💸Earning Mechanism
Land NFT owners must activate economic ownership to to eligible to share earnings
The activation price for Land will start at 1 $Manta and will increase in a tiered manner based on the number of activations. Specific prices will be announced separately.
PvP daily battles
Daily PvP → both sides join the battle with the same amount of chips (tokens)
Winner takes 97.5% stake from loser
Process fee → 2.5% per battle
— 50/50 split between Elfin & Featured Partner (if applicable)
— 20% of which belongs to Elfin shared to Land owner
— 10% of which belongs to Elfin goes to referral & loyalty
— 15% of which belongs to Elfin kept for metaverse maintenance
— 1% of which belongs to Elfin goes to seasonal leaderboard prize pool
— 4% of which belongs to Elfin reserved for platform insurance
**for a Elfin standalone game, all 2.5% process fees will distribute proportionately according to the breakdown above
Tournament
Prize pool source
- Seasonal & tournament pass ticket sale
- Daily competition process fee
- Sponsorship
Revenue split
- 60% → winner
- 20% → platform revenue
- 5% → maintenance
- 13% → Elfin Land NFT holders
- 2% → lottery
Referral & Rebate
Inviter must holds at least a Land NFT, but no need to activate economic ownership to receive referral rebate
Only receive referral rebate from the battles played by his/her invitees
10 % of the rebate an inviter receives, will be credited to his/her inviter, if applicable
inviter(s) must holds at least a Land NFT (but not needed to activate economic ownership) to be eligible for rebate
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