Private 2 round changes and additional benefits

CryptoQuest
8 min readMar 28, 2022

--

Private 2 Round Summary

Here is a summary of all the changes and additions to the Private 2 Round, which will be held on 3/28 at 10:00 UTC.The summary is as follows

━━━━━━━━━━━━━━━━━━━━

- Additional Benefits

  1. 1 ETH Reward (Benefits for participating in all Rounds combined at 1 ETH or more)
    1–1 Premium Loot box Ticket (Rarity random)
    1–2 Meta Badge NFT
    1–3 $QUEST Airdrop Quantity UP

2. Benefits over specific ETH
2–1 Premium Loot box Ticket (fixed rarity)

- $METAD Unlocked

- Compensate for the cost of gas by $METAD

━━━━━━━━━━━━━━━━━━━━

Additional benefits

1 ETH Reward (Benefits for participating in all Rounds combined at 1 ETH or more)

1–1 Premium Loot box Ticket (Rarity random)

We will be handing out “Premium Loot box Ticket” as a special offer for participation with 1 ETH or more.

These tickets will be distributed as NFTs and can be resold in the marketplace.

There will be 5 types of tickets available.

  • Legendary Loot box Ticket
  • Epic Loot box Ticket
  • Rare Loot box Ticket
  • Uncommon Loot box Ticket
  • Loot box Ticket

*These tickets are guaranteed to eject NFTs of that rarity or higher. For example, an Epic ticket will eject an NFT of Epic or higher, so you can get either Epic or Legend.

These five types of items will be distributed to eligible participants completely at random.

Epic and Legend NFTs are expected to fetch a very high price, so the moment you get an Epic Ticket or Legend Ticket, you can be sure of a big profit.

Epic and Legend NFTs are less likely to be released from the root box, so they will be worth a lot of money when you get them.

Of course, this is the only time you can get this ticket, and it will not be available in the future.

In other words, this Ticket is rare and may increase in value significantly in the future, so it is a good idea to keep it.

Also, you can get one card for every 1 ETH with no upper limit.

If you join with 10 ETH, 10 “Premium Loot box Ticket” will be distributed randomly.

So, for example, if you are currently participating with 2 ETH, you can receive a total of 3 tickets if you participate with an additional 1 ETH at the next sale.

Everyone has a chance to get a Legend Ticket starting at 1 ETH, and if you are able to pull off a Legend Ticket, it will be worth the same as if you participated with 20 ETH.

It’s a dream come true, and you can grab your chance.

The Special Loot box will be opened in June or later, after the regular Loot box period, which will start in May.

1–2 Meta Badge NFT

The first of the additional benefits is the Meta Badge NFT, as shown in the attached image.

Let me tell you what this is…

In a nutshell, it is a “ticket to an exclusive channel” on Discord.

Holders of this medal NFT are proof that they are comrades who have supported Crypto Quest Metaverse from the very beginning.

So there may be special announcements to be made on the dedicated channel and airdrops to NFT holders.

As for this Medal NFT, there are no plans to issue it in the future, and it will be a special NFT that only the participants of this sale will be able to obtain.

In other words, only 230 will be issued at this time, as there are only about 230 participants at 1 ETH or higher at this time.

In addition, The maximum amount of mints for a meta badge NFT is limited to 300.

The fact that there is a cap on the number of NFTs to be issued means that they are highly scarce.

Of course, since it is an NFT, it is also available for secondary sales in the marketplace.

Please note that if you lose this NFT, you will no longer have the right to enter the community and the rights will be delegated to the NFT holder.

We are planning to offer many returns that only the holder can enjoy, so we expect that the value of the NFT will increase very much.

When Crypto Quest Metaverse becomes a global game, being an early supporter will be a proud medal and will benefit you greatly.

Please accept this NFT as a comrade who is committed to the success of the Project together.

You will be able to access a special channel by authenticating in the Discord with your NFT.

1–3 $QUEST Airdrop Quantity UP

$QUEST is the most important token and provides significant returns to its holders.

Every $METAD spent in CryptoQuest is returned to the $QUEST holder.
This means that just by holding $QUEST, you will earn a dividend based on the amount of $METAD consumed in the entire game.

The distribution ratio has not yet been finalized, but as an example, 50% will go back to the gaming ecosystem and 50% will be distributed to $QUEST holders.
The dividend will vary based on the percentage of $QUEST held, so the more $QUEST held, the greater the reward.

Furthermore, the more people play the game, the more $METAD is spent, which makes the payout even larger.

The $METAD used in the May root box will also be pooled as a reward to $QUEST holders, who will receive some form of return after the $QUEST distribution.
No matter how many $METAD you get after the July DEX listing, you will not get a single $QUEST.

