# About the project GG MetaGame is a platform that offers gamers a unified game universe with hundreds of titles from various studios. It utilizes Web3 protocols to encourage the distribution of value to gamers who possess unified skins, avatars, and items. For developers, MetaGame provides a simple integration solution with extra tools for monetization, improved user retention, and access to a large user base. The value of MetaGame is secured by its profits (from the store, advertising integration, audience resell and b2b streams), and a large portion of these profits will be distributed via web3 tools facilitated by token utilities. For GG MetaGame (GGM) web3 protocols are considered as the most suitable and effective method to distribute its value to users (web2 originally) and encourage user acquisition, stimulating growth of the web3 community. Thus, GGM Web3 protocols are, effectively, a set of additional web3-tools allowing users to monetize their gaming experiences via p2e mechanics. The web3 open source protocols are originally provided by GGMT Technology and are continuously incentivised to be fully governed by the GGM community.
# Tokens # GGMT GGMT (GGM token) - a deflationary utility token (ERC20) with a fixed supply represented on-chain: * not in-game resource * utility token * used as a payment method for buying and selling in-game assets as NFTs on the ggmPortal (internal NFT marketplace) * used as a loyalty token by ecosystem partners to get preferences on GGM services * used in GGM Liquidity protocol for NFT assets pricing procedures * staking rewards * NFT farming * votings on protocol parameters ## GGMT positive and negative pressure **GGMT positive pressure:**
* GGM Liquidity pool inflows - Liquidity providers purchase GGMT to get the incentives * Royalty - conversion from received liquid assets into GGMT * Burning - 1% of liquidity providers volume * Burning - 20% of all NFT royalties * GGMT staking to get rewards from the staking fund GGMT staking to get rewards for markup votings * GGMT staking to farm/boost NFTs with unique in-game utilities * GGMT staking to get the opportunity to submit NFTs for markup protocol procedures **GGMT negative pressure:**
* GGM Liquidity pool redeems of GGMT by the NFT holders * GGM markup protocol redeems of GGMT by the NFT holders * GGM Vault (liquid part in GGMT) outflow * Staking rewards * Voting rewards # GGMC GGMC (GGM coin) - in-game digital currency: * used as in-game resource * in-game reward currency * in-game artifacts upgrade * not a blockchain asset * can be purchased or gained in-game # GGMV GGMV (GGM vault) - a vault governance token (ERC20) with a non-fixed supply represented on-chain: * not in-game resource * represents the share in GG MetaGame vault and can be used to redeem the liquid assets part * votings on the management of vault digital assets # Contracts
Token contractTBD
# Tokenomics # GGMT metrics ## Allocation | Category | Allocation, % | | ----------------------------------------------------------------------------- | ------------- | | Backers (distributed between company equity investors and early contributors) | 5% | | Key team members | 5% | | Liquidity | 40% | | Initial GGM liquidity pool | 5% | | Initial staking fund | 5% | | Early adopters and ambassadors | 5% | | Community (distributed between community members and game developers) | 35% |
# Mechanics # GGM Liquidity Pool GGM Liquidity pool (liquidity bootstrap) Liquidity Providers — the ecosystem partners who participate in the protocol procedures by supplying GGMT tokens to the Liquidity Pool. Liquidity Providers incentive is to get up to 20% discounts (or depending on the financial structuring they can decide on their own which part of up to 20% of their payment is to be allocated into the pool with the reason to get GGMV tokens minted, see below) on the following GGM services: * advertising monetization - promoting external products and services within the GGM * audience resale - services to get user base for game developers * b2b integrations into the GM Additionally up to 20% of inApp monetization by selling game items are also used to be converted into GGMT and subsequently provided into GGM Liquidity pool. Liquidity pool inflows in GGMT are then allocated into the following sub pools: * 70% for base-level pricing - to place bids on the GG internal marketplace in GGMT for NFTs * 20% for markup fund - to additionally appraise certain NFTs * 7% to GGMT staking fund * 2% to GGMT voting rewards * 1% for burning # GGM Base-Level Pricing Protocol Certain most valued gaming assets become claimable as NFT tokens and by default are classified to 7 rarity levels depending on their in-game utilities and scarcity. Their scarcity and default relative value are defined in the following proportions: * level 1 - 50% of NFTs are valued at 1X * level 2 - 20% of NFTs are valued at 1.5X * level 3 - 15% of NFTs are valued at 3X * level 4 - 10% of NFTs are valued at 10X * level 5 - 4% of NFTs are valued at 50X * level 6 - 0.9% of NFTs are valued at 200X * level 7 - 0.1% of NFTs are valued at 1000X The scarcity rules are set algorithmically and can be facilitated with artificial intelligence on more mature stages. At the beginning of each Epoch the protocol makes the bid offers on the internal marketplace for all NFTs outside the GGM Vault based on the valuation of GG liquidity pool (70% for base-level