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HomeCOINSWhat Is Magic Elpis Gem (MEG) ? Complete Guide...

What Is Magic Elpis Gem (MEG) ? Complete Guide & Review About Magic Elpis Gem

What Is Magic Elpis Gem (MEG) ?

Magic Elpis Gem You enlist in Elpis Battle to explore the fantasy world and be instrumental to the in-game economy. All the players will contribute to the game ecosystem through various ways, reap the rewards, and freely trade the awards. Products of ZEGO Studio have served millions of users globally, making ZEGO one of the top game studios in SEA in terms of daily downloads. To achieve this milestone, ZEGO focuses on understanding its customers and meeting their demands. With such extensive experience, we firmly believe that we create a game that fulfills users’ needs and turns players into actual possessors of the game.

Magic Elpis Gem Storage Key Points

Coin BasicInformation
Coin NameMagic Elpis Gem
Short NameMEG
Circulating Supply12,717,570.44 MEG
Max SupplyN/A
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Vision

Pay-to-win or free-to-play are two common phrases that exist in the traditional game industry. Every year, gamers spend billions of dollars in in-game items and a considerable amount of time playing games, but they do not claim ownership of these assets. In the traditional game industry, in-game items belong to game publishers, who can repossess these assets anytime. Blockchain, cryptocurrency, and NFT provide a solution for the game industry. Game publishers could produce a game, but players are actual proprietors of it. A concept of play-to-earn is similar to an idea of proof-of-work. The work here comes from playing games and engaging in the game ecosystem, creating values for both players and the product itself. Therefore, the players deserve rewards for their contributions. We find that blockchain will disrupt the game industry in such a way as it did to the financial sector.

Mission

Elpis Team aims at not only creating an attractive game but:

  • Building Elpis Metaverse in which Elpis Battle is the first and foremost cornerstone. The Elpis Team will develop many new games to satisfy needs and desires of different target groups. Still, gameplay, NFT assets, and in-game currency of Elpis Battle are applicable.
  • Applying the first DAO governance model for the game industry to strictly bind stakeholders’ benefits: the development team, the investors, the players, and the community. Any important decision will be voted to come up with the best option for the community’s interest. Simultaneously, accumulated values of the ecosystem will be redistributed to all stakeholders.

Game Story

An ancient legend told about a battle among races on the Planet in thousands years ago. On that day, the battle caused the separation and division of continents where all races live. The continents were separated and aparted by a seal. The moment when the 8 planets lined up was the seal became the weakest. A mysterious nature took advantage to break the seal, causing 8 continents to be united and joined together. Now, all clans on the 8 continents realize that they are not the only race on the Planet. Then, what will happen?

Token Distribution

Team & Advisor: 25% – 6 months clif Linear vesting in 24 months.

Foundation: 12% – 6 months cliff. Linear vesting in 24 months.

Game Incentives/ Staking Reward: 37%

Marketing: 4% – Unlock 5% at TGE. Quarterly unlock in 36 months.

Operation Reserve: 10% – 12 months cliff. Linear vesting in 36 months.

Liquidity: 2%

Seed Sale: 2% – Linear vesting in 18 months.

Private Sale: 7% – Linear vesting in 12 months.

Public Sale: 1% – Unlock 40% at TGE, 30% vesting each months for 2 months.

Token Usage

$EBA is an original token of Elpis Battle, which can be used to activate some functions in Elpis Battle.

In addition, $EBA is an asset that represents the value of Elpis ecosystem through:

  • Yield Farming: $EBA is an incentive for early supporters to the ecosystem of Elpis Battle
  • Governance: Users who hold $EBA can vote for the direction development of Elpis Battle
  • Staking: Users who hold $EBA can receive profits from the revenue of Elpis Battle.