in any way represent any shareholding, ownership, participation, right, title, or interest in the Foundation, the Distributor, their respective affiliates, or any other company, enterprise, or undertaking, nor will $MMM entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Panama, Singapore or any relevant jurisdiction. $MMM may only be utilized on Meta Merge, and ownership of the same carries no rights, express or implied, other than the right to use $MMM as a means to enable usage of and interaction within Meta Merge. The secondary market pricing of $MMM is not dependent on the effort of the Meta Merge Project Contributors. There is no token functionality or scheme designed to control or manipulate such secondary pricing.
Further, $MMM provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on Meta Merge, thereby creating a mutually beneficial system where every participant is fairly compensated for their efforts. $MMM is an integral and indispensable part of Meta Merge because, without $MMM, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on Meta Merge. Given that an additional $MMM will be awarded to a user based only on its actual usage, activity, and efforts made on Meta Merge and/or proportionate to the frequency and volume of transactions, users of Meta Merge and/or holders of $MMM which did not actively participate will not receive any $MMM incentives.
Players may acquire $MMM via actively playing the game and participating in a variety of in-game activities, such as:
Defeating opponents in tournaments and successfully completing challenges;
Achieving Milestone Rewards;
Rewards for forming;
Dispatching pets and
Participation in in-game events.
$MMM distribution is highly related to compelling gameplay. Therefore, production methods and the rate of creation of $MMM are designed to be dynamically controllable to maximize user adoption of the game.
As the native platform currency, regular $MMM consumption and usage are built into the gameplay. and various aspects of the metaverse ecosystem. To continue gaming, players must spend $MMM in different scenarios to gain access to in-depth content, products, and services, creating a healthy circulating economy for $MMM. For details, please refer to the table below.
The channels for spending spMMM | Burn | Team |
---|---|---|
Purchase pet box
75%
25%
Mint NFT pets, merge pets
75%
25%
Rise in rank
75%
25%
Unlock special features
75%
25%
World Boss
25%
0
Total
100%
10,000,000,000
Seed Sale
9%
900,000,000
1.8% vested at TGE, with the rest locked for 5 months, vested every month
Liquidity
12%
1,200,000,000
12% vested at TGE
Marketing
12%
1,200,000,000
locked for 3 months, vested linearly for 10 months
In-game
20%
2,000,000,000
locked for 3 month, vested within 21 months
Ecosystem/Community
13%
1,300,000,000
locked for 3 months, vested within 16 months
Reserve
14%
1,400,000,000
locked for 24 months, vested linearly for 11 month
Team & Advisors
20%
2,000,000,000
locked for 14 months, vested linearly every 3 months