5.3 Incentive Mechanism Model

When NFT are minted, the ETH spent on minting the NFT is bound to the NFT as the value of the NFT. Through each round of value discovery game, the token is released linearly. The number of tokens released in each round is determined by the following formula.

The amount of token released in each round depends on A = σ = 1 (f(t) + g(t))

Notes：

f(t) = σNθ(t)VE

f(t) = The set of token rewards obtained by all game participants at time t

θ(t) = token coefficient at time t

VE = part of the ETH value lost by the player in the game

g(t) = θ(t)VN(t) β

g(t) = token reward obtained by the NFT owner at time t

θ(t) = token coefficient at time t

VN(t) = value of the NFT at time t

β = linear coefficient

The incentive model balances the rewards of early users with the need for liquidity release. With the release of liquidity and the growth of the total NFT value of the platform, the growth rate of ΣN A must slow down over time, and the overall trend is a function of log(ax)(a>1).