Strategic Approach and Phases
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Last updated
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Phase 1: Managing NFT Supply and Scholarship Program
For the initial launch (Phase 1), we plan to release 40,000 NFTs. This is paired with a goal of having at least 200,000 scholarship members, establishing a minimum ratio of 1 NFT to 5 players.
Our primary objective is not merely to sell a large quantity of NFTs, but to meticulously manage the balance between NFT supply and player demand. We aim to maintain a healthy and steadily growing NFT market by ensuring this minimum 1:5 NFT-to-player ratio. This approach is crucial for sustaining a vibrant and dynamic game economy.
Phase 2: Expansion and Collaboration
In Phase 2, we're looking forward to expanding our ecosystem by welcoming various NFT projects, public blockchain initiatives, and game guilds. Our goal is to assist our partners in overcoming common challenges in the GameFi and crypto industry, such as tokenomic bubbles and lack of utility in projects.
We believe in a philosophy of co-existence and shared success. Our intent is to contribute positively to the crypto industry, particularly in its formative stages, fostering growth and innovation.
Additionally, we plan to introduce a variety of new reward mechanisms in Phase 2. These enhancements will be rolled out once players are well-acclimated to the initial phase, ensuring a smooth transition and continuous engagement. By focusing on a controlled NFT release and building strong partnerships, Phantom Arena is poised to not only provide an engaging gaming experience but also to play a significant role in shaping the future of the GameFi and cryptocurrency industries.
