Panama City, Panama, Sept. 05, 2022 (GLOBE NEWSWIRE) — Web3 company MetaBlox is releasing an NFT collection that promises to reward holders with ongoing income: the Genesis miner NFT.
As a miner+location NFT designed to earn crypto via mining and other specialized tools, the MetaBlox Genesis NFT is the first of its kind. It is scheduled to be released on OpenSea on September 6.
The Genesis miner NFT from MetaBlox pre-launched on BinanceNFT on August 24, with all 1,000 NFTs sold out within a week. The Genesis miner NFTs received significant market attention, the utility-focused NFT had been #1 in trading volume for the past three days, and the floor price continued to increase as well.
Another 1000 NFTs will be officially released on OpenSea: 950 regular and 50 Premium Genesis NFTs. The latter, more valuable edition will include improved mining features.
4 Profit-making NFT tools
MetaBlox NFT holders will earn ongoing income from four key tools:
●Cloud mining
●Betting of rewards
●Network profit sharing
●Community VIP status
Cloud Mining
Each NFT will be linked to a miner that generates crypto to provide location-based services such as WiFi to the general public. These profits will be collected by NFT holders as $MBLX crypto tokens.
MetaBlox miners are deployed in busy urban areas with high demand for location-based Web3 services provided by crypto miners. Genesis NFT holders therefore maximize their mining yield due to the miner’s location, earning more than they would if their miner was hosted in, say, a private residence.
Since the miners are installed and maintained by MetaBlox, NFT holders do not have to pay operational costs for mining.
Wagering of rewards
After the release of the Genesis NFT, MetaBlox will open a staking pool where holders can stake their NFT for daily $MBLX token rewards. And with NFT’s flexible staking feature, holders will be able to withdraw their NFT from the staking pool while keeping all tokens earned for each staking day. Holders can expect to earn around a dollar for each day their NFT is staked.
The MetaBlox NFT staking pool opens on September 12, 2022. The pool closes on December 12, the day staking rewards become available for withdrawal by NFT holders.
Network profit sharing
MetaBlox NFT holders earn crypto to provide ISPs with Web3 infrastructure as well. Service providers buy the Web3 access provided by the miners, who become nodes on their 5G networks. The operating profit from such collaborations is also sent to NFT holders as $MBLX tokens.
Community VIP status
All MetaBlox NFT holders are granted community member status, which comes with the following benefits:
●VIP status at special events held by MetaBlox and its partners
●Special airdrops from gamefi partners
●Increased mining revenue from defi partners
●Discounted pricing for using the MetaBlox network for businesses
●Stronger voting rights in community governance
The additional passive income earned as a result of these benefits is designed to reward NFT holders for their early investment in MetaBlox and Web3.
What will be next?
MetaBlox NFT will be available on OpenSea on September 6, 2022, while supplies last.
For more information on MetaBlox, click on this link:
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Discord: https://discord.io/MetaBlox
Telegram: https://t.me/ChatonMetaBloxCommunity
Medium: https://medium.com/metablox-network
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