💿The #VRSE & #Verse Token

Overview

VRSE is an ERC-20 utility token that can be used to purchase products, assets, NFTs, services, etc. in the MatterCity. The #VRSE token can be earned through a variety of in-game activities, trading & events and follows an inflationary model commonly seen with GameFi Tokens.

Token Symbol: VRSE
Token Decimals: 0
Total Supply: unlimited
Utilities: spending and earning

The #VRSE & #Verse Exchange

#Verse is the in-game centralized version of #VRSE to ensure gameplay smoothness and efficiency. It will be Pegged 1:1 to #VRSE and exchangeable within Matterverse platforms after #VRSE IDO.

How to Earn #Verse:

All players start with a small amount of #Verse to get them started and can earn #Verse through playing, exploring & trading within Matterverse

1. First Party GameFi & X-to-Earn Experiences:

   • Explore-To-Earn: explore the open world & collect hidden collectibles to earn rewards and #Verse

   • Daily Mini-Games: complete certain minigames and tasks to earn #Verse

   • World Events: Participate in game-wide events with friends and strangers to earn #Verse based on your performance

2. Creator Contents & Branded Content Drops

   • Join & Play 3rd Party content to earn #Verse within their rule sets

   • Complete tasks & games with brand-sponsored content to earn NFT, real-world rewards & #Verse

3. Trading NFTs & #MATT

   • You can trade your Matterverse NFT items, such as your equipment & wearables for #Verse, or sell your #MATT or other public Token for #Verse

How to Use #Verse

As the native in-game currency in MatterCity, #Verse helps to facilitate most of the transactions, either spending or earning.

• Means of Exchange For Features & Products: you need to spend #Verse tokens for many purposes in the metaverse, including purchasing special avatar skins, quick travel, mailing virtual gifts, or even hosting events. It will also be integrated into any future use cases provided by Matterverse.

• Means of Entry For Community GameFi & Content: You can join community-created content such as a game, a museum or a concert with #Verse as your ticket. Your ticket will reward content creator directly and help setup a prize pool for certain experiences where you can earn #Verse back by playing well.