Understanding Pumpopoly's Tokenomics Model
Basics Pumpopoly is a virtual real estate simulator built on the NEAR blockchain . Property prices are denominated in Pumpopoly tokens. Lands are bought and sold in-game with these native tokens. The token contract adheres to NEAR's fungible token standard . Pumpopoly tokens are interoperable with all platforms which support this standard. Tokens can be traded at Ref.finance for NEAR, where a swap pool already exists. Issuance Tokens are issued directly from the game's smart contract. Users can choose to purchase tokens from the swap pool or have new tokens issued. New tokens are issued along a price curve. The issuance price increases along the curve as tokens are issued. Here are two views of the curve at different zoom levels. The blue point illustrates the current price and issued volume. Figure 1. Close zoom displays a straight line of growth. Figure 2. Expanded zoom displays exponential growth Both lines depicted in figures 1 and 2 exist along the same price curve. Th...