Introduction
In the Arcadium ecosystem, we introduce an innovative and engaging way to distribute Arcadium tokens by combining collectible NFTs with interactive gameplay elements. This system encourages active participation, strategic decision-making, and community engagement, turning the token distribution process into a fun and rewarding experience.
RewardPoolNFT: Your Ticket to Rewards
The RewardPoolNFT is a special non-fungible token that represents your entry into the Arcadium reward pool. By owning a RewardPoolNFT, you gain access to periodic token rewards distributed among active participants.
How It Works
- Minting Your NFT: Users can mint a RewardPoolNFT by paying a specified price using either the native blockchain token or an accepted payment token. Each NFT is unique and comes with a “health” attribute.
- Claiming Rewards: During designated claim periods, NFT holders can claim their share of the reward pool. To participate, simply call the claim function during the active period.
- Health Mechanism: Every time you claim a reward, your NFT’s health decreases slightly. This introduces a strategic element—you need to maintain your NFT’s health to continue receiving rewards.
- Community Threshold: Rewards are distributed only if a minimum number of participants have claimed during the period. This encourages community participation and ensures fair distribution.
RepairPotion: Keeping Your NFTs Healthy
The RepairPotion is a utility token designed to restore the health of your RewardPoolNFTs, ensuring you remain eligible for rewards.
How It Works
- Purchasing Repair Potions: Users can buy RepairPotions using the accepted payment token or native token. This provides a straightforward way to acquire the means to repair your NFTs.
- Repairing Your NFT: If your NFT’s health drops below the minimum threshold, you can use a RepairPotion to restore it. This keeps your NFT active in the reward pool and adds a layer of strategy to the game.
The Gamified Experience
By integrating these two contracts, the Arcadium ecosystem transforms token distribution into an interactive game:
- Active Participation: Regular engagement is rewarded. The more consistently you participate, the more rewards you can claim.
- Strategic Management: Decide when to claim rewards and when to repair your NFTs. Balancing these actions can maximize your benefits.
- Community Engagement: The minimum claim requirement means that collaborative participation benefits everyone, fostering a strong community spirit.
Benefits to Users and the Ecosystem
- Enhanced Value: NFTs are not just collectibles; they have practical utility, increasing their value to holders.
- Engaging Platform: Turning token distribution into a game makes the process enjoyable, encouraging users to spend more time on the platform.
- Sustainable Growth: By incentivizing active participation and ongoing engagement, the system supports the long-term health of the Arcadium ecosystem.
Conclusion
The combination of RewardPoolNFTs and RepairPotions offers a fresh and exciting approach to distributing Arcadium tokens. It moves beyond traditional distribution methods by gamifying the experience, rewarding users not just with tokens but with an engaging and interactive platform. This system strengthens the community, adds value to the tokens, and enhances the overall appeal of the Arcadium ecosystem.
More Resources
Arcadium is part of a larger ecosystem of projects under the Barayin DAO umbrella.