KENKA METAVERSE
Light Paper

Ver.1.0.0 2022/07/25

⚫

Introduction⚫

Overview⚫

About the Economy⚫

Team Members⚫

Disclaimer

Introduction
KENKA METAVERSE is a blockchain game inspired by the undergroundworld. The game ecosystem is designed to have an immersive Play to Earnexperience, where players can train their characters and by having a “KENKA”,
meaning fighting in Japanese, to gain fame and fortune. Land, squads or brothers, andother items in the game are in NFT and tradable. By bringing these items together andforming guilds with other players, you can participate in a robust community than in
traditional games.
What KENKA METAVERSE discerned from the other projects is the economy
that is being designed. Many of the projects introduce themselves as decentralized
projects, but the truth is, most of them are not. The economy is closed and the majorityof external capital inflows are coming from investors and newcomers buying and selling
tokens and NFTs. Therefore, whenever the newcomers stopped entering the game, itcollapsed instantly. KENKA METAVERSE will build a sustainable service by connecting
to the real world economy through a billing system like traditional social games andadvertising revenue from sponsors, and by intentionally creating a "layer of balancedeficit”.

This light paper will introduce the functions and elements of KENKA
METAVERSE, and most importantly, the concept of the designed economy. Although
the project is still at the early stage and may be subject to change due to various
factors such as technical, legal, and tax issues, we hope to convey what lies at theheart of the project.

Feature1.

Single Play

Explore around the city and have a “Kenka”, meaning fighting against NPC.
By winning the battle, players are able to earn the token or the opponent may joinplayer’s squad and become your “brother”.
2.

Main CharacterCan dress up with items that players have acquired.
The more items players acquire, the stronger character will be.
3.

ShateiIn this game, your allies or your squad members are called the Shatei. Basically,
Shatei will be the trainers who train your character and partners who support you.
Shatei can help you in many ways by training in the gym, running and protecting the“Shima”.
4.

ShimaThe land in this game is called the “Shima” and there are various roles. Owning aShima allows you to regularly earn revenue and use the facilities that are built in theShima. The more Shimas you own, the more advantageous to play the game. The
number of people (e.g. number of audiences, maximum number of votes) that can beaccommodated in the facility varies depending on the location and the size of theShima.

Followings are some of the Shimas with special facilities:●Gym
Players are able to train their characters in the gym. Methods of training vary from gymto gym. Owners of the gym can set their trainer NFTs and players are able to learn thetechniques. Players need to pay the fee to use the gym, and this fee is used togenerate revenue for the owner. Gyms used by star players or fighters will attract many
players who want to get stronger.

●ArenaIn the arena, players can fight with players from all over the world and earn the prize
by winning. Non fighters in the arena are able to bet and predict the winners.
Fighting tournaments or events can be hosted in the large Shima and can predict notonly the winner of each match, but also the winner of the tournament itself.

A certain percentage of the profits generated from bets is allocated to the parties
involved and is used to distribute to the owner's earnings, to each fighter, and to covermanagement fees.

●Bettings
At the betting area, tokens are used for purchasing the mini-game points, which canthen be used to play a variety of games, including slots and poker. The types of games
vary from Shima to Shima, and the points accumulated from winning games can beexchanged for NFTs that can only be obtained in this area. The revenue generated willbe the owner's earnings, excluding commissions.
Notes*The specifications are subject to change to ensure that there are no legal problems.
*NFTs will be owned by the players, and can be used or traded.

●Market
NFT can be traded in the market.
There is a fee for buying and selling on the market.
Guild
The guild can be created by multiple players. The number of people that can join
depends on the number and the size of shima you own. Within a guild, you can give
preferential treatment to your team, such as allowing members of the same team touse the gym for free. It will be easier to proceed the game by working together bycreating a stronger guild.

About the Economy
KENKA METAVERSE will create a sustainable Play to Earn service by designing theeconomy by categorizing with 2 stages and 4 groups of users.

The Economy of KENKA METAVERSE
1.

