Tokenomics
A Structure of Another World Metaverse Toknomics
Last updated
A Structure of Another World Metaverse Toknomics
Last updated
LAND plays a significant role in Another World Metaverse by providing existing holders multiple benefits from mining, rent income, and airdrop. In the future, LAND holders may receive special privileges in Another World Metaverse's sub-products. Users can mint and trade LANDs with AWM and KLAY. Moreover, users are also capable of mining XWD by staking their LANDs.
AWM, KLAY, and XWD have versatile usage points, including minting different sorts of Another World Metaverse items like costumes. Additionally, AWM is a fee for merging metaverse items, and these items will undoubtedly offer holders a wide range of Another World Metaverse benefits in the future.
Every aforementioned process will charge a fee, which will be used for investments that will bring further benefits to Another World's holders.
Another World aims to create various sub-products to add more utilities to AWM and empower the Token-Burning System. The objective is to benefit holders and reinforce a sustainable token economy of Another World. The products vary from simple applications to Mini-Games designed to mitigate the transition from Web 2.0 to Web 3.0.
Another Swap, developed by Another World Metaverse, stands as our exclusive swap platform designed to achieve industry leadership through the lowest fee structure and establishing a solid burning system for AWM tokens.
In the Web 3.0 market, user-friendly token-burning systems are gradually playing a pivotal role in sustainable tokenomics. Token burning mitigates the effect of market volatility and boosts the token's value by reducing the total amount of tokens in circulation. Another World Metaverse's token burning process is transparent, as users can verify every token coming in and out via the burn wallet and on the blockchain. Such transparency will assure holders of the Another World Metaverse system's security and potentially lead to similar investments in the future. The percentage of burnt fees and Treasury will start at 30% and gradually increase to reach 100%.
