MetaCene: Pioneering the Future of Web3 MMORPGs with Player-Driven Governance

SUMMARY

MetaCene, a next-generation blockchain MMORPG, is set to redefine gaming with its innovative player-centric approach and governance token, MAK.
The platform, led by former Shanda Games CEO Alan Tan, is launching on Bybit Launchpad with 5,000,000 MAK tokens available for distribution, marking a significant milestone.
With its integration of Web3 principles and community-driven governance, MetaCene aims to become a leading force in the future of Web3 gaming.

MetaCene is situating itself as the next-generation blockchain MMORPG, aiming to become a leading platform for gamers around the world. Serving as a meta-MMO platform, MetaCene allows users to engage, govern, and create, encapsulating the vision of “Co-Entertainment, Co-Creation, and Co-Governance.” The platform presents the governance token, MAK, enabling players to shape their virtual world. With its founders associated to industry mammoths like Shanda Games, Blizzard, and Perfect World, MetaCene aims to redefine MMO games by leveraging blockchain innovation to construct a new virtual society centered on collaboration, communication, and competition. The official game version is set to launch in 2024, accessible over PC, mobile, and cloud platforms, promising an immersive gaming experience.

MetaCene’s advancement follows a structured approach with three center stages: Genesis of Fire, Realm of Apocalypse, and Spirit of All Things. These stages aim to make a flourishing on-chain ecosystem where players, creators, and Web3 devotees can converge. The stage integrates Web3 standards by inserting game logic and code into smart contracts, guaranteeing consistent interaction and interoperability of fungible and non-fungible tokens (FTs and NFTs) inside the game. Key resources such as mining machines, weapons, equipment, land, and real estate are represented as NFT resources, emphasizing MetaCene’s commitment to maintaining a steady game economy through adjusted output, utilization, and circulation of resources alongside game utilization and governance tokens.

Alan Tan, former CEO and co-founder of Shanda Games leads the MetaCene venture. His broad involvement in the gaming industry, including the creation of notorious IP products like The Legend of MIR and Dragon Nest, positions him as a key figure in MetaCene’s development. After his fruitful tenure at Shanda Games, Tan established Fenghou Capital, an early-stage fund in China that invested in companies across the gaming industry, including partnerships with companies like ThinkingData Tech, Alchemy, and 91ACT. His move into Web3 through MetaCene reflects his vision to harness blockchain innovation to birth a new gaming ecosystem.

The Tokenomics structure of MetaCene is backed by two primary tokens: $MUD and $MAK. $MUD, the in-game token, serves as the fundamental fungible token (FT) resource with a boundless supply, acting as the game’s utility token and settlement currency. $MAK, the governance token, has a total circulation of $1 billion, allocated as follows: 36% to the community and marketing, 24% to fundraising, 20% to the team, 16% to ecology, and 4% to advisors. It is fundamental for intermediate and advanced players, offering utilities like staking, DAO governance, and access to progressed in-game content. MetaCene has a comprehensive buyback arrangement for $MAK, allocating 30% of its revenue to guarantee long-term token stability. Revenue streams include platform revenue from NFT marketplaces, decentralized exchanges (DEX), and game-related income from resource utilization and in-game store sales.

A significant point of reference for MetaCene is its launch on Bybit Launchpad, with 5,000,000 MAK tokens allocated for distribution for 1 MAK token = $0.06 USDT. ( MNT pool: 2,500,000 MAK (Cap per subscriber: 5,000 MAK)), ( USDT lottery: 2,500,000 MAK (Allocation per user: 250 MAK, winning tickets:10,000)). The subscription process is separated into snapshot, subscription, and distribution periods. The Snapshot Period runs from August 31 to September 4, 2024. To take part, users require a daily average balance of at minimum 50 MNT for token subscriptions and 100 USDT for the lottery, with more trading activity earning extra Lottery Tickets. The Subscription Period is set for September 5, 2024, from 3:30 AM to 10:59 AM UTC, with the final token distribution happening later that day.

MetaCene’s community-driven governance model, encouraged through Decentralized Autonomous Organizations (DAOs), challenges conventional game company monopolies by enabling players to vote for in-game representatives or agency organizations, giving them authority over basic capacities like taxation and asset management. This approach improves player engagement and advances a sense of proprietorship and obligation within the community.

Despite its innovative approach, MetaCene faces challenges, including the instability of the crypto market and the risks related with blockchain technology. The platform’s success will generally depend on its capacity to pull in and retain a huge user base, continuously enhance, and keep up economic stability. The integration of Web3 standards and the focus on community-driven governance are promising, but they require cautious execution to dodge potential pitfalls.

MetaCene represents a striking step forward in the advancement of MMORPGs, combining blockchain innovation with a player-centric approach to create a new era of gaming. With a solid leadership team, a well-structured economic model, and a clear vision for the future, MetaCene has the potential to become a reference point for the future of Web3 gaming.