Elfin Metaverse Land NFT Explained — Utility and Everything
It has been almost a month since we launched our Elfin eSports Mainet. Over 30000 warriors have battled in the Arena. It has been an amazing journey so far, and we certainly cannot achieve this without you, our fellow Elfins!
In our last medium, we have covered how to earn the Mainnet Airdrop in the Arena. Make sure you are up to speed:
This time, we will talk even more about how to EARN in the Elfin Metaverse, including PVP earns and Land Utility. Sit tight and Enjoy!
PvP EARN
It has always been ”Winner takes all” in the Arena. There is no exception in Elfin, winner will get most of loser’s bet, specifically, 97.5%. The rest of the 2.5% will be taken as processing fees, which further distributes to Reserve, Land owners, System Maintenance, Referral, and Seasonal Leaderboard Prize.
Land Owner
Land will always be the backbone of Elfin Metaverse, and we strive to share whatever is coming with our Land owners. It has been a while since we talked about land last time. Here is a recap of what you can do with Elfin Lands.
- Revenue sharing — Land owner will get a scoop at our revenue, up to 20% of what Elfin Metaverse generates. This includes 20% from the process fee, Tournament pool and 2.5% trading fee on platform.
- Upgradability — You will be able to upgrade your lands to get more from revenue sharing.
- IP & community building — You will be able to design your own IP and community by adding cosmetics to the lands. Launching your own games and integrate it with the Elfin Ecosystem.
- Daily Passive Yield — Owning Elfin lands allow you to receive $Elfin tokens on a daily basis after $Elfin is officially online.
- Points — In the current Airdrop campaign, owning lands also gives you extra 200 points every week.
- $Elfin Airdrop
For more detail on land, check this Medium:
https://medium.com/@elfingames/revealing-elfin-land-the-key-to-elfin-metaverse-70485cf05189
Before you can enjoy all these benefits, you will have to activate your lands first (The How-to part will be revealed after our Land launch).
The Elfin Metaverse is composed of four different types of lands: Land; Tribe; Citadel; Kingdom. Lands have two rarity, common and rare, where rare has 50% more earning capacity than common one. There are 810000 lands in total, 809000 being common lands and 1000 rare lands.
Lands are upgradable, you can merge 9 lower tier lands to obtain 1 higher tier land. If you merged a rare land among the 9, you will obtain a rare higher tier land as the result, and you cannot merge 2 rares together.
Kingdom, on the other hand, can only be upgraded from rare Citadel. There can only be at most 1000 Kingdoms.
Land NFTs does much more. It also gives you unique perks that makes you and your community really stand out.
Owning a Land allows you to
- Host up to 900 people (Can be upgraded through spending & staking $Elfin).
- Participate in rewarding tournament.
Owning a Tribe enables:
- Setting up shops to create and sell your digital merchs/decors.
- Recruiting players and rent out assets.
- Customize your Tribe
- Host up to 9,000 people (Can be upgraded through spending & staking $Elfin).
Owning a Citadel you can:
- Design and launch your own game
- Host tournaments through sponsorship and sell the tickets.
- Run a node and earn referals.
- Host up to 90,000 people (Can be upgraded through spending & staking $Elfin).
Owning a Kingdom gives you all the above, with some secret sauce revealing in the future. Stay tunned for our announcement. With that, this article is completed. Check our medium and community for more information.
About Elfin Metaverse
Elfin Metaverse is the #1 eSports Metaverse on BTC ecosystem | The GameFi’s new frontier invested by @BinanceLabs | Compete, Play & Earn.
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About Manta Network
Manta Network is building a secure and interoperable future with Zero-Knowledge. Manta Network’s mission is to deliver the best developer experience that enables ZK applications.
