Unveiling: Genesis Master Pass Mint Time and Exclusive Early Bird Campaign!

May 5, 2024

Dear Master Protocol community, we are thrilled to unveil the official time & round regarding the highly anticipated Genesis Master Pass Mint, along with an exclusive Early Bird campaign tailored to our valued participants. Please read on for important times and exciting incentives.

Mint Time

• Guaranteed WL Round 1: May 6th, 12 PM UTC — 4 PM UTC

• FCFS WL Round 2: May 6th, 4 PM UTC — Minted Out

Please note: Free Mint for WL holders only. Each wallet can only mint 1 NFT.

If you hold a Guarantee WL but missed the Round 1, you are still eligible to mint during the Round 2, however, following the FCFS principle, minting success is not guaranteed.

Early Bird Campaign with Additional Points

In appreciation of our early supporters, we are introducing a rewarding Early Bird Campaign. Participants who stake their NFTs within 5 days after the start of minting (from 12 PM UTC on May 6th, onwards, for a duration of 120 hours) will receive additional points as a reward. The breakdown of points is as follows:

• SSR Holders: 2250 points

• SR Holders: 600 points

• R Holders: 150 points

Rules:

Users must stake for at least 30 days to receive the aforementioned points reward. Points will be distributed in full after 30 days (720 hours) from the moment of staking. Please note that if a participant unstakes their NFT during this period, they will forfeit all points earned through the Early Bird Campaign.

Genesis Master Pass Introduction

The Genesis Master Pass comprises 6500 NFTs, categorized into three tiers: Master Pass-SSR, Master Pass-SR, and Master Pass-R. These passes are essential for participation in the upcoming Master Incentive Pre-mine Phase, offering opportunities to earn points and redeem token airdrops. SSR Pass serves as the virtual miner, enabling stake to mine with one-click. Holders of SR and R passes can also earn points by completing daily tasks after staking.

• Supply: 6,500

• Price: Free Mint (Excluded Gas Fee)

• Chain: Base Chain

Time:

• Guaranteed WL Round 1: May 6th, 12 PM UTC — 4 PM UTC

• FCFS WL Round 2: May 6th, 4 PM UTC — Minted Out

Issuance Quantity:

• SSR — 500

• SR — 1,500

• R — 4,500

Daily Point Output Ratio: SSR:SR:R=150:40:10

Gameplay 1: Combination Mechanism to Upgrade SSR PASS

To add a strategic layer to the holding of NFTs, the Genesis Master Pass incorporates an upgrade system where holders can combine NFTs to ascend to higher tiers.

When you combine 3 R Passes, you’ll receive 1 SR Pass. Likewise, merging 3 SR Passes will yield 1 SSR Pass. This mechanism not only promotes active participation but also enables you to enhance additional earnings.

Gameplay 2: Invite-to-Earn System to Get up to 50% Bonus

Each Pass holder will get an exclusive invitation code after staking on the official website. By inviting other holders to enter the invitation code and stake, both parties will receive bonus points. The more team members you invite, the higher the bonus points. A single user can earn up to a 50% bonus in points. The specific rules are as follows:

As an Inviter:

• Inviting 1–5 holders to stake grants a 1% member point bonus per invitee. Upon reaching 5 team members, a one-time 5% additional point bonus is awarded, totaling up to 10%.

• Inviting 6–20 holders to stake grants a 0.5% member point bonus per invitee. Upon reaching 20 team members, a one-time 7.5% additional point bonus is awarded, totaling up to 25%.

• Inviting 21–100 holders to stake grants a 0.1875% member point bonus per invitee. Upon reaching 100 team members, a one-time 10% additional point bonus is awarded, totaling up to 50%.

As an Invitee (excluding Inviter):

• With 1–5 members who stake, each member contributes a 0.5% member point bonus to all members, with a total possible bonus of up to 5% upon reaching 5 members.

• With 6–20 members who stake, each member contributes a 0.25% member point bonus to all members, with a total possible bonus of up to 12.5% upon reaching 20 members.

• With 21–100 members who stake, each member contributes a 0.09375% member point bonus to all members, with a total possible bonus of up to 25% upon reaching 100 members.

Note:

If an invitee unstakes, the inviter will no longer receive the point bonus from that member. The Unstake rules are as follows:

SSR:

• Unbonding Period: 7 days

• Points Calculation: Points will not be calculated after submitting the unstake application.

SR:

• Unbonding Period: 24 hours

• Points Calculation: Points will not be calculated after submitting the unstake application.

R:

• Unbonding Period: 24 hours

• Points Calculation: Points will not be calculated after submitting the unstake application.

The point bonuses for Inviter and Invitee can accumulate, but the maximum point bonus for an individual user is capped at 50%.

For more details: https://link.medium.com/fFbe7BOgkJb

We encourage all WL holders to mark their calendars for the Mint Time and take advantage of the Early Bird Campaign for enhanced rewards. If you haven’t been whitelisted, join our Discord now to seize the last chance: https://discord.gg/masterprotocol

Thank you for your continued support, and we look forward to an exciting journey ahead with Master Protocol.

Links

Website: https://www.masterprotocol.xyz/

Twitter: https://twitter.com/MasterProtocol_

Discord: https://discord.gg/masterprotocol

Medium: https://medium.com/@MasterProtocol_