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The Metaverse Tournament
Based on the competitive nature of skills, MetaElfLand’s combat system is well designed for Competitive Games and E-sports. We believe this is the key to the future growth, and we're going to spend a lot of energies to perfect this system.
The Metaverse Tournament
So The Metaverse Tournament (TMT), a Fair Arena, came into being. Comparing to TI, WSOP and the other well-known events, TMT has some of the same characteristics. As the number of participants increases, the prize pool will be more substantial. We estimate that each TMT champion will receive MetaElfLand tokens which are equivalent to about 50 ounces of gold.
Players buy TMT tickets or pay MetaElfLand tokens($MELT) for entry to the arena. The game starts on time according to the regulations. There is a requirement for a minimum number of players in the game. If it doesn’t reach the set number, the game is dismissed and players are given back their tickets or MetaElfLand tokens($MELT).
Players enter the TMT arena without carrying their own MetaElf, and use the MetaElves provided by TMT. The attribute value of each MetaElf is fixed.
The registration closes 5 minutes before the start of the game. Each of the two players forms in group to play against each other. The unpaired player goes straight to the next round. The game is not over until the last player win the championship in the final round.
Once the game starts, players enters the Ban/Pick interface. Based on the Ban/Pick strategy, players try to limit the other side’s lineup. To win the game, players form a lineup with superiority and impose restrictions on the other side.
80% of all ticket revenues goes to the prize pool; the left 20% is distributed as follows (Deflationary Model): 25% of it, is automatically converted into MetaElfLand tokens($MELT) which are burnt; 37.5% of it, is kept for system maintenance; 37.5% of it, goes into DeFi pool to increase liquidity and to be allocated to the "eco-fund”.
The winner will receive 80% of the prize pool (It is the initial percentage for the first tournament and will be slightly adjusted later.)
According to the number of participants, we set a range of rewards. The prizes, based on the established proportion, are given to the winning players. Players, in the range of rewards, are at least guaranteed to get a TMT ticket.