The UGC-focused Web3 gaming platform, Seedworld, has officially kicked off its Seed Roots NFT sale today, September 30, 2024, at 13:00 UTC. This much-anticipated event marks a pivotal moment for both the platform and its community.
The sale features 20,000 Seed Roots NFTs spread across 30 different tiers. Each tier offers a unique price and supply structure to accommodate various participants. The first six tiers are reserved for specific contributors, while the public sale will commence with Tier 7 on October 4.
Source: SeedworldWhat Exactly Are Seed Roots NFTs?
Seed Roots are foundational NFTs integral to Seedworld’s ecosystem. These NFTs empower holders to offer grants to developers and creators, thereby fostering new content on the platform.
Holders can anticipate rewards in $SWORLD, Seedworld’s native token, as a result of their contributions. Additionally, Seed Roots NFTs come with upgrade potential, enhancing their utility and integrating with other platform assets such as Land NFTs, thereby opening up more lucrative opportunities.
Source: SeedworldUnderstanding the Seed Roots Sale Structure
The Seed Roots sale is divided into 30 well-planned tiers, each with unique quantities and prices. The sale kicked off with Tier 1, offering 1,509 NFTs priced at $500 (equivalent in ETH). As the tiers progress, the number of available NFTs decreases while pricing increases.
The public sale will begin with Tier 7, featuring 943 NFTs at $1,130 (ETH equivalent), starting October 4 at 13:00 UTC. Once purchased, all Seed Roots NFTs are transfer-locked for 12 months, although exceptions exist for particular cases such as compromised wallets.
Source: SeedworldBenefits of Holding Seed Roots
Owning Seed Roots provides several exclusive advantages. Holders can issue grants to developers and creators within Seedworld without participating in traditional DAO voting processes. This makes Seed Roots an efficient tool for fostering innovation.
Rewards are generated through in-game transactions involving $SWORLD tokens and Ame, the platform’s currency. Seed Roots NFTs can be upgraded over time, expanding their functionality. Integration with Land NFTs unlocks further features and earning potential. Moreover, 15% of the revenue from the Seed Roots sale will fund $SWORLD token buybacks, supporting the platform’s token economy.
Source: SeedworldWhat’s Next for Seedworld?
Seedworld has ambitious plans to roll out more functionalities for Seed Roots through several development phases. Initially, holders can stake $SWORLD tokens to earn rewards. Future phases will add features such as upgrades, prediction markets, and various ways to engage in in-game activities to amplify reward generation.
Additionally, participants who acquire Seed Roots before the $SWORLD Token Generation Event (TGE) on October 11 will benefit from a 20% token unlock when the event takes place.
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