👾IP economy

Our IP economy enables IP owners to monetize their IP assets by collaborating with UEFN and our ecosystem of map/game builders by utilizing their IP assets in our maps/games.

IP owners can propose to set up a collection vault on the UEFN IP protocol. For example:

Pudgy Penguin IP vault

Azuki IP vault

BAYC IP vault

Registering your NFTs into IP vaults

IP NFT owners from each respective collection can register their NFTs into the vault by burning X amount of $UEFN tokens per NFT.

Min burn will be 50 USD worth of $UEFN at time of registration. (subjected to governance)

Proposal to collab

Once registered, the NFTs will appear in the vault registry and will be marketed to game builders. If any builder entities wishes to collaborate with any IPs in the vaults, they will come with a proposal on:

1. What kind of games/maps/experiences they wish to build.

2. % of rev share to IP vault(s) involved.

3. How the IP will be used in the project.

4. Which assets (NFTs) do they wish to use.

IP vault owners (NFT holders that registered) will then vote on whether the proposals are go or no go.

IP Vault Economics

Vault Share

Every registered NFT under a certain IP vault has a score attached to it, called the Vault Share and is calculated as such:

Vault Share = (Amount of $UEFN token staked by NFT owner wallet that epoch)*(0.2*number of revenue generating (more than 100usd/month) games utilizing the vault)*(Twitter engagement boost)

Twitter Engagement Boost

Wallet boost:

If IP vault participants have their twitter account linked, any tweets posted/reposted that is related to UEFN x (their IP) for the current epoch contributes to an epoch based accumulative engagement score. Every epoch, they will be ranked and given the corresponding Twitter Engagement Boost to all their NFT(s) Vault Share based on the table below:

Rank	Boost
1st	2.5
2nd	2
3rd	1.75
4th	1.5
5th	1.4
6th	1.3
7th	1.2
8th	1.2
9th	1.1
10th	1.1
11th-N	1

Vault boost:

If any of the IP's official or affiliated influential twitter entities post/repost anything related to the UEFN x IP collab that epoch, the whole IP Vault will receive a Vault Share boost and is calculated as a function of the ranking of accumulative engagement score based on the table below:

Rank	Boost
1st	2.5
2nd	2
3rd	1.75
4th	1.5
5th	1.4
6th	1.3
7th	1.2
8th	1.2
9th	1.1
10th	1.1
11th-N	1

IP revenue from games

Revenue from maps/games (accordingly to the agreed upon rev share %) utilizing an IP Vault, A will flow to the NFT(s) holders within Vault, A and is distributed based on:

Game Revenue Distribution = NFT Vault Share / Total Vault, A Share.

IP revenue from protocol

5% of protocol revenue will flow to IP vault participants based on:

Protocol Revenue Distribution = NFT Vault Share/ Total Vault Share across all IP vaults.

What's in it for game builders to collab with an IP?

1. If a map collabs with an IP, the $UEFN tokens staked by the corresponding IP vault participants contributes to the map's staking boost.

2. Maps/games are more likely to be funded by UEFN if an IP collab is involved.

3. Exposure and marketing for the maps/games via IP's social reach