Metaegg
Welcome to Metaegg Metaverse Project's Official Whitepaper, last updated March 2021
Metaegg working on web3 through NFT, Gaming, Entertainment, and DeFi. $MDEFI is a token made to support what’s next, controlled, and built on by the community. It will serve as a decentralized protocol layer for community-led initiatives that drive culture forward into the Metaverse Gaming & Lifestyle app project with inbuilt Game-Fi, Fit-Fi, and Social-Fi elements in one place. we are focusing on essential daily activities we all do in our life.
We are the first project to effectively bring together the Play, Breed & Move to earn concept. Users equip themselves with NFTs. By playing, walking, jogging, or running within metaverse or gaming architecture, users will earn game currency, which can either be used in-game or cashed out for profit. With Game-Fi & Fit-Fi Metaegg aims to nudge millions toward a safer, healthier engaging lifestyle, combat climate change and connect the public to Web 3.0, all while simultaneously hinging on its Social-Fi aspect to build a long-lasting platform governed by its users.
Note: METAEGG is currently under Alpha Phase, so contents in the Whitepaper could be changed in the future.
Metaegg Project is an ecosystem of services designed for the Metaverse & Games powered by cress Blockchain. With Metaegg, users will live new experiences and generate great residual rewards.
Metaegg Project members have many ways to generate a passive income( Games Currency). From burning NFTs to playing games or walking, and staking, there are many ways to collect rewards in Metaegg's ecosystem.
The ecosystem has different NFT collections with totally innovative utilities. It includes an NFT Marketplace to create and sell your work. A metaverse, where you can access the real-world places -where most of the famous places are located. In addition, the MDEFI Tokens maintain the economy, allowing us to purchase goods, trade, and generate passive token incomes.
The virtual world of your dreams. Imagine creating your own brand from scratch. Metaegg is building a fully real and decentralized 3D world for its Avatars to have fun, explore, socialize, earn, innovate, sell, buy and create with no limits.

DeFi

$MDEFI is a revolutionary project introducing a pure BNB reflective mechanism with an auto-claim feature, dynamic dividends, and taxation fully controlled by the community, empowering holders to become BNB-wealthy forever.
Holders will be able to vote to raise or lower the taxation/dividends and/or burn rates to take advantage of the pool goals, market sentiment, or other events.

How Does the Project Generate More BNB Rewards?

$MDEFI combines powerful trading mechanisms and DeFi protocols to produce BNB rewards aggressively and consistently. The production of BNB dividends is powered by various innovative strategies, including staking-lending, Internal Auto Trading Systems, and DEX Transactions.
The BNB production also stems from DEX and CEX pairing transactions on top-tier exchanges such as Binance, Gate.io, KuCoin, and many more. Additionally, crypto and DeFi investors on the multi-functional platform receive aggressive BNB dividends from the project’s promotion on multiple social media platforms.

Eligibility

Must hold at least 10k $MDEFI in their wallet to be able to vote and earn BNBs. Simply need to connect their wallets to purchase and HODL to get more BNB dividends every single hour, forever.

SMART MECHANISM

💰2x Passive Income - Reward Reflection Model (2xRRM) The project boasts a unique 2x reward reflection model that guarantees holders passive income in”,0”MDEFI/BNB every time $MDEFI coins are bought, sold, or transferred (Must have 10K $MDEFI to be eligible for rewards).
Earn the native token of the chain (e.g. BNB) and more $MDEFI at the same time.
🧠 Intelligent Staking - Non-custodial Auto Staking: You have full control of your $MDEFI the whole time. Just buy, hodl and earn. It’s as simple as that.
You decide when and how long you want to hodl (stake) since we do not take position of it.
✅ NO MIN LOCKUP ✅ NO PENALTIES ✅ NO COOLING PERIOD
$MDEFI & BNB returns are automatically sent to token holders’ wallets as long as they keep the min. Amount of 10K $MDEFI.
💹 Buy/Sell Transaction tax - Bots hate It
  • 3% tax is charged on all transactions, going directly to $MDEFI coin holders, allowing them to earn a passive income simply for HODLing.
  • 2% of the transaction fees goes toward increasing $MDEFI liquidity, raising the token’s price floor to combat price fluctuations.

