The Cardano NFT Pre-mint Pass
PLEASE NOTE: The Pre-Mint Pass program is no longer active. Please see our post regarding DEGA Elements for the latest developments.
We are keeping this post for posterity sake! Thanks for your support!
In our previous post, we hinted at an NFT that will grant you additional bonuses during the DEGA ISPO. Did you know that DEGA NFTs actually act as your avatar? Did you know they are chock full of additional utility in the DEGA ecosystem? In this post, we’re going to dig into our very first DEGA NFT to show you what we mean.
Introducing the Cardano Hero.
First, What does Pre-Mint Pass Mean?
A “Pre-Mint Pass” is very much like a voucher that you pay for now to get something later. It’s like when you do a pre-purchase on a video game or book. You don’t get the game or book immediately, but you’ve already paid for it and you get it on the release date. Our Pre-Mint Pass is like that. You buy a “voucher” today that will get you your NFT at a later date. The “release date” or “Mint Date” of your NFT is discussed below.
What does the Cardano Hero do for you?
During the DEGA ISPO | Pre-Mint Pass
The Cardano Hero Pre-Mint Pass will give you bonuses to your rewards. If you purchase a Pre-Mint Pass for the Cardano Hero during the DEGA ISPO, you will be granted a 5% $DEGA token bonus per epoch.
This set of NFTs will have a bonus that is tied to “chain affinity”, in this case Cardano.
What does this mean? The Cardano Affinity Bonus will only apply to rewards gained when staking $ADA. Holding additional NFT Passes will not increase your bonus. The NFT pass must persistently exist in association with your account per epoch for the reward to take effect.
As we add more chains to the Multichain ISPO, more heroes will be added with their respective affinities.
After the DEGA ISPO | Preview of Additional Powers
Once we complete the ISPO and execute the Token Generating Event (TGE), anyone holding a Pre-Mint pass will be issued a DEGA NFT for each Pre-Mint Pass they have. At mint time, DEGA will apply additional powers to the NFT that will have real effects in the DEGA Ecosystem.
All additional powers will be tied to your level status (SPARK, BURST, FORCE, or SUPERNOVA) in the ISPO.
LOYALTY ATTRIBUTE
In our post about DEGA Token Utility, we broke down quite a few ways you can use DEGA in our ecosystem. Some examples we discussed in the utility blog post were:
- Transaction Fees on DEGA Metachains
- Setting up your own DEGA Validator
- Proof of Stake Delegation
- DEGA Marketplace Purchases
- Payment of DEGA One API fees
- And Much More Utility to Come!!!
What the Loyalty & Reputation Power gives you is a percentage-based discount for any paid utility in the ecosystem. For more information about how your level ties to ecosystem discounts, see Fig 1: Powers Table below.
STRENGTH ATTRIBUTE
This is an attribute that will be applied to your NFT when it’s revealed.
It will range in strength from 0–10. This attribute increases your staking rewards in any future $DEGA token staking. The more DEGA Strength you have, the greater your rewards.
Anyone achieving the SUPERNOVA level in the ISPO, will be granted +1 buff to their DEGA Strength. If you are fortunate enough to mint a maximum rarity DEGA Strength NFT, we will break the limit for you in a spectacular way. For more information about how your level ties to DEGA Strength, see Fig 1: Powers Table below.
IMPORTANT NOTE: Stay tuned for additional Powers that we’ll be adding as part of our Play Your Way system. These are NOT the only powers we’ll be adding to DEGA NFTs!
How do I get the Cardano Hero Pre-Mint Pass?
There are two ways you can acquire a Cardano Hero Pre-Mint Pass.
- We will be offering the Cardano Hero Pre-Mint Pass for 38.1 $ADA as part of our JUNE 19th LAUNCH. Purchase instructions can be found here. PLEASE NOTE: IN ORDER TO RECEIVE THE ISPO BONUS, YOU MUST PURCHASE THE PRE-MINT PASS WITH THE SAME WALLET THAT IS DELEGATING TO THE STAKE POOL!
- We will also be offering the Cardano Hero Pre-Mint Pass as a prize in our various contests and competitions. Stay tuned to our Discord or Telegram channel to stay up to date on our various contests!
What’s Next for Our Multichain ISPO?
Keep an eye out for upcoming announcements regarding our Multichain ISPO.
- OFFICIAL LAUNCH ANNOUNCEMENT ON MONDAY, JUNE 19th!
- Our next chain in the DEGA Multichain ISPO
- Play Your Way updates regarding the DEGA NFT
Participate in Our Vision for a Better Web3
We can’t wait to see what the future holds for DEGA and the broader blockchain industry. Keep an eye out for updates on our progress and exciting developments in the world of blockchain!
We’re looking forward to your participation, so join DEGA’s socials to learn more about our ISPO and to prepare to engage in the future of gamified fundraising!
