What is the $COIN Farm Ecosystem and why would you farm COIN? A thread
http://coinartist.io #NFT #DeFi
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COIN LPs will share a monthly allocation of 10k COIN and 1M CRED distributed pro-rata relative to the total amount of liquidity provided over the duration of the 30 day intervals.
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This will be the only way to obtain $CRED, a token with exclusive privileges to the coin_artist NFT ecosystem explained further below.
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With over $700k worth of liquidity today, COIN is currently one of the most liquid social tokens on the market. https://www.coingecko.com/en?category_id=43&view=market …
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The launch of COIN Farming marks the start of a suite of exciting rollouts for coin_artist’s NFT ecosystem.
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In the near future this ecosystem will include farming with NFTs according to rarity, farming with Neon District game characters, and farming for NFT shards of highly sought after art NFTs and ND character sets exclusively with
$CRED.Show this thread -
Farming will also utilize Chainlink VRF for on-chain randomness of distributed rewards. I have acquired collaborative partnerships for rare cyberpunk themed art and game asset NFTs for the COIN farms.
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Where this gets interesting is adding in staking mechanics to earn limited editions wearables, exclusive sets and lottery prizes. Using COIN as a catalyst, Neon District enthusiasts will be able to farm unique NFTs earned exclusively through COIN staking.
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Neon District is putting the final touches on character crafting set to ship Sept 30th. This major milestone introduces a way to customize your avatar with varying rarities of NFTs that offer in-game benefits and social status. (Think VOLTRON but with NFTs).
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Each character consists of 6 unique NFTs (head, core, legs, arms, character body, and weapon item) which can be fused together to create a unique Neon District Cyberpunk character. In ND, a player groups 4 of these unique characters to form their “party” for PvP and PvE combat.
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In the future, character crafting will take on all forms of incentives, from set multipliers to in-game drops and loot boxes for completing quests. Stake a wrapped Neon District Character and earn COIN. Stake COIN and earn NFTs.
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CRED holders will also have access to an exclusive in-game store. CRED holders will be treated as COIN loyalists with exclusive perks for providing liquidity to the COIN ecosystem.
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To learn more about how it works and how to start farming
$COIN and$CRED, read this article:https://medium.com/@coin_artist_17801/the-coin-farm-ecosystem-roll-out-c3dbd3d19bc1 …Show this thread
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