Seedworld, a gaming platform powered by Web3 technology, has officially announced that the Seed Roots sale will commence on September 30th. This sale offers participants the opportunity to own NFTs that will enable them to influence the development of the ecosystem and earn rewards in the form of the upcoming $SWORLD token.
Understanding Seed Roots
Seed Roots are the cornerstone of this Roblox-like gaming platform, allowing holders to provide grants to creators and earn additional $SWORLD tokens. As these creators craft engaging blockchain gaming experiences, the homeowners of Seed Roots can witness the growth and viability of the ecosystem firsthand. With a total supply of 20,000 assets divided into 30 distinct tiers, there’s ample opportunity to participate.
Utility of NFTs
By investing in Seed Roots, holders can directly support developers and creators through grants without the need for traditional DAO voting processes. Whether you choose to support creators independently or in collaboration with guilds is entirely your choice.
Your contributions to promising teams and solo developers will enable you to earn $SWORLD rewards as ecosystem activity increases. The more transactions occur involving either $SWORLD or fiat converting into Ame, the game’s currency, the greater your daily token rewards. Notably, owners will receive 30% of the total $SWORLD supply, alongside information on a referral program initialized at Tier 7, offering a 15% rebate for referrers and a 5% discount for buyers.
Additionally, developers plan to allocate 15% of sale revenues to buybacks of $SWORLD tokens from the market. There are also prospects of linking these assets with Land NFTs to cultivate synergies between various asset types, enhancing features and income opportunities.
By purchasing Seed Roots prior to the $SWORLD Token Generation Event (TGE) scheduled for October 11th, buyers will receive a 20% token unlock upon the official launch.
5-Phase Rewards Strategy for Seed Root Holders
To maximize benefits for Seed Root holders, developers have devised a 5-phase rewards strategy aimed at enhancing earning potential:
- Phase 1: Hold Seed Roots and stake $SWORLD for additional token earnings.
- Phase 2: Increase token earnings by connecting Seed Roots with Land NFTs.
- Phase 3: Unlock new functionalities and boost rewards through upgrades.
- Phase 4: Link more Land and utilize in-game features like crafting and upgrading for extra rewards.
- Phase 5: Generate Seeds to enhance your rank and share in the reward distribution by providing grants to creators and builders.
Besides voting for grants and creator programs, holders can generate additional Seeds by customizing and upgrading Seed Roots, staking $SWORLD, linking with Land NFTs, and collecting unique crafting resources available on the Lands. To fully harness the potential of reward generation, optimize your engagement in these activities to gather more Seeds, fostering greater profits.
Enhancing the ecosystem’s foundational assets not only enables connections with Land NFTs but also offers customization options for advanced upgrades, allowing you to personalize experiences within the metaverse in innovative ways.
Seed Roots Sale Mechanics
The sale encompasses a structure of 30 Tiers, totaling 20,000 Seed Roots for acquisition, with lesser supplies available at higher tiers. The Tier 1 sale starts on September 30th at 1 PM UTC, featuring a supply of 1509 Seed Roots available for $500 in ETH each, with a forthcoming FDV of $33.3 million.
The first six tiers impose specific criteria for participation; however, starting from Tier 7, the sale will be publicly accessible. This public offering begins on October 4th at 1 PM UTC, providing 943 NFTs at a price of $1130 in ETH each.
Be aware that any minted NFT from any tier will be locked for transfer for 12 months, although exceptions may apply for compromised wallets, as detailed in the official FAQ.
For a detailed distribution based on tiers, refer to the image below, and for comprehensive pricing information per tier, check out this spreadsheet. To learn more about the Seed Roots sale and the cornerstone NFTs of Seedworld, visit the official announcement.