With the continuous evolution of blockchain technology, the Sui public chain is redefining the boundaries of gaming and the Web3 ecosystem with its outstanding performance and unique architecture. Recently, Cointelegraph deeply analyzed how Sui breaks through the technical limits of traditional gaming, bringing new development opportunities to the Web3 field. Against this backdrop, OceansGallerie, as an innovative platform operating on Sui, is uniquely promoting the popularization and development of the blockchain ecosystem.
OceansGallerie integrates AI-driven Meme creativity, decentralized task distribution, and initial token issuance (IDO) to create an interactive ecosystem that combines fun and profit for content creators, investors, and community members. Through flexible task mechanisms, innovative NFT empowerment models, and decentralized governance, the platform not only gives users more sense of participation and control but also injects new momentum into the sustainable development of the Web3 ecosystem.
It is worth mentioning that OceansGallerie's goal is not only to serve existing Web3 users. The platform is committed to helping billions of Web2 users globally, especially gamers, smoothly enter the Sui ecosystem through fun and operable designs. These users can gradually experience and understand the core mechanisms of Web3, such as digital asset management, NFT acquisition, and token rewards, thereby bridging the gap between Web3 and traditional internet.
The emergence of OceansGallerie not only highlights the potential of the Sui public chain in the gaming field but also represents an important step towards the mainstreaming of the Web3 ecosystem. Through innovative interaction methods and extensive user coverage, OceansGallerie is working with Sui to write a new chapter in the development of decentralized ecosystems.
Core functions of the platform
1. AI intelligent Meme creation and task distribution
AI-generated Meme templates: The platform uses AI technology to automatically generate meme templates that align with current trends, helping users quickly create popular content to meet task and promotional needs.
Decentralized task distribution system: The platform offers a decentralized task distribution system covering creation, interaction, and promotion, allowing users to earn platform token rewards upon completion of tasks, which helps enhance content dissemination and interaction rates.
Combining tasks and investment: The tokens earned by users upon task completion can be directly used to participate in IDO projects, achieving dual incentives of task rewards and investment returns.
2. OceanLaunch - Innovative Meme IDO model and NFT empowerment
Decentralized issuance (IDO): Users initiate IDOs around specific Meme content, and community members can participate in investment through whitelist NFTs, ensuring transparency in the fundraising process.
Diversified NFT types: The platform supports various types of NFTs, including whitelist NFTs, project NFTs, and OTC NFTs, facilitating users to flexibly devise investment strategies and enhance liquidity.
Advantages over traditional IDO platforms:
Wide liquidity: OceanLaunch combines the dual attributes of tokens and NFTs to introduce more liquidity scenarios.
Flexible liquidity management: Whitelist NFTs support liquidity injection before TGE, while project NFTs allow users to continue trading after profiting during TGE.
3. Dual incentive mechanism: Task rewards and investment returns
Tokens earned by users upon task completion can be directly used for investment in IDO projects or to enjoy project returns, incentivizing deep participation in content creation and investment.
4. Decentralized governance (DAO) and community co-construction
DAO governance: Token holders on the platform can participate in voting to decide key matters, ensuring transparency and deep engagement in community governance.
5. On-chain reputation and identity system
On-chain reputation system: The platform analyzes users' task completion using AI to generate reputation scores. High-reputation users can gain higher privileges and enjoy more benefits from the platform.
Exclusive Meme identity NFT: Users participating in tasks and IDOs will receive exclusive NFTs to showcase their achievements and enhance interaction value.
6. Diversified NFT trading and secondary creation
Meme NFT market: The platform has a dedicated NFT trading market that supports the circulation of NFTs, allowing creators to earn revenue through NFT sales.
Secondary creation and revenue sharing: The platform supports users to create secondary creations of Meme NFTs and generate new NFTs, with smart contracts automatically allocating revenue proportions, promoting the flourishing development of the content ecosystem.
7. Data analysis and trend forecasting
AI trend analysis: The platform's AI analyzes user interaction data to recommend high-return tasks and popular IDO projects, helping users seize market opportunities.
8. QuestWave task platform
Task platform overview: QuestWave is an exclusive task platform within Oceans Gallerie, where users can participate in various tasks provided by the platform, such as interactions, creations, etc., and earn token rewards or NFTs as prizes.
Task types: Tasks include following social media, sharing content, creating memes, etc. Upon completion, users will receive tokens or NFT rewards from the platform.
9. User guidance from Web2 to Web3: Fun casual game module
Fun game module: Through simple and easy-to-play casual games, help 1 billion Web2 users seamlessly integrate into the Web3 ecosystem. Users do not need complex blockchain knowledge to experience digital asset management, NFT acquisition, and token rewards in the game.
