Blockchain Games | Planet IX Crypto | Crowd1 Planet IX
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Welcome to Our Blockchain Games Video!
About IX Token
Planet IX is an NFT-based strategy game. With a virtual copy of planet earth as your arena, your goal is to rebuild the planet to its former green and blue glory.
Planet IX is a GameFi strategy game, where the mission is to explore the world, collect NFTs, trade them on our Marketplace, challenge each other in Play-to-Earn games and reap rewards from various DeFi functionalities. However, the game does not stop there. Your digital footprint in this environment will also create a sustainable real-world impact.
INTRODUCING IX TOKEN
IX Token is Planet IX’ own ERC-20 token which simplifies peer-to-peer trading in the game. The token is transacted over the Polygon network, ensuring fast and low gas fee transactions.
PIX & LANDMARK NFTs
NFTs are the lifeblood of Planet IX. Some hold pieces of the story of the game, while others allow AoCs to build and develop lands. All have great value and some even pay variable rewards to their owners. As the story evolves throughout time, new NFT collections will be introduced to the game.
Rewards & Staking Pools
Rewards in the form of IXT can be earned in three different ways: rewards from completing game objectives, through sales of PIX on the Marketplace or through staking/liquidity providing. All rewards & staking contracts operate on 28-day cycles, referred to as epochs. During each epoch, rewards earned from liquidity staking pools can be withdrawn at any given time.
Marketplace Activity Rewards
Rewards amounts will be distributed to marketplace users based on a formula combining fees paid and amount of trades made by each user segment. They will be distributed on a 28-day epoch basis over four years and are not subject to any vesting or lockups. From all the trades generated over the marketplace, where the traded PIX don’t belong to any Landmark Area of Control.
To further increase liquidity network effects and incentivize community market makers, rewards will be distributed to those who stake in the Liquidity Staking Pool. Community-provided LP tokens will be available for staking through the PIX Foundation dashboard, providing stability for IXT velocity.
Stakers will receive IXT as rewards, distributed continuously according to each staker’s portion of the total balance in the pool. Stakers must request to unstake funds at least 14 days before the end of the epoch in order to be able to withdraw funds after the end of that epoch. If stakers do not request to withdraw, their stake is rolled over into the next epoch.
The information contained herein is for informational purposes only. Nothing here shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
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