Introduction

Myobu is an Ethereum project which has successfully moved beyond the 'meme token' label, by becoming a community focused on generously giving back to its members. It's named after celestial foxes who guard shrines to Inari, the Japanese god of the harvest.

With the Myobu Protocol's power, they've developed various unique and interconnecting community platforms and Play & Earn games (P&E). Myobu strives to construct serious products with real-life utilities that could benefit the web3 world and individuals' lives.

Join other Guardians and explore a one-of-a-kind decentralized community, GameFi ecosystem, NFT Marketplace, and metaverse experience inspired by Japanese celestial fox spirits.

Web3 Explained

Web3 has become a catch-all term for the vision of a new, better internet. At its core, Web3 uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership. A 2020 post on Twitter(opens in a new tab) said it best: Web1 was read-only, Web2 is read-write, Web3 will be read-write-own.

Myobu GameFi

Myobu has created a fun and rewarding gaming community by developing a suite of on-chain gaming options, Myōbu will give our members a way to participate in the play-to-earn revolution.

HIKARI

• Competitive trading card game

• Collection of rare NFT cards

• Sponsored tournaments

• NFT marketplace

KATANA

• Hardcore Roguelike adventure game

• Procedural generated fantasy world that evolves over time

• Tradable NFT items and equipments

• A unique and immersive experience

YUME

• Fully developed gaming ecosystem

• High fidelity open-world MMORPG metaverse powered by Unreal Engine 5

• In-game governance with Myōbu token

Realm

Realm is a decentralized social network and DAO built on Myōbu Protocol and MNS. It allows users to create their social network and invite their friends to join. Users can post notes on Realm to share their thoughts and ideas, make proposals, and vote on proposals.

Realm will also be the web3 version of Steam, where third parties can create their games and publish/sell them on Realm. They will also allow users to trade NFTs on Realm.

Myobu Protocol

Myobu Protocol is their core product that aims to become the bridge between web2 and web3 that helps developers to construct robust, persistent, and real-time web3 applications quickly. All of their products, such as MNS, Realm, are built on top of Myobu Protocol.

Myobu Protocol mainly consists of the following components:

Tokenomics

About $Myobu

$MYOBU is available as both an ERC20 (Ethereum) & BEP20 (Binance Smart Chain) token. Graduating development fees are collected on both buy & sell transactions but will never exceed 5% in either case. Fees collected are allocated to specific buckets: development, staking, play-to-earn, DAO & Shrine. Myobu holders are currently able to stake their tokens to earn ETH and/or BSC rewards.

With Myobu staking, investors can choose single-stake or LP staking. You decide how long your tokens are locked. Anywhere from 1-52 weeks. The longer you stake, the more weight you hold in the pool compared to others. The staking rewards are also dependent on volume, so as the volume increases, so do the rewards for stakers!

Internal snapshot capabilities have been added to $MYOBU to allow for future DAO functionalities. They enjoy DAO governance over the community DAO fund and certain aspects of the ecosystem. Myobu focuses on Play&Earn (P&E) rather than Play-to-Earn (P2E) because they believe people should be rewarded for gaming. Myobu ensures this idea is at the core of developing their own Gamefi ecosystem.

The team aims to build serious products with real-life utilities that could benefit the web3 world and individuals' lives.