MetaElfLand is a GameFi based on blockchain technology and distributed ledger. By playing the game, you can earn props in-game, fungible token(FT) and non-fungible token (NFT). Further, you can stake your tokens and NFTs to get rewarded for more tokens. The general idea of Play-to-Earn Games is that players are rewarded for having time and effort spent in the game. In MetaElfLand, the fungible token you earned is called MetaElfLand Token (MELT). Not only you can have fun or win in the game, you can also buy/sell and exchange NFTs with worldwide players in the game marketplace.

Similar to Pokemon, MetaElfLand is a half-round and half-instant game on chain. Players can buy or breed a variety of MetaElves, and by forming teams, players complete the game's Daily Tasks, PVE, and PVP to get more rewards. In the challenging TMT E-Sports Arena, players compete through tactics and strategy. The first prize winner can get 80% of the grand prize pool. Through this jackpot effect, MetaElfLand continuously attracts more players to join the game.

MetaElfLand Token (MELT) is an important part of the MetaElfLand, as it is designed as a catalyst for transmission, accelerating the maturation of the entire ecosystem. As an asset, MELT can be transferred and traded as the basis for trading in MetaElfLand, and has the following use cases:

• Purchase item in MetaElfLand: Players spend $MELTs to play the game, purchase MetaElves, lands, items, or customize their avatar characters. Players can also earn MELT.
• Reproduction and Evolution: Reproduction and evolution of MetaElves cost MELTs and some BNCs, depending on the Breeding Generation. The MELTs and BNCs expenditures are vary and will be adjusted according to factors such as the economic forecasting model.
• Governance: MELT is a governance token that allows holders to participate in the decision-making of the community by using a DAO structure. They can exercise voting rights on key elements, such as the content granted by the Fund, the affiliation of game creators, and the prioritization of features on the development roadmap.
• Staking: Staking of MELT allows the pledger to receive MELT as a reward for increasing the liquidity of the MetaElfLand economic system, and that makes staking as a passive income.