Wax Blockchain is home to amazing projects that helps pushes the boundaries and the possibilities of what a blockchains can achieve. Throughout my wax blockchain experience, I have found amazing projects with different ideas that plans to achieve something great sometime in the future. But that is the problem, they are just great ideas. A lot of projects gives us hope for the future but it takes a while and a lack of communication from the team to get to that goal that they promise, which causes the player base to lose hope and eventually die down before the game/project have actually been fleshed out. Finding a project that does all of this right, is challenging, but I believe I have found the next best thing.
What is NFT Stonkers?
NFT Stonkers is a project that started roughly around 3 months ago, the project has laid out its first year plan with frequent updates every few weeks to keep player interested and build upon the community it has created.
NFT Stonkers is essentially a community focused game, where the projects main objective is to allow members of the community to take part of a big and expensive projects through the community reward pool. NFT Stonkers also rewards their NFT holders with their net proceeds from drop sales, aftermarket sales, and other revenue streams.
NFT Stonkers has recently released it's whitepaper with all the necessary information players would need to get familiar with the project. And on top of that, the roadmap has also been recently shared to the public, reassuring the community on what's to come from NFT Stonkers.
Reward System
NFT Stonkers has a holding account for the project that serves as a income stream that will be distributed for their members. The distribution of these wax are based on the NFT's you hold from NFT Stonkers. NFT Stonkers has released Stonk Cards that is meant to serve as how much share you're getting from the reward pool. There are different rarities: Common, Rare, Epic, Legendary, and the soon to be released Mythic.
Here is an image of the current holding of the reward pools account:
Image taken from nftstonkers.com
The rewards are distributed weekly, in two forms: Wax and Stonk Points. Stonk Points is a currency created specifically for the NFT Stonkers game. It has a lot of use case in crafting. The wax reward pool is constantly increasing every week, on the 12th of July the reward pool was sitting at 3150 Wax, and the latest wax distributed to the member is 3600 wax.
Here is an image on what Stonk Points look like:
The distribution process of Wax is automated, which means wax would come directly to your wallet every week just by holding nft's that rewards you. While Stonk Points have to be claimed manually through their website: nftstonkers.com.
NFT's That Rewards:
There are a lot of ways you can earn both Wax and Stonk Points from NFT Stonkers. From their Stonk cards, moments collection, and badges. Here are the breakdown of all of the current NFT's that yield Stonk Points:
Here is the breakdown of all the NFT's that rewards Wax (amount revised monthly):
Collaboration
Along with all of the NFT's that rewards the community with Stonk Points and Wax. There are collaborations that also yields rewards, such as the Wax Arena Stonks, which would provide rewards to all the holders a percentage of their sales. From the last sales, people who held these cards got from: 80 Wax, 800 Wax, and 8000 Wax depending on which Wax Arena Stonks you held.
There are future collaborations planned, and each have its unique reward and benefit. Keep an eye on these news on the official NFT Stonkers discord server.
Statistics
I have been following NFT Stonkers from its first month, where everything was relatively cheap at that time. The most expensive Stonk Cards were selling for around 11 Wax each and the cheapest stonks would go as low as 5-6 Wax. These Stonk Cards that I have just mentioned has sky rocketed in value, where common cards are currently priced at around 50 Wax each, and the current lowest pricing on the secondary market being 100 Wax.
Other rarity cards such as the Epic and Legendary was priced at 50 Wax and 200 Wax, currently Epic is selling for 900 Wax and Legendary around 2000 Wax.
If you are looking into buying some NFT's from NFT Stonkers that is worth the price and has the highest rate of ROI, in my opinion you should invest in the new machine that will be used for the future game mechanic. The mint cap on these machines are only 500, getting your hand on something that will be very valuable in the future would be very beneficial since its currently priced at about 190 Wax.
Considering that it only has been about 3 months since the launch of NFT Stonkers, it is currently doing very well in the Wax Blockchain. With a healthy numbers of transaction on the secondary market even though it is currently still in the very early stages of it's game development.
Upcoming Features
From the Roadmap that they have shared we are able to see that we have passed the "Seed Phase". Website, Whitepaper, and the first game blend has officially been released and out on the open to be used by the public. By August-October, we should expect the dashboard of the game to launch, which will bring a large number of new players to the community, thus increasing the price of these Stonks. Character Crafting is also expected to launch at the same time, which is why it is so important for you to get your hands on these machines before that has been released. Lastly, the expansion phase would take place on November, and more mechanics are yet to be shared to the public.
If you are interested in knowing every event that is related to NFT Stonkers, you can head to their schedule page on their website, which will describe all of the event and activities of each week:
Thank you for taking the time to read my blog, if you have any feedback and criticism on how I can improve my writing you can leave them down on the comments below. Your like & share would also be greatly appreciated!
Useful links for NFT Stonkers:
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