Users in the crypto space invest more than just money into their chosen cryptocurrencies and projects. Time, effort, promotional videos, and an emotional attachment go into the projects. Pyroworld is looking to tap into this overall branding and merchandising opportunity and translate it into the real world.
This sense of brand can be helpful for both projects and investors creating a team effort that would be mutually beneficial for both.
What is Pyroworld?
Pyroworld is an NFT gaming and launchpad platform that aims to provide users with true value and multiple revenue streams. Pyroworld is building its brand to enable a synergetic transition into clothing, trading cards, action figures, and much more.
The platform intends to provide its token holders multiple benefits and capitalize on the time and effort that people put into projects. With a strong branding element, Pyroworld focuses on building token utilities that facilitate real-world sale of products.
NFTs and gaming
Gaming and NFT are gaining a lot of popularity in the crypto space. Pyroworld offers users a chance to experience a RPG trading card gaming experience that is unique and engaging. With an original set of characters based on a dystopian tale of commercial greed versus the 99%.
The first step towards this would the 1st drop of the 1st edition NFTs. Every character will be released in 3 formats: 3D edition,. Gold edition, and Trading card edition. All characters have their own hero rating between 1-5 and rarity level. This includes Legendary- Mythical, Epic- Maverick, Rare and Common.
Pyro’s Insured Launchpad
Pyroworld provides users and developers with a chance to publish their projects on a reliable and high-quality platform that has built its reputation in the space. Pyro token holders will also get access to private sales by staking their tokens and maintaining the minimum required number of tokens.
Doxing, contract audits, and including a Pyro team member to oversee operations are some of the trust tests Pyroworld uses to filter out projects that do not have long-term plans or use cases. Developers and project owners also have to submit their projects for audit within a specified timeframe that is decided by the Pyroworld team. As the funds are insured, Pyro token holders are guaranteed allocation.
The Pyro team will also hold onto the BNB raised from the private sale for 3-4 days after the project launches to ensure that token holders can be refunded in case of any foul play.
The first private sale for Chain Finance is currently ongoing on the Pyroworld platform.
Tokenomics
Pyro is the native token of the Pyroworld platform. It has a total supply of 500,000,000 tokens and works with the long-term vision of reducing taxes with a good portion of tokens being held for different purposes.
The Pyro token has an anti-whale max holder percentage of 1% that helps to restrict the maximum percentage that anyone’s wallet can hold. This helps reduce the chances of a single holder bringing down the price of the token.
Pyroworld also has a 2% fee for buying the token and a 8% fee for selling the token.
Pyro token has numerous use cases on the platform to enable long-term sustainability. This includes lottery, charity, and reflection utilities that will help to facilitate profit sharing, gaming, and the launchpad’s development.
NFT and BNB lottery draws
As mentioned earlier, the Pyro token gets an additional utility with the lottery element on the platform. Every week there are be 2 lottery draws – the BNB draw and the NFT draw. Anyone who holds the specified minimum amount of Pyro tokens is automatically entered into both draws. No additional costs or steps are required to enter the draws. The winners are announced on the Pyroworld Telegram community.
The NFT lottery draw includes 3 NFTs that are included in the lottery every week, every participant must hold 250,000 tokens to become eligible for both the draws. The BNB draw gets its prize money from the marketing transactions from any particular week. 10 winners are chosen every week for the BNB draw.
Conclusion
Pyroworld brings utility and innovation to the crypto space. The platform’s branding elements give its token further utilities while also relating it to real-world sales for products.
Pyroworld adopts a consumer-driven approach thereby helping in creating a gateway into the crypto space for mainstream audiences. This will also help in bringing in new investment and increasing the number of holders and value of an investment. The platform has long-term sustainability plans that focus on the growth of the community and token without being affected by the market cycles in the crypto space.
The private sale on the launchpad offers unique insurance against scams for token holders while also ensuring that all other elements of the project also deliver returns to its holders.
For more information on Pyroworld, please check out their official website.
Disclaimer: This is a paid post and should not be treated as news/advice.
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