Metatun Token - $MTW

The Metatun Token ($MTW) is a governance token for the Metatun Game which will be backed by a liquidity pool on a popular decentralized exchange run on a mainstream network. Since the game is not specifically designed for a particular blockchain, the team had decided to implement our governance token system based on the ERC-20 format; running on one of the cheapest ERC-20 networks such as Polygon, which can essentially operate on the well-known Uniswap exchange. This implementation would allow us to achieve more in a shorter period of time with much lesser technical difficulties by utilizing well-established third-party dApp tools available for functions including coin issuance, unlocking, multi-signature wallets, DAO management, etc.

It is important to note that this will not go live early in the project and may be adjusted during the specific implementation as the blockchain technology and the project evolves.

The main uses of $MTW are:

  • staking to initiate DAO proposals in the governance forum or by voting on key governance decisions.

  • financial management for the Metatun Game economy;

  • exchange of $MTC;

Sources of $MTW acquisition includes:

  • a combination of early player scores, number of NFT holdings, community member contributions, and other airdrops;

  • earned by playing the Metatun Game;

  • obtained by staking $MTW;

  • obtained by adding liquidity to $MTW pool;

  • purchased on the decentralized exchange Uniswap.

The ultimate goal of $MTW is to decentralize the ownership and governance over Metatun Game.

Since the implementation of tokenomics is in a further stage on our current roadmap, we will be constantly reviewing our model by studying examples and practices in the industry to ensure we have an implementation that will best benefit our project when the time comes.

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