Fully Diluted Valuation | $28,369 |
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24H Trading Volume | $1 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 1.88M |
Total Supply | 20.77M |
Max Supply | ∞ |
Categories | NFT 2 more |
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Founder | Anonymous |
Website | meta.auto |
Socials | 1 more |
Chains | Binance-smart-chain Ecosystem |
Explorer | Binplorer 1 more |
Contracts |
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Name | Pair | OG Score |
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Metaverse Miner (META) is a blockchain-based GameFi ecosystem built on the Binance Smart Chain. It combines gaming and decentralized finance (DeFi) with non-fungible tokens (NFTs), offering players rewards through play-to-earn games. Here's a closer look at its key components and features.
Key Assets in Metaverse Miner
1. $META Tokens
$META tokens are the main currency in the Metaverse Miner ecosystem. They are deflationary, meaning the supply decreases over time as tokens are burned (destroyed). This burning process aims to increase the value of the remaining tokens. Token holders can also stake their $META tokens for 30, 90, or 180 days to earn rewards.
2. Planet NFTs
Planet NFTs are rare and central to the ecosystem. Each Planet NFT can generate Miner NFTs in specific cycles. Planet NFT holders earn revenue from mining fees and production paid by Miner NFT holders. They can also rent out "mining areas" on their planets to earn additional income.
3. Miner NFTs
Miner NFTs are used to mine $META tokens and are essential for value distribution in the ecosystem. They come in five varieties and can be traded. Staking Miner NFTs releases 70% of all $META tokens, making them crucial for mining activities.
Deflation and Liquidity
To maintain and increase the value of $META tokens, the ecosystem uses several strategies:
Burning Tokens:
80% of $META used in Planet NFT auctions is burned.
60% of USDT from Miner NFT sales is used to buy and burn $META.
30% of USDT from mining costs is used to buy and burn $META.
Adding Liquidity:
20% of revenue from Miner NFT sales is used to buy $META and add liquidity.
30% of mining maintenance costs is used similarly to enhance liquidity.
Transfer Penalty:
When $META tokens are transferred, 10% is taken as a penalty.
60% of the penalty is burned.
40% is used to buy $META and add liquidity.
Vision and Future
Metaverse Miner aims to create an engaging and rewarding virtual world. Players, known as explorers, can travel to different galaxies, collect resources, and connect the "Metaverse" to human planets. The project plans to launch the META app and more games, like the Star War Game, to attract a wider audience.
By merging gaming with DeFi, Metaverse Miner offers a unique platform for earning rewards, making it appealing to gamers and crypto enthusiasts alike.
Metaverse Miner (META) is unique due to its combination of blockchain-based GameFi and NFTs, offering a deflationary tokenomics model and play-to-earn mechanics within an engaging virtual ecosystem.
The founders of Metaverse Miner (META) are anonymous.
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