7.1.2.1.6. Burn & SaaS Systems

The Burn & SaaS Systems within Gameness introduces innovative mechanisms for engaging Web2 brands while maintaining and enhancing the Gameness ecosystem’s sustainability. Through this system, Web2 companies interacting with Gameness will engage in a combination of payment options, including token locking, burning, or redistributing rewards within the ecosystem. These features may be included in LockNess System as well.

Web2 Brand Payments and Token Mechanisms:

• Locking System: Payments from Web2 brands to Gameness may be subject to a partial locking system. In this approach, a portion of the payment is locked within the Gameness ecosystem for a specified period. This ensures stability and adds value to the ecosystem by maintaining liquidity within the platform, enhancing token utility, and supporting ongoing platform development.

• Burning Mechanism: A portion of the tokens received from Web2 brands through specific transactions can be burned, effectively decreasing the total token supply. This controlled reduction introduces scarcity, potentially increasing the value of the remaining tokens, thereby benefiting long-term holders and enhancing the overall token economy. The burn rate will be strategically determined by Gameness to maintain a balance between sustaining the ecosystem's health and driving token value appreciation.

• Re-staking & Redistribution: Alternatively, Gameness may choose to re-stake or redistribute tokens received from Web2 brands as rewards within the ecosystem. This could take the form of incentives for active users, tournament rewards, or engagement rewards, thereby boosting user participation and strengthening community engagement.

SaaS Dashboard Model for Web2 Brands:

Through the SaaS (Software as a Service) System, Web2 brands can pay for various services on the Gameness platform. These services may include tournament sponsorship, audience engagement solutions, data access, and promotional event partnerships. The SaaS model allows brands to benefit from Gameness’s extensive ecosystem and reach while making seamless payments using blockchain technology.