Voting for GameFi Contracts Purchase | Possible Ways of Squid NFT World Functioning – 🌐 Biswap News Portal

A while back, considering the established budget for GameFi direction, some changes were implemented to Squid NFT World. The changes were deployed to prolong its functioning. Certain changes were related to the Game Contract purchases, namely the setting up of a limit for Contracts purchases.

All the changes and reasoning are described in detail in the Budget Report:

📍 https://bit.ly/3K0qpYA

❗️At the time of the voting, the purchase of contracts is paused until the decision is implemented

To the Contract Purchase Case

After launching the limit for Game Contracts Purchase, we started to receive your feedback and analyzed the flow of functioning.
After a thorough analysis, calculations of the budget and consideration of the feedback, the Biswap team concluded several ways of optimally resolving the case and adapting our initial plan regarding SNW.

The initial budget before any changes came into effect was 95 900 Сontracts. Given the fact that 14 000 Contracts have already been bought, the remaining budget accounts for 81 900 Contracts. Hence, based on the aforementioned calculations, the Biswap team suggests the following solutions.

The first way is to disable any limits for Contracts purchases and to put up for sale 81 900 Contracts for 15 and 30 days. After the Contracts are sold out, the Biswap GameFi will operate until the expiration of the purchased Contracts. The contracts for 15 and 30 days will be put up for the purchase with a 5% discount.

The second way is to disable any limits for Contracts purchases and to put up for purchase 163 800 of 15-days Contracts. After the Contracts are sold out, the Biswap GameFi will operate until the expiration of the purchased Contracts.

Furthermore, 15-days Contracts will be put up for the purchase with a 5% discount.

Taking into account the extremely high demand for Contracts, we decided to offer twice as many contracts - 163 800. This way enables a much larger number of users to:

🔥 Buy more Contracts

🔥 Play SNW more

🔥 Use more of their Squid NFTs

Check out detailed calculations:
📍https://bit.ly/3yM8qmG

The last way is supposed to leave purchases as they are:

One Contract can be purchased to 1 wallet every 6 hours.
One Contract can be purchased via 1 transaction every 6 hours. It is no longer possible to buy multiple contracts at the same time via one transaction.
The available amount for purchase per day will decrease weekly.
After the 46th week, contracts won't be available for purchase.

You can take a closer look at the decreasing schedule and other details in the Budget Report.

We are analyzing your feedback and searching for ways to find the best solutions to lead us both ahead. The Biswap team tends to overcome any obstacles together with its community. That's why we bring the case up for Community Voting.

Voting Options

Hereinafter, you can choose the best way to purchase Contracts and have an impact on the duration of the Biswap GameFi.

Option 1: Purchase 81 900 Contracts without limits

The 81 900 Game Contracts for 15 and 30 days will be put on purchase.
All the time limits for the purchase of Game Contracts are turned off.
The GameFi continues until the Contracts expiration date ends.
Contracts will be put up for the purchase with a 5% discount.

Option 2: Purchase 163 800 Contracts without limits

The 163 800 Game Contracts for 15 days will be put on purchase.
All the time limits for the purchase of Game Contracts are turned off.
The GameFi continues until the Contracts expiration date ends.
Contracts will be put up for the purchase with a 5% discount.

Option 3: No changes
The Game Contracts Purchase will be functioning in the current way for 46 weeks.

📩Vote here:📩

https://biswap.org/contracts_voting

Voice your opinion and dedicate it to the positive impact on Biswap DEX & BSW!

Terms & Conditions

The voting period is from 02:00 PM UTC 19 May to 02:00 PM UTC 21 May.
The voting counts BSW tokens in BSW Holder Pool, BSW Auto-compounding Launchpool, Manual BSW Launchpool, and BNB — BSW, USDT — BSW Farming Pairs and on a BEP-20 wallet balance.
Once voted, you will not be able to vote again.
There is no need to unstake your BSW tokens from Farms and/or Launchpools to vote. The system will automatically sum up all your tokens locked in Farms & Launchpools. Your BSW tokens will stay with you.
If you are unable to vote on the Biswap Voting page, please vote on the snapshot.
Changes will be implemented within 72 hours after voting ends.

Disclaimer

As we operate in the DeFi space, the Biswap team assumes no responsibility or liability for the wallets participating in this community voting, as this is out of our control. Biswap has never made use of the team's tokens to manipulate the results of the community voting, nor is planning to do so in the future.

Any reliance you place on the information provided by unofficial Biswap’s channels is therefore strictly at your own risk. Under no circumstance shall Biswap be held liable for the wallets participating in the current community voting. The results of this voting shall be considered accurate and fair therefore representing public opinion. Everyone has the right to voice an opinion.

What about Jackpot & Biswap Collectibles?

Squid NFT World $100 000+ Jackpot will be awarded depending on dates that will be fitted to the chosen way. We will inform you in advance; stay tuned. Moreover, approximately in August 2022, you will be able to exchange your Squid NFTs for special Biswap Collectibles. More details are in the Budget Report article.

Closing Word

By making any decision, first of all, we aim to build a sustainable, prosperous and long-lasting ecosystem for BSW token, Biswap and its products since this is the main mission of the Biswap team.

We are deeply thankful for your vision and feedback, which have taken Biswap to the supreme positions, gained great stats, and established eminent collaborations.