MEEET is an innovative blockchain-based game platform that combines social networking, entertainment, and blockchain technology to create a vibrant and engaging community. In this guide, we will provide an overview of the MEEET platform, including its features, tokenomics, and earning mechanics.
Overview of MEEET
MEEET is a social relationship-based blockchain game platform that aims to combine entertainment, social networking, and blockchain technology to create a vibrant community with scalability and engagement. The MEEET protocol is a developmental social network graph that serves the games industry vertically, allowing any application to plug into it. The platform's governance token is MMT, which enables token holders to participate in the decision-making process for the platform's development.
MEEET offers a Web3 Farm Game with inbuilt Game-Fi and Social-Fi elements, where players can complete tasks using NFT farmers. The tasks involve planting, harvesting, feeding animals, processing products in factories, and selling products to earn currency. The earned currency can either be used in-game or cashed out for profit. Players can also form guilds with their friends to complete tasks faster and earn tokens more easily.
Tokenomics of MEEET
MEEET has two tokens: MST and MMT. MST is earned by completing tasks and can be used to buy NFT farmers and other in-game items. MMT is a governance token that is minted at the Token Generation Event (TGE) and can be earned by leveling up farmers to level 30 and meeting certain requirements. MMT can be burned to upgrade equipment, mint all farmer qualities, and increase daily earning cap, among other things.
Earning Mechanics of MEEET
MEEET has various systems, including an inventory system, notification system, and activation code system. Users can also stake MMT for various benefits, including increased processing speed and warehouse capacity.
The platform also has a Daily Strength Cap and Daily Token Cap to restrict the amount of Strength and tokens that users can have per day. Users can increase their Strength and Daily Token Cap by leveling up their Farmers and inviting new users who buy a Farmer.
The factors that affect MST Earnings include Total Strength, Farmer attributes, quality and level, the number and strength of invited friends, equipment type, level and inserted socket quality, NFT badges, speed of completing tasks, and other system values.
Farmer Attributes
MEEET farmers have five attributes: Profit, Luck, Wisdom, Hunger, and Speed. Profit plays a part in MST earnings. Having a higher Profit Attribute will result in better MST earnings per Strength spent. Luck determines the quality of a Mystery Box drop. Wisdom affects MMT Earning (in the future) and reduced old's depletion speed. Hunger affects the decay rate of Durability. Higher Hunger will result in a slower Durability decay.
Farmer Quality and Leveling Up
There are five Farmer qualities, and when a Farmer is minted, the value of each Attribute will be chosen at random within the min. and max. values according to Farmer quality. As such, even Farmers of the same quality may have vastly different Attribute distributions. Farmers can be leveled up by completing tasks. As a Farmer levels up, its Attributes, Profit, and Repair cost increase. The amount of XP required to level up also increases.
Equipment and Socket
Equipment can be obtained from Mystery Boxes, and Socket is a bonus attribute that can be obtained by inserting Socket Stones into the Socket Slots of Equipment. Socket Stones can be obtained from Mystery Boxes and exchanged for other Socket Stones.
MEEET is an interesting and innovative platform that combines social networking, gaming, and blockchain technology to create a unique user experience. With its various systems, tokenomics, and earning potential, MEEET has the potential to attract a large user base and become a popular destination for gamers, creators, and social media enthusiasts. However, like any new platform, MEEET also faces challenges and uncertainties, such as competition from established social media and gaming platforms, regulatory hurdles, and the volatility of the cryptocurrency market.
Overall, the success of MEEET will depend on several factors, including its ability to attract and retain users, build a vibrant community, and offer compelling incentives for users to participate and engage with the platform. With its unique blend of social networking, gaming, and blockchain technology, MEEET is certainly a platform to watch in the coming years.
