Update to Benefit #3

Xverse
3 min readNov 23, 2021

Our genesis NFT holders are our earliest supporters, and ensuring they are satisfied is our top concern.

We are aware of the feedback and divided opinions around Benefit #3 that was released yesterday.

We’re not perfect. We make mistakes. We thought the reaction to Benefit #3 would be positive, but it wasn’t what we expected.

No matter how much we think something is a good idea, if the community, and our genesis NFT holders are not happy then we need to make changes.

because we know without our supportive community we have nothing.

As a result, we will be making some changes to benefit #3.

Originally we had planned a lottery to give lucky genesis holders a chance to win a large $ of $XVC tokens.

We thought the reaction of the community would be positive.

We were wrong.

Hence, we have completely overhauled benefit #3 and it will be updated as follows:

$50,000 worth of $XVC tokens will be given ONLY to Genesis NFT holders on a equal basis.

1 Genesis NFT represents 1/500th share of the $50,000, and the entire amount will be given to Genesis NFT holders without any lottery or games involved.

In addition, to play our upcoming P2E games (Dec-Jan), an NFT will be required.

Genesis NFT holders will be the only users able to play at launch.

Our Genesis NFT holders are our earliest supporters, and giving them $XVC tokens is the least we can do to show our appreciation.

Here are the fine details:

Starting December 1st through the end of January 2022, 5 random snapshots of Genesis Holders will be taken via MyPick.

Users that are holding a Genesis NFT at the time of the random snapshot will automatically receive $XVC tokens according to the distribution schedule detailed below. Thats it. No lottery, no games, simply hold and earn.

1 Genesis NFT represents 1/500th share of the $50,000, and the entire amount will be given to Genesis NFT holders.

5 Random snapshots between December 1st and January 31st 2022

Tokens will be distributed using the following schedule:

Snapshot 1 holders Reward Distribution : March 1st, 2022

Snapshot 2 holders Reward Distribution: April 1st, 2022

Snapshot 3 holders Reward Distribution: May 1st, 2022

Snapshot 4 holders Reward Distribution: June 1st, 2022

Snapshot 5 holders Reward Distribution : July 1st, 2022

Benefit #2 = Early Access to P2E Games (Earn $XVC)
Benefit #3 = Monthly drops of $XVC
Benefit #4 = ?????? $XVC
Benefit #5 = ??????

But wait. Wasn’t the original event $100,000?

Correct.

That means theres another $50,000 that we will be giving to our NFT holders over the next few months.

How?

Benefit #4

About XVERSE

XVERSE is the #1 mobile VR-AR software and metaverse blockchain corporation. Backed by our Partners including, Animoca Brands, Vestigium, GBV, x21, and more, Our mission is to build the most content-rich, easy-development, cost-effective, and accessible VR AR platform based on blockchain technology.

Learn More:

Homepage: https://xverse.ai
Twitter:
https://twitter.com/xverseofficial
Telegram:
https://t.me/xversecommunity
Medium:
https://https://xverse-official.medium.com/
Discord:
https://discord.gg/dRRyqZCet4

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Xverse

The All-In-One Blockchain Platform for Real-Time Metaverse Community and Your Digital Twin.