3 PILLARS OF ADROVERSE METAVERSE ECONOMY
Economy has always been the core foundation of a society, and of any metaverse as well. A stable growing economy is a must-have condition for a prosperous society. However, building a balanced and steadily growing economy for a metaverse is a huge challenge. Let have a look at some architectural designs at the core of our Adroverse metaverse economy.
The core of every economy is the values, which are recognized by the community. And the economy is born when these values are exchanged and circulated in the society. What’s about the metaverse or video game? Players participating in activities in the metaverse, or playing games, demonstrate that they have recognized the value of the metaverse or games. By playing games or participating in activities in the metaverse, players are creating and contributing values to the entire ecosystem.
Axie Infinity, the pioneer in the Play-To-Earn game genre, has done a great job: Building an autonomous economy that takes digital assets SLP token as in-game currency to recognize the value created by players, as well as a means for value exchange in the players community. When playing the Axie game, players are contributing value for the game ecosystem, and when they win, the system automatically generates SLP tokens to recognize these values, and reward SLP to the winners. Later, players can use these SLP tokens to buy, sell, exchange value with other players, to serve their different needs. The autonomous economy was born here. This autonomous economic model is a great innovation, and is currently used in most of the Play-To-Earn games on the market.
In the Adroverse Metaverse, we also build an autonomous economy, and that is the first pillar of the Adroverse economy. And we have very different innovative designs that solve many painful problems that so many P2E games are facing now in the market.
Take, for example, population inflation. In Axie Infinity, new pets are born by breeding process with the spawning time of 7 days. The total number of spawns per pet is limited by 7, and breeding requires a progressive SLP fee. But these methods can only reduce the rate of population explosion, but cannot limit the total population of Axie pets throughout the system. In Axie Infinity, each pet has an energy limit that also limits the total amount of SLP they can generate per day. But since the total number of pets is unlimited, the supply of SLPs is also unlimited too, and the risk of inflation is almost certain to occur at some point in the near future. This problem many P2E games currently on the market are facing now.
In the Adroverse, characters are represented by cards, and these cards will be published in a predetermined number. And when players use these cards, each card has an finite lifespan, and each card can generate a maximum amount of ADD (Adroverse Diamonds — an in-game token similar to Axie Infinity’s SLP) that can be predetermined throughout their whole life. Therefore, the maximum value of the total supply of ADD tokens can be determined at any time. The cards in the Adroverse will be released in batches. With a design that can determine the maximum total supply of ADD in-game tokens, and together with the powerful consumption mechanism that we will talk about later, the balance between supply and demand in the Adroverse economy can be achieved. Overpopulation and in-game token inflation problems are solved by this design.
The second pillar of the Adroverse economy is the mechanism for consuming resources and assets. In the real world, all entities have a finite life span. Finite quantity and finite life cycle are the most basic basis of a balanced ecosystem. If there is birth, there must be death, if there is an entry, there must be an exit. Only then we can achieve the long-term balance of the whole ecosystem. Adroverse implements these basic equilibria with a new generation of interactive NFT system, consisting of two special types of NFTs: Consumable NFT and Retirable NFT.
Consumable NFT will expire after a certain number of uses, and Retirable NFT will expire after a certain amount of time, regardless of whether it is used or not. With this design, resources and assets in the metaverse will gradually decrease over time, creating ecological balance and creating new demands. In addition, this design will help players live in a metaverse that is always changing, constantly refreshing, never boring.
However, the virtual world is still a virtual world, which cannot be exactly the same as the real world. And immortality is possible in the Adroverse. Players can fuse multiple NFT objects of the same type and same class to create a higher-class, longer-life NFT object. Reaching a certain level, these NFT objects can have an eternal lifespan.
The mechanism for upgrading the eternal lifetime of NFT objects is strictly controlled, to ensure that the number of eternal type NFTs is infinitely limited. Then, these eternal NFT objects will have great collectible value, and they will create an extremely attractive market for gamers-collectors.
The third Pillar of the Adroverse economy is a mechanism to redistribute the revenue of the Adroverse Foundation back to players themselves. Most of the revenue from in-game products and services in Adroverse (estimated around 80%) will be allocated into reward pools, which will be redistributed later to the players according to different reward mechanisms. We call these reward pools “Growth Funds”. Imagine, anyone who joins Adroverse, good at playing games or not, always has a chance to be the luckiest player of the month with a jackpot up to 50,000 USDT! And this prize can be accumulated over many months to hundreds of thousands of USDT! Then this grand prize alone could have been a very powerful community attraction factor. And this reward is totally possible with the aforementioned Adroverse Foundation’s revenue redistribution mechanism.
With the three main pillars of the Adroverse economy, we are confident that Adroverse will be an extremely attractive environment for the gaming community in general, both the traditional gaming community, and the Play-To-Earn gaming community. On top of that stable economic platform, Adroverse will aim to balance “Play” and “Earn”, providing both great gaming experiences and big “Earning” opportunities for those P2E gamers. Join Adroverse to enjoy, to win, to hunt big lucks, and to earn, certainly.
