Introducing INO Tiers on DarePlay: Hold & Stake $DNFT to get the right to buy hottest NFT items

We have announced the launching of DareNFT’s first bootstrap product, DarePlay, the one-stop GameFi platform for traditional and blockchain games. The role of DarePlay will be the all-in-one hub for not just blockchain games in our feature of rent-to-earn & lease-to-earn but also for traditional games in our feature of IGO launchpad and hosting primary sales for their in-game items.

Today, we are thrilled to announce the rules for Initial NFT Offering (INO) on our DarePlay product. By INO, it means that traditional and NFT games can organize their primary NFT sales on DarePlay. It’s the first gateway that can bring the first users for the blockchain games, so that’s why we decided to start with INO and its rule on DarePlay first.

Most importantly, we appreciate all $DNFT holders and they will be the ones who can benefit the most and get the secured allocations in the INOs on DarePlay if they get in the whitelists on time.

INO Tier Rules for $DNFT holders (updated)

In each INO that DarePlay will co-run with the NFT game partners, we will reserve the majority of NFT items that will be sold to $DNFT holders. You will need to hold $DNFT in your wallet or stake $DNFT in our DareFarm (expected to be launched in November) and from there, we’ll calculate your average holding/staking balance in $DNFT.

(As we’ve listened to the community thoughts on our original rule, we have made the rule clearer and decided to put in an example)

Let x be the daily average holding/staking $DNFT balance in 10 days before the INO of buyers

Tier 1: 400,000 <=x < 625,000

Tier 2: 625,000 <= x <900,000

Tier 3: 900,000 <= x <1,250,000

Tier 4: 1,250,000 <= x <1,800,000

Tier 5: x >= 1,800,000

The required balances in all Tiers are subject to change

The high the Tier you’re in, the bigger the chance you can get in INO with the more boxes you can buy. Please take a look at an example of how we distribution the NFTs for all buyers given their Tiers in an specific INO here.

Upcoming INOs

We’re planning to do the INO with our NFT game partners firstly. You can check DarePlay’s confirmed partners from the DarePlay’s introducing piece here. The first INO on DarePlay is expected to take place in the 1st or 2nd week of November.

Along with that, we will also get the hottest NFT games in the market to join us and do the INOs. We will make sure that DarePlay will host the INOs for the best quality NFT games in the market at the moment and that $DNFT holders can be exposed to the most interesting NFT items. Please keep following our channel or twitter to get updates on our INO schedule.

About DareNFT

DareNFT is the universal NFT 2.0 protocol for Digital Assets. The mainstream adoption of NFT depends on its ability to wholly reflect the benefits of digital assets. DareNFT has developed a suite of products that solve the current problems of NFT 1.0, which are: Unrecognized benefits between NFTs, Unrecognized relationship between NFT owners, and hidden risks of NFT Ownership. Our first product is DarePlay, the GameFi platform including a blockchain gaming launchpad for non-NFT games, an IGO service as well a Rent-to-Earn and Lease-to-Earn marketplaces for in-game items NFT. We have had plans to move further with the derivative NFT content platform after our first product has been completely built and well positioned in the market.

Learn more about DareNFT:

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