🌳The token economy and ecosystem of MetaGauge

The MetaGauge ecosystem operates with two tokens: the utility token 'ROD' and the governance token 'MGR'. The utility token, obtained solely through user location-based (GPS) mobility data, operates as a 100% mineable token with no issuance limit.

The utility ROD token will serve as the foundational token within the MetaGauge ecosystem, utilized for Composable-NFTs, Game-Fi, and the platform's internal marketplace.

The MGR token allows users to access the MetaGauge marketplace with reduced fees based on their holding amount and lock-up period. Additionally, users can enhance their mining power for the utility token through various means such as different modes of transportation, distances traveled, time spent, frequency of travel, speed, and input of origin and destination, thereby acquiring more ROD tokens, MGR tokens, and Parts NFTs.

Composable-NFT holders in the MetaGauge ecosystem will have priority participation rights in governance land ownership, centered around landmarks worldwide. Landowners in the virtual world will be able to generate revenue by creating various game module contents based on real-world location (GPS) data and trading them on the marketplace. They can also earn module usage fees from participants, provide challenges such as campaigns to participants within their virtual world, or generate revenue by renting out Parts-Items to others through the "certified rental operator system."

For instance, users can purchase NFT car racing track modules proportional to the distance covered by real-world location (GPS) data and organize car races, or offer various challenges such as campaigns to participants within the metaverse. Users can also monetize by exposing advertisements on objects such as roads and buildings along their real-world location (GPS) data movement paths. Certified rental users holding several high-rarity Parts-Items can earn rental fees by renting them out to users with longer travel distances. Overall, MetaGauge aims to create an innovative integrated mobility data ecosystem accessible to everyone through Mobility to Earn, based on Web 3.0 technology.

MetaGauge plans to implement a unique E-Commerce platform based on mobility location (GPS) data, connecting it to real-world Mobility after Market sectors such as automotive accessories, car wash, and maintenance. This will be a core business implementation within MetaGauge's token economy.

In particular, the Composable-Parts NFTs, validated through MetaGauge's Web 3.0-based GPS data verification method, will become key assets in the future TaaS (Transportation as a Service) business ecosystem that MetaGauge aims to establish. Parts-NFT and MGR token holders can generate revenue through peer-to-peer delivery transactions in real life, sell products and services in the metaverse, or connect to innovative P2P E-Commerce platforms for delivery and storage.

MetaGauge DApp services are poised to grow into an integrated mobility location (GPS) data platform where global users can engage. Users will be able to input their mobility data directly, including origin, destination, waypoints, and mode of transportation, and share it with other users on the platform, thus instantly connecting globally 24/7 through the TaaS ecosystem.

In this scenario, users wishing to travel through mobility will be automatically matched with logistics data to perform delivery, generating additional income through delivery fees in MGR tokens. They can also acquire achievement boxes at their destination, create limited edition Parts Items, and experience special Web 3.0 experiences.

The MetaGauge ecosystem aims to prioritize user engagement in daily activities closely related to mobility through "Mobility to Earn." Users will experience remarkable economic incentives based on their contributions to the ecosystem and the CCCP-NFTs utilizing MetaGauge's blockchain-based Web 3.0 GPS data verification technology.