Founder, Ambassador and Staking Boost

The Founder status is an important link between QoWatt and the first investors who gave their trust. That is why we attach great importance to rewarding this long-term support throughout our journey through this evolutive status and the introduction of a new one.

In Web3, it is important to reward early supporters but also to give a chance to investors who were not able to discover QoWatt at the very beginning. Find out in this short article about the new Ambassador status and how everyone who wants to get involved in a sustainable way can participate, including our Founders.

Founder Status

A Founder is someone that joined the QoWatt DAO in its early stage, someone that minted a DAO NFT seat when the project was starting. They will always be recognized in the ecosystem as the most special members of our community.

This status was introduced with the “Founders Campaign” which started in March 2022. All the wallets who deposited their QoWatt Token pack on the dApp during this period received this status along with several additional privileges:

• QoWatt DAO seat NFT — Special edition called “Gen 0 — Founders” NFT and the ability to stake it.
• Special metaverse 3D EV car NFT from our partner, Symbiosis NFT.
• A staking pool of 6 million $QWT tokens shared between the Founders during the 6 weeks of the Founders Campaign, claimable in the form of the QoWatt Coin NFT.
• 8000 free QoWatt Coin NFTs in “first stake, first serve” distribution according to the Gen-0 staked tier: 1 Bronze = 1 Coin, 1 Argent = 2 Coins, 1 Or = 4 Coins, 1 Platine = 8 Coins, 1 Diamant = 16 Coins.

The Founder status is applied to all the wallets that have minted one or more Gen-0 DAO NFTs, which can be active or inactive dependent on whether at least one Gen-0 is staked.

Finally, in order to reward our Founders, a staking boost of +5% will be given to all active Founders. This bonus applies to all rewards generated by staked DAO NFTs, regardless of their generation, distributed in the boosted pools and can be used either to mint a DAO NFT or to mint a QoWatt Coin. The bonus will be active at the launch of our dApp V.2.

Example :

- Regular pool

• You have staked in the Regular Pool 1 Argent Gen-0 and 1 Or Gen-1 NFT, which generates 100 $QWT per day.
• Thanks to the +5% boost you will now receive 100 $QWT the Regular Pool and 5 $QWT in the Boosted Pool.

- Boosted pool

• You have staked 1 Diamant Gen-0 NFT in the Boosted Pool which generates 100 $QWT per day.
• Thanks to the +5% boost you will now receive 105 $QWT in the Boosted Pool.

All mixes can be imagined as having NFTs staked in both pools, in all cases the bonus will be on the total $QWT generated per day and distributed in the Boosted Pool.

Ambassador Status

Let us now turn to the new Ambassador status. This status will be available to all people wishing to get involved in the QoWatt Project over the long term, both Founders and new investors, in order to benefit from a +10% boost on the staking rewards!

In order to be an Ambassador, it will be necessary to hold and stake an NFT of each generation, regardless of its tier. No need to have minted these NFTs, buying on the secondary market allows eligibility. This status will be available at the arrival of our dApp V.2 and our new Gen-2 DAO NFT collection.

This status will become inactive at the arrival of each new generation. As soon as the mint of a new generation is launched, you will have to either mint or buy the new generation on the secondary market and then stake it to keep your Ambassador status active.

Example :

- Regular pool

• You have staked 1 Bronze Gen-0, 1 Platine Gen-1 and 1 Or Gen-2 NFT in the Regular Pool, which generates 100 $QWT per day.
• Thanks to the +10% boost you will receive 100 $QWT in the Regular Pool and 10 $QWT in the Boosted Pool.

- Boosted pool

• You have staked 1 Platine Gen-0, 1 Argent Gen-1 and 1 Bronze Gen-2 NFT in the Boosted Pool, which generates 100 $QWT per day.
• Thanks to the +10% boost you will receive 110 $QWT in the Boosted Pool.

All mixes can be imagined as having NFTs staked in both Regular and Boosted pools, in all cases the bonus will be on the total $QWT generated per day and distributed in the Boosted Pool.

Founder + Ambassador

The Ambassador status will be cumulative alongside the Founder status. If you have each generation in staking, in addition to having minted a Gen-0, you will be eligible for a +15% bonus distributed in the Boosted Pool!

The Ambassador status will produce additional value to the Gen-0, because it will be the gateway to this particular status. This will increase their price appreciation on secondary markets in order for investors to gain access to the +10% staking boost that the Ambassador status offers. In addition, being wisely kept by our Founders, who will wish to hold at least one of them to keep their status active and their +5% staking boost.

Each DAO NFT generation will be an integral and important component throughout the development of QoWatt, as it is essential to the eligibility of the Ambassador status.

If Founders will always be QoWatt’s first-class citizen, Ambassadors will be our first-class believers.