Everreach Labs Unveils Benefits of Founders Pass NFT Before Free Mint

ChainPlay

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4 months ago

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In August, Everreach Labs plans to distribute its Founders Pass NFT, which will grant 800 NFTs within the Xterio ecosystem, for free. This announcement is a part of the strategic alliance between the studio and Xterio. Holders of the Founders Pass NFT will receive a variety of ecosystem and gaming perks, such as special in-game items, staking incentives, and airdrops of $EVER tokens.

Ecosystem Benefits of the NFT

Within the studio's environment, the Everreach Labs Founders Pass NFT will offer a number of significant advantages. Only 800 NFTs are available, and holders will be able to get airdrops of $EVER tokens. At the token generation event (TGE), there will be an automatic airdrop. Monthly payouts will thereafter be sent out, depending on the period and staking option. Higher points and bigger token rewards come from longer staking durations. Staking milestones can be reached to boost daily point earnings and unlock further incentives.

Owners of NFTs will also have privy to the $EVER token's seed round. They can buy tokens at $0.0075 apiece, with a fully diluted valuation of $20,833,333, thanks to this offer. The 8.5% release of tokens from this round will unlock at TGE, and then there will be a three-month cliff and monthly unlocks for a total of 14 months.Source: X
Moreover, owners of Founders Passes are eligible to vote on crucial issues pertaining to the ecosystem and game development by taking part in DAO Treasury Governance. In order to share growth with NFT holders, a percentage of the proceeds from asset transactions will go toward the DAO treasury.

Exclusive time-limited events may also be available, featuring unique challenges or increased rewards for Founders Pass holders.

In-Game Benefits of the NFT

Benefits for Founders Pass in-game NFT holders are entitled to unique titles, accomplishments, and emojis. Players can express themselves and demonstrate their commitment to the ecosystem with these features. Additionally, holders will be able to access exclusive in-game skins and accessories that give them a unique look in the games. These items are soulbound to the NFT and cannot be exchanged.

Exclusive in-game pets and accessories might be extra advantages, possibly improving gameplay. Moreover, personalized location markers and tags will improve navigation and offer holder status indicators visually.

Founders Pass NFT owners receive extra money and experience points. In addition to a 10% extra XP from gameplay that is unaffected by leaderboard rankings, holders gain a 5% bonus on the conversion of $EVER to premium money. In addition, NFT holders will receive a 5% additional XP when playing in the same match as other players, encouraging communication between holders and non-holders.

Last but not least, owners of NFTs are elevated to Super-Tester rank, giving them access to beta releases and more in-depth knowledge of game development. They can offer suggestions and have an impact on game modifications thanks to their standing.

How to Mint the NFT

Although the precise date of the free mint is not yet known, it will take place in August. Participants must sign up for a Zealy campaign that includes social media duties in order to be eligible for the mint. Your chances of obtaining one of the 800 NFTs will increase if you finish these tasks and move up the leaderboard. Community members can also win a mint spot by leaving comments on particular tweets.Source: X
Additionally, users can use EVER points—a Discord currency obtained through challenges and community activities—to claim the NFT. Events will be held by the Everreach Labs team on their own Discord channel, where points can be traded in for special in-game goodies, NFT whitelist applications, and $EVER.