About MEG
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Frequently Asked Questions
What Is Magic Elpis Gem (MEG)?
Read MoreMEG 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 level in game, then earn MEGs and other attractive rewards.
MEG can be minted only by Elpis Battle players, and is used for most in-game features such as Recruit - create new NFT Hero from existing NFT Hero, Awaken - Increase strength statistics and expand level limit for NFT Hero, Craft - create new NFT Equipment.
How Many MEG Tokens Are There in Circulation?
Read MoreElpis 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% MEG use in function
Who Are the Founders of MEG ?
Read MoreMEG 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.
What Makes MEG Unique?
Read MoreThe purpose of MEG is a medium of exchange of in-game economy. MEG should be stabilized in terms of price and ensure its decentralized nature, even when there is no organization to regulate. To work towards this goal, MEG propose 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 total MEG burned in an epoch, the next Epoch is Contraction.
The system is well-balanced when the reward coefficient is unchanged.
Epoch Expansion: All in-game MEG rewards is multiplied by 115% Epoch Contraction: All in-game MEG rewards is multiplied by 85%
This stabilisation mechanism and supply-demand adaptation help stabilize the price of MEG. Therefore, the new players can easily participate in Elpis Battle without a high cost-barrier.
What is the all-time high price of Magic Elpis Gem (MEG)?
Read MoreThe all-time high of MEG was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Magic Elpis Gem (MEG) is 0. The current price of MEG is down 0% from its all-time high.
How much Magic Elpis Gem (MEG) is there in circulation?
Read MoreAs of
, there is currently 0 MEG in circulation. MEG has a maximum supply of 0. What is the market cap of Magic Elpis Gem (MEG)?
Read MoreThe current market cap of MEG is 0. It is calculated by multiplying the current supply of MEG by its real-time market price of 0.
What is the all-time low price of Magic Elpis Gem (MEG)?
Read MoreThe all-time low of MEG was 0
, from which the coin is now up 0%. The all-time low price of Magic Elpis Gem (MEG) is 0. The current price of MEG is up 0% from its all-time low. Is Magic Elpis Gem (MEG) a good investment?
Read MoreMagic Elpis Gem (MEG) has a market capitalization of $0 and is ranked #4116 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Magic Elpis Gem (MEG) price trends and patterns to find the best time to purchase MEG.