Economic Model of OpusBeat

OpusBeat
5 min readJun 17, 2021

s an on-chain sports and game platform, OpusBeat is an ecological chain that supports the sports football card industry, and supports NFT. It also supports the NFT trading and development of a series of football game cards such as FIFA live football.OpusBeat hopes to create a complete sports ecosystem that integrates games, physical limited-edition auctions, NFT competitive star cards, blind box draws, and event mining projects for sports enthusiasts.

Name: OpusBeat Abbreviation: Opus

Total Supply: 100 billion

Mechanism: In each transaction, a 15% handling fee is charged. 5% of the fee is redistributed to all token holders, 4% of the fee is added to the fund pool, and 6% of the fee is allocated to their own recommenders.

Burning destruction: 40%, unlimited deflation mechanism, initial manual destruction, subsequent destruction mechanism, the whole community participates in the voting decision.

Investment agency: 20%, Prohibit early participation, and strategic investment is used during project progress.

Ecological cooperation: 10%, used for cooperation with other partners, strategic parties, and exchanges.

Initial flow: 10%, establish an initial flow cell.

Team holds: 10%, used as an incentive to the founding development team.

Community Fund: 8%, reward members and teams with various skills and contributions to the community.

Community airdrop: 2%, during the progress of the project, the media community announces and other airdrops.

Main concept: meta-universal philosophy + fan economy + NFT

The Core Idea Of the Economic Model

Holding is mining

OpusBeat charges a 15% handling fee for each transaction, of which 6% is automatically allocated to all token holders. Every transaction, whether it’s a buy or sell, 5% of the handling fee is automatically distributed to all token holders according to the proportion of token holders. , That is, “Holding is mining”. In other words, during the holding period, as long as the OpusBeat transaction occurs and the balance grows, the holder will automatically receive passive rewards.

Liquidity self-growth

As we all know, new projects will generally face the problem of insufficient liquidity in the initial stage of the pool. If no investors actively add liquidity to the pool, it is far from enough to drive the depth of the pool by the increase in currency prices. Therefore, many projects without self-increasing liquidity will mostly face the problem of serious shortage of pool depth, which greatly hinders the further development of the project. The OpusBeat will charge a 15% handling fee for each transaction, of which 4% will be directly added to the liquidity pool to achieve “liquidity self-growth”. The self-growth of liquidity alleviates the problem of insufficient depth of the pool and provides a sustainable impetus for the further development of the project.

Manual Burns

A continuous burn on any one protocol can be nice in the early days, however, this means the burn cannot be finite or controlled in any way. Having burns controlled by the team and promoted based on achievements helps to keep the community rewarded and informed. The conditions of the manual burn and the amounts can be advertised and tracked. EVERGREEN aims to implement a burn strategy that is beneficial and rewarding for those engaged for the long term. Furthermore, the total number of EVERGREEN burned is featured on our readout located on the website which allows for further transparency in identifying the current circulating supply at any given point of time.

Recommendation Reward

The recommendation reward mechanism has been creatively added. All users who recommend participating in the recommendation can enjoy the recommendation reward. In the initial stage, we set a 6% recommendation reward, and each transaction has a 6% fee, which will be allocated to the recommenders.

Ecological Rights of Token Holders:

Hold Opus tokens and enjoy the eight major ecological benefits of Opus:

Enjoy the dividend right of the overall profit of the fund

Enjoy the right to participate in internal investment private equity Enjoy the airdrop right of cooperative projects

Enjoy the right of recommendation for project recommendation exchanges, media, and mining machines

Enjoy the right to invite repurchase of basic income

Enjoy the voting rights of the project investment decision-making committee

Enjoy the right to participate in high-quality investment projects

Enjoy the right to supervise ecological investment management

Token Rights:

As a token with dual attributes of games and governance, OpusBeat improves the game ecology and provides users with diversified application scenarios, including:

Participate in game transactions: Users can use Opus tokens to participate in games, such as paying the entrance fee to the competition.

Obtain pledge income: Users can pledge Opus tokens to obtain pledge income.

Participate in platform governance: You can participate in community voting by holding Opus tokens and determine platform development decisions.

Earn game rewards: the deeper the user’s gaming experience on the Opus platform, the more Opus tokens they will get.

Friend invitation rewards: Invite friends to join the OpusBeat platform to receive Opus token rewards.

Social network promotion rewards: Users who promote OpusBeat on social networks will receive Opus token rewards.

In the OpusBeat project, players who want to make money from pools of different levels need to have the same level of NFT card in order to produce a special card of the same level in order to mine in the corresponding level of pool.Players can only obtain NFT cards in three ways: 1. Blind box random selection; 2. NFT cards issued by other users in the trading market; 3. Combination/replacement of other cards.This can improve the circulation of the NFT card, thereby helping to increase the value of the NFT card held by collectors and the consumption speed of the blind box.

The combination of blind box and mining ensures the stable development of the OpusBeat project and the continued vitality of the community.OpusBeat introduces liquidity provider pools in the DeFi ecosystem, product mining pools and NFTs.Integrated into the game infrastructure, it can not only provide its users with mining optimization strategies, but also generate unique NFTs that can be used for interesting and dynamic game strategies.Users do not have a high barrier to entry, they can also obtain different attributes, participate in the community’s ecosystem, and profit by becoming a co-creator of OpusBeat.Users can use NFT tokens and cards to draw a lottery through blind boxes, from which cards are randomly drawn, and cards can be sold on the market or traded with other players.

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