MONCO Policy

As a token in Giant Monster War issued on the WEMIX platform, Monco can be acquired by exchanging resources in the game. The value of the Monco is maintained by the value of the derivative resources in the game.

MONCO Issuance and Usage Plan

• • Total Quantity Issued: 1,000,000,000 Monco
• • Usage Plan of the Monco

MONCO – Exchange Gold for Monco

• • Players of Giant Monster War can exchange Gold for Monco through the in-game exchange. The Gold can be mined in the mining spots in the game.
• • Exchange Formula:

  

• • Gold Required for Exchanging Monco:

  Basic Exchange Cost of 1 Monco * Cumulative Gold Collection Conversion Value + Sum of the Transaction Fees.

• • The transaction fee is equal to 25% of the basic exchange cost (250,000 Gold). Upgrade the Market to get transaction fee discounts.
• • Players need at least 5,000,000 Gold to exchange for Monco.
• • Up to 1 million Monco can be exchanged every day. A player can exchange up to 100 Monco per day.

Monco – Exchange Monco for Gold

• • Players can exchange their Monco for Gold in the in-game exchange at any time.
• • When exchanging Monco for Gold, no transaction fee will be charged.

MONCO Characteristics

• • Utility Token

  - Monco is a utility token that can be exchanged for Gold, an important resource in Giant Monster War.

• • Mobility Currency

  - As a tradable mobile token based on blockchain technologies, Monco can be purchased or exchanged. It is not bound by game servers, game world, or the game and reality barrier.

• • Clear Intrinsic Value

  - Monco is used for exchanging an essential resource called Gold in the game, granting it an objective intrinsic value.

• • Sustaining Real Value

  - In the game, the regeneration of Gold will be optimized based on the player activity in various zones of the server. The actual value of Monco will be monitored through the zone activity level so the impact of the inflation caused by time on the token’s base value (1,000,000 Gold) and the development of the game will be minimized.

• • Sustainable Gold Circulation

  - To motivate the players, a collection activity level is set for every player. When the activity level is kept above a certain value, the Gold collection efficiency will be increased. The activity level will drop when collecting Gold. Recover the collection activity level by consuming Gold in the game (train troops & research techs). Sustainable Gold circulation is achieved by the Collection and Consumption actions mentioned above.

• • Investment Value
  • - The total quantity issued and daily exchange limit for Monco is fixed to ensure the stability of its value. With the dividends that increase daily, players will receive bonus Gold, creating a stable profit. With the stable value and profit, Monco’s investment value is increased.
  • - As the game develops and as new servers open, the need for Gold is expected to increase.