💰Tokenomics

On this page you can learn more about 3VERSE's tokenomics.

VERS

1. 3VERSE Token ($VERS)

Key Data
Ticker	TBA
Type	ERC20
Use Case	Utility Token
Maximum Supply	TBA
TGE Supply	TBA
Public sale	TBA
Community	TBA
Utilities	Buy Battle Passes / Tech Crates / Cosmetics / Level Up, Staking
Vesting	Yes

2. Token Allocations

TBA

2.1. Development Fund

TBA

2.2. Team

TBA

2.3. Advisors and Partners

TBA

2.4. Marketing

TBA

2.5. Public Sale

TBA

2.6. Staking Rewards

TBA

2.7. Gaming Rewards

TBA

2.8 Liquidity Pool

TBA

2.9 Community Pool

TBA

3. Token Utilities

1. Tech Crates: Tech Crates contain many items essential to the game including cosmetic parts like Mech parts, Mech skins, emotes and Ability cards.

2. Deck Builder: Each player starts off with 3 decks that they can customize. Unlocking more deck slots will cost tokens.

3. Staking: Stake VERS to receive staking rewards.

4. Use of Funding

The capital collected from the public sale will be used for further development of the 3VERSE game, providing liquidity, exchange listings, marketing activities, platform and all related operations. As popularity of the project increases, there will be a corresponding increase in server capacity usage and network transactions. Hence we will address this by assigning resources to allow scaling of the of the game and platform for the masses, ensuring smooth functioning of all crucial game components. In deckbuilding/card games of this genre, content is king. Therefore, efforts will be made to continually add in-game content and token sinks to ensure re-playability through constant updates.

Another important focus of 3VERSE is the acquisition of Web 2 customers. A significant portion of funds will go towards reaching this target group via the mobile app in IOS and Google Play, opening up a massive audience of gamers, accelerating the growth and adoption of the game. A part of this strategy involves purchasing advertisements on various ad networks. From the get go, we will be working with influencers and major gaming partners with our marketing budget. It will also be crucial to continually develop business opportunities and explore new markets- made possible by the Cross IP nature of the game. The last significant expense is operations, which includes salaries unrelated to any of the previously mentioned areas, rent, office supplies, and infrastructure costs.

5. Conclusion

Tokenomics is an essential aspect of any blockchain-based project, and 3VERSE is no exception. The allocation of tokens plays a crucial role in determining the project's success and adoption rate. In the case of 3VERSE, the tokenomics allocation has been thoughtfully designed to ensure a fair distribution of rewards for all participants while also incentivizing key stakeholders to contribute to the project's growth and development.