Economy
Last updated
Last updated
At the heart of our digital nation lies an economy consistent with our core values: one that empowers players and developers, and will propel the next generation of games into existence. This economy is powered by the $G7 token, which facilitates transactions, governance, and value distribution throughout our ecosystem.
Unlike conventional systems where wealth is concentrated at the top, Game7 ensures that value is distributed in a way that is merit based - greater value is awarded to those citizens who contribute most.
The value generated by economic activity within our nation is divided between two structures:
This structure ensures that the majority of value generated in Game7 Nation is distributed to our most engaged citizens. The portion allocated to the treasury will be deployed through governance, where each citizen’s voice is heard in proportion to their reputation and stake in the nation, ensuring a fair distribution of decision-making-power and network value. The portion allocated to the Citizen Pool can be accessed by staking as well as engaging throughout the Game7 ecosystem.
The key to Game7's success lies in our integrated economic model, a thoughtful design that leverages our technology, player base, and treasury management to fuel continuous growth and value creation. This model creates a self-reinforcing cycle of prosperity that benefits all participants.
Player Engagement: Initial pioneering Game7 Citizens contribute their time and skills to diverse game and quest offerings, creating a vibrant, active ecosystem.
Game and Content Expansion: The growing pool of skilled players attracts more developers and content creators, leading to an ever-expanding array of high-quality games and experiences.
Technology Adoption: As more games integrate into our ecosystem, they stake $G7 tokens and generate economic activity through our protocols. This drives token activity and creates value, strengthening our economy.
Economic Value Generation: The increased economic activity translates into value, which is efficiently collected in our Citizen Pool and Treasury, for strategic redistribution.
Value Circulation: We release this value to the community through citizen rewards. Players can amplify their rewards by staking $G7 and increasing their engagement, further aligning interests within our ecosystem.
Player Base Expansion: The combination of an expanding game library and equitable value distribution attracts more players to our platform, amplifying the cycle and driving further growth.
This self-reinforcing mechanism ensures that as our digital nation flourishes, all Citizens - from individual players to game developers - benefit from the increasing value and opportunities within the Game7 ecosystem. The synergy between engagement, value creation, and distribution forms a robust foundation for sustained growth.