Characteristics of Tokenomics

Let's get acquainted with the processes and functionality of the tokens in order to understand their application in the game.

The concept of GameFi is undoubtedly one of the most exciting concepts in blockchain. However, in its early development, we find that P2E games inevitably decline, mainly reflected in the price drop of Gaming Tokens. The main reason is that the long-term demand for Gaming Tokens is insufficient. Its demand mainly comes from the expectation of future earnings. The number of new players always faces a bottleneck, but the output of Gaming Tokens continues to grow, leading to a severe imbalance of supply and demand.

For traditional electronic games, their economic system is relatively simple - players pay fees to buy virtual props. We combine the advantages of GameFi 1.0 with traditional electronic games and introduce the concept of consumption into the P2E system. We call this GameFi 2.0. Some assets based on Metamorph's own gameplay and social attributes will be issued. When users purchase them, most of the GAM will be Burned.

These assets can be freely traded, and users can design virtual products and trade freely through the Player Create Contents System. In this process, a part of the transaction fee will be Burned. In this design, the output and burn of GAM will reach a dynamic balance. Moreover, the role of the P2E system is not only for "Earning". In this process, more creative ideas that conform to the characteristics of the virtual world will be designed to meet the diverse needs of users. Fata Morgana will become more prosperous as a result.

In the long term, it will achieve this goal: the value created by users in the virtual world to meet real needs will be returned to users in the form of P2E. Admittedly, as a Founding Team, we seem to have "lost" some income - this income will be mainly used for burn and repurchase of $GOV. But we must reiterate that Metamorph does not belong to us, but to all participants. We are also part of the builders and share the same interests with all Participants - obtaining the long-term growth benefits of the Metamorph Ecosystem.