Tokenomics
Muamma Tokenomics
Last updated
Muamma Tokenomics
Last updated
The Muamma project is designed as an innovative answer-to-earn platform, rewarding users with Muamma Tokens for their contribution of knowledge. The underlying tokenomics of the project are engineered to support a robust ecosystem, ensuring a fair distribution of tokens and fostering both growth and sustainability.
With a starting supply of 100 million tokens, the allocation is strategically diversified to promote development, provide liquidity, reward community involvement, and facilitate the project's long-term vision. Here is a breakdown of the Muamma Token distribution:
Development (15%): A substantial portion is dedicated to the ongoing development of the Muamma ecosystem. This ensures continuous improvement and innovation within the platform.
Team & Advisors (10%): This allocation is for the team and advisors whose expertise and guidance are invaluable to the project’s success.
Liquidity (10%): To ensure a stable and healthy market for Muamma Tokens, liquidity is a priority. This allows for smoother transactions and better price stability.
ICO (10%): The Initial Coin Offering represents a chance for early adopters to participate and invest in the vision of Muamma.
Operations & Marketing (6%): Funds allocated to bolster infrastructure and execute comprehensive marketing campaigns, essential for maintaining operational efficiency and enhancing market visibility.
Potential Burn (10%): This segment is earmarked for potential token burns which may be executed to reduce the total supply, increasing scarcity and potential value.
XERIOS (13%): Allocated to the Web3 MMORPG extension of Muamma, XERIOS is set to intertwine gaming with the token, enhancing the user experience and value.
MDEX (8%): The Muamma Decentralized Exchange (MDEX) is an essential component of the ecosystem, facilitating seamless and secure on-chain transactions.
Question Creators (5%): A token allocation for those who contribute to the platform by creating valuable content. This incentivizes quality and engaging content creation.
Treasury (8%): Reserved for the treasury to ensure operational flexibility and fund future initiatives that align with the Muamma project’s goals.
NFT Airdrop (1%): Connected to the Muamma NFT collection, this allocation is designed to reward NFT holders and integrate with the Muamma App access mechanism.
Airdrop (4%): Aimed at promoting the project and engaging the community, airdrops are an effective tool for rewarding active community members and increasing token distribution.
In the following subsections, further details will be elaborated regarding the roles of 'Question Creators' and the strategic 'Potential Burn' process.
In the Muamma ecosystem, content is king, and the 'Question Creators' play a pivotal role. Initially, to mitigate inflationary pressures on the Muamma Token, the ERC-20 contract includes a mintQuestionCreator function designed for minting purposes. However, the approach to distribution is conservative and user-focused. Prior to minting new tokens, the already minted supply designated for the 'Question Creators' (5%) will be distributed. Only once this initial supply is depleted will the Muamma team utilize the mintQuestionCreator function to mint new tokens for creators. This measure ensures that the value of the Muamma Token remains stable by preventing unnecessary inflation and rewarding creators from the pre-existing token pool.
The 'Potential Burn' allocation is a testament to the Muamma team's commitment to a deflationary token model and a robust economy. Muamma Token is equipped with a strong burn mechanism to ensure its deflation over time. The allocation of 10% under 'Potential Burn' remains at the discretion of the Muamma team and will be utilized if deemed necessary to reduce the overall token supply. This mechanism is an essential tool for maintaining the token's value and scarcity. Alternatively, should the ecosystem's growth trajectories shift, the team may allocate these tokens to other critical areas such as further development of the XERIOS game or enhancements to the MDEX. The flexibility of the 'Potential Burn' allocation underscores the team's proactive stance in adjusting to the project's needs and the market's dynamics.
The tokenomics outlined here are the blueprint for a balanced and forward-thinking economy within the Muamma ecosystem. They reflect the commitment to rewarding contributions, ensuring liquidity, and supporting a sustainable and scalable project. As Muamma grows, these allocations may evolve to adapt to the community's needs and the project's ambitions.
