The Token

The $SOAP token has different utilities in the Fight Meta game. It will be used as the in-game currency and will also allow players to earn NFTs or gain experience point boosters (EXP) by holding $SOAP tokens in their wallets or staking $SOAP tokens.

• In-Game Currency $SOAP token allows a player to purchase and sell various NFTs on the Fight Meta marketplace.

• Fighting Rewards Players can compete in online 1 vs 1 fights against any opponent playing the game for $SOAP token. The winner of a fight will win the total wager amount for the fight minus the platform fee. $SOAP token will also be used to pay the entry fee to Tournaments. Prize money for tournaments will also be paid out in $SOAP tokens.

• Experience Points (EXP) Leverage In order to increase the experience points (EXP) for each character, the player is required to hold a certain amount of $SOAP token in their cryptocurrency wallet. The Fight Meta platform will verify a player’s $SOAP token holding every time when signing in using the wallet in the game. The thresholds for leveraging the experience points (EXP) are as follows:

  • 10,000 $SOAP Tokens in the wallet - multiple x1.5 EXP boost

  • 25,000 $SOAP Tokens in the wallet - multiple x2.0 EXP boost

  • 35,000 $SOAP Tokens in the wallet - multiple x2.5 EXP boost

  • 40,000 $SOAP Tokens in the wallet - multiple x3.0 EXP boost

  Example: If a player holds 10,000 $SOAP tokens in her or his wallet, all experience points gained for a completed fight will be multiplied by 1.5x. Exclusions: EXP leverage by holding a certain amount of $SOAP tokens are not considered while Staking (see Staking for more detail). Please note: these thresholds will be adjusted as the game gains more popularity and the number of tokens in circulation increases.

• Voting Rights in the Governance Board The Fight Meta aims to give the player the freedom to decide over the development priority of upcoming NFT characters and fighting locations. Each new additional character and fighting location will be presented to the top 20 $SOAP token holders before the next game development will be announced. The token count on the last day of the months prior to the updates will be considered when determining the top 20 token holders. All new character and location designs, as well as the story to each character and location, will be presented to the Governance Board. The Governance Board will vote on which new character and location to add to the Fight Meta game.