Tokens and Coins
Last updated
Last updated
All games, competitions, PvP and tournaments on the platform are kept off-chain. This is to remain adaptable, should we need or want to make changes to the code.
For this, we created a 1:1 off-chain currency to $MMG, known as coins.
We are making it as simple as possible to utilise $MMG on the platform. There is a one-step process for depositing and withdrawing. Simply swap tokens for coins, and vice versa.
Flexibility for onboarding
By keeping these elements off-chain, we can begin to cater to the needs of web2 gamers. These individuals are typically inexperienced in web3, and sometimes daunted by the idea of blockchain.
This move allows us to maintain maximum adaptability. For example, if we want to develop a mobile app, we can make the currency and in-game assets interoperable between web2 and web3.
In addition to this, we can integrate solutions such as FIAT and tie it into the value of $MMG, allowing users to play without even needing to purchase crypto.