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Presenting the Buy-to-Earn Concept
There is no secrete that many NFTs around the Avalanche Blockchain usually include royalty rewards and AvaSharks aren’t any exception. Yet, we’ve selected to complete things quite different by presenting the idea of buy-to-earn or “B2E”. This means what is seems like – all that you should do in order to earn is buy and hold a Shark NFT.
No staking, no depositing, and more importantly, no redundant tasks (like compounding, upgrading, rinse, and repeat). It is only that simple – mint a Shark and you’ll earn a portion from the royalties in the secondary marketplace sales as long as you possess the Shark NFT in the bank. It doesn’t hold on there since you will also earn a portion of all of the charges produced by the Atlantis Gate – the long run home in our gaming platform.
Wait, so no staking? It’s that easy? Yes, but most likely nothing.
The ever-popular “Stake-to-earn” is continuing to grow right into a effective trend within the DeFi space, featured in increasingly more NFT projects. While everybody is chasing the most recent trend, AvaSharks take passive earnings within an entirely different direction using the B2E concept. We’re going for a attempted-and-true royalty rewards system and putting our AvaSharks spin onto it.
B2E Permitted with Atlantis Gate
Our assortment of 10,000 fully-rigged, 3D, anthropomorphic Shark NFTs will survive Atlantis Gate, the very first ever betting platform around the Avalanche blockchain.
Atlantis Gate may be the bread and butter from the AvaSharks ecosystem. Everyone knows how popular AND lucrative online wagering is, however, Avalanche has yet to determine a wagering and gaming platform launch around the blockchain. Atlantis Gate would be the first available on Avalanche.
With Avasharks, it is now time
Our mission would be to transform Atlantis Gate right into a “one-stop-shop” gaming platform which will put Avalanche into the spotlight because the top destination inside the blockchain betting industry.
The platform’s humble beginning will begin using the gold coin switch game where players gather to bet against each other.
Once we expand both we & our revenue streams, we’ll eventually become including a variety of unique and fun betting games and platforms for example Shark racing, roulette, slots plus much more.
Revenue Discussing Plan
First three several weeks of operations:
100% of project revenue is going to be equally given to all AvaShark holders each month for 3 several weeks, and therefore AvaShark holders may benefit from passive earnings as lengthy because they contain the NFT.
Following the first three several weeks
After roughly 90-days, the revenue shares will disappear to some more sustainable level, as proven below.
Aftermarket Sales
2.5% royalty goes towards Shark holders, and a pair of.5% goes for the Aquarium.
Lottery Tickets
Every 3 months a portion from the bank vault is going to be given to shark holders and ticket holders by means of a lottery. Lottery ticket holders is going to be yet another stream of revenue. Rarity will modify the lottery ticket distribution, that is specified by detail within our white-colored paper.
Minting Details
Don’t miss your opportunity to become an earlier supporter from the AvaSharks and also the Atlantis Gate gambling platform. All holders begin earning passive earnings immediately (airdropped weekly), and can get a Gen2 AvaShark airdropped for a price of just one:1 – when the second generation is released.
After our mint closes on Feb 26th at 9 PM UTC, all remaining sharks is going to be burned forever. All AvaShark NFTs which are burned is going to be taken off the lottery, thus growing the shark-holder community’s possibility of winning the quarterly lottery occasions!
