$MBET Token

The native token for all utility and development in the MetaBET ecosystem will be $MBET.

With a max supply of 100,000,000 $MBET, no more tokens can be minted.

Liquidity is locked until 30/07/22, with further locks to take place.

A re-work of the existing tokenomics for the P2E structure have gone through a review for commercial viability that would ensure a vibrant and an ever-evolving ecosystem. 100% of the house winnings go back to liquidity for community rewards (via single staking). As a result, the casino will charge a transaction fee of 1.5% for marketing and further development of the underlying environment.

The APY and percentage of house winnings for staking will be algorithmically determined and will factor in the following variables which will be fine-tuned over time:

· Total Revenue from house winnings

· The total weighted Stake for individuals (ie share of % of pool from house winnings)

This will ensure a financially stable ecosystem for staking, growth and development utilising profits rather then a set supply of $MBET tokens dedicated for staking.

Governance

Further to this, MetaBET will implement governance to the ecosystem utilising the native token, $MBET. Governance will be used to vote on such things, but not limited to; tournament types, games with additional features and further development of NFTs for the ecosystem.