Gradual guidance and rewards: Through task guidance in the game, users can earn tokens and NFT rewards, gradually understand the advantages of Web3, and enhance their awareness of decentralized asset management and community governance.
OceansGallerie token economic model
1. IDO (2%)
Allocation: 2%, which is 200,000,000 OCEANS
Unlocking method: 100% unlock at TGE
Purpose: All raised funds are injected into the liquidity pool
IDO details
Valuation: 5,000,000 USDT, unit price 0.0002 SUI, raising funds of 40,000 SUI
Time: November 11, 2024, 14:00 (UTC+8)
Rounds: NFT round and public round, offering 200 and 800 shares respectively, each worth 40 SUI
2. Initial community airdrop (8%)
Allocation: 8%, which is 800,000,000 OCEANS
Unlocking method: 100% unlock at TGE
Airdrop event: Joint airdrop with 7 SUI projects including Cetus, Hippo, Navi, Deep, etc. Each project receives different rewards based on allocation ratios.
3. Core contributors and early supporters (25%)
Allocation: 25%, for rewarding supporters of the OceansGallerie protocol
Unlocking method: Starts 1 year after TGE, 24 months of linear unlocking, fully unlocked in 3 years
4. Ecosystem growth (65%)
Allocation: 65%, supporting long-term ecological development
Unlocking method: 15% unlock at TGE for LP mining rewards on Cetus, the remaining unlocked over 3 years
Purpose: To fund developers and support community plans and initiatives, with 1% allocated for DEX liquidity addition
Advantages of Cetus LP mining
Cetus LP mining provides users with an opportunity to earn high returns in the Sui ecosystem. By participating in liquidity mining on the Cetus platform, users can enjoy generous APR returns while gaining extra profits from token price increases. The mechanism of Cetus LP mining not only enhances the attractiveness of liquidity pools but also increases user participation and market activity on the platform. For investors looking for high returns and willing to take certain risks, Cetus LP mining is an ideal choice.
Analysis of the performance of quality projects in the Sui ecosystem LP mining
The following are the performances of several well-known projects in the Sui ecosystem since the launch of Cetus LP mining, showcasing high APR and significant price growth, bringing quality returns to participants:
1. DEEPBOOK (DEEP/SUI)
Current price: 0.022189 SUI/DEEP
Pool APR: 318.9%
Total locked value (TVL): $6,461,962.74
24-hour trading volume: $13,181,735.33
Price increase: Since the launch of Cetus LP, the price of DEEP has risen from $0.005000 to a maximum of $0.066344, an increase of 1226.88%.
2. HIPPO (HIPPO/SUI)
Current price: 0.003828 SUI/HIPPO
Pool APR: 229.35%
Total locked value (TVL): $3,338,687.62
24-hour trading volume: $9,368,340.44
Price increase: Since the launch of Cetus LP, the price of HIPPO token has risen from $0.006081 to a maximum of $0.011579, an increase of 90.40%.
3. NAVX (NAVX/SUI)
Current price: 0.051642 SUI/NAVX
Pool APR: 75.03%
Total locked value (TVL): $1,827,425.73
24-hour trading volume: $1,432,680.03
Price increase: Since the launch of Cetus LP, the price of NAVX has risen from $0.06308 to a maximum of $0.30000, an increase of 375.66%.
How to participate in Cetus LP mining
1. Choose trading pair
On the Cetus platform page, select the liquidity pool trading pair you wish to participate in. For example, HIPPO/SUI trading pair.
2. Set price range
Cetus platform offers various price range options:
Conservative: Suitable for users seeking stable returns, with a narrow price range to reduce volatility.
Active and Full Range: Suitable for users with different risk preferences.
Custom: Users can customize the price range.
3. Enter the amount of tokens to deposit
In the Deposit Amounts section on the right, enter the amount of HIPPO and SUI tokens you wish to provide. The system will automatically calculate the ratio of each token (e.g., HIPPO accounts for 48.66%, SUI accounts for 51.34%), ensuring that the liquidity added meets the platform's requirements.
4. Confirm adding liquidity
After entering the token amount, click the Enter an amount button and confirm the transaction to complete the liquidity provision and officially become a liquidity provider (LP) for the trading pair.
5. Earn rewards
Once liquidity is successfully added, you will begin to receive liquidity mining rewards, primarily sourced from:
Pool APR: As shown in the figure, the current annualized return rate of HIPPO/SUI is 232.71%.
Trading fee: For each transaction that occurs on this trading pair, you will receive a share of the transaction fee.