🔩Components of EconomyX

• Standardisation of Asset Classes:

  • Economy X ensures asset classes can be integrated into third-party games, providing a standardised framework for seamless interoperability.

• Tools and Interfaces:

  • The platform offers tools and interfaces for creators/developers to create & publish assets into the interoperable system, simplifying the integration process.

• Smart Contracts:

  • Smart contracts enable the fair distribution of generated revenue from sales and usage among all contributors of UGC, ensuring transparency and rewarding creators.

• Asset Minting:

  • Economy X allows for the minting of asset class instances as needed, facilitating the creation of new items and expanding the game economy.

• Wallet-linked Inventory:

  • Users can manage their assets through a wallet-linked inventory system, ensuring secure storage and easy access to their virtual possessions.

• Utility Token:

  • A utility token within the ecosystem enables seamless and efficient transactions between participants.

• Marketplace and Trading:

  • The platform provides a marketplace for buying, selling, renting, lending, and liquidating assets, promoting a dynamic in-game economy with lock-in capabilities.