Atlas Space Token is the primary currency that will be used in Atlas Space. It has been created in the ERC20 standard on the Polygon Network. All expenses, payments, and transfers that take place on Atlas Space will be made using Atlas Tokens. Unlike many other cryptocurrencies, the Atlas Tokens (ATLS) has been created out of necessity.
Atlas Space is a platform where the concept of open metaverse is fully realized and becoming more widespread day by day. As we mentioned before, unlike many other metaverse platforms, it is a metaverse that creates real value both in B2B and public usage and continues to develop. Just like all currencies that are created due to the need for money in activities such as trade and banking in the real world, there was also a need for a currency for many applications and implementations across the Atlas Space ecosystem.
Previously created cryptocurrencies such as Bitcoin and Ethereum cannot be used due to their volatility and inflation risks. We also couldn't use stable cryptocurrencies that are currently used in many places due to their negative past experiences and weak appearance against regulations.
Therefore, we had to create the ATLS in Atlas Space, where the risks of high inflation and high volatility are minimized.
ATLS, which is the primary currency of Atlas Space, is designed to increase by an average of 1.31% monthly inflation.
A total of 1,000,000,000 tokens have been created, and total circulation will be completed in 10 years. Initially, 180,000,000 ATLS will be in circulation on the market, and the amount will continue to increase by an average of 1.31% inflation per month.
This amount is determined based on the projected increase in the use of Atlas Space and therefore the currency usage within the Metaverse.
ATLS is a cryptocurrency designed by experienced professionals in the field, with a focus on avoiding fraudulent investment schemes or manipulative price inflation tactics. The team prioritized creating a more robust token economy that would present a stronger and more reliable appearance compared to previous iterations.
Efforts have been made to prevent both early investors and those who invest in ATLS at any time from experiencing negative experiences.
A token economy has been designed that will give investors confidence in the team's controlled tokens and will not allow early large or small investors to create high volatility. For this reason, the name METANOMY was chosen specifically for ATLAS SPACE.