Collective farms launched

You have only 0.01 EGG? Cheer up, your time for passive income has come! With the new collective farm feature the players can unite to hatch and breed ducks and get $EGG together!

In May we introduced farming for the players to benefit from owning an NFT duck. More than 1500 farms have been founded since then! Their owners reached more than 287% of annual income, thanks to their smart breeding strategies. Some of them even got all their investments covered in several months.

Creating a farm is profitable, but still, rather expensive for a beginner. That’s why we’re launching collective farms. This is how they work:

• A collective farm manager is chosen — a trustworthy man from the Waves Ducks community.
• The players buy shares of the farm for $EGG and get share tokens in exchange.
• When the manager gets a minimal amount necessary, he starts building a farm — buying ducks and perches.
• The farm gets a regular $EGG income as a result of farming.
• The daily income of the farm is distributed among the owners of its share tokens, excluding the manager’s commission.

This mechanism repeats how stock and dividends work in public companies, when an investor buys a share in a company and gets regular income from it.

Let’s say, Bob won 0.1 $EGG in a round. Instead of selling them for a chocolate bar, Bob looked through the collective farm market and bought a share in a small one, which had attracted 100 $EGG before from other players. So Bob contributed 0.1 $EGG and got 0.1% share of the farm. In the following year the farm brought 300 $EGG and Bob got 0.3 $EGG from it as an annual dividend. It’s nice for Bob that he can reinvest the dividend to maximize his income.

Bear in mind that due to their small digit length $EGG dividends may come not on a daily basis. For example, if Bob earns 0.001 $EGG per day from a collective farm, in fact, every 10 days he receives 0.01 $EGG.

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Now the annual income on Waves Ducks can go far beyond 300%, and the managers of collective farms will surely do their best to maximize the investors’ income. The update will bring amazing profits not only to the experienced, but also to the new players.

No more doubts, hurry up to the collective farm page, choose from the first 10 collective farms managed by the most active people in the community — and start getting more $EGG!

Remember to join the Duck Hunters chat and subscribe to the Waves Duck’s Twitter!