Sustainability & Tokenomics
Last updated
Last updated
๐๐๐๐๐๐ผ Mystery Box system is designed to drive continuous engagement while maintaining a sustainable demand for $๐๐๐๐ผ. Each Mystery Box purchase directly contributes to the platformโs economy, ensuring a dynamic ecosystem where players continuously trade, compete, and collect NFTs.
The LUXA token is structurally designed to capture growing platform activity and turn it into long-term demand.
Each Mystery Box is priced at the in-game equivalent of $3, and can be purchased using $LUXA. Users may also buy in-game currency using $LUXA directly with discounted price, making it the core transactional asset across the platform.
Sweepstakes are paid in $LUXA, making claiming winnings for everyone around the world accessible.
High-value physical assetsโsuch as watches, tech, and luxury vehiclesโare sold through on-chain auctions, exclusively priced in $LUXA. To participate, users must hold the full amount of $LUXA they intend to bid, creating significant buy pressure as auction activity increases. This mechanic drives demand in concentrated waves, especially as rare and high-value items are introduced to the marketplace.
๐๐๐๐๐๐ผ introduces a natural staking mechanism through the free Sweepstakes system. Instead of requiring users to stake tokens manually, the game structure itself locks liquidity within the ecosystem:
Every Mystery Box purchase includes a sweepstakes entry funded by a portion of the proceeds, meaning that these funds are locked there for at least one week until someone wins them.
To ensure long-term sustainability and protect token value, we are introducing a robust anti-inflationary mechanism through strategic token buybacks and burns.
Apart from that every time a player buys an in-game token from the app with Solana, we create a reserve fund backed by Solana, which is used to stabilize the token price in times of volatility caused by external factors.
