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MAK token market value is about to take off? Benchmarking projects on the same track, bullish potential!

远山洞见2024/09/09 06:59
By:远山洞见
I. Project introduction
 
MetaCene is a next-generation Web3 MMORPG game developed by Singaporean company Pengu Software, focusing on building an open world that combines blockchain and traditional gaming experiences. The game is set in an economically developed post-apocalyptic open world, where players can experience this immersive virtual universe through tasks, battles, and social interactions. MetaCene breaks the traditional boundaries of Web2 games, combining game servers with NFT asset ownership through decentralized technology, giving players more autonomy and participation.
 
MetaCene's goal is to become the world's leading AAA-level blockchain game, attracting a large player base through exquisite anime-style art design and rich gameplay. Its innovation lies in not only being an entertainment platform, but also a decentralized ecosystem based on blockchain technology, allowing players to not only participate in entertainment in the game, but also govern, create value, and trade through smart contracts and token economic systems.
 
As a pioneer in the Web3 era, MetaCene not only deeply cultivates innovation in technology, but also actively promotes community building, attracting more than 100,000 active players worldwide. Last year, it completed a $5 million seed round financing led by Hash Global and SevenX Ventures, with participation from well-known investment institutions such as WeMade, Emurgo, and MixMarvel DAO Ventures. MetaCene was also selected for the sixth season incubator of Binance Labs, demonstrating its huge potential.
II. Project highlights
 
1. Innovative ServerFi decentralized architecture:
 
MetaCene combines game servers with NFT asset ownership through the Realms system, promoting decentralized server management and information delivery. Players can not only participate in the game, but also own, manage, and govern some servers in the game world, giving unprecedented autonomy and asset ownership.
 
2. Dual-token economic model:
 
Using two tokens, $MAK and $MUD, $MAK serves as the governance token, giving players the right to stake and participate in DAO decisions, while $MUD is the universal currency in the game, used for synthesis, equipment upgrading, and daily transactions, promoting in-game economic circulation, ensuring long-term economic stability and participation.
 
3. PVE and PVP game mechanism innovation:
 
The game combines resource collection, PVE storyline tasks, and PVP battle system. The dungeon adopts Roguelite random generation mechanism, bringing high replay and complex adventure experience. Players can participate in personal 1v1 battles, agency team battles, and compete for rare resources in fiercely competitive mining areas, providing rich game interaction and challenges.
 
4. Senior team and strong investment background:
 
MetaCene team members have extensive experience from well-known gaming companies such as Shanda Networks, Perfect World, and Blizzard Entertainment. Project Finance has received support from top investment institutions such as Hash Global, SevenX Ventures, WeMade, and Emurgo, and has successfully been selected for the Binance Labs incubator, demonstrating strong market potential and credibility.
 
III. Market value expectations
 
MetaCene, as a Web3 MMORPG game project, has a strong technical foundation and an innovative dual-token economic model. Compared with similar Web3 game projects, MetaCene combines decentralized governance and ServerFi innovative architecture. At the same time, MetaCene not only has unique advantages in token distribution, but also wins the favor of users through innovative gameplay and deep social interaction functions. Through PVE, PVP game mechanisms, and deep integration with NFT assets, MetaCene provides rich game scenarios, attracting a large number of players and investors worldwide.
 
The total amount of MAK tokens is 1,000,000,000, the circulation is 102,433,360, and the circulation market value is 9.63 million US dollars, which is comparable to the MMO strategy game Heroes of Mavia and the metaverse shooting mobile game Matr1x in the same track.
 
If you look, the potential market value has potential.
 
- Heroes of Mavia (MAVIA): Market cap 36.90 million USD, Token price 1.17 USD
 
-Matr1x (MAX): circulating market value 45 million USD, token unit price 0.3521U
 
If the circulating market value of MAK is the same as that of MAVIA/MAX, the price and increase of CATS tokens will be:
 
Benchmarking MAVIA: If the circulating market value of MAK reaches the level of MAVIA, the price of MAK tokens can reach $0.36, an increase of 283.18%.
 
Benchmarking MAX: If the circulating market value of MAK reaches the level of MAX, the price of MAK tokens can reach $0.44, an increase of 367.29%.
 
IV. Economic model
 
MetaCene's economic model relies on a dual token system: $MUD (in-game token) and $MAK (governance token), which respectively meet the basic consumption and advanced player governance needs of the game. The following is the specific allocation of $MAK and the overall economic model.
 
