Ethereum Game OpenSeason Announces FU Money Token Airdrop This Week

  • OpenSeason, a battle royale game centered around Ethereum NFTs, is about to roll out a significant token airdrop this week.
  • Players holding Fractional Uprising Studios’ NFT passes will be key beneficiaries of this airdrop.
  • The studios have outlined an extensive distribution plan for the “FU Money” tokens both in the short and long term.

Exciting developments in the NFT gaming world as OpenSeason gears up for a substantial token airdrop, setting the stage for future growth.

OpenSeason’s Token Airdrop: What You Need to Know

This week, OpenSeason will commence the airdrop of its newly created “FU Money” tokens to holders of its NFT membership passes. The studio has already taken three wallet snapshots to determine the amount of tokens each user will receive. Users with longer holding periods for the membership pass will receive more tokens, with the distribution facilitated via Arbitrum, Ethereum’s layer-2 scaling network.

Strategic Allocation and Long-Term Plans

The initial airdrop will constitute 10% of the total FU Money supply, amounting to approximately 62.1 million tokens. The Fractional Uprising Studios team has also unveiled a comprehensive plan for the remaining 90%. Over the next decade, 30% will be distributed as community rewards. A further 20% will go to the studio team under a six-month vesting schedule, while 5% will fill a liquidity pool on Uniswap. The remaining 35% is reserved for future projects, termed “FUture Productions,” controlled by FU token holders.

Community-Controlled Future and Governance

The future projects fund will be under the governance of FU token holders, who can allocate these resources via grants or other incentivization schemes. These funds will remain locked for a full year, giving the community ample time to plan and strategize.

Fluidity and Flexibility in Funding Approaches

A representative from Fractional Uprising highlighted that the mechanics of community funding will evolve over time. “As we gather more experience with OpenSeason, we will discover the most effective ways to allocate these funds,” they noted. This fluid approach is designed to ensure that the community can fine-tune the governance model as needs and opportunities arise.

Opportunities for Long-Term Earning and Expansion

Even after the initial airdrop, NFT holders will continue to have opportunities to earn FU Money. As OpenSeason opens up beyond NFT pass holders, players will be able to invite others to join, earning additional FU tokens for referrals and commissions on friends’ in-game earnings. This referral system aims to leverage existing player networks to grow the game’s user base organically.

Unlocking New Growth Avenues

OpenSeason’s transition to broader public access marks a critical expansion phase. According to one of the game’s co-founders, Krypticrooks, the incentivized referral model could transform NFT pass holders into active promoters of the game. “Our passes will function like effective marketing tools, making the game accessible to anyone regardless of their familiarity with Web3,” he explained.

Conclusion

OpenSeason’s strategic token airdrop and forward-looking governance model establish a dynamic framework for both immediate rewards and long-term growth. As the game prepares to open its gates to a wider audience, it stands to benefit from a deeply engaged community of NFT pass holders who are motivated to drive its expansion. This initiative not only underscores the potential of integrating blockchain principles into gaming but also sets a precedent for future projects in the crypto gaming sector.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin Price Sinks Below $92,000: What Does This Mean for Investors?

Bitcoin Prices Plummet Below $92,000! --------------- 💰Coin: Bitcoin ( $BTC ) $91,894.20 --------------- NFA.

Bitcoin’s Price Surge: How a Break Above $96,000 Could Trigger $1.228 Billion in Short Liquidations

According to recent insights from COINOTAG, the current dynamics...

Aptos Network Integrates Chainlink Data Oracle for Enhanced Web3 Development

On January 10th, the Aptos Network announced its integration...

$18 Billion in BTC Options Set to Expire Today: Key Insights and Max Pain Point Analysis

In a significant development for the cryptocurrency market, data...

Microsoft Boosts Political Influence with $1 Million Donation to Trump’s Inauguration Fund

Microsoft has announced a significant contribution of $1 million...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img