NFT Worlds Provides Updated $WRLD Tokenomics

NFT Worlds Provides Updated $WRLD Tokenomics

NFT Worlds tweeted out a 23-page document on Friday that outlined the updates to the tokenomics of $WRLD 2.0. $WRLD is the fixed supply, the in-game currency to power the NFT Worlds ecosystem. The updates to $WRLD 2.0 focused on token stability, player economics, scalable token sinks, and game theory. 

$WRLD 2.0 plans to standardize the core economy of the game by using proven gameplay mechanics and equipping in-game builders with more options to be able to circulate the token within the ecosystem. The team plans to provide player-friendly tools to create, making it easier for holders to build, sell and trade items within the game through custom visuals.

NFT Worlds will support a FIAT-$WRLD onramp, making it easier for new players to get involved. Players will be able to purchase $WRLD directly with credit cards through a Moonpay integration. Creators will be incentivized to attract and retain new players through quality content and experiences.

The token supply allocations will be restructured based on the new ecosystem's intricacies. The primary change is that play-to-earn rewards have been reduced from 50% to 28% in the allocation, with the 22% being split between the incentives for $LP-WRLD staking and centralized exchange liquidity.

More about NFT Worlds

NFT Worlds is a fully decentralized 3D voxel-based metaverse NFT project comprised of 10,000 unique NFT worlds, originally using Minecraft and its open source ecosystem before NFTs were deplatformed from Minecraft. The metaverse has play to earn mechanics using the $WRLD token and allows owners to create their own limitless metaverse games or experiences for players or exclusive communities within their worlds. Additionally, world owners can stake their world and while staked make it available for rent. Owners set their monthly price to rent their staked NFT World in $WRLD token.

At the time of publish, the NFT Worlds floor price sits at 0.62 ETH, and has stayed relatively flat over the past 24 hours on 1 ETH volume of transactions. Over the last 30 days, 16 sharp wallets have sold 18 NFTs and 7 sharp wallets have bought 7 NFTs in the NFT Worlds collection. Catch up on other recent NFT Worlds news here.

Recent NFT Worlds Sales

#168sold at 12/09 2:12am for
0.660
#9436sold at 12/09 2:12am for
0.660
#644sold at 12/08 11:12pm for
0.669
#4520sold at 12/08 4:12pm for
0.790
#508sold at 12/07 10:12pm for
0.975

Recent NFT Worlds Listings

#168listed at 12/09 2:12am for
0.835
#168listed at 12/09 2:12am for
0.835
#9436listed at 12/09 2:12am for
0.839
#9436listed at 12/09 2:12am for
0.839
#6671listed at 12/09 1:12am for
0.836
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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