17. EGGVERSE economy

EGGVERSE economy using EGGT

Figure 21-1. A schematic diagram of token economics for an arbitrary cryptocurrency

Figure 21-2. A schematic diagram of token economics for EGGT cryptocurrency

We proposed a token economics structure of SNS to earn X Trade to earn (S2EXT2E) so that NFT transactions purchased on other platforms can be concentrated on EGGVERSE through NFT compatible re-trade technology, a key feature of EGGVERSE.

The payment currency that buyers can use is proportional to the number of multi-chains supported by EGGVERSE, and currently, Ethereum, Polygon, Klay, and EGGT can be traded on EGGVERSE. When paying with a currency other than EGGT, participants receive compensation according to the token economics structure shown in figure 21-1, and when trading with EGGT, participants receive EGGVERSE SNS to earn X according to the token economics structure shown in figure 21-2. You can use the trade to earn (S2EXT2E) system utility. In other words, if there is no transaction history or SNS activity in EGGVERSE, it is excluded from EGGVERSE S2EXT2E utility. All transactions in EGGVERSE are conducted after analyzing the NFT's mainnet and specifications through the EGGVERSE analyzer, which uses EGGT as a fee. Cryptocurrency automatically exchanged for fee payment in the EGGT exchanger and crypto exchanger is distributed to EGGT staking holders in the Reward distribution engine (R engine). The distribution by R engine is as shown in Equation 1 (R_A : amount of cryptocurrency distributed by fortune, K_T: total amount of staking, K_i : amount of individual staking, n: total amount of cryptocurrency accumulated in R engine).

(1)

EGGVERSE analyzer's fee EGGT is distributed through the EGGT distribution engine to non-members, members, community members with eggloads, writer members, and EGGVERSE community members who are divided into moderators of the community. Equation 2 is the basic formula for reward distribution to EGGVERSE participants (r : EGGVERSE Analyzer fee, s : individual SNS volume, x: individual transaction volume, R : individual distribution volume, x_1 ~ x_T : individual transaction volume of all members, s_1 ~ s_T : Individual SNS amount of all members).

(2)

One) Non-members; You can only trade on EGGVERSE.

2) Members: EGGVERSE member NFT holders are distributed according to Equation 3 (D_n : EGGT distribution ratio to holders, R_n : holder role individual distribution volume, x_1 ~ x_n : individual transaction volume of all member roles, s_1 ~ s_n : all members amount of personal SNS of the role).

(3)

3) Holder: EGGLORD NFT holders are distributed according to Equation 4 (D_h : EGGT distribution ratio to holders, R_h : holder role individual distribution amount, x_1 ~ x_h : individual transaction volume of all member roles, s_1 ~ s_h : all member roles of personal SNS).

(4)

(4) Creator: Creator NFT holders are distributed according to Equation 5 (D_c : EGGT distribution ratio to holders, R_c : holder role individual distribution volume, 𝑥_1 ~ 𝑥_c : individual transaction volume of all member roles, 𝑠_1 ~ 𝑠_𝑐 : Personal social media volume for all member roles).

(5)

(5) Moder: Moder NFT holders are distributed according to Equation 6 (𝐷_𝑚: EGGT distribution ratio to holders, 𝑅_𝑚 : Individual distribution volume of holder role, 𝑥_1 ~ 𝑥_𝑚 : Individual transaction volume of all member roles, 𝑠_1 ~ 𝑠_𝑚 : Personal social media volume for all moder roles).

(6)

On the other hand, the individual's SNS index S and trade index are defined by Equations 7 and 8, respectively. 𝑆_𝑇 is the total amount of SNS related to EGGVERSE, and 𝑆_𝑖 is the amount of personal SNS related to EGGVERSE. 𝑋_𝑇 is the total trading volume of the EGGVERSE NFT exchange and X_i is the individual trading volume made on EGGVERSE.

(7)

(8)

Therefore, the synergy effect of EGGVERSE's compatible re-trading technology and EGGVERSE's token economy can be expected to maximize NFT re-trading through EGGVERSE.