In this paper, we studied a nonlinear metamaterial based on the nonlinear damping effect. The proposed design combines a linear host cantilever beam and periodically distributed inertia amplifiers as nonlinear local resonators. Firstly, the geometric nonlinearity induced by the inertia amplifiers is studied to reveal the amplitude-dependent damping effect. Secondly, a modal analysis method is implemented to form a lumped parameter model for the nonlinear metamaterial. This model is further solved by a numerical harmonic balance method under periodic base excitation. Finally, the nonlinear energy transfer inside the proposed design is studied to investigate the nonlinear interaction between local resonators and different vibration modes. The theoretical results show that the bandgap is amplitudedependent, broadened, and gradually degenerated due to the nonlinear damping effect. It also further leads to an efficient modal dissipation capacity of the host structure, which has significant potential in shock wave mitigation.