Economic Model
Last updated
Last updated
Nowadays, sustainability seems to be the major problem for the NFT games. The majority of conventional NFT games are designed in a way that investors earn from new or old players who invest in the game - which is "Ponzi scheme," and it cannot be sustained over the long run. Researching the tokenomics of these conventional NFT games’ platforms allowed us to identify the issue which is "Lack of long-run demand”.
In order to sustain Krypto Fighters withstand the test of times, we have devised a comprehensive business strategy that incorporates a number of different potential income streams. In addition, we will continually develop new NFT collections, collaborate with well-known NFT artists to provide value, which will subsequently lead to long-term demand. The combination of these approaches will benefit everyone who plays our game as well as the investors.
Our ecosphere is designed to be supported and sustained by many income streams which are as follow;
Marketplace fees - All transactions are charged a fixed fee of 3.5% for NFT sellers.
KF Ads - Once our ecosystem obtained a certain numbers of users, we plan to monetize from different forms of ads (banners, intrusive ads, video ads, etc.) - e.g. users must watch the ad to recover HP instantly instead of using Jabs or going to Kryptopolis hospitals, gyms etc.
Coaching(Mint) Fees - KF coins will be utilized at the time when users want to mint a new NFT Fighters.
E-Sport Tournament Sponsorship
Leasing Fees - All Leasing transactions are charged a fixed fee of 3.5% for NFT renters.
Store of Value investments - we plan to charge 10% from all transaction fees to invest in other cryptocurrency such as BTC, ETH, etc. All the earnings from this process will be directly deposited into the KF Tresurry. And the size of the investment will be determined by KF governance voting.
These incomes will directly go to our KF Treasury and they will be put to good use in order to ensure that our metaverse continues to function without any hiccups. These are the area that we will contribute in order to maintain our ecosphere's healthy
KF Reward Pool - Big prize for tournaments and league winners
Staking Reward
Operating Cost
Membership Privilege fund - We plan to collaborate with many other projects to provide exclusive privilege to our NFTs Holder. Not only to the blockchain project but also local businesses in the real world. Imagine if you hold the NFT and get a discount for fast food/beverage. To make this happen, we will reserve some of our Treasury in order to operate the business and activities.
