xMETAL token

The xMETAL is the second token within the Meta Life ecosystem. Unlike the METAL, it is purely a utility token, whose primary purpose is to reward all of the in-game activities and ecosystem participation according to our bespoke play-and-earn model. From a technical point of view, the xMETAL is an ERC-20 token. Its supply is unlimited and no public sale of xMETAL is envisaged as it will be generated-as-rewarded. The functions of the xMETAL token are as follows:

• Basic Play-and-earn Rewards: the xMETAL is the main in-game rewards token. Players can obtain some units by completing basic tasks, unlike the METAL that is distributed only as a high value reward for special achievements.

• Micro-transactions: the xMETAL can be used in a large number of micro-transactions in the daily gameplay of Meta Life, such as 'on-the-fly' ammunition refills to continue using the same weapon (as opposed to switching weapon, out of convenience). Additional uses include weapon upgrades, various asset upgrades and skill tree resets.

• Metaverse Social Transactions: xMETAL will be used as the primary token to conduct transactions for all experiences within Meta Life. Social experiences such as concerts or business advertisements and transactions will use xMETAL.

• Legends Fusion: this token will have to be heavily used, in conjunction with the METAL, to combine two Legend Zeroes into one which improves the player’s experience significantly but in a balanced fashion.

• Staking Rewards: tokens generated by staking METAL or Meta Life NFTs can be claimed in METAL, respecting a vesting/cliff period, or immediately in xMETAL.

• More in future: xMETAL’s use cases and functionalities will continue to expand with the evolution and development of features and possibilities in the Meta Life ecosystem.