Introducing Our Metaverse Miner Revenue System — Phase I

Metaverse Miner
6 min readAug 7, 2021

--

Background

In the future, a virtual world with a complete Metaverse has been built, but the Metaverse requires energy for its functioning, so the Metaverse Alliance was born. They launched a project called “Metaverse Miners” to encourage explorers to navigate the galaxy, using various machines to obtain raw energy in unfamiliar galaxies and linking to each planet through an interstellar logistics network. There are five interstellar giant companies competing with each other, each launched their own products, they are placed on the planet to obtain raw energy Miner NFT. Five companies have different types of products, there are basic energy body, insect-like creatures, intelligent robots, specialized energy harvesting mining machine, and high energy consumption but high efficiency mining ship. As interstellar adventurers, they need to obtain a planet, or obtain a mining product, and then work to collect energy.

Three Core Assets

Planet NFT

To get a planet and become a star master is the dream of every adventurer. The planet can only be obtained by auction, and the planet will be owned as a territory after the auction, which will take control of the planet’s governance and “tax” rights. The higher the level, the higher the profit.

PLANET NFT

Miner NFT

Be a base-level player by buying Miner NFT. With your Miner NFT, you can choose any planet at will to mine. Miner NFT come from five major interstellar giants with different forms and attributes. You can only get a Miner NFT by purchasing a blind box, thus you can get whichever Miner NFT you want, as fate would have it, Good Luck!

MINER NFT

Energy Value

Unlike raw energy, energy value is the base energy ( interpreted as the cost of electricity) that you need to consume to go mining on any planet and stake the Miner NFT. Miner NFT requires energy value to run, which costs USDT to buy. Quite cheap, 1 USDT can buy 150 energy value.

Become a Star Master by Buying a Planet

1. Get a planet NFT through auction

Before the launch of the game, the Metaverse Alliance will hold an auction of planets, initially 200 planets are expected to be offered. You can get the $META to participate in the auction of planets through private placement quota, or secondary market, please be noted that he auction can only use $META.

2. After a successful auction, you will get a Planet NFT

The primary planet has about 1000 miner positions, and you can place up to 1000 Miner NFT. Either you buy your own Miner NFT, or other players’ Miner NFT, both can be placed on your planet for mining.

3. Popularize your planet

You still need to work hard to manage, promote and publicize your planet after you have bought it, to attract more players to come to your planet with Miner NFT for mining. Because only the more Miner NFT on your planet mining, as the owner of the planet, the higher your earnings.

4. Rent out part of the Mining Area

If you find it tiresome promoting, you can rent out your planet’s mining area and let professionals help you promote it, which allows you to enjoy the “effortless income”. However, the person who leased your mining area will also share part of your planet’s revenue.

Star Master’s Profits

Owning the whole planet as a territory, the Star Master will be at the top of the food chain, and the earliest players who become the Star Master will get the highest revenue.

· Enjoy 5% of the $META generated by all Miner NFT on his planet;

· Enjoy up to 20% of the $USDT equivalent of the energy value consumed by the Miner NFT staking;

· Enjoy 20% of other players’ fees for the first transaction of Miner NFT on the planet and 10% of subsequent transactions;

· Profit gained by selling the $META obtained from mining;

· Profit gained by transferring Miner NFT

· Get the rental fee by leasing the mining area on the planet.

Planet NFT’s Estimated Main Revenue

Cost: The first auction is expected to average about 2000 $META

a. Mining revenue: the first auction of 100–200 planets, according to the average arithmetic to measure, mining arithmetic ratio of 0.5%, the first week of release of the total amount of 1.2 million $META, that is, about a planet mining amount of 6000–12000 $META, as a star master mining revenue of 300–600 $META

b. Energy value revenue: primary planet energy value profit sharing ratio of 12%, assuming the placement of 1000 Miner NFT, each robot that daily consumption of about 70 energy value *1000 = 70,000, and 1 USDT = 150 energy value, monthly share will be (35,000/150)*12% *30 = 1680 USDT

c. Miners NFT selling revenue: 500(the initial number of miners) + 100* 3(per week) = 800 Miner NFT, each price is 2* the average price of META(RECENT 20 times), which will be 800 Miner NFT*2$META*20%=320$META(approximate value of USDT)

The above adds up to 600 $META + 1680 USDT + 320 $META (same value of USDT), which is close to return based on the constant $META price, not to mention, the pull up of $META price during this period will give the whole gain many flips. And the planet’s income is long lasting, with the further promotion of the game, and the planet upgrade, the effortless income will continue to break into your dreams when you “sleep”.

Estimated payback time: 1–2 weeks

Analysis of the Core Profits

1. Primary planets have 1000 Miner NFT placement, it means that if full of Miner NFT, all aspects of revenue will be doubled.

2. The overall arithmetic power affects the overall mining revenue share, attracting more Miner NFT with high arithmetic power to mint, the higher overall power, the higher the mining revenue share.

3. The more Miner NFT sell, the higher the profits share.

In short: the overall variables are the total arithmetic power, the amount of Miner NFT of mining, the category of Miner NFT, and the level of the Planet, will all affect the entire planet’s revenue. The core is still the operation and promotion of the planet, only when you make your planet full of Miner NFT, your revenue is maximized.

Analysis of the $META Price Trend

① With the selling of the blind box of $META, it starts to increase, and with the opening of the secondary market of $META, there will be more people chasing the high arithmetic power of $META, which would directly result in increasing the value of $META.

② $META efficient destruction deflation mechanism is constantly reducing the total amount of $META, auction will burn $META, trading will destroy $META, energy value consumption will also burn more $META.

③ A trading mechanism that restricts selling is in place, $META selling will have a 10% penalty. Thus increasing number of people buying and not selling at will.

④ Mining out $META can also be locked and staked, 5% of the total 21 million $META is used to encourage staking $META, which will lock up most of the $META, and the overall circulation will be very small.

--

--

Metaverse Miner
Metaverse Miner

Written by Metaverse Miner

The NFT+Metaverse+DEFI game on BEP20 blockchain. Official website: meta.auto

No responses yet