Tokenomics

This section has been presented ahead of the gameplay features to provide a general introduction to the blockchain aspects that will be implemented in Ukiyo. Each gameplay component incorporating blockchain elements will have its own section within the whitepaper, offering further detail on how these elements will apply.

Preface: The lack of utility is one of the key concerns affecting the long-term viability of blockchain games. Moreover, games that are solely built to create a play-to-earn economy without focusing on playability may struggle to retain player interest once early investors start withdrawing funds.

MMORPGs are inherently designed for long-term playability, provided the game continues to evolve and implement new features. Ukiyo's core ethos is to explore different approaches to address the typical sustainability challenges faced by blockchain games.

Our Solution Comprises

  1. A comprehensive approach to in-game blockchain integration, with our native tokens serving as the key mechanism to unlock numerous additional game features, achieved by integrating token utility into fundamental gaming mechanics.

  2. Ensuring that the value derived from retaining tokens outweighs the motivation to withdraw and convert to fiat. Certain in-game milestones can only be attained by utilising (burning) the acquired tokens. Consequently, players who withdraw tokens early on will be unable to progress through these hoops and experience various in-game features.

  3. Adding a minimum level threshold for players to be able to withdraw Ukiyo Tokens from the game. This creates a cohesive ecosystem where players must first generate value and properly experience the game before extracting profits.

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