Dear Biswap Community,
Our team wants to notify you about important changes regarding two Biswap directions: Biswap NFT Earn and GameFi. As you know, the project develops fast, and new strategic decisions need to be made.
A few things to consider
NFT Staking & GameFi Directions show outstanding results on the market and take leading positions. But the most important, they have been bringing its users significant crypto income. The experience of implementing these features was successful, and they had a positive impact on the development of the Biswap project in their time.
Discover NFT Earn & GameFi achievements in numbers for the total functioning period. The numbers were calculated with dollar equivalent at the time of accrual of the rewards for users.
📍All calculations were made taking into account the exchange rate BSW to USD at the moment of awards distribution.
The Biswap NFT direction, as a whole, will be developing further. But as regards NFT Earn (Staking), it will experience some kind of modifications as well as the Biswap GameFi. Let’s look at the budget report and changes necessary for Biswap features’ further development.
Budget Report of NFT (Earn), GameFi, Strategic Partnerships
As we agreed with the Biswap community on Voting for Integration NFT (Earn), GameFi (Play to Earn), Strategic Partnerships, the budget of 70M of BSW tokens was allocated to these directions.
NFT (Earn) & GameFi
Since these features were highly demanded and the budget is limited, we want to inform you in advance of how long this budget will last for the full-fledged functioning of the features. Read on to know all the details and timing for each feature.
The remaining sum for Strategic Partnerships will continue to be used, and the Biswap Business Development team will proceed with negotiations and the creation of long-lasting alliances with potent projects.
Lately, a number of significant partnerships have been established. It means that a part of the budget was spent to provide collaborative crypto opportunities and events. Among our current partnerships, you can find such prominent projects as:
- BeeFy Finance
- MEXC Global
- And others
Besides, the Biswap Business Development team is actively working on new partnerships which will essentially benefit global Biswap expansion in DeFi. Stay tuned!
Coming Modifications for NFT Earn
NFT Staking: Alternatives for Feature Prolongation
The remaining part of the budget allocated specifically to NFT Earn (Staking) will be distributed over the next 3 months under the current conditions. The Biswap team wants to ensure more extended operation of the NFT Earn feature by its own initiative. That’s why after 3 months, Daily Distribution in the NFT Staking Pool will be changed and will last that way for about 9 months from the moment the changes come into effect.
To sum up, considering all the changes, the NFT Staking Pool will continue to function for 12 months in total.
WBNB, USDT, BSW & Partner’s token Distribution Changes
After 3 months, on the 22nd of July 2022, there will be a change in BSW distribution:
- 60 000 BSW to 5 000 BSW per day
The distribution of USDT tokens will be changed as follows, except for WBNB, which no longer will be available in the pool:
- 2 500 USDT per day
Distribution of the partner’s token will also take place in the NFT Staking Pool.
The changes to the NFT Staking Pool will be made in order to extend the NFT Staking Pool by approximately one year, with a budget replenishment from the operating funds. The Biswap team will present the replenishment source before the implementations are made.
In future, a new way of using your Robbies NFTs with Robi Boosts will appear.
What about NFT Staking Pool V2.0?
Due to the fact that the allocated budget for NFT Earn will soon be totally distributed, the implementation of NFT Staking V2.0 has been repealed. Consequently, your Robi Boosts will experience no decrease.
Upcoming GameFi Modifications
Squid NFT World, alongside its renewed 2.0 Version, has been providing users with a crypto experience! However, due to the current budget allocation, GameFi will have modifications and will be functioning for 12 months from this moment:
⏰ 22 April 2022 — 22 April 2023
Limit on Game Contract purchases
The following limits will be implemented to prolong the functioning of the GameFi.
There will be a specific limit to purchasing Game Contracts. A specific amount will be available for purchase every 6 hours. These sums will constitute the amount available per day.
The available amount for purchase per day will decrease gradually due to the table presented below.
These changes will take place within 30 days.
GameFi Upgrades: Staff Game & $100 000+ Jackpot
But still, Squid NFT World will experience upgrades and bring you new opportunities: Staff Game & a $100 000+ Jackpot!
What about Staff Game?
Staff Game is a win-win game with a low entry cost. In other words, you will have a chance to gain crypto profit at a minimal cost. The reason is the winning chance reaches 100%!
⏰ Staff Game release: 25 April — 01 May
Staff Game will be functioning all the time alongside the Squid NFT World V2.0.
Unmatched Staff Game benefits:
🤩 Up to 10 000% APR
🤩 100% Winning Chance
🤩 Low-cost entry
🤩 Win-win strategy
What about a $100 000+ Jackpot?
The $100 000+ in BSW Jackpot will be shared among Squid NFT World gamers. And we want to appreciate users’ activity and to please you with extra rewards for playing SNW via such an event!
There will be a distinctive event, because every gamer who has ever played even one game in SNW will have a chance to share the huge prize pool.
💰 Prize Pool: $100 000+ in BSW
🤴 Winners: 1 000 random gamers
View the winning places:
⏰The Jackpot will be shared between the 20–30 of July.
The Biswap team will announce all the details before the distribution.
Exclusive Biswap Collectibles | New Opportunities for Biswap Robbies Earn + Biswap Squid Players Collections
After NFT Earn modifications, the Biswap team will present to you a unique limited NFT Collection, which will have bright visuals and extraordinary utilities. There have never been such characteristics in Biswap history and even on the DeFi market.
🌟Biswap Collectibles are designed to please the eye and provide profitable benefits! Let us consider in more detail:
Launch Date: August 2022
Amount of NFTs: 300
Besides the eye-catching visual, Biswap Collectibles will be exceptional for owners of their utilities. Each Collectible will have different utilities, depending on its level.
Biswap Collectibles will give access to:
🔥 Uplifted Fee Return
🔥 Extended Referral Rewards
🔥 The exclusive BSW Launchpool just for Biswap Collectibles owners
How to get Biswap Collectibles NFTs?
You will be able to exchange your NFTs with Robi Boosts or Squid Energy for Unique Biswap Collectibles.
What about Biswap Robbies Earn NFTs?
Except exchanging for Biswap Collectibles, you will still have an opportunity to:
What about Biswap Squid Players NFTs?
You will be able to exchange your NFT Players with Squid Energy for Unique Biswap Collectibles.
Except exchanging for Biswap Collectibles, you will still have an opportunity to:
Keep in mind:
📍 All the details and calculations regarding Biswap Collectibles will be announced before the release.
To conclude, the NFT Earn direction and GameFi have been providing significant progress for the Biswap platform and, most importantly, for its users’ crypto income. Everyone who had a goal to earn via these directions has been doing it. However, according to the budget report, these directions will experience modifications. Due to Biswap’s user-friendly position, we informed you much in advance.
Due to the following changes in NFT Earn & GameFi, the influx of BSW tokens to the circulating supply will be reduced by around 3 450 000 monthly, enhancing BSW tokens. This will have a positive impact on the project as a whole.
Thank you for being with us on every step of Biswap advancement; let’s move forward to new heights!
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