๐ Economic Cycle Clock
There are two main objectives for introducing the above mechanism:
โ Rewards players who interact in MetaElfLand, while incentivize them to trade with tokens, thus create an internal circular economy and build a dynamically self-adjusting economic system. ( Refer to the Merrill Lynch Investment Clock below )
โ Decentralizes ownership and governance of MetaElfLand.
By monitoring and studying the life cycle of most projects and incorporating that to our own, we are able to determine the cycle we can expect with the economy. By knowing the cause and effect of the four (4) stages of the Merrill Lynch Investment Clock of MetaElfLand, we are able to determine the course of action needed to be implemented, when the economy of MetaElfLand reaches the certain stages, which needs to be implemented on the right time, otherwise the effectivity of action will not be as effective as it is theorized.
Last updated
