$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：
Application of $META token (ERC-20):
Hatching MDragon requires consuming $META.
Upgrading MDragon in the MWars app requires consuming $META.
Applications of META NFT:
Hatch into important assets in MWars - MDragon NFTs.
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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