🎮What is MetaFighter? I Market Design, Mechanism Design and Token Design Explained🎮
Economics Design
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Disclaimer: This is not financial advice
Overview
It is a retro arcade style fighting game integrated with blockchain technology. Stake tokens for skills, skins, characters within the game. Users can rent their NFTs for other players to use within the platform. PvP requires a token fee which will become a wager between the two fighters where the winner will be rewarded with more tokens.
High Level Token Summary
The governance token is called $MF token (Metafighter token) and it is capped at 1,500,000,000 total.
Players get it through purchase on secondary markets, gameplay or tournament rewards, rental/sale revenue
The token is used for in-game currency , fighting rewards, governance, experience points leverage.
Market Design
Player Archetypes:
Killers: Arcade fighting games have a classic yet very competitive Esports scene. Metafighter is no different as PvP is a big component of the game. Therefore, killers
Achievers: Users who look to collect Metafighters, progress through the PvE or story mode of the game, or get their fighter s to the max level can be considered Achievers in this project.
Investors: There is a clear investor class in Metafighters because of the presence of an internal renting platform. Players can rent NFTs in order to play the game, or rent arenas where players conduct matches. Arenas can also be customized to ad advertisements for passive income.
Mechanism Design
1v1 or 3v3 Classic Arcade Style Best of 3 Battles with different game modes:
Fight To Learn - Free to play experience of the game
Fight to Gain - Users level up their NFT characters
Fight to Earn - Wager $MF tokens on fights against opponents
Tournament - Special Events that have big prizes
PvE - Hone skills and get EXP combating CPU opponents
PvP - Test your skills and challenge friends
Players can also choose to hold tokens in order to get EXP modifiers, purchase skins to change the look of their champions, or equip superpowers to the champions that give them access to special abilities.
What Else Did You Miss?
Token Design
Systematic Risk
Idiosyncratic Risk
Conclusion
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