Tokenomics is pivotal for the success of Web3 games like XOCIETY, as it directly influences economic stability, player trust, and long-term viability. XOCIETY's tokenomics framework incorporates a dual-token system (NTx and $MCT), designed to balance in-game utility, economic sustainability, and player incentives. While the model shows promise in terms of player engagement and economic design, it faces challenges such as speculative token utility, inflationary pressures, and limited transparency in certain areas.
The dual-token system (NTx and $MCT) provides a balanced approach to in-game rewards and long-term utility, with NTx serving as the primary in-game currency and $MCT offering governance rights and recurring revenue.
Token utility is criticized for being speculative, with limited integration into core gameplay, potentially leading to volatility and reduced player trust.
Inflationary pressures from the staking system, which offers up to 80% boosts, raise concerns about token devaluation and long-term economic sustainability.
The use of the Sui blockchain enhances scalability and transaction efficiency, but concerns over gas fees and latency during peak periods suggest potential scalability challenges.
Transparency issues in token allocation and vesting schedules for the team and investors pose risks to decentralization and stakeholder alignment.
Completeness
The research on XOCIETY's tokenomics framework provides a thorough analysis of its dual-token system and blockchain infrastructure, but critical gaps remain in key areas. The lack of detailed information on token unlock schedules, team and investor allocations, and security audits limits the ability to fully assess the framework's robustness and fairness.
The token unlock schedule, particularly for team and investor allocations, needs detailed documentation to ensure transparency and adaptability.
Further information on the vesting schedules for the team and early investors is necessary to assess their alignment with long-term project success.
A comprehensive security audit of the smart contracts and wallet infrastructure would provide greater confidence in the system's robustness and player protection.
