Top 7 Reasons to Join Ible City
Our NFT collection, Ible City, is part of our participation and reward model that supports those who support and promote Vendible. Ible City ties directly to our cross-chain product Trustible and the services that flow from its use. Trustible and our identity services generate revenue across the top blockchains. This revenue comes to us in BTC, ETH, MATIC, ALGO, and more assets. We share that revenue with all members but give a bonus to those who stake our token VEND. Ible City owners, or Iblers as we call them, get even more rewards as core community members.
This article outlines the top rewards for our citizens. We invite you to join our Discord and learn how we give ownership of our identity network to those who participate in its success.
#1: Lifetime Protection Accounts
Vendible is releasing Trustible, our core product that helps anyone safely secure their assets from loss with ease across the top blockchains without handing those keys to a custodian or centralized service. We will provide P2P beneficiary services for your assets with additional insurance for your holdings. Trustible gives you a complete view of your activity in web3 without changing anything. You keep using the same wallets and dApps you love while knowing that your assets are safe.
There are several service tiers, with the highest called Trustible Professional. This service gives the member lifetime access to all current and future benefits. The projected retail value of Trustible Professional is USD 240 for our initial offering.
Vendible has created a special NFT that grants holders a free Trustible Professional lifetime account. Rather than pre-sale these, we decided to give them to our Ible City NFT holders. We want our Iblers to act as a distributed sales force. To incentivize our supporters, we give out 70 free lifetime protection account NFTs with each Ible City! That is an unreal amount of potential energy we are releasing with each Ible City.
With one Ible City NFT, you get 70 NFTs that grant lifetime access to Trustible services. You can use one for yourself, give them to friends and family to spread the word and increase the size of our network, and either sell others on a marketplace or stake them with Vendible to earn passive income when we sell lifetime protection accounts. These 70 NFTs, at a retail value of USD 240 each, means there is USD 16,800 in potential energy stored in each Ible City. If Vendible is successful, and with a strong community we will be, then this benefit alone is worth joining the city.
#2: VEND Participation Reward Bonus
Our token VEND powers the Vendible network. It helps us secure our unique identity network in several ways, including measuring network activity and giving structure to our governance. There is no public sale for VEND. We distribute VEND through participation events. The first participation event is the testnet for Trustible. We are giving away over 30,000,000 VEND to jumpstart our network (2.5% of the total fixed supply) to those who help us make Trustible the best product.
Holding an Ible City NFT gives you a bonus during this participation event. General signups for testnet receive 300 VEND each for helping to test our systems. Having an Ible City NFT gets you a 4x bonus of 1200 VEND for each NFT you hold; if you own one Ible City, that gives you 1200 VEND for participating, and ten Ible City gives you 12,000 VEND for participating! It is the best opportunity to secure VEND.
#3: Clean Air
The premise of Ible City is the city is broken apart and covered with toxic smog due to years of neglect and pollution. Inside Trustible, our citizens work on a virtual map to move and merge their land to help organize the city and clean the air. As NFTs combine to higher levels, you see fewer smog clouds and more of the city. A portion of our sales goes to clean air initiatives. In this way, our citizens help clean the air both in our virtual and real world!
#4: PFP
Everyone who holds an Ible City NFT is an Ibler — a citizen. We want our citizens to feel like a connected community. Having a PFP helps people identify with a project, so with each Ible City NFT, you will also get one free PFP. Many of our citizens pick up more than one Ible City, which gives them a chance to pick up multiple PFPs, keep their favorite, and sell the rest. Land is a premium in Ible City, so having a PFP will provide many access to the community, even if they don’t own land.
Our PFPs, are based on the same concept as Ible City. That means the base level Iblers are working to clean the polluted air. As you merge land, it releases rarer PFPs that show a cleaner city and citizens who don’t have to fight for every breath.
#5: Land
Each Ible City NFT gives you a claim to a plot of land in our ecosystem. Inside Trustible, you can move the plots of land you own together and merge them to make larger plots, which level up your rewards. You can develop your land over time to bring more activity to your property which benefits you and the entire ecosystem. Our virtual world is a fun way for us to stay engaged with each other and provides a visual structure and focal point for our DAO.
Because our NFTs are cross-chain, Ible City is one of the first virtual worlds with simultaneous gameplay on multiple blockchains. We hope this acts as a bridge between communities as we work together to help everyone join us in web3.
#6: Generate VEND
As we mentioned before, the only time our token VEND is released is through participation. That means everyone has to provide some beneficial service for the network to earn VEND. One of those valuable services is owning land in Ible City. Our landowners help ensure that we have a thriving ecosystem. This activity helps our network discover the applications we partner with to make web3 simple, safe, and secure.
We take a portion of the revenue shared with the network to purchase VEND directly off the market. The landowners get this VEND as part of our distribution model. Owning land is the simplest way to earn VEND over time consistently. You can learn more about how our tokenomics works in this article.
#7: Store of Value
Ible City is the NFT collection for Trustible and the services which flow from its operation. We will not release multiple Ible City collections, and the land assigned to Ible City does not expand. As we expand and grow, we will continue to pour more value into our Iblers holdings. If you read our tokenomics paper, you can see that we have designed both the NFT collection and VEND to be one of the last assets you would ever want to part, as it generates other assets as part of our revenue share model. We hope you will explore, ask questions, and join us as a citizen of Ible City.
We look forward to seeing you there.