Stage

The term "stage" is used in the description and is conceptual and there is no clear
division of stages to play in the game.

●1st Stage
the part of the game that can be played without any NFTs like the other social games.

●2nd Stage
The part of the game where players play using NFTs as a Play to Earn service is what
we call the "2nd stage”.
In fact, each user can play both stages at the same time, but cannot play at the 2ndstage unless the player has the required NFTs.

For example, Shatei from the regular in-app purchases can only be usedin the 1st stage; Shatei purchased as NFTs can be used in the 2nd stage.
※If Shatei obtained in the 1st Stage is minted, able to use it in the 2ndStage.

1.

Groups of Users
KENKA METAVERSE categorizes users into four types according to how they play:

Guild Masters and Players are the "Entertainers" and Follower and Gamers are the"Enthusiasts". Users who contribute to the game by entertaining other players can earn
tokens. Players who simply enjoy the game can make regular in-app purchases, or any
disbursement with any other points.

●Guild Master
Group of players focusing on earnings.
The land in KENKA METAVERSE is called “Shima”. Players belonging in this groupare able to earn by creating guilds, cooperating with other players, and holding“Shima”.
Guild necessarily does not need to be run by a single player. Multiple Guild Masters
can bring their own Shima and form an even bigger guild. Members from the guild canbe given preferential treatment, such as free use of the gym, thereby training members
and encouraging players to become the star. Guild Masters are like the gym owners,arena owners, and esports head coaches in the real world.

●PlayerGroup of players acquiring both fame and wealth.
Earn from the fighting tournament and possible to earn from ads revenue.
Most of the players will be aiming for this group and will be the symbolic players of thisgame. Imagine a professional fighter or professional esports athlete in the real world.
This group includes not only the top-tier players, but also players from regional
leagues, so there are many more players than most people imagine.

●Follower
The most common players of KENKA METAVERSE.
This is the group that focuses on having fun while earning tokens in single-player orPVP.
The player can train in the gym, buy NFTs at the market to strengthen the character
and aim to be in the Player group, or play in mini-games in the betting hall. The mostpromising role is to keep on pushing for the Player in fighting tournaments. By betting
on the winners and losers, they become an important constituency that
enthusiastically supports the Player and encourages the Player to become a star.

●GamerGroup of players mainly play for free
Basically, players belonging to this group do not own NFTs and are playing the gamefor free. The difference with the group, Follower, is whether or not the players have NFT
items and are eligible to play in the 2nd stage. By accumulating some token by playing
in the 1st stage, most of the players in this group will aim to be in the Follower group.
Exchanging token, buying the token, and betting will motivate the players to play theblockchain games.

Conclusion
To sum up the economy of KENKA METAVERSE, the Guild Masters organizes thegym and hosts the fighting tournament where Players fight to make the audienceelectrified. The groups of players in Follower and Gamer will bet on the fighters fromthe Player group and support them. This leads to the creation of real star fighters like inthe real world.
The tokens spent on in-app purchases and bets are used to maintain the economy.
The rise of a super star also brings sponsors and advertising fees into the economy aswell. The advertising fees are not only used to generate revenue for the Shima owners
and fighters, but again, it will be used to maintain the economy.

Team Members●TTX. Inc
●Development TeamWEARE Inc.

Disclaimer
This document is for informational purposes only regarding KENKA METAVERSE andis not financial advice regarding investment in the services and related media offeredby TTX Games. In addition, the information contained is based on current development
plans and is subject to change due to legal compliance, technical issues, or for any
other reasons. On top of that, the information and perspectives, analysis, etc. are only
assumptions within the project and do not facilitate investment decisions, and users
should be aware of the associated risks of investment. Some countries do not haveclear laws and regulations regarding blockchain projects and crypto assets, andchanges in laws or regulations may result in the loss of invested capital.
Investors should fully consider the risks and take responsibility for all corresponding
consequences of their decisions. Possible risks include, but are not limited to, changes
in government agency policies and regulations, compliance, business cycles, hacking,delays or failures in technical development, management risk, and price volatility.