CheersLand — a scalable aggregator of the GameFi metaverse where anyone can monetize their gaming experience and social media. CheersLand GameFi Metaverse Aggregator consists of combinations of multiple games, ranking list, initial game offer (IGO), NFT marketplace, multi-asset betting platform, etc.
Description of the CheersLand platform
At CheersLand, gamers can be rewarded through skillful gameplay and contributions to the ecosystem. The Play to Earn mode has already been implemented in such games as Axie Infinity, My Neighbor Alice, Alien Worlds, etc., which caused an enthusiastic response and commercial success in GameFi.
Game creators are allowed to use the CheersLand API to launch their own games in the CheersLand GameFi Universe and share the economic model. Called Build to Earn, this new model will inspire game developers to earn rewards by expanding game scenes for CheersLand.
Gamers will be able to get rankings on the leaderboard by constantly completing levels in the game. CheersLand will take a snapshot of the ranking list every week and reward users who rank in it.
Weekly prizes include but are not limited to:
| 1. | CHEERS tokens. |
| 2. | Posting projects, posted on the IGO channel. |
| 3. | Airdrops with multiple assets. |
| 4. | NFT in-game items. |
The gaming launchpad for startups is called Initial Gaming Offering (IGO), which will provide a portion of startup allocations to gamers on the ranked list. Gamers can freely buy and sell NFT in-game items on the NFT Market.
All users who contribute to the ecosystem, including gamers, game creators, stakers and investors, will be rewarded with CHEERS, a native token that is a true slice of the Cheers Land GameFi universe as it has management and reward distribution rights, built into it. This blockchain economic design is the key difference between Cheers Land and other traditional gaming platforms.
Project tokenomics
CHEERS — CheersLand GameFi Universe's native utility token. It binds together all members of the ecosystem and the CheersLand community, which acts as an incentive and a ticket to support the ecosystem. CHEERS holders will be able to claim rewards if they stake their tokens, play the game, create the game, and participate in the Initial Gaming Offering (IGO) and key governance voting.
CHEERS Stakers, who are a personality in the Cheers Land ecosystem, will earn CHEERS rewards and farm multiple assets on Cheers Land. By voting for management, CHEERS holders will influence the most important aspects of Cheers Land development, such as bid yield, project listing on IGO, embedded games, buyback and burn percentage, etc.
CHEERS will act as the main incentive for gamers, participating in weekly tournaments and leaderboards, as well as developers, involved in the development of games, based on Cheers Land.