$META

$META is a multi-functional token in the MetaDragon ecosystem, using the unified NFT and token ERC404P protocol.

$META is both a token (ERC-20) and an NFT (ERC-721).

$META Contract Address:

0xEF1f39d8391cdDcaee62b8b383cB992F46a6ce4f

Application of $META token (ERC-20):

  1. Hatching MDragon requires consuming $META.

  2. Upgrading MDragon in the MWars app requires consuming $META.

Applications of META NFT:

  1. Hatch into important assets in MWars - MDragon NFTs.

  2. Collecting a complete set of 5 NFTs entitles you to receive $META airdrops.

Token (ERC-20) and NFT (ERC-721) Conversion

  • Token to NFT: 10,000 META = 1 NFT Send "10,000 integers" tokens to the token contract address to obtain an NFT;

  • NFT to Token: 1 NFT = 9800 META, 2% (200 META) deflated. Send NFT to the token contract address to obtain tokens, where 2% is automatically deflated.

The Issuance Method of $META

Total Supply: 300,000,000 tokens

Issuance Method
Amount/million
Ratio
Notes

Mint

40

13.3%

Issued through online fair minting

MWars

90

30%

Issued through PVP Arena rewards

Collectibles

90

30%

Issued through collectibles event

Liquidity Pool

35

11.7%

Adding DEX Liquidity Pool

Investment Fund

30

10%

Early Stage Institutional investments

Marketing Fund

15

5%

Marketing

Total

100

100%

$META Deflationary Burning Mechanism

Use Case
Burning Ratio
Notes

NFT - Token Conversion

2%

Convert NFTs into tokens, 2% is automatically deflated.

Game Utilities

20%

Revenue from hatching and upgrading MDragons will be regularly burned.

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