How the reward distribution program will work at NFT Stonkers?
Like always I will keep it short.
Firstly, let me begin by sharing where will the funds needed for prize pool come from.
I have given a range to consider the possibility of project expenses going out of whack, and to account for unknown variables.
What the heck is Investments in Emerging NFT Projects?
I am glad you asked. It is tentative and nothing has been finalized yet. However, the rationale behind thinking in this direction goes like this. Last few days, I gave a deep thought on how I can actually create additional value for the project. Like me, most of you (stonkers) don’t get to participate in initial big launches (like land sale in Alienworlds) because of the big ticket size.
Guess what, it is not just you or me now. We have pooled in our resources and we are stronger than ever. So, my idea is to find such great investment opportunities and multiply the prize pool multi-fold (thereby create more real value). Of- course, we need to set up expert team first and if we start this, it is going to take us a little bit of time to see the results. We will discuss about this more later.
What about the prize pool?
Yes, I know this is the whole reason you are reading this article :) . So, here is how the distribution of prize pool is going to be.
Every month we will decide a specific split between Grand Prize Pool and Holder Prize Pool. Since, currently we only have holder prizes, 100% is assigned to it.
Details about the grand prize pool will be added later.
Within the Weekly Holder Prize Pool:
There are 3 types of rewards
- WAX Rewards: Every week the total allocated weekly wax will be distributed as follows:
Notes
- If certain rarity stonks don’t exist, then the allocated rewards will be split equally among other rarity stonks
- If Early Adopters Badge holders rewards are not distributed, then they will flow equally to all other categories above.
- Mint #1 to Mint #5 will get 1.3x boost on these rewards
- 1.3x Boost doesn’t apply to Faulty badges but faulty badges will have all benefits like their equivalent badges.
- Creator and related persons will never win the prize pools
2. Stonk Points — These points are like an in-game currency which will be useful in various future uses including the grand prize pools (monthly). The allocations of stonk points are as follows:
3. NFT Drops — Random card holders will be selected to win the drop. More cards you have, more likely you are to get the drops
Want to join our community? Here are our official links:
Discord — https://discord.gg/AuRCzpRV
Twitter — https://twitter.com/NftStonkers
