MEG is the utility token of Elpis Battle (EBA), a tactical turn-based RPG on the BNB Chain. The main goal of players in Elpis Battle is using NFT Heroes to conquer different levels in the game, then earn MEGs and other attractive rewards.

MEG can only be minted by Elpis Battle players and is used for most in-game features such as Recruit - creating new NFT Heroes from existing NFT Heroes, Awaken - increasing strength statistics and expanding level limits for NFT Heroes, and Craft - creating new NFT Equipment.

Elpis Battle launched its main-net on Feb 28, 2022, with zero MEG tokens created at genesis. Only Elpis Battle game players - who own the Elpis Hero Metaverse NFTs - can mint additional MEGs to use for in-game features. 90% of MEGs are used in function.

MEG was created by the same team who developed the Elpis Battle (EBA) project. Elpis Battle is developed by ZEGO Studio team members and backed by VCC Holding.

The purpose of MEG is to serve as a medium of exchange in the in-game economy. MEG aims to be stabilized in terms of price and ensure its decentralized nature, even when there is no organization to regulate it. To work towards this goal, MEG proposes a mechanism called Elastic Emission to stabilize the price.

If the total amount of MEG earned is 5% less than the total amount of MEG burned in an epoch, the next Epoch is Expansion. If the total amount of MEG earned is 5% more than the total MEG burned in an epoch, the next Epoch is Contraction.

The system is well-balanced when the reward coefficient remains unchanged.

Epoch Expansion: All in-game MEG rewards are multiplied by 115% Epoch Contraction: All in-game MEG rewards are multiplied by 85%

This stabilization mechanism and supply-demand adaptation help stabilize the price of MEG. Therefore, new players can easily participate in Elpis Battle without a high cost-barrier.

Learn more about Elpis Battle here.

MEG is the utility token of Elpis Battle (EBA), a tactical turn-based RPG on the BNB Chain. The main goal of players in Elpis Battle is using NFT Heroes to conquer different levels in the game, then earn MEGs and other attractive rewards.

MEG can only be minted by Elpis Battle players and is used for most in-game features such as Recruit - creating a new NFT Hero from an existing NFT Hero, Awaken - increasing strength statistics and expanding the level limit for NFT Heroes, and Craft - creating new NFT Equipment.

Elpis Battle launched its main-net on Feb 28, 2022, with zero MEG tokens created at genesis. Only Elpis Battle game players - who own the Elpis Hero Metaverse NFTs - can mint additional MEGs to use for in-game features. 90% of MEGs are used in function.

MEG was created by the same team who developed the Elpis Battle (EBA) project. Elpis Battle is developed by ZEGO Studio team members and backed by VCC Holding.

The purpose of MEG is to serve as a medium of exchange in the in-game economy. MEG aims to be stabilized in terms of price and ensure its decentralized nature, even without an organization to regulate it. To achieve this goal, MEG proposes a mechanism called Elastic Emission to stabilize the price.

If the total amount of MEG earned is 5% less than the total amount of MEG burned in an epoch, the next Epoch is Expansion. If the total amount of MEG earned is 5% more than the total MEG burned in an epoch, the next Epoch is Contraction.

The system is well-balanced when the reward coefficient remains unchanged.

Epoch Expansion: All in-game MEG rewards are multiplied by 115%. Epoch Contraction: All in-game MEG rewards are multiplied by 85%.

This stabilization mechanism and supply-demand adaptation help stabilize the price of MEG. Therefore, new players can easily participate in Elpis Battle without a high cost barrier.