1. MUD - In-game Token
 
  • Supply : Unlimited
 
  • Function : $MUD is the base token of MetaCene, used for various daily operations in the game, including practical functions such as buying equipment, P2P transactions, asset auctions, and teleportation revival.
 
  • How to get it : Players can get $MUD by recharging or participating in server airdrops and other activities.
 
  • Consumption scenarios : $MUD is widely used as a settlement currency in the game, including equipment purchases, P2P transactions, asset auctions, and NFT asset transactions.
 
 
2. MAK - Governance Token
 
  • Supply quantity : 1 billion pieces
 
  • Function : $MAK is the core governance token of MetaCene, aimed at intermediate and advanced players. It can be used to purchase land, stake to synthesize advanced NFTs, participate in DAO governance, and unlock in-game privileges.
3. MAK token distribution:
 
  • Community and marketing : 36%
 
  • Financing : 24%
 
  • Team : 20%
 
  • Ecological Fund : 16%
 
  • Consultants : 4%
 
4. MAK acquisition and consumption scenarios:
 
· Access method :
 
    • In-game activity rewards (more rewards for difficult activities)
 
    • Apostle NFT Holders Airdrop Rewards
 
    • Staking reward
 
    • Community activities and operational rewards
 
    • Participate in governance and content co-creation
 
· Consumption scenarios :
 
    • Staking rewards and unlocking VIP privileges
 
    • DAO governance voting
 
    • Participate in PVP competitions, unlock advanced dungeons, and purchase advanced assets such as Realms NFTs
 
    • Purchase of land and advanced NFT assets
 
5. MAK repurchase mechanism:
 
In order to maintain the long-term value stability of the $MAK token, MetaCene will use 30% of its revenue for $MAK buybacks, including platform and game revenue. Platform revenue such as NFT market transaction fees and game revenue come from in-game asset consumption.
 
6. Ecosystem value growth:
 
With the expansion of MetaCene's user base and the expansion of game content, the demand for $MAK and $MUD will continue to grow. Advanced NFT assets generated by staking $MAK have formed a strong demand for $MAK, driving up token prices.
 
V. Team and financing
 
MetaCene's core team consists of top experts in the gaming industry with rich experience in MMO game development and management. Alan Tan , CEO of MetaCene, was the CEO of Shanda Games and led the successful launch of iconic games such as Legend and Dragon Nest, laying the foundation for his influence in the global gaming industry. After turning to the Web3 field, Alan founded MetaCene with the aim of building a new decentralized gaming ecosystem for players through blockchain technology.
 
Also on the team is Cary , who has over 20 years of industry experience as Chief Product Officer and has led multiple MMO games with annual revenue of over $1 billion. Last is the Chief Development Officer and has served as the main planner of the "Nine Yin Manual" series, with over 14 years of R & D. Producer Lion has led the development of several well-known mobile game projects, such as "Tai Chi Panda", and his works have a market circulation of over $1 billion. CTO Owen is responsible for the technical development of MetaCene and has over 20 years of server R & D.
 
In addition, MetaCene's advisory team also includes game industry veterans such as David Brevik , co-founder of the Diablo series, and Bill Wong , former vice president of Perfect World, who provided strong support for the success of the project.
 
In terms of financing:
 
MetaCene has received strong capital support through multiple rounds of financing. In July 2023, MetaCene raised $5 million in seed financing from investors including SevenX Ventures, Hash Global, Wemade, EMURGO, Innovation Works, and MixMarvel DAO Ventures.
 
Subsequently, in March 2024, MetaCene successfully received a $10 million investment in Series A financing, with participating institutions including SevenX Ventures, Folius Ventures, Spartan Group, Mantle Network, Comma3 Ventures, Animoca Ventures, Longling Investment, and IGG. The support of these top investment institutions shows the market's strong confidence in MetaCene's development potential in the Web3 gaming field.
 
VI. Risk Warning
 
1. The crypto market itself is highly volatile, and the price of tokens may be influenced by market sentiment, overall economic conditions, and competitor activities, leading to price fluctuations.
 
2. The competition in the Web3 and MMORPG gaming fields is intense, and MetaCene needs to continue to innovate in order to attract and retain users, while competing for market share with other emerging projects.
 
VII. Official links
 
 
 
 
 
 
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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