Strategic Initiatives

Multiverse

Scalability is one of the key attributes for NFT and metaverse. People can travel around several platforms with NFTs that they have in their digital wallets. So far, due to some barriers to development resources, most NFTs can be used on a platform on which the NFTs are generated. In this regard, Yooldo supports a developer-friendly environment to expand our platform's metaverse so that the platform can have more quality and interesting content for the users. In the meantime, Yooldo will assign several utilities to one NFT, which leads to scaling utilities of the platform NFTs.

New P2E Tokenomics, P&E

According to CoinGecko, $AXS reached to ATH with USD 10,485,977 as of 6 Nov 2021 while its token price surged to 1,649 times higher from its initial token price $0.1. As Axie Infinity had quickly taken the lead among a number of P2E games, most P2E games had followed tokenomics of Axie Infinity. These project's token value had skyrocketed in the early stage of token launch though the value had tended to decline with a decrease in the number of new users.

Thus, Yooldo aims to grow out of these cases that token value falls when new users do not purchase existing users' tokens. And these structure will apply to all games on Yooldo. For example, Yooldo’s first game ‘Trouble Punk: Cyber Galz’ adopts a deflationary token economy structure on its reward token economy. A circulating supply of its reward token is restricted, thereby despite increase in the users and TROB reward token distribution as per the result of the game, token inflation would not occur in its reward token economy. Yooldo platform is driven by multi-token system which consists of YOOL tokens and the platform's game tokens. The platform will strive to attract new users to the platform while it prevents risks of token value drops caused by lack of new users acquiring the tokens on the market.

Governance

Besides the P2E game and content platform, Yooldo platform will own governance of its multiverse. Thus, $YOOL holders will be able to vote on new features/parameters of Yooldo platform, and get rewarded for their active engagement with the platform. The incentive pool will include a portion of in-game fees, marketplace fees and NFT sales etc.