Players Withdrawn $4’5 Mil. from MCP3D Smart Contracts as it Goes DeFi with $MEGA Token
2 years ago
Recent months demonstrated explosive growth of decentralized finance with $13 Billion in total value locked. Normally, games are the first thing to take off on new platforms, and seems like DeFi is not an exception here.
The most obvious pretendent here is the decentralized city builder dApp game MegaCryptoPolis 3D (MCP3D) is not a new kid on the block - launched early 2018 to become one of the most popular blockchain games reported over 8000 ETH and 45 Million TRX (~$4’500’000) withdrawn by players from smart contracts.
In the nutshell, players acquire land plots and construct buildings to produce Resources required by other buildings to operate or collect cryptocurrency from the in-game Funds (around $400’000 available at the moment).
The most expensive assets in the game are Districts - one was recently sold by a player for 75 ETH (~$27’000 at the date of the deal). District owners receive a part of TRX from every player on its territory. Districts were initially distributed on the Ethereum network starting at 5 ETH.
All the Ethereum Districts are available only on the secondary market. TRON gaming map was opened March 2020 and still has Districts opening every next month with the initial auction bid starting at 200 000 TRX. The first District owner collected over 1’450’000 TRX in proceeds from actions on its territory
Hardcoded Price Growth
The cheapest land plot in the game starts from $5-8 and can reach anything up to $5’000-7’000 depending on a building that is constructed on it. When someone claims a spare land plot on the gaming map, there are then two major events that will follow:
Part of the price paid to acquire a land plot goes to the surrounding landowners that are situated within a 7x7 field radius.
Every land plot sold will raise the price of the surrounding 24 blocks within a 7x7 field radius.
Get started today by selecting a land plot on the gaming map. You can choose ready buildings constructed by other player from the Market or grab a spare land plot in any District.
The lowest prices for land plots available when a new District opens - parcels starting from 250-300 TRX may easily be worth 1000 TRX right the next day.
What is the $MEGA Token?
The core idea behind $MEGA Token is enabling value transfer between chains and creating an independent and trustless market with no control from developers.
$MEGA Token holds the value of all Resources produced in the game.
Pre-minted total supply,
Not a token offering, pre-sale or distribution,
No token reserved for team members.
$MEGA Token will have a static supply that is not changing over time as no Mint() or Burn() functions are in the smart contract - that means no new $MEGA Tokens will be created, ever. All the $MEGA Tokens will be initially allocated in the Vault.
Players will be able to receive $MEGA Token from the Vault by depositing Resources to the Vault. The less $MEGA Tokens left in the Vault, the more Resources will be required to receive the same amount of $MEGA from the Vault.
Resources locked in the Vault could be released by any player using $MEGA Tokens. The more Resources is deposited to the Vault the less $MEGA is required to receive the same amount of Resources from the Vault.
How to use $MEGA?
$MEGA Token has several use-cases:
Play the game to get $MEGA:
Lock Resources in the Vault to get $MEGA
Exchange one Resource to another
Release Resources from the Vault using $MEGA
Manage a Corporation to receive $MEGA from the Fund
Govern a District to have $MEGA tax from Corporations
2) Transfer Value
Transfer Resources between networks using $MEGA
3) $MEGA Token can be used as a storage of value (to HODL).
A player may operate liquidity mining operations for the $MEGA Token to earn fees providing liquidity by adding $MEGA to pools on UniSwap (Ethereum) or JustSwap (TRON Network).
How to get $MEGA?
Players will be able to receive $MEGA Token starting from Oct 28 2 PM UTC by locking Resources in the Vault. Resources can be produced in a building, purchased on the in-game market or acquired in Packs from the official store (only 5892 Packs left with exclusive Generation A Citizen NFTs).