LocoMeta

Introduction

LocoMeta is a blockchain-based business metaverse centered around NFTs, staking, and farming on the Binance Smart Chain network. It utilizes a mint-to-earn model by allowing players to own and purchase NFTs and earn LOCO tokens.

Gameplay

LocoMeta provides NFTs to players who have their own levels and features. Players can own a wagon, deploy tickets, sell seats, and hire machinist NFTs. Multipliers for each NFT are determined by their levels. They determine the ticket prices, the quantity of ticket production, the seat production time, and the machinist distribution time. Tickets represent daily production amount, seats indicate distribution days, machinists determine how fast your wagon will go.

To start producing, players need to own a wagon. This allows players to travel. In order to get daily production, players can buy ticket NFTs. The standard LOCO distribution period is sixty days. Players can own seats and machinist NFTs to reduce their production cycles.

Token Information

The primary use of the LOCO token is as the native in-game currency of the Locometa universe. The currency is used to purchase items in-game, swap for NFTs, repair damaged items, purchase fuel, and more.

The Locometa token will be used to purchase and swap for NFTs in-game and outside the game world. The in-game auction houses will allow players to list their NFTs for sale and swap them for the Locometa token. Additionally, the Locometa token can be staked and used for farming outside the game universe. When users stake or use the token to farm, they will receive rewards. 

The Locometa token is connected to and synchronized with the Binance Smart Chain. As such, it can be easily, quickly, and cheaply sent from one wallet to another on the network. It can also be sent into and out of the Locometa.