VoxNET

VoxNET is a blockchain-based metaverse that offers a unique and engaging gaming experience for players. One of the key features of VoxNET is its Bet-to-Earn model, which creates a sustainable gaming economy while also rewarding players for their contributions to the game’s ecosystem.<img src="https://miro.medium.com/v2/resize:fit:700/1*JQwQiauBXc4t68-3WZ2oEw.png" /><h2 id="header-0">How Does VoxNET’s Bet-to-Earn Model Work?</h2>In VoxNET’s bet-to-earn model, players can create a game with a specified wagering fee, and the prize pool is shared among the players based on the number of frags/kills they scored. For example, if five players join a match with a 100 VXON wagering fee, the prize pool would be 500 tokens. At the end of the match, the prize pool is split proportionally among the players based on the number of frags/kills they scored.<h2 id="header-1">The Advantages of VoxNET’s Bet-to-Earn Model</h2>One of the key advantages of VoxNET’s bet-to-earn model is that it creates a sustainable gaming economy. Unlike traditional gaming models where the prize pool is funded by the game’s in-game treasury or liquidity, VoxNET’s bet-to-earn model is funded by the players who participate in the match and place a wager. This creates a self-sustaining economy where players can earn tokens by playing the game and contributing to the prize pool.The house (the game’s operator) can introduce a wagering fee as a source of revenue, taking a percentage of the wagering pool as a fee. This allows the game to generate revenue while also rewarding players for their contributions to the game’s ecosystem.In addition, the bet-to-earn model creates a more engaging and rewarding gaming experience for players. By placing a wager, players have a stake in the outcome of the match and are incentivized to play their best and contribute to the prize pool.<img src="https://miro.medium.com/v2/resize:fit:700/1*3HbKQLdEDUlI2jnHVSYL6A.png" /><h2 id="header-2">Crafting, Looting, and Consumables: The Dynamic Features That Power VoxNET’s Sustainable Gaming Economy</h2>VoxNET’s economy is built on a bet-to-earn model that is sustained through the sale of consumable items in the game’s in-game store. The sale of these items generates revenue for the game, which is then shared with token holders in the form of dividends. This creates a self-sustaining economy that benefits players, game operators, and token holders.In addition to consumable items, VoxNET also features looting and crafting systems that allow players to acquire rare items and craft more complex items that offer in-game bonuses. These items can be sold on a global in-game marketplace to other players, further contributing to the game’s economy and providing players with additional ways to earn tokens.Furthermore, VoxNET’s bet-to-earn model ensures that the prize pools for PvP matches and PvE races are sustained by the players themselves. Players can specify a wagering fee when creating a game, and the prize pool is split proportionally based on the number of frags/kills they score. This incentivizes players to play the game and contributes to the game’s economy by generating revenue through the sale of consumable items and the creation of prize pools.

Understanding VoxNET’s Bet-to-Earn Model: A Sustainable Gaming Economy

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