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MUSE DAODistribution of Muse staking reward
A few weeks ago we announced the start of single $MUSE staking to earn $MUSE bought back using the NFT20 protocol fees. We decided to migrate to a new staking contract that offers more flexibility and safety based on the xSushi smart contract:The new contract issues Staked Muse (sMUSE), an ERC20 that offers a new range of use cases for the $Muse ecosystem.The first contract had an arithmetic error spotted by Bailey T that could have locked forever some $Muse on the contract in the long term a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’s been a while since the last community update, in part because we’ve been growing and working on so many things that we didn’t have time to write one, but time is due.CommunityAfter 9 months of daily product iteration and investing time in the community, we are really happy with the state of things and enjoy more than ever the every day of coming to discord and discussing ideas, laughing with, and getting mad at anon pepes, a dream come true.We also see a consisten...
<100 subscribers
MUSE DAODistribution of Muse staking reward
A few weeks ago we announced the start of single $MUSE staking to earn $MUSE bought back using the NFT20 protocol fees. We decided to migrate to a new staking contract that offers more flexibility and safety based on the xSushi smart contract:The new contract issues Staked Muse (sMUSE), an ERC20 that offers a new range of use cases for the $Muse ecosystem.The first contract had an arithmetic error spotted by Bailey T that could have locked forever some $Muse on the contract in the long term a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’s been a while since the last community update, in part because we’ve been growing and working on so many things that we didn’t have time to write one, but time is due.CommunityAfter 9 months of daily product iteration and investing time in the community, we are really happy with the state of things and enjoy more than ever the every day of coming to discord and discussing ideas, laughing with, and getting mad at anon pepes, a dream come true.We also see a consisten...
Subscribe to MUSE DAO
<100 subscribers
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Hi vNifters! today we are excited to share our new release and some of our short term plans.
Decrease inflation
Increase incentive to raise level
Make more fair minting vNFT / LP rewards/ wrapping
Get long term players
As always, we’ll keep developing the game for as long as we have fun and this is all an experiment. Those changes are done to improve the game and will be introduced with no guarantee of success, but we are trying.
As many noticed, the initial distribution and minting of $muse went pretty well, we grew from 0 pre mined $muse to 80K $muse held by 600 wallets without pre mine or ICO. The first phase of the game was designed to have great inflation so this new asset could get enough circulation and distribution and reward early adopters such as yourself.
However, at this pace we would reach the 1 million cap in a few weeks, this would introduce a new set of problems and it is not the right time to solve them, so here it goes:
Previous parameters:
level(score) = 2 * sqrt(2 * score / 100)
reward(level) = 5 + level * 6/7
New parameters starting tomorrow:
level(score) = 2 * sqrt(2 * score / 100)
reward(level) = 5 + level * 2/7
edited from reward(level) = 5 + level * 1/6 in original article
Hi vNifters! today we are excited to share our new release and some of our short term plans.
Decrease inflation
Increase incentive to raise level
Make more fair minting vNFT / LP rewards/ wrapping
Get long term players
As always, we’ll keep developing the game for as long as we have fun and this is all an experiment. Those changes are done to improve the game and will be introduced with no guarantee of success, but we are trying.
As many noticed, the initial distribution and minting of $muse went pretty well, we grew from 0 pre mined $muse to 80K $muse held by 600 wallets without pre mine or ICO. The first phase of the game was designed to have great inflation so this new asset could get enough circulation and distribution and reward early adopters such as yourself.
However, at this pace we would reach the 1 million cap in a few weeks, this would introduce a new set of problems and it is not the right time to solve them, so here it goes:
Previous parameters:
level(score) = 2 * sqrt(2 * score / 100)
reward(level) = 5 + level * 6/7
New parameters starting tomorrow:
level(score) = 2 * sqrt(2 * score / 100)
reward(level) = 5 + level * 2/7
edited from reward(level) = 5 + level * 1/6 in original article
New monsters!
Tomorrow Friday October 30 we will be distributing our second and last airdrop.
Starting tomorrow first generation characters will stop being generated. Airdrop participants and muse stakers will start seeing the new characters right away, they are randomly generated for every new mint.
In the next few weeks we are focusing on a new contract, we like to call it VNFTx
Here are some of the features that VNFTx will introduce:
Unique vNFT accessories and rarity points.
Multi feeding and multi mining
New strategies to play the game: attacks, challenges, and more (stay tuned for details on this in 2 weeks).
Much much more.
So much has happened since launch that we are not sure if the community is aware that vNFT started by Adam and Jules participating in a Hackaton.
This week the NFT Untitled Hackaton has ended and we submitted our progress, we are excited to see the results on November 7 and hope to win the first prize of $5000!.
We like to emphasize over and over that this is all experimental and you should not invest money in us if you are expecting to make returns. This is our experiment with fair launching, NFTs and community development, we are trying to do something big or fail badly.
Stay tuned for more news coming next week as things seem to move very fast with vNFT.
New monsters!
Tomorrow Friday October 30 we will be distributing our second and last airdrop.
Starting tomorrow first generation characters will stop being generated. Airdrop participants and muse stakers will start seeing the new characters right away, they are randomly generated for every new mint.
In the next few weeks we are focusing on a new contract, we like to call it VNFTx
Here are some of the features that VNFTx will introduce:
Unique vNFT accessories and rarity points.
Multi feeding and multi mining
New strategies to play the game: attacks, challenges, and more (stay tuned for details on this in 2 weeks).
Much much more.
So much has happened since launch that we are not sure if the community is aware that vNFT started by Adam and Jules participating in a Hackaton.
This week the NFT Untitled Hackaton has ended and we submitted our progress, we are excited to see the results on November 7 and hope to win the first prize of $5000!.
We like to emphasize over and over that this is all experimental and you should not invest money in us if you are expecting to make returns. This is our experiment with fair launching, NFTs and community development, we are trying to do something big or fail badly.
Stay tuned for more news coming next week as things seem to move very fast with vNFT.
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