All about FallacyVerse Ecosystem

Published on: 22.03.2022

FallacyVerse is a 3D Open-World User Owned Metaverse being built on Harmony ONE and Fantom.

What makes the FallacyVerse Unique?

It will consist of User Owned Yield Generating Lands across both Chains. [FTM & ONE]
User Owned Lands can also be sold on Secondary Marketplaces as ERC-721 Tokens.
Users will be able to build a structure of their choice on their owned piece of land in the FallacyVerse.
Users can also Earn Yield on their Land in the form of native Fallacy ERC-20 token.
Users can upgrade their land by either utilizing the earned tokens or buying the Fallacy native Token from DeXes.
Tokens utilized for upgradation of land will be burned.

Land Sales

FallacyVerse will consist of Yield-Generating plots which can be further upgraded by the owner in terms of both Looks and Yield.

Land Sales will take place on Harmony ONE and Fantom simultaneously with equal number of plots on both chains [No. of Plots/Chain = TBA]

Features

An editor similar to Minecraft can be utilized by the owner to build on their owned land.
Ability to showcase user’s owned NFTs or can be utilized as an art-gallery by each individual owner.
Users will be able to present their uniquely created content along with sharing socials, URLs, MP3 Playlist QR codes and advertising their brands or themselves.
Multiplayer support to enjoy the Various Easter Egg Hunts and Quests for Exclusive Rewards with other Fellow Degens within FallacyVerse.

Token and its use cases

Tokenomics will majorly depend on the following factors such Supply, Net Issuance/Day, Distribution, Unlock Schedule, Demand (Growth Drivers, Holders incentives, Adoption), Staking, Lockups.

Token-holding incentives for Holders.

Maintaining total supply and inflow of tokens as many projects fall victims to a bad Tokenomics. Like extremely high initial token yield to owners which ends up in massive dumping of token by whales in later stages.