Many axie owners have an abundance of low-level and suboptimal axies that are sitting dormant in their accounts. These axies aren't often utilized because they don't have the desired genes and abilities to make them competitive in PVP, which helps to maximize their SLP earnings. Also, axies are often sold at a floor price ($150-$300) to recover breeding costs, or left dormant, awaiting favorable market conditions. This provides MetaBrands with an opportunity to manage these assets and create an opportunity for everyone to benefit.
MetaBrands has been testing this model independently with over 100 teams for the past 4 months and the results are shared below.
MetaBrands is supplying two models for Axie Scholarship Programs that cater to every type of contributor: scholars, asset owners, MAGE token holders, and MAGE Relic NFT owners.
Axie Model A
Axie Model B
50% Scholar (+ MAGE Token, based on performance)
40% Scholar (+ MAGE Token, based on performance)
20% Axie Growth Fund
20% Asset Owner
30% Airdrops (MAGE Utility Token)
40% Airdrops (MAGE Utility Token)
In this model, MetaBrands will purchase axies to play in competitive (PVP) games to maximize the yield potential. The benefit of pairing high-end teams with competitive players for higher yield can result in the benefit of 3-5x more than suboptimal axies in Model B. The opportunity cost here is the upfront capital required to establish a MetaBrands farm, which manages the axies and breeding required to provide teams to scholars. The minimum expected result per team in Model A is 140 SLP per day (4,200 SLP per month), following the first month of gameplay, which is intended to give players an opportunity to become accustomed to the game and rules.
Model B engages and supports low-income communities by providing leased assets to scholars for an above-average salary as compensation, in exchange for their time to acquire in-game assets. These in-game assets can be sold on public markets to increase yield that is distributed to MAGE Relic NFT owners. This allows Metabrands to onboard up to 1,000 teams and start generating immediate yield for Airdrops. The minimum expected result per team in Model B is 75 SLP per day (2,250 SLP per month), following the first month of gameplay, which is intended to give players an opportunity to become accustomed to the game and rules.
Approximately $150,000 from the funds collected will be used to create the MetaBrands Asset Management Structure which includes players, trainers, recruiters, and managers. With this system in place, MetaBrands will be able to manage up to 1,000 teams, with a base yield of approximately $170,000 per month ($170 net profit per team) once 1,000 teams are fully deployed and achieving quota. In optimal market conditions, these yields would equate to approximately $300,000-$350,000 per month.