The newly released SNKRZ implements a stable tokenomics ecosystem. Experience the completely renewed SNKRZ on the WEMIX chain!
The newly released SNKRZ aims to implement a stable tokenomics ecosystem through a metaverse designed around the interaction of exercise, land, and SNKRZ NFT.
NFT
SNKRZ NFT
A 3D shoe NFT in a metaverse. Each NFT has a unique design and different attributes. The rewards for exercise are determined by attributes, rarity, and level of the shoe.
LAND NFT
A metaverse space NFT linked to a real-world map. It is connected to the map and follows the actual movement of users, and the price of the Land NFT fluctuates according to the traffic flow of users.
TOKEN
FORCE
FORCE is the utility token of SNKRZ. With FORCE tokens, you can foster SNKRZ NFTs and purchase skins, items, and land, which diversifies the usage compared to SNKRZ 1.0
FIT
FIT is the governance token of SNKRZ, with a limited issuance of 6 billion tokens. It is used to develop land and shoes and advertising can be executed using traffic within the land.
Point
Workout Point (WP)
WP is a point that users can earn, which can be obtained every time stamina is consumed during exercise. The amount of WP that can be obtained per 1 stamina depends on the shoes users own and various contents available.
Land Point (LP)
LP is a point that a land owner can earn. The hourly available LP is determined by the user traffic on the land, the average rating of the tiles, the number of lands owned, and the occupancy rate within the entire land.
The breeding system has been simplified so that shoeboxes with a lower grade than the rarity of the shoes involved in breeding will not appear.
Unlike in SNKRZ 1.0, where stamina was capped at 100 minutes per day, there is no limit to stamina gains per sneaker, so the more shoes you have, the more workouts you can do.
Various items have been added to improve user experience and increase burn rate. The newly added items can be purchased with FORCE tokens.
Time Save: Reduces workout time and increases stamina efficiency Tile Boost: Influences the tile you are working out on and the tiles around you Tile Magnet: automatically acquire spots while working out Experience Potion: adds experience to selected sneakers
You can reveal the Starter Pack in the SNKRZ app by following these steps: "Purchase → Transfer to my SNKRZ wallet → Send to inventory (from the SNKRZ wallet)". Then, you can go to the in-app inventory, select Collection, and find the Starter Pack under the More menu to reveal it.
1) SNKRZ Shoebox, 2) Nile Starter Pack Special Epic Skin, 3) Random Skin Box, and 4) Various items to help you with your Sneaker workouts.
We'll airdrop a unique shoebox to a randomly selected buyer who purchased the Starter Pack. The winners will be announced 7 days after the start of the sale.
When you work out in your sneakers, you earn Workout Points. The number of Workout Points you earn throughout the day determines your tier and ranking for the day and rewards you with FORCE tokens.
As a utility token on the SNKRZ platform, FORCE can be used for purchasing items such as SNKRZ level-ups, skins, and also for future SNKRZ Land NFT purchases.
Available in the SNKRZ app, each shoe skin gives you a unique set of additional stats. Complete your skin collection to earn higher Workout points.
It consists of 'Time Save' that reduces workout time, 'Tile Boost' that records workout distance on multiple tiles, 'Spot Magnet' that automatically acquires spots around you, and 'Experience Potion' that increases the experience of your sneakers.