🛡Protects Against Price Manipulation

Furthermore, the $MDEFI project deploys an entirely fair method that protects against price manipulation by big-money investors. To this end, the protocol restricts $MDEFI token sell transactions to less than 0.01% of the total supply.
This strategy deters whales from dumping their coins during the start of the price discovery stage, ensuring $MDEFI can reach its full moonshot potential. It also counters swing trading and reduces arbitrage on sell transactions.

🛡Protecting Against Whales - Dynamic Reflection Token(DRT)

$MDEFI has a Dynamic Reflection Token(DRT) mechanism designed to reward holders by protecting investors against manipulation from whales, ensuring an equitable ecosystem where everyone has a fair chance to bag rewards regardless of their wallet size.

🛡Anti-whale Dumping Mechanism

The anti-whale dumping mechanism goes a step further to protect investors by capping the maximum amount any wallet can hold to 1% of the total supply.

Game-Fi

Metaegg allows you to have a maximum of 2 AI companions (Human: Male, Female Animal: Male, Female) within the Metaverse & Gaming environment you can use it as a guide, gaming corrector, movie corrector, or as a friend. NPC NFT will be an AI companion and can be customized. It can also be used in the play to win battles (PVP & PVE) and can breed new NPCs.
There are and will be many gaming experiences within the Metaegg gaming environment. Many of them will have players compete with each other using complex strategies and tactics to attain top rankings or be rewarded with FGG (Game Token).
Play & Earn
There will be countless unique NPCs that players can collect with varying body parts and appearances. Body parts will unlock abilities for NPCs that vary across games, they will have completely different values, benefits, and skills from one game to another. Body parts also have their own unique card art for players to collect.

Fit-Fi

Users are equipped with NPC NFTs to earn tokens by moving. Fule is needed to earn Fast Get Good (FGG). Every 1-liter of Fule equals to 5 minutes of move & earn movement and Fule which ONLY starts replenishing after users acquire an NPC NFTs.
To begin, users can select any NPC NFT of their choice and start earning.
Users will be able to see a statue on the screen showing either Walking or Running based on GPS/internet signal, or the user is not organically moving (i.e. using a car ). No FGG will be earned, and users will not lose Fule depending on the circumstance.
White - No GPS; Red - Poor GPS; Green - Strong GPS. Always make sure you have Fule before moving, as there is no token earning if you have zero Fule.
FGG will be paid out for every minute of movement, which is dependent on 2 factors:
Type of NPC NFT - Base FGG returns for each NPC NFT will be different.
NFT’s Efficiency Attribute - The higher the efficiency, the more FGG earned per minute.
Once Fule is depleted, users stop earning tokens.
Move & Earn

Social-Fi

Credit Box is a loot box that is randomly dropped while you are moving & socializing in the metaverse. It contains MDEFI.
Upon receiving a Credit Box, opening the box requires waiting and the countdown starts automatically. Once the countdown ends, they will be spending a small amount of FGG (a Base Cost) to open it. Credit Box countdown duration increases proportionately to its quality.
Socialize & Eran

Community & Economy

All NPC assets and NPC genetic data can be easily accessed by 3rd parties, allowing community developers to build their own tools and experiences in the Metaegg platform.
While NPCs holders will be using the Metaegg platform for games it's also taken on characteristics of a social network and earning platform due to the strong community and opportunity to truly own resources earned within the games.
A key difference between the Metaegg platform is that Blockchain economic design unlocks the ability to have complex player-owned economies and rewards players who are able to reach advanced levels of skill. Players are able to have fun and work towards ambitious goals while simultaneously earning potential resources that will have real monetary value due to an open economic system and demand from other players - “Play & Earn, Move & Earn, Socialize & earn ”.
Players will gain more resources to advance in the game by taking actions such as: Competing in Battles to win leaderboard prizes as well as $MDEFI breeding NPCs to produce new ones with particular Body Part combinations. Collecting and speculating on rare NPCs.
The NFTs and Metaverse content will be stored perpetually on the blockchain and distributed via a decentralized network while ownership and transactions are validated on the Blockchain.
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DeFi
How Does the Project Generate More BNB Rewards?
Eligibility
SMART MECHANISM
🛡Protects Against Price Manipulation
🛡Protecting Against Whales - Dynamic Reflection Token(DRT)
🛡Anti-whale Dumping Mechanism
Game-Fi
Fit-Fi
Social-Fi
Community & Economy