The White Paper of Yuliverse
  • Overview
  • Introduction
  • Pain Points and Solutions
  • Why Location Based Content?
    • New Direction and Go to Market
    • Partner Integrations
    • Go to Market
  • Socialfi Features - Mechanisms
    • Exploring Local Community through Town Square
    • Map Based Exploration
    • Check-in Rewards
    • Guides and Tours
    • Profile and Customization
    • AI Features - Smart Recommendation
  • Data Privacy and Protection
  • Yuliverse Guide
  • YuliGO Guide
  • NFT and Gameplay Guide
    • Yuli 1.0 NFTs
    • Yuli 2.0 NFT Reincarnation
    • OG404 NFT
    • Mystery Box System
  • Tokenomics
    • Utility of $YULI Token
  • Vesting Summary
  • Team
  • Partners
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  1. Tokenomics

Utility of $YULI Token

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Last updated 3 months ago

First with regards to core gameplay. The major usages required are NFT Rebirth Requirement, NFT Breeding Requirement, NFT Upgrade Requirement. In the future the in-game marketplace can be traded using ART. Future PvE and PvP battle modes will involve an YULI consumption and wager system for card battle system. In addition, we plan on introducing YULI as an option for future socialfi features for content creation, curation and sharing.

Secondly YULI will be used to incentivize content creation in our socialfi features. Content creators, users and curators will be able to earn YULI by contributing to the social network. YULI will also be used to promote and incentive advertisement or onchain campaigns.

Our economic system is designed to be real, decentralized, and focused on the long term. The team is not primarily rewarded through the sale of in-game items or VIP services. Instead, we build a metaverse for everyone, where virtual assets belong to the players and can be obtained and traded freely.

Key aspects of our tokenomics include:

  • Decentralization: Virtual assets are player-owned and freely tradable, ensuring true ownership and economic freedom.

  • Sustainable Economy: Part of the transaction fees consumed in the game will be burned, reducing the overall supply. Another portion will enter the community fund pool, which is used and redistributed according to community conventions.

  • Community Focus: The community fund pool supports ongoing development and community-driven initiatives, ensuring that the ecosystem remains vibrant and sustainable.

Figure 1. YULI Value flow for Yuliverse and YuliGO platforms

Yuliverse's tokenomics are designed to create a fair and engaging economic environment, rewarding players for their active participation and contributions to the platform. Early adopters to the ecosystem are rewarded by their NFTs and high level characters through a POS-like system where the players can receive play to earn benefits such as YULI emissions. Users of our Social content platform will be incentivized to participate in the network through posting, curating and sharing content in a PoW-like system. In addition, we also plan to use YULI as a means of merchant settlement to further enhance it’s utility and buy pressure once that side of the platform scales up. $YULI Token Distribution Summary