Xociety launches NFT staking system! Double the token NTx in the first two weeks

The chain gaming sector has continued to develop after experiencing the bull and bear market, and has become the focus of the crypto community this year. Representative tokens such as YGG, GALA, and MBOX have performed quite well this year.

In this context, South Korea’s popular Web3 shooting game XOCIETY revealed that it will officially launch the Frontier Avatar NFT staking system on June 3. Users who pledge Frontier NFT will be able to earn weekly profits starting from June 9 NTx tokens as staking income.

This not only increases the value of NFT, but the official announcement also pointed out that NTx tokens are the only way to obtain IGC (In Game Corporation, in-game company) NFT in its game world, and can also be converted into XOCIETY in the future native token.

What is XOCIETY?

XOCIETY is a Korean Gaming project. It is a shooting game featuring RPG elements, dynamic PvP (player versus player) and immersive PvE (player versus environment) experience. It was developed by NDUS Interactive and has recently cooperated with Mysten Labs, the developer behind the well-known public chain Sui, has launched in-depth cooperation.

NDUS Interactive’s core leadership team includes talents from world-renowned game companies such as NCSOFT, Nexon and Krafton, including:

• Myoungjin Lee: Creative artist, he is " The author of the original comic book "Ragnarok".

• Sang Chung: Commercial Director, former head of Play Dapp, which was the first Korean Web3 company to list coins on Coinbase and Binance.

• Jeffry Kim: Chief Director, has 20 years of experience, including experience in leading the development projects of Korean game giants NCSOFT and NEXON for many times.

Usage of Frontier Avatar NFT and NTx

Although you can play this game without Frontier Avatar, according to the official explanation, holding this NFT will provide you with game testing, daily Game boost and other benefits:

• Exclusive participation in early game sessions: opportunities to earn tokens, in-game rewards, etc.

• Shape the development direction of , all Frontier Avatars will grant the holder the same real-world benefits (like point 1)

• Each level can be purchased through skins (called TEXTUS and others that are only for holders human drops) for additional customization that will make you stand out from players who have never held that NFT

• As for NTx and its role in XOCIETY? First of all, this is an in-game reward that the team has already launched. It is an ERC-1155 token and 3 million have been issued so far. A Mintlist spot can be obtained for 25 NTx during the Frontier Avatar NFT sale, allowing users to mint the NFT at half price before it is sold publicly. In addition, once you obtain a Mintlist seat, any additional NTx will be eligible for the following additional benefits:

• Public Sale Discount

Early Access to NFT Sales

• Right to participate in test activities

• In-game gift pack

• Resource advantages

• All in all, the core of NTx is the recognition of player behavior in the XOCIETY world. Logically, the more you have, the more gaming activities you can participate in.

• NTx holding ranking list

Earn double NTx by staking NFT in the first two weeks

Recently, the official revealed that it will be held on 6 The Frontier Avatar NFT staking system was launched on March 3. NFT holders can obtain NTx rewards by staking NFTs. If they participate in the first two weeks, they will enjoy doubled staking rewards! This means that no matter what the final bonus effect of the user is, It can be magnified 2 times.

During the two-week promotion period before the staking event from June 9th to June 22nd, the staking rewards will be doubled

In addition, the official The staking rules provided are as follows:

Each wallet can pledge up to 25 Frontier Avatar NFT

You can get a 5% bonus by claiming rewards every week Success: After the staking NFT cycle ends, users can view the allocated rewards on the staking page

• The more Frontier Avatar NFTs pledged and the rarer the level, the greater the boost (bonus). More, up to 80% boost (see details below)

• Stake for 7 days to earn NTx

• Staking runs every week Once, users must set staked NFTs before UTC+023:59 every Saturday to receive rewards within the next 7 days. At the same time, these NFTs must be kept in a staked state until at least the next Sunday after UTC+000:01 .

Officials also emphasized that staking Frontier Avatar will not affect users’ ability to participate in Gamenights or Holder Tests.

• NTx staking rewards are increased by up to 80%

  According to the official Medium description, the amount of NTx that users can obtain by staking Frontier NFT will vary according to the level. As shown in the figure below, NFTs with levels from the highest (First) to the lowest (Uncommon) will receive 80 and 25 respectively. , 21 and 20 NTx.

  Frontier NFT staking reward bonus is calculated separately based on the quantity of pledged NFT (the staking bonus in the right table of the figure below) and the level (the level bonus in the left table of the figure below), and the two are combined. The maximum bonus is expected to be 80%.

  For example, staking NFT can get up to 50% bonus in terms of quantity, and up to 30% bonus in terms of level. Combining the two, that is, the maximum bonus can be obtained 80%. Therefore, users who stake Frontier NFT in the first two weeks can receive up to 7,200 NTx rewards, calculated as: 25 (NFT)*80 (number of NTx earned at the highest level)*(1+80%)*2( Double rewards in the first two weeks) = 7,200

  Note: It is expected that the official will provide a simulated web page for users to try out the staking rewards.

  

  Xociety’s rules for staking NFT to earn NTx

  Complete IGC social tasks on Zealy to earn NTx

  In addition, the official has recently released Details of IGC (In Game Corporation, in-game company) NFT, and launch activities on the task platform Zealy. You can earn NTx by completing a series of social tasks.

  According to the official Medium description, IGC dominates the game world of XOCIETY. These companies control a variety of resources and services in the game, from combat content management to energy, financial services and health care, and are in-game An important way for token circulation and income distribution.

  Players who hold IGC NFT will be able to own, control and profit from these companies. To obtain these NFTs issued by IGC, officials pointed out that holders of Frontier Avatar will be eligible to obtain them, and they can also be purchased through NTx. As for the timing of the release, it will be further disclosed by the official. You can pay attention to the official DC at any time.

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