pricing) to all NFTs (already claimed and circulating outside the GGM Vault and those becoming available for claiming in this particular Epoch) taking into account their relative value coefficients. The offers are updated each Epoch. If a bid is accepted, GGMT tokens are transferred to a NFT owner, and the NFT itself goes to the GGM Vault. NFTs from the GGM Vault are not subject to the base-level pricing procedures any more, even if they are sold from the Vault and freely circulated on the market. If a bid is not accepted, the new bid orders will be placed by the protocol based on the updated conditions of the GGM Liquidity pool and availability of new NFTs to be claimed. As the deposits into GG liquidity pool are not regulated, to make the pricing model more stable, the protocol regulates claiming of new NFTs in a way that the new volume of NFTs does not change the existent not realized bid offers for more than 30% from the average bid offer in GGMT for the last 4 Epochs. Claiming of more scarce NFTs (with high rarity) takes priority over less scarce ones. It means that the Protocol applies new replenishments to the Liquidity pool first toward gaming assets with higher levels and makes it possible to claim them as NFTs. Epoch is set to one week by default and is subject to change by decision of GGMT token holders voting (after the voting procedures launch). NFT scarcity levels with their relative value coefficients and the allocations of the Liquidity pool are also subject to the votings. # GGM Markup Protocol The markup protocol procedure is aimed at defining the rarity of the NFTs by their additional appraisal by the community of GGMT stakers. The procedure takes place on Epoch basis. The whole markup fund (20% of GG Liquidity pool inflows) is to be distributed each Epoch. Markup pricing procedure takes place in the following phases: * Epoch N-1: Collecting submissions by the NFT owners to apply the particular NFT for the procedure. There is an additional requirement of minimal GGMT stake (which will be defined by the community closer to the procedure launch) to get access for the submission * Epoch N: voting by token holders (who staked their GGMT) to allocate funds of the markup fund (as of the end of Epoch N-1 state) between the submitted NFTs. Each GGMT tokenholder has the equivalent number of votes to his stake which can be allocated to several NFTs * Epoch N+1: the protocol makes the bid offers on the internal marketplace which consolidate the base level pricing and the markup one. The markup value is calculated as a relative number of votings numbered the markup fund (as of the end of Epoch N-1 state). The bids are valid only for one Epoch and to be canceled the next one if not accepted * Epoch N+2: not accepted bids are canceled, the allocated markup funds are returned back to the markup fund and the next Epoch bids are calculated and placed GGMT token stakers incentive to participate in the procedure is to get voting rewards from the dedicated fund. Markup pricing procedure is applicable to all NFTs which have not been in the vault after accepting the protocol bids. ## ​​GGM markup protocol votings GGMT voting rewards pool is filled with 2% of GGM Liquidity pool inflows and is set to incentivise token stakers to participate in GGM markup protocol votings. GGM markup protocol voting rewards are distributed based on Epoch basis. A personal voting reward represents the share of the fund which is calculated as GGMT personal stake divided by the sum of stakes of all voting participants during some particular Epoch. On more mature stages of the protocol developments to increase the network activity, voting can be delegated to AI via special web3 interfaces. # GGM Vault (Escrow) When Liquidity Providers supply to the Liquidity Pool their GGMT tokens, they receive an equivalent amount of GGMV (at 1:1 ratio). GGMV is an ERC20 token which is considered a “digital receipt” representing a liquidity provider's supply into the GGM Liquidity pool and correspondingly his the relative share of GGM Vault. The personal share is defined as the relation of the token holder’s amount of GGMV tokens divided by the total supply of GGMV. GG MetaGame vault is filled with purchased by the Protocol gaming assets which were claimed as NFTs, and liquid fungible tokens like GGMT, ETH, IMX, USDT or USDC. The liquid assets are gained by the decision of GGMT token holders through the following procedures: * sale of the NFTs from the Vault * renting NFTs at some defined monthly rate in GGMT * staking liquid assets of the GGM Vault * other Vault management actions with the potential benefits The liquid part of GGM Vault can be distributed between all GGMV token holders by their quorum decision. Or GGMV tokens can be used to claim a corresponding liquid part of assets in the GG MetaGame Vault at any time by the redeeming procedure with the subsequent burning of the provided GGMV tokens (this procedure is available after 3 months of the GGMV tokens minting, where the delay is considered as a protocol parameter and in subject to change by GGMT token holders decision). Even though NFT assets of the GGM Vault are considered as the ownership of GGMV token holders, they cannot be redeemed at any time because of their non-fungible nature. Voting procedures regarding the GGM Vault are subject to be modified by the decision of GGMV token holders (after