TopGoal

NFTs have become an excellent way to support different industries while also allowing fans to collect and profit from exciting digital memorabilia.On top of allowing holders to profit from and collect these tokens, they are also innovatively incorporated into games, expanding their use beyond simply being collectibles.<a href="https://topgoal.io/" rel="noopener noreferrer nofollow">TopGoal</a> has taken football, the world’s most popular sport, and injected it with NFTs. TopGoal is a platform that allows football fans to collect and trade officially licensed NFTs that depict their favourite football players, clubs, and moments.At the end of last month, TopGoal launched a new airdrop campaign event which they announced during the <a href="https://marsecosystem.com/home" rel="noopener noreferrer nofollow">Mars Ecosystem</a> AMA. Some event winners were selected at random, while others were selected through a referral. The winners were given TopGoals mystery boxes from the <a href="https://www.cityam.com/football-legends-del-piero-vieri-and-batistuta-to-release-nfts-with-binance/" rel="noopener noreferrer nofollow">Return of Legends S2 and S1</a> sets. There were 600 winners, 200 being the most referred, and 400 were picked at random.Recently, Baron, CMO of TopGoal, took part in an AMA with Krish from Mars and community members to share their thoughts about NFT and TopGoal.Throughout the AMA, TopGoal discussed their future, tokens, DeFi plans, and more.TopGoal’s NFT PlatformNot only does TopGoal provide a platform to buy and trade NFTs, but they are also creating a game that incorporates the NFTs in exciting ways. Users can build a team and pit them against other users’ teams worldwide through GameFi applications.TopGoal provides football fans with an unprecedented gaming experience. The platform lets users join and play TopGoal’s game with unique legendary football player cards, collect the greatest football highlights, and build your fantasy squad to unlock more surprises.What Does the Future of TopGoal Look LikeTopGoal is creating a metaverse that combines their collectible NFTs with their GameFi DApps and DeFi utilities.The first game TopGoal will create will take on a Play to Earn model and will be a football manager — based game that NFT holders can participate in. They plan to launch more GameFi applications in the <a href="https://bitcoinist.com/how-topgoal-is-building-the-football-metaverse/" rel="noopener noreferrer nofollow">TopGoal metaverse</a> that allow collectors to use their NFTs in fun and exciting ways.TopGoal has begun collaborating with industry partners in DeFi to expand the utilities attached to their platform and NFTs. Their first strategic partner, Mars Ecosystem, is a decentralized and scalable stablecoin ecosystem.They also plan to build different partners within the industry to develop new applications that could potentially expand the utility of TopGoal’s digital assets in innovative ways. The research team is also working on an innovative layer2 solution to enable NFT cross-chain compatibility.TopGoal Plans for DeFiWithin their first stage, TopGoal will create liquid pools of TMT/BUSD with a total of 10 million TMT tokens from the treasury and a self-funded 1 million BUSD. The team could withdraw the initial self-funded LPs back in the future once the pool becomes large enough and use these funds for development and operation purposes. The initial pools will be launched on Mars and Pancake platforms, while Mars will also launch special TMT/USDM liquid pools with a yield incentive.In the second stage, Mars and TopGoal will collaborate to bring a DeFi based NFT drop solution. More details will be announced later. Mars and TopGoal will also collaborate to keep exploring more utilities of the digital assets of TopGoal.In the future, TopGoal might also release its layer2 solution that will make TopGoal NFTs become cross-chain assets. At that time, TopGoal collectors can not only participate in applications on BSC but also on Ethereum and other blockchains with the NFTs owned by them. On the other hand, TopGoal will still focus its GameFi ecosystem development on BSC.The TopGoal TokensThere are two tokens within the TopGoal ecosystem, the DAO token GOAL and GameFI utility token TMT.The GOAL token, which has yet to be released, is the DAO token for all application scenarios in the whole TopGoal ecosystem. The GOAL token will have numerous use cases, such as deciding which players to sign during drops, which clubs to collaborate with and even funding a new football club.The TMT token is owned by the community of TopGoal’s first GameFi application, TopManager, with no team, investor, or advisor allocation. TMT functions as SLP in Axie, but the team will focus more on the long-term sustainability of the token.There will be 100 million initial token allocation managed by the treasury for NFT based incentives, airdrops, DeFi, operation and marketing purposes. Once the game goes live, the system will mint TMT tokens according to the gaming economic system to make sure it matches the needs of the user and ecosystem growth and balance of tokenomics.As with most GameFi utility token designs like SLP, there is no hard cap in the current stage. The key is the dynamic balance between token utility in the ecosystem, user growth as well as tokenomics design to maintain positive value creation of the ecosystem itself.TMT TokenomicsConsumptionIn the current stage, the TMT tokens will be consumed in TopGoal NFT drop sales on our official website and its first GameFi App TopManager.1 — TopGoal NFT drop sales on the official web platformIn the future, TopGoal will allocate a certain percentage of the official amount of NFT boxes/packs to enable TMT-based sale mode in each new drop. The details will be announced later. All TMT acquired during this sale mode will be deposited into an official address managed by the DAO in the future and used purely for community benefits such as drop incentive events in TopPrize, airdrops or even to be burned.2 — TopManager, TopGoal first GameFi appa. In-game consumable itemsb. Inherit and merge of skills of NFT player cardsc. Purchasing real estate resources in the TopGoal metaversed. Tournament ticketsAbove consumption, scenarios will be released in different stages of the game. Also, there will be more staking scenarios in the DeFi applications.CirculationIn the current stage, the main focus is to grow the ecosystem, so we foresee the total amount of circulation supply will increase while more users join and the ecosystem market value becomes larger and larger. In addition, increasing supply does not mean the token value will become deprecated.As the user base and community grow larger, demands will increase spontaneously. These demands will drive the TopGoal NFT and token prices to become sustainable. A perfect example is Ethereum. As the TMT token is owned by the community, the team will ensure the balance between growth and distribution strategy from the above-mentioned cases to make it more sustainable.As the release of this recap, TopGoal has just launched liquid pool of $TMT/BUSD pair on both Pancake and Mars Ecosystem. Mars Ecosystem will also add an extra TMT — USDM pool with mining incentives. Besides the substantial progress TopGoal made in DeFi, it plans to release S3 mystery boxes in January with 3 football stars. The alpha version of TopManager will be also scheduled to launch in late January and TopGoal will cooperate with more industry-leading partners to grow its ecosystem and brand awareness. Stay tuned for the upcoming news!

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