O2 Token Genesis: Game Dynamics and Distribution
In Project SEED metaverse, we will be launching multiple games as the ecosystem grows. Starting with our first game title — Outland Odyssey, we create O2 tokens for users to navigate through this gaming world. Broad dynamics of the tokens are built to bring massive blockchain power to our users when they immerse in our games. Today let’s learn more about O2 token: its game dynamics and distribution plan as our gaming metaverse is beginning to be formed.
Beyond interoperability across the Metaverse, Outland Odyssey (O2) Token has heavy game-wide use cases.
Dungeon Rewards, our play-to-earn system lets players earn O2 tokens that can be converted to real money. O2 tokens will be distributed based on Proof-of-Play.
O2 tokens will be distributed at the initial game launch, based on the SHILL staking system.
Every NFT minting will require players to burn SHILL and O2 Token. Project SEED believes this system will make a healthy game economics and balance of the token supply.
Players can enhance their game items (minted as NFTs) to increase their statistics and skills. Like minting, every enhancement requires players to burn O2 tokens.
In the Outland Odyssey game, players can interact with their beasts, called Zeds. Using O2 tokens, players can evolve Zeds and their skills to higher levels.
O2 Token will be distributed by methods of SHILL Staking Rewards, Play-to-earn Rewards, and Community Rewards.
Token Economics Structure
- Ticker Name : O2
- Total Supply : Non-Capped Supply
- Monetary Policy : Burn and Mint Equilibrium
- Emission Type : Dynamic Issuance
- Initial Circulating Supply : 0
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