№.05 | AMU INFINITY－$AMS
AMS is an Amu Infinity gaming token built on the Ethereum blockchain. It is an essential part of the Amu Infinity game platform and peripherals and the basis for in-game transactions.
Amu Infinity dedicates to establishing the key mechanism of the game ecosystem and sensibleness so that it is closely integrated with the economic value of Amu Infinity games and peripherals.
$AMS will be the only utility token to keep its price growing steadily in the Amu Infinity game platform.The total supply of AMS is 700,000,000.
For a detailed introduction of AMS’s economic system、 distribution unlocking cycle details, please click on the following link to the white paper:
The token will use it in the following areas:
- Game consumption: In all games of Amu Infinity, Players could spend ETH or AMS to purchase game items, such as functions and equipment, etc. The players will earn different amounts of AMS through the game. Also, it can be recurrently invested in the game to generate more AMS, or the earned AMS can be sold to the Exchange for economic benefits.
- Platform regulation: AMS holders will use a distributed autonomous organization structure to participate in the platform’s governance and make decisions. Players can exercise voting rights on crucial decisions and vote for the game’s direction and the priority of functions on the platform road-map. Owners of $AMS can vote by themselves, or the voting rights could be entrusted to other players.
- AMS pledge: Players can pledge AMS tokens to get periodic rewards. Different pledge cycles and pledge methods will obtain different proportions of financial gain. We have developed a novel distribution system to incentivise for long-term holders to distinguish between locked and unlocked tokens. All of this will be regulated through smart contracts.
At the same time, we have formulated several stakeholder methods to ensure the appreciation of AMS tokens. Thus, we will sign a smart contract to distribute the benefits through Amu Infinity to stakeholders, which supports the game ecology and provides the funds needed to grow the market and develop a high-quality game experience.
The stakeholders are:
- Ecological pool: It is mainly used to reward players for the promotion and publicity of the platform. The ecological pool will receive all players’ daily contributions and generate an AMS. The ecological collection will index each player contributing to the ecology through smart contracts, distributing rewards to the referrers. All participants who have received rewards from the ecological collection will be displayed.
Note: The details of the game ecosystem pool will be updated and released later.
- Staking pool: used to provide revenue and value to token holders. AMS holders obtain income through a pledge, voting, delegation, etc. The highest annual yield is approximate 600%, perhaps higher.
Note: The details of the pledge will be updated later.
- Treasury repurchase: Players will cost a one-way 5% fee to enter the treasury during in-game transactions. We will put all assets in the treasury into the market to repurchase AMS, and then the repurchased AMS will be placed in the pledge pool, which will be better. The maintenance market AMS currency price. Staking users will not only enjoy the original allocated staking pool rewards but also 100% of the revenue rewards of all Amu Infinity games.
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