Playermon, the virtual universe where players interact with space companions called Playermons, has achieved a more stable in-game economy by burning a substantial portion of its SGEM tokens. With the current supply reduced to 3,960,981 SGEM from 19,454,142, the game's economy is expected to benefit from enhanced value and stability.

The recent DAO vote, supported by the community, has approved an expansion of the rewards program for Playermon's top 100 players, up from the previous 50. This change aligns with Playermon’s long-term growth strategy and fosters a more inclusive and competitive gaming environment.

Playermon CEO Jisheng Tan expressed gratitude for the remarkable backing of the SGEM burning initiative by the community. Emphasizing the company's commitment to building a sustainable game economy. He added that, “Our goal is to create a sustainable game economy, and the recent burns, combined with the expanded rewards program, are key steps towards achieving that.”

Further, SGEM tokens serve multiple purposes, including player incentives, leaderboard rewards, and essential for gameplay elements like purchasing energy for adventures. The burning mechanism is crucial for reducing the token supply, thereby maintaining SGEM's value and keeping players engaged and invested in the game.

In the upcoming competitive season, an enhanced rewards system is on the horizon, motivating players to gear up and strive for top positions. The rewards will encompass in-game assets and extra SGEM tokens, elevating the gaming experience and offering substantial incentives for those who excel.

Playermon's latest updates showcase the company's strong focus on community-driven progress and sustainable economic strategies. To delve deeper into the SGEM burning initiative, enhanced rewards, and other key developments, head to the official Playermon website or their DAO platform.