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🎮What is MetaFighter? I Market Design, Mechanism Design and Token Design Explained🎮

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🎮What is MetaFighter? I Market Design, Mechanism Design and Token Design Explained🎮

Economics Design

Lisa JY Tan
and
Tejas
Jul 1, 2022
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🎮What is MetaFighter? I Market Design, Mechanism Design and Token Design Explained🎮

www.newsletter.economicsdesign.com
Welcome, subscribers! Thank you for subscribing. What will be shared today and the days ahead are alpha from our Economics Design's researchers. Please keep these mails secret and do not share them with any one because these alpha are confidential. Enjoy your reading.

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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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🎮What is MetaFighter? I Market Design, Mechanism Design and Token Design Explained🎮

www.newsletter.economicsdesign.com
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