the voting procedures launch). # GGMT staking GGMT staking is required for: * markup votings to appraise submitted NFTs and get voting rewards from the dedicated pool * NFT submission for markup procedure * votings on protocol parameters (like Epoch duration, minimum stake for NFT markup submissions, unstaking duration, etc.) * farming special NFTs with unique in-game utilities * NFT boost to improve NFT values GGMT staking fund is filled with: * 7% of GGM Liquidity pool inflows * 80% of NFT royalties - all NFTs secondary market sales are subject to 3% royalty, 80% of which are send to the staking fund in GGMT tokens Rewards are distributed on the Epoch basis from the staking fund (its state on the distribution moment) based on the average daily personal stake value. By default the unstaking procedure takes 2 Epochs and is subject to be modified via voting procedures. # Royalty Fund All claimed NFTs secondary market sales are subject to 3% royalty which are taken in transaction currencies. All the received funds are to be converted into GGMT tokens at the secondary market at their market price based on the Epoch basis. Received GGMT are subsequently sent into: * 80% to the staking fund * 20% are to be burnt # GGMT burning The burning is set to reduce circulating supply of GGMT tokens. The procedure is to take place on the Epoch basis. The burning fund is filed with: * 1% of GGM Liquidity pool inflows * 20% of all NFT royalties # NFT ## NFT farming The prime method to get NFTs is to have some extensive gaming experience in the games of GGM. Staking of GGMT tokens provides the additional opportunity to get gaming NFT with unique in-game utilities. NFT farming has the following specifics: * 15% of all generated NFT assets are assigned to stakers (the majority of 85% is claimed as rewarded in-game assets) * farmed NFTs rarity depends on the staking amount (loyalty level) and staking duration ## NFT boost Staking of GGMT tokens provides the opportunity to boost in-game utilities. NFT boosting has the following specifics: * in-game utilities boost stands for in-game economic processes speed-up / increase unique powers by gaining a unique status * the original NFT is to be staked in a special vault for the boost procedures. After claiming the upgraded NFT, the original one is to be destroyed * NFT boost depends on the staking amount (loyalty level) and staking duration # Loyalty Model Loyalty model is set to differentiate token holders by the size of their stakes with the goal to incentivise the increase of the staked GGMT. The following three loyalty levels are to be defined: * Platinum (top 10% of the token holders) * Gold (top 30% of the token holders) * Silver (top 60% of the token holders) The higher loyalty level - the better economic opportunities will be assigned for: * GGMT markup procedures voting * NFT farming * NFT boost The higher loyalty level - the higher the reward share of the loyalty group in the Staking and GGMT voting funds: * 50% for the Platinum group * 30% for the Gold group * 20% for the Silver group The loyalty model parameters, like stake thresholds, are to be defined closer to the launch after the distribution of GGMT significant supply and achieving high liquidity volumes.
# ​​GGMT protocol votings GGMT tokenholders votings are set to modify the following protocol parameters: * Epoch duration * minimum stake for NFT markup submissions * unstaking duration * NFT rarity/scarcity parameters * NFT farming parameters * NFT boosting parameters * loyalty model parameters * other proposals on the protocol modifications ​​GGMT protocol votings are not incentivised by default. # ​​GGMV votings GGMV tokenholders votings are set to manage the GGM Vault digital assets: * sale NFTs * rent NFTs * distribute liquid assets from the GGM Vault (GGMT, ETH, IMX, USDT or USDC) to GGMV tokenholders # Roadmap Milestones
# FAQ FAQ is a page with a list of questions and answers about GG MetaGame, its token, and its environment.A FAQ page is provided which includes inquiries and replies concerning GG **What is GG MetaGame?** GG MetaGame is a platform that offers gamers a unified game universe with hundreds of titles from various studios. GG MetaGame is GreenGrey Holding's most ambitious venture yet—a revolutionary gaming ecosystem that amalgamates hundreds of game titles. It promises players not just games but experiences backed with unique rewards, NFT assets, and exclusive monetization opportunities. This is all executed under the vast and reputable umbrella of GreenGrey Holding. GG MetaGame utilizes Web3 protocols to encourage the distribution of value to gamers who possess unified skins, avatars, and items. For developers, MetaGame provides a simple integration solution with extra tools for monetization, improved user retention, and access to a large user base. The value of MetaGame is secured by its profits (from the store, advertising integration, audience resell, and b2b streams), and a large portion of these profits will be distributed via web3 tools facilitated by token utilities. For GG MetaGame (GGM), web3 protocols are considered as the most suitable and effective method to distribute its value to users (web2 originally) and encourage user acquisition, stimulating the growth of the web3 community. Thus, GGM Web3 protocols are, effectively, a set of additional Web3 tools allowing users to monetize their gaming experiences via p2e mechanics. The web3 open source protocols are originally provided by GGMT Technology and are continuously incentivized to be fully governed by the GGM community. **What makes GG MetaGame unique and stand-alone?