Tokens
$CRED
$CRED is the currency of the Metacrafters learning platform. One $CRED is equivalent to 1 USDC. This currency is used by Crafters to pay for courses and by Metacrafters to pay course completion rewards. $CRED is minted by sending Solana-native USDC to the $CRED token wrapping contract. The contract will lock the corresponding USDC until the $CRED is returned, burning it and releasing the USDC to the user.
$CRAFT
$CRAFT is the token of the Metacrafters game world. Unlike $CRED, $CRAFT has pure price-discovery dynamics on the open market and is not pegged to any other currency. It has a fixed supply of 1 billion, is pre-mined, and has a managed emission by the Metacrafters treasury. It is used in the Metacrafters rating and dueling system as described above. $CRAFT holders will also be able enhance their game play through access to exclusive areas within the game world, by purchasing Treasure NFTs, and by combining Treasure NFTs to craft new more valuable Treasure NFTs.
$CRAFT is also the governance token of Metacrafters. $CRAFT holders are able to submit and vote on proposals related to the following aspects of the Metacrafters economy:
Prices on goods and services on Metacrafters
New utilities for $CRED and $CRAFT to increase user loyalty
New curriculum
Partnerships with Sponsors and Mentors
$CRAFT Distribution: We are targeting 40% community ownership.
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