Early supporters will benefit the most and it is easy to imagine how much $QUEST is worth.

This time, if your participation in the sale totals 1 ETH or more, we will greatly increase the airdrop rate of this $QUEST.

Details are still being finalized, but we will design it to give you a huge advantage over an investment of less than 1 ETH.

Depending on how much more $QUEST you get in this sale, there will likely be a considerable difference in your future returns.

We urge you to participate with at least 1ETH to receive all the benefits.

Specific ETH Rewards

Premium Loot box Ticket (fixed rarity)

This is a special benefit that you will receive if you participate at a specific ETH or higher.

  • 1 ETH: Rare Loot Box Ticket x 2
  • 3 ETH: Epic Loot Box Ticket x 1
  • 5 ETH: Epic Loot Box Ticket x 1 , Rare Loot Box Ticket x 5 (limited to 50 addresses in total from 3~5 ETH)
  • 10 ETH: Epic Loot Box Ticket x 2 (limited to 20 addresses)
  • 20 ETH: Legend Loot Box Ticket x 1 (limited to 3addresses)
  • 50 ETH: ??? ×1 (limited to 1 address)

These will be distributed separately from the root box tickets per ETH.

If you join with 10 ETH, you will receive “Premium Loot box Ticket (Rarity Random) x10” + “Premium Loot box Ticket (Epic) x2”.

Epic and Legend NFTs are expected to increase in value very much and may be worth more than the amount you participated in the sale.

These are limited quantities, so be sure to acquire them.

$METAD Unlocked

Because of the $0.09 price point for the Private2 Round, we would like to encourage as many people as possible to participate in this event.

Therefore, after discussion with our team, we have decided to lift the $METAD lock period for Private2.

If you want $METAD without the lock, please join us in Private2 Round, whether you are new or already participating.

Participants in previous Rounds can also use it in the Root Box by making a bulk claim as $sMETAD, so it is effectively unlocked when used in the Root Box.

We believe this change will be a beneficial measure for all sale participants.

The game needs more players to grow in the long run, and the more players and the more charges such as Loot boxes, the more it will benefit the ecosystem.

However, during the last sale, there was an unforeseen spike in gas prices and a number of people were unable to participate.

This was not good for the future of the game and we needed to find a way to get more people to participate.

For this reason, we have decided to eliminate the $METAD lock period for this sale.

We hope that past participants will recognize this as an opportunity for more people to participate and as a positive ingredient for the growth of the game.

$METAD to compensate for gas costs

The cost of gas is now relatively low, ranging from $20 to $50.

On the other hand, many of our past sale participants have paid as much as $100 or $200 for gas.

We chose to have the sale on the ETH chain out of a desire to encourage more people to participate.

However, we are very sorry that some people were unable to participate as a result of the high gas prices.

We have calculated that a total of over $70,000 has been spent on gas in the sale so far, and our team is not pleased with this result.

We are truly proud of the large number of people who paid the high gas prices and participated in the sale under these circumstances.

As we have announced several times, we will make up the cost of gas paid unnecessarily.

Looking at the current gas prices, we feel that around $50 is a fair price.

So, for those of you who had gas costing more than $50, we will airdrop $METAD for the $50 excess.

So, if you paid $150 for gas and purchased $METAD, you will receive $100 worth of $METAD in excess of $50.

The $METAD will be made up after the entire sale is over.

The total compensation will be nearly $60,000, but rest assured that this will be made up from the founders’ share and will not affect the ecosystem.

However, there are two conditions regarding the return of gas this time.

- The $METAD must have been officially purchased.
- Gas costing more than $50

These are the two conditions for compensation.

In other words, if an error occurs due to insufficient gas, but you have not officially purchased $METAD, you will not be compensated.

If you are able to purchase $METAD by the end of the Private Round, we will retroactively airdrop all gas costs from the Private Round in excess of $50 as $METAD.

This gas cost compensation applies not only to Private Round 1, but also to Private Round 2.

So, hypothetically, if you officially participate in the $METAD sale today and happen to have a $100 gas cost, we will make up the $METAD for the $50 after the sale.

The reason we are taking this action is because we want to make sure that once you have made the decision to participate, you will officially join us as a fellow member.

The sale will start on 3/28 at 10:00 UTC.

We will make sure to grow the product into something that will make you think, “I’m glad I joined back then,” so please join us and become one of our friends.

--

--

CryptoQuest
CryptoQuest

Written by CryptoQuest

We are developing a Blockhain Game inspired by Japanese RPG. https://crypto-quest.org/

No responses yet