** GG MetaGame helps solve two core problems in gaming: many game developers without the resources to promote them and casual games having low user retention. It is a product in the format of an integrated SDK, which allows combining casual mobile games into a common space and separate game assets. This allows retaining users by navigating them through different games from the metagame universe and motivating them with common gaming assets provided by tokenomic protocols. This is the way developers or mini studios don’t worry about promotion, while users receive assets that have real value and are completely owned by them. GG MetaGame exemplifies the fusion of classic gaming traditions with groundbreaking advancements in the P2E gaming and blockchain domains. * *Holistic Gaming Ecosystem:* Unlike conventional platforms that operate with segregated titles, GG MetaGame integrates a diverse array of games into a single, interconnected universe, ensuring a seamless user experience across genres and studios. * *Blockchain Integration & NFT Implementation:* A pivotal differentiator is GG MetaGame's forward-thinking integration of blockchain technology. This facilitates the transformation of in-game items into NFTs (Non-Fungible Tokens), establishing a tangible bridge between gaming and the dynamic realm of cryptocurrency. * *Established Audience Base:* Another strategic advantage lies in GreenGrey Holding's expansive web2 mobile gaming audience. Rather than initiating from a nascent stage, GG MetaGame taps into this ready and engaged audience, offering them next-generation gaming experiences. **What are the main features of GG MetaGame I should know?** The entire GG MetaGame tokenomics is designed to share value with game studios, players, and the community. * Monetization: Beyond Traditional Ads and In-game Purchases. * Asset Ownership: Empowering Studios with NFTs. * Interoperability: Seamless Integrations with B2B Solutions. * Enhanced Freedom: Less Centralized Control, More Innovation. * Community Involvement: Embracing the Democratization of Decisions. * A Supportive Ecosystem: Liquidity, Vault Management, and Beyond. * One ID and Avatar: seamless login with different games. * Cross-reward system: players are incentivized to discover new games. * Single universe: ultimate space for game interconnection. * One currency: it can be exchanged for in-game items in any listed game. * NFTs: players’ achievements belong to them. **Is there a native token for the project?** There are three tokens in GG MetaGame: GGMT (GGM token) - a deflationary utility token (ERC20) with a fixed supply represented on-chain. GGMC (GGM coin) - in-game digital currency or set of in-game currencies not presented on-chain. GGMV (GGM vault) - a vault governance token (ERC20) with a non-fixed supply represented on-chain. **What is the token allocation?** 5% initial GGM liquidity pool 5% key team members 5% backers - distributed between company equity investors early contributors 5% initial staking fund 40% liquidity 35% community - distributed between community members and game developers 5% early adopters and ambassadors **I am a gamer. What can I do here?** You will be able to dive into a multi-game ecosystem where your play is fairly rewarded and transfer your NFT assets across games for new experiences. Stay tuned for an exciting opportunity to be among the first to delve into the MetaGame universe! The first games are set to be publicly available as early as 2024. **I am a developer. What can I do here?** If you are a game studio or independent game developer, you can integrate your project into GG MetaGame and benefit from attractive Web3-enabled opportunities effortlessly. Our mechanics are designed for enhanced retention and monetization. If you represent a game studio or are an individual game developer, feel free to contact us via [contact@greengreyholding.com](http://mailto:contact@greengreyholding.com/) **Do you have an SDK?** Our integration SDK is coming soon. **Are there NFTs I can mint or claim?** The prime method to get NFTs is to have some extensive gaming experience in the games of GGM. Staking of GGMT tokens provides the additional opportunity to get gaming NFT with unique in-game utilities. Staking of GGMT tokens provides the opportunity to boost in-game utilities. **What blockchain does GG MetaGame use?** GGMT and GGMV tokens are initially issued on the Ethereum network using the ERC-20 protocol. However, different mechanics, especially those related to gaming NFT assets, can be implemented on different chains, for example, Immutable. **When will the platform launch?** We expect to have an official launch in 2024. # Brand assets ![](https://3905012329-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjxqxikiaRbQyerZYatHc%2Fuploads%2FB5Seb8qIq7MryLWl4uLW%2Fimage.png?alt=media\&token=96f38c4a-f926-4a7b-91c7-6b1c2611f77e) ![](https://3905012329-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FjxqxikiaRbQyerZYatHc%2Fuploads%2Fv1lAIBWTxByMmVnn8wbY%2Fimage.png?alt=media\&token=67f7172d-ccd7-4352-9c36-a09379d91230) # Analytics This page is under development. It will show data analysis about this project. # Socials