A Report on MUS Guild
MUS Guild is a metaverse and play-to-earn guild which invests in gaming assets and other interest-generating NFT’s and offers employment to gamers who spend their time, effort, and energy to generate value from a game, thus also becoming an onboarding platform for people to the metaverse.
Our biggest investment so far is in Axie Infinity which has shown proliferative power of shared economies in gaming through its play-to-earn and scholarship model. We believe, this is the beginning of the virtual economy. A new economic frontier that may just be the answer to the generational wealth gap.
We have outlined a report below, detailing our achievements with MUS and how we foresee our future.
MUS was started in August with an experiment to try out how the new play-to-earn and scholarship model worked, with just 2 scholars. After witnessing the financial, cultural, and social impact, our scholarship model made to our 2 scholars in just 2 months, we realized that the future of gaming lies on blockchain where most of the upside/revenue generated by the team is distributed back to the community which creates a network effect for the success of the game.
This is the intersection of technology and societal change, and we believe this is the future.
Without much adieu, we crowdsourced a small sum of $650000 from friends and started expanding on our goal of building in the metaverse.
Scholarship and Community Update
As of today, MUS Guild has offered 50 scholarships to aspiring and passionate gamers from across the world. 95% of our players are from the Philippines, while the rest are from India. We are seeing growing interest from Indians to participate and earn employment in this new virtual economy.
We have around 2000 community members on Discord with >500 people on the waiting list, to be scholars of MUS Guild.
Revenue Estimates
Each scholar is expected to use their pets to battle in either adventure mode or arena mode where each victory nets them a certain amount of SLP. SLP is a native currency of Axie which is used to reward players who win in each game. Earnings/victory depends on the level of players and who they are battling against.
Each scholar is expected to generate 150 SLP/day through daily battles and activities. Our trainers spend extensive time and effort an all our scholars to improve our game. Some of our top scholars generate 200-250 SLP/day. At an average of 150SLP/day for 50 scholars, we expect to farm 7500SLP/day and 225,000 SLP/month.
At an average price of 0.1 USD/SLP (this is a 90-day time-weighted average price), it nets us a monthly revenue of 22,500 USD and an annualized revenue of 270,000 USD.
This revenue then gets split between the scholars, managers, and the guild.
1. 50% — Scholars
2. 5% — Trainers
3. 45% — MUS DAO
So at an annualized revenue of 270,000 USD, we expect an annualized operating margin of ~106,920USD with just 50 scholars.
ROI Estimate
We have also calculated the time needed to break-even even our cost of forming a team which currently comes to 4.15 months at the current rate.
Value of NFT’s in Inventory
The following outlines the range and estimated market value of the NFTs owned by MUS.
In terms of net value,
1. Axie amounts to ~70% of total holdings
2. Lost Poets amounts to 30% of total holdings
The majority of this fund will be used to achieve the following goals —
1. Scale our Axie scholarships from 50 to 500 scholarships which will fetch us an increased revenue of 45000USD/month and an annualized revenue of 500,000USD.
2. Buy land as digital real estate in Lunacia (name of the Axie nation) which we believe will have greater utility than the pets in the future when the land gameplay launches.
3. Partner with new and early-stage play-to-earn games
A full list of MUS wallets can be seen below with links to various explorers, each with its own functionality.
1). 0xB1E646eD4fE3208b0A322c8633f000092bde53Bd — Etherscan
2) ronin:e031615928adf6922982413232f326a41e625bfe — Ronin
We believe the future of employment, ownership, and livelihood will be generated from the metaverse/virtual economy and people from all over the world will begin to engage with crypto-enabled games or creator environments for primary/supplemental income and MUS wants to sit at the forefront of it.
For more information about MUS, join the MUS Discord or follow us on Twitter for future updates.
