Transaction Fees

Benefits of MemeLordz from Transactions

The economic model of MemeLordz is designed to ensure the sustainability and growth of the ecosystem. MemeLordz benefits from various types of transactions within the game, including the purchase or sale of Lordz Tokens, minting new Lordz, and in-game transactions. These benefits contribute to the development and enhancement of the game, ensuring a robust and engaging experience for players.

Transaction Benefits

1. Purchase or Sale of Lordz Tokens:

• Transaction Tax: MemeLordz applies a 2% tax on every purchase or sale of Lordz Tokens.

  • Liquidity (1%): A portion of the tax is allocated to liquidity pools, ensuring sufficient liquidity and stability for Lordz Tokens in the market. This helps maintain token value and facilitates smooth trading.

  • Marketing (0.5%): A portion is dedicated to marketing efforts, promoting the game, attracting new players, and increasing overall awareness of MemeLordz.

  • Treasury (0.5%): The remaining portion is added to the project treasury, funding ongoing development, operational costs, and strategic initiatives.

2. Minting New Lordz:

• Minting Fees: Players pay a fee in Lordz Tokens to mint new Lordz.

  • Development Funding: Minting fees contribute directly to the development fund, allowing continuous improvements, new features, and expansions within the game.

  • Economic Stability: By regulating the minting process and fees, MemeLordz ensures a balanced and stable in-game economy, preventing inflation and maintaining the value of minted Lordz.

3. In-Game Transactions:

• Item and Membership Purchases: Players use Lordz Tokens to purchase in-game items, equipment, memberships, and other elements.

  • Revenue Generation: These purchases generate revenue that is reinvested into the game, supporting the creation of new content, features, and gameplay enhancements.

  • Enhanced Player Experience: The revenue supports the development of exclusive content and resources, enriching the overall player experience.

• Special Event Participation: Entry fees for special events and tournaments are paid in Lordz Tokens.

  • Event Funding: Fees collected from events are used to organize and host more events, providing ongoing entertainment and engagement for players.

  • Prize Pools: Part of the fees may be allocated to prize pools, offering substantial rewards to participants and incentivizing active participation.

• Peer-to-Peer (P2P) Transactions: Players trade items, equipment, and Lordz using Lordz Tokens.

  • Marketplace Fees: A small fee is charged on each P2P transaction, generating additional revenue for the game.

  • Facilitation of Trade: These fees help maintain and improve the P2P trading platform, ensuring secure and efficient transactions.

Flowchart

                     MemeLordz Transactions
                             │
                             ▼
             ┌───────────────────────────────┐
             │ Purchase/Sell Lordz Tokens    │
             └───────────────────────────────┘
                             │
                             ▼
                        2% Tax Applied
                             │
                             ▼
 ┌─────────────┬──────────────┬──────────────┐
 │             │              │              │
 ▼             ▼              ▼              ▼
1% to Liquidity 0.5% to Marketing 0.5% to Treasury

                             │
                             ▼
              ┌───────────────────────────────┐
              │     Minting New Lordz         │
              └───────────────────────────────┘
                             │
                             ▼
                      Minting Fees
                             │
                             ▼
 ┌─────────────┬──────────────┐
 │             │              │
 ▼             ▼              ▼
Development Funding  Economic Stability

                             │
                             ▼
              ┌───────────────────────────────┐
              │    In-Game Transactions       │
              └───────────────────────────────┘
                             │
                             ▼
 ┌─────────────┬──────────────┬───────────────┐
 │             │              │               │
 ▼             ▼              ▼               ▼
Item and       Special Event  P2P Transactions
Memberships    Participation
                             │
                             ▼
 ┌─────────────┬──────────────┬───────────────┐
 │             │              │               │
 ▼             ▼              ▼               ▼
Revenue        Event Funding  Marketplace Fees
Generation                    (to improve trading platform)

MemeLordz benefits significantly from various types of transactions within the game, including the purchase and sale of Lordz Tokens, minting new Lordz, and in-game transactions. These benefits are strategically allocated to support liquidity, marketing, development, and event funding, ensuring a sustainable and thriving ecosystem. By reinvesting transaction revenue into the game, MemeLordz can continually enhance the player experience, introduce new features, and maintain a balanced and engaging in-game economy.