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Marketplace

Marketplace Reward Pool (MRP)

2min

This represents upcoming functionality in ULAND, and is subject to change.

Please see our Roadmap for further details.

What is it?

Think of the Marketplace Reward Pool (MRP) as a smart contract or wallet. It accumulates $ULAND Token and distributes them as rewards to users based on certain in-game activities.

How does it work?

Every transaction in ULAND, from Virtual Land sales to Marketplace Items and future offerings, contributes a percentage to the MRP. This accumulation enables us to reward users for various activities within ULAND.

One such rewarding activity includes selling items (eg. Natural Resources) back to ULAND via the Marketplace. The volume of ULAND Tokens in the MRP directly influences in-game dividend rewards since it ties into the Dynamic Market Rate. This algorithmic rate governs the Buy/Sell price in the ULAND Exchange, ensuring a bustling and rewarding marketplace for our users.

Updated 26 May 2023
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