The Ultimate Guide to OWNDex
If you haven’t read our previous introductory article on the ownership indices, we would recommend you do so first. In that article, we discussed the need for introducing the indices and also compared the differences between OWNDex and GenDex.
In this article, we’re going to dive deep into OWNDex, understand the mapping of levels to your ownership days and also detail out all the benefits you receive depend on your OWNDex.
As the system evolves, we’ll continue to update this blog with the latest enhancements.
What is an OWNDex score?
Your OWNDex score is a measurement of your OWNership strength. It is based on the number of NFTs you own and the time these NFTs spend in the OWN Wallet.
In case you do not remember how the OWNDex is calculated, refer to our previous article.
What are the benefits of a high OWNDex score?
Now that you know how your OWNDex is calculated and understand the various levels of being an OWNer, let us explore the final and most eagerly awaited part of this article — the spectrum of perks of privileges that you unlock with each level.
The ownership indices are a unified framework that will be intricately linked to various accessibility and financial benefits across the platform.
Winnings withdrawal limit has been migrated to your OWNDex. The more you OWN, the more you can withdraw.
Once you hit Level 20 or 2450 points, you will be able to withdraw all or as much as you like as many times as you want.
Next up, GENdex…
In our next blog, we’ll be covering the other ownership index called GenDex. GenDex is a special index that exclusively measures the number of Genesis NFTs you hold and how long you’ve held them.
Genesis NFTs are considered the most valuable assets within the OWN cryptoverse. These are NFTs which can only be launched by the platform (not through breeding) and are therefore in limited supply.
They are like the forefathers of the Cryptonite race and owning them provides unique benefits like special breeding rewards, early access, free airdrops, and more.
Your GenDex becomes a way to gauge your level of commitment to the platform and your involvement in the community — an exclusive inner circle for those who have a strong presence and stake in the OWN ecosystem.
We’ll delve into how GenDex is calculated and how it can impact your standing within the community. Stay tuned for more information on this exciting topic.
Want to become a part of our community?
Come join us on our Discord where we host regular community hangouts and conduct competitions and activities.
About One World Nation
One World Nation (OWN) is a play to earn gaming Cryptoverse built on Polygon. OWN is an attempt to create a more fun way for users to interact with the crypto ecosystem, and have FUN without FUD. It is also an attempt to create a sustainable play to earn the ecosystem at scale.
Visit our Website — Join the tribe, become an OWNER!
