TOKENOMICS

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Token: $META

Total Supply: 21 million

Token Mainnet: BSC

$META Token Distribution:

Mining Output: 70%

Private Sale: 10%

Team: 10%

Eco-fund: 5%

Staking reward: 5%

● Mining: 14.7 million (70%), distribution of Miner NFT Staking.

● Private Round: 2.1 million (10%), the private round portion is unlocked in 5 tranches: 50% at launch, 20% at 3rd month, 15% at 6th month, 10% at 9th month, and 5% at 12th month. Except for the first unlocked 50% which can be circulated, the remaining 4 tranches of unlocked $META tokens can only be used to participate in the Planet NFT auction.

● Team: 2.1 million (10%), unlocked proportionally with mining.

● Eco-fund: 1.05 million (5%), to support of ecological construction such as initial liquidity, community collaboration, etc.

● Staking Rewards: 1.05 million (5%), rewarding for staking based on weight of the staking time.

Token Features

● Deflation mechanism: $META tokens have a multi-dimensional burning destruction. $META will enter a deflationary cycle when the amount of destruction exceeds the new circulation mined in the same period. The scenarios that trigger the destruction of $META tokens included:

o Planet NFT Auction: 80% of the $META tokens paid for by the auction will be directly burned.

o Miner NFT Sale: 60% of the $USDT tokens received from the first sale of Miner NFT will be purchased directly in the marketplace and destroyed for $META tokens.

o Miner NFT Mining Management Costs: 30% of the operating costs ($USDT) paid by Miner NFT when staking will be taken to purchase $META tokens in the marketplace and burned.

● Incremental liquidity mechanism: During the development of the Metaverse Miner ecosystem, the depth of DEX liquidity of $META tokens will be continuously enhanced through the following segments.

o 20% of the revenue generated from the sale of Miner NFT will be used to purchase $META on DEX and add liquidity to the META-USDT trading pair.

o 30% of the cost of maintaining the “energy value” ($USDT) paid by Miner NFT holders to participate in mining will also be used to purchase $META at DEX and add META-USDT pair liquidity.

● Token Burning Mechanism: When a $META token holder sells or transfers $META, 10% of the amount transferred is taken as a penalty. The penalty is allocated according to the following mechanism.
o 60% of the penalty is directly burned and destroyed.
o 40% is used to buy $META in the market and add liquidity to META-USDT pairs.