Token Model: Shrapnel employs a single-token model with SHRAP, which is well-implemented but lacks the innovation of a multi-token system. It has clear roles and is integrated with gameplay, fitting the 'Good' category.
Earning Mechanics: The game offers multiple ways to earn SHRAP tokens through gameplay, content creation, and governance participation. These earning opportunities are generally balanced and fair, aligning with the 'Good' category.
Utility: SHRAP has a good range of in-game utilities, including marketplace transactions, governance, and content creation fees. This enhances the gameplay experience and fits the 'Good' category.
Economic Design: The economic model includes a non-linear token unlock schedule, a community rewards pool, and governance mechanisms to ensure stability. These measures are solid but not exceptional, placing this in the 'Good' category.
Player Experience: The token model provides a good balance between new player onboarding and experienced player engagement, fitting the 'Good' category.
Competitiveness: While SHRAP has some unique aspects, such as its role in governance and content creation, it does not significantly differentiate itself from competitors, aligning with the 'Good' category.
Introduction
Tokenomics plays a crucial role in the success of Web3 games, as it underpins the game economy, player engagement, and long-term sustainability.
Shrapnel's token model, centered around the SHRAP token, is designed to support a robust play-to-earn ecosystem while fostering player engagement and economic stability.
This report will cover:
The fundamental characteristics of the SHRAP token and its role in Shrapnel's economy.
[1a]
The mechanisms through which players can earn SHRAP tokens and its utility in the game.
[1b]
The economic design and measures in place to ensure long-term sustainability and fairness.
[1c]
Fundamental Characteristics of SHRAP
Shrapnel employs a single-token model with SHRAP as the primary ERC-20 token deployed on Avalanche, ensuring a fixed supply and robust economic structure.
[1a]The token's distribution is carefully planned, with significant allocations for community rewards, team and advisors, and ecosystem development.
[1b]Key aspects of SHRAP's design include:
A maximum supply of 3 billion tokens, ensuring scarcity and potential value appreciation over time.
[1f]
A non-linear unlock schedule to prevent market flooding, with tokens unlocking over a 60-month period.
[2a]
A dedicated community rewards pool (33%) to incentivize player participation and content creation.
[1b]
Earning Mechanisms for SHRAP
Players can earn SHRAP tokens through various activities, including gameplay, content creation, and participation in the ecosystem.
[1h]The play-to-earn model is designed to reward players for their contributions, ensuring a fair distribution of tokens based on merit.
[1b]Key earning mechanisms include:
Completing missions and achieving in-game milestones, which reward players with SHRAP tokens.
[1h]
Creating and submitting user-generated content, such as maps and vanity items, which can earn rewards based on popularity.
[1h]
Participating in governance and promotional activities, such as voting on content and promoting maps, which can also yield SHRAP rewards.
[1h]
Utility and Player Engagement
SHRAP serves multiple functions within the Shrapnel ecosystem, enhancing player engagement and providing tangible value.
[1b]Its utility extends beyond in-game purchases, playing a critical role in governance, content creation, and marketplace transactions.
[1b]Key utility functions include:
Acting as the default currency in the Shrapnel marketplace, facilitating the trade of in-game assets and user-generated content.
[1o]
Enabling governance participation, allowing token holders to vote on platform decisions and content approval.
[1p]
Paying fees for minting player-created content, such as maps, skins, and vanity items, which can then be traded or sold.
[1q]
Economic Design and Sustainability
Shrapnel's tokenomics are designed to ensure long-term sustainability by balancing token distribution, utility, and player incentives.
[1b]The model incorporates mechanisms to prevent exploitation and inflation, ensuring a stable and fair economy for all participants.
[2a]Key sustainability features include:
A non-linear token unlock schedule that prevents market flooding by gradually releasing tokens over a 60-month period.
[2a]
A robust community rewards pool (33%) to incentivize ongoing player participation and content creation.
[1b]
Governance mechanisms that allow token holders to vote on key decisions, fostering a sense of ownership and long-term commitment.
[1p]
Conclusion
Shrapnel's token model effectively supports its play-to-earn ecosystem, enhancing player engagement and ensuring long-term sustainability through a well-designed economic structure.
The SHRAP token, with its fixed supply, diverse utility, and fair distribution mechanisms, stands out in the competitive Web3 gaming landscape.
Key aspects of the model include:
A single-token model with a fixed supply of 3 billion SHRAP tokens, ensuring scarcity and value appreciation.
[1f]
Diverse earning mechanisms that reward players for gameplay, content creation, and community participation.
[1h]
Robust governance and economic design features that prevent exploitation and ensure long-term stability.
[2a]
