Introducing the Exciting Everreach Terminal
The Everreach Terminal is set to debut next week, bringing 28 days of exhilarating gameplay to players for Season 1. This launch is accompanied by exclusive rewards for NFT holders and the highly anticipated $EVER Token Generation Event (TGE) that is just around the corner.
Overview of Everreach Terminal
The Everreach Terminal is currently 90% complete and promises a variety of challenges designed to engage players. Participants will encounter:
- Quests to measure their skills
- Bounties to defeat powerful bosses
- Opportunities to earn $EVER tokens
Exclusive Perks for NFT Pass Holders
To participate in the Everreach Terminal activities, players need to mint specific NFTs including the Founders’ Pass, Krusher, or Lootbox via the official Everreach website. The minting process involves a crypto holding requirement and is guided by specific instructions on the platform.
Multiplier Breakdown
The multipliers for NFT holders are as follows:
- Founders’ Pass Holders: x4 multiplier
- Krusher Holders: x3 multiplier
- Lootbox Holders: Starts at 2.05x, caps at 2.5x (can be stacked with Founders’ Pass or Krusher)
- Partner Communities: x2 multiplier
Lootbox holders can combine their bonuses with other NFTs to enhance their rewards, although the more Lootboxes held will reduce the incremental boost with more stacking.
Understanding $EVER Tokenomics
Before exploring the Token Generation Event (TGE), it’s crucial to grasp the $EVER tokenomics. The $EVER token is engineered to be the primary currency within the Everreach ecosystem, facilitating seamless transactions and in-game purchases. Highlights of the tokenomics include:
- Total Supply: 2.78 billion tokens
- Private Round Price: $0.009 per token, with a Fully Diluted Valuation (FDV) of $25 million
- Public Round Price: $0.014 per token, with a $40 million FDV
Token Distribution
The tokens will be allocated across several key categories:
- Ecosystem & Community: 44.38% (1.23 billion tokens), released gradually over 60 months.
- Core Contributors: 20.06% (557 million tokens), vesting over 30 months with a 12-month cliff.
- Investors: 18.06% (502 million tokens), with 8.2% unlocking at TGE, followed by daily releases over 14 months.
- Private Round: 8% (222 million tokens), with 8.5% available at TGE, unlocking gradually over 12 months.
$EVER Token Presale and TGE Insights
The $EVER presale will occur only via the Everreach website, with contributions allowed from $250 to $5,000. Participation in the presale requires owning a Founders’ Pass NFT. During the presale, tokens will remain locked for a 3-month cliff period before they begin to unlock over 12 months.
Following Season 1, the Token Generation Event (TGE) will allow token holders to claim 8.5% of their allocated tokens, unlocking the remainder over time.
Presale Participation Details
Investors can engage in the $EVER token presale directly via the official Everreach website. Key details are:
- Minimum contribution: $250
- Maximum contribution: $5,000
- Open duration: Two weeks
- Access contingent on owning a Founders’ Pass NFT
Following the TGE, tokens can be claimed on the website, with the rest unlocking post-cliff and vesting periods. Look out for the sale link in the coming days.
Exploring Everreach
Everreach Labs represents a blockchain ecosystem driven by the $EVER token, set for use in in-game transactions, tipping, and other interactions. This rich ecosystem will bolster the upcoming game, Revenge, a collaborative first-person shooter where both players and spectators can impact gameplay. The platform also provides NFTs like the Founders’ Pass and various in-game items, facilitating engagement for players and investors alike. The game aims to deliver a distinct experience within the blockchain landscape, merging gaming and financial opportunities.
