Today, we’re going to dive into what’s going to happen around our exchange listing. Yes, that most exciting of days is coming up very fast!
Wizardia’s $WZRD token sale is continuing on a variety of launchpads. And more than 8000(!) NFTs have already been sold on wizardia.io. Recent Medium articles have explained $WZRD utility when the full game launches and how backers can secure tokens via our Launchpads. What’s the missing piece of the puzzle? Staking.
If investors are hoovering up our tokens (and NFTs!) fast, what’s in it for them? Some might be ready to sell when our exchange listing goes live. Many will be betting on the future of our game in development and looking forward to their in-game utility. But there are also direct and generous rewards for holding onto your tokens. Staking is the name of the game.
Wizardia Listing
Let’s start with the basics. Next week, the schedule looks like this:
💸 Listing — March 24
A total of 300,000,000 WZRD tokens will be minted during the token generation event (TGE), split across seed round, private sales round, community round, P2E/staking, team/advisors, and marketing/listing budgets. A grand total of 120,000,000 $WZRD tokens are dedicated to the staking and P2E reward pool.
$WZRD Token Staking
Upon listing, wizardia.io will feature a staking page where token holders can lock up their $WZRD tokens for a period of time in exchange for a very special selection of rewards.
Three staking pools will be created, with different levels of reward if you stake for 4 months, 8 months or 12 months. You can stake up to 20,000 $WZRD tokens in each pool.
- Token stakers will receive a generous number of $WZRD tokens in exchange for continuing to hold their tokens.
- Those who stake for at least 8 months will be entered into weekly contests to win Wizardia NFTs: both the most sought after Wizard NFTs and Arena Genesis NFTs (only for 12 month stakers though!) will be offered as prizes.
You can visit wizardia.io/staking and experiment with our staking calculator to find out exactly how much you can earn, but here are a few examples:
🥉 Staking for 4 months gives you an APV of 31%. For example, with a maximum stake of 20,000 tokens and considering a $WZRD token price of $0.12, you would stand to gain 6200 $WZRD worth $744.
🥈 Staking for 8months will get you an APV of 53%. With a stake of 20,000 tokens and with a $WZRD token price of $0.12, your staking rewards would be 10,600 $WZRD, worth $1272.
🥇 Staking for 12 months rewards you an APV of 114%! Staking 20,000 tokens and with a $WZRD token price of $0.12, your staking rewards would be a grand total of 22,800 $WZRD tokens, valued at $2736.
In addition, everyone staking will be entered into weekly draws to win bonus NFT prizes. If you stake for at least 8 months, you’ll have a chance to win:
🧙♂️ 100 Wizard NFTs (worth $7700)
If you’re staking for at least 12 months , you’ll be in the draw to win:
🏟 50 Arena Genesis NFTs (worth $12k)
Please note: once your tokens are staked, they’re locked and you won’t be able to remove them from the staking pool until the staking period ends (4, 8 or 12 months).
Wizardia Tokenomics
With token sales well underway and TGE coming up soon, let’s take a look back at the tokenomics of the game’s $WZRD token.
Wizardia $WZRD Token Distribution and Vesting
🌱 Seed Round — 5%: A total of 15,000,000 tokens will be made available for participants of the seed funding round, amounting to 5% of the overall number.
🌱 Seed round tokens were available at a price of $0.06 per token. In the week following the completion of the TGE, 10% of these tokens will be released to investors, and the rest will be subject to a 12-month vesting period after an initial 2-month cliff period. TGE month tokens are subject to daily vesting.
🕴Private Round — 15%: A total of 45,000,000 tokens were made available for participants of the private sales round, amounting to 15% of the overall number.
🕴Private round tokens were made available at a price of $0.08 per token. In the month following the completion of the TGE, 15% of these tokens will be released to investors, and the rest will be subject to an 11-month vesting period after an initial 2-month cliff period. TGE month tokens are subject to daily vesting.
🤝 Community Round — 4%: A total of 12,000,000 tokens were made available during the community sales round, amounting to 4% of the overall number.
🤝 Community round tokens were made available at a price of $0.12 per token. In the month following the TGE, 20% will be released to investors, and the rest will be subject to a 5-month vesting period. TGE month tokens are subject to daily vesting.
🎮 P2E & Staking — 40%: A total of 120,000,000 tokens have been put aside for players to earn via the game’s P2E mechanics and the Wizardia staking pool, amounting to 40% of the overall number.
🎮 A total of 5% of the designated P2E & Staking tokens will be released in the month following the TGE, and the rest will be subject to a 19-month vesting period.
🧙♂️ Team and Advisors — 18%: A total of 54,000,000 tokens will be distributed among the Wizardia team and its advisors, amounting to 18% of the overall number.
🧙♂️ Following a 9-month cliff period during which the tokens remain locked up, 10% will then be released month-on-month for the duration of a 19-month vesting period.
👩💻 Marketing & Listing — 18%: The remaining 54,000,000 tokens will be put aside for use in funding Wizardia’s marketing and listing efforts, amounting to 18% of the overall number.
👩💻 A total of 5% of the designated marketing and listing tokens will be released in the first month following the TGE, and the remainder will be subject to a 19-month vesting period.
Staking your Arena Genesis NFTs
Just a reminder that Arena Genesis NFTs are also (automatically) staked. And that Early Arena Genesis NFT owners earn the most. After the Arena is opened (Q2/Q3 2022), Arena Genesis NFTs will earn holders passive rewards in the form of a cut from Arena transaction fees. For the Arena’s lifetime and scaling up as our playerbase grows, NFT holders have huge potential to grow their income.
But, while we’re still building the Arena, there’s still a way to earn! To encourage early investors, all Arena Genesis NFTs are automatically staked. No need to lift a finger. Please check out our calculator for the full details, but we can give you a couple of examples explain here.
- 1st round Arena Genesis NFT holders who invested $125 in the NFT will receive 400 $WZRD. Assuming a $WZRD value of $0.12, those 400 $WZRD are worth $48.
- 2nd round ($175) Arena Genesis NFT holders will receive 500 $WZRD. Assuming a $WZRD value of $0.12, those 500 are worth $60.
William Smith
Weaving together blockchains and threads of fantasy lore, William identifies as a chaotic-good copywriter. His abilities include battling bad grammar and upholding a consistent tone of voice.
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