Preface
Since the birth of the new GameFi concept that combines gaming with blockchain technology, AAA GameFi games have become the holy grail of blockchain gaming.
This is also the goal Seraph aims to achieve. Seraph Studio entered this field as early as 2021, investing significant resources to develop AAA-level blockchain games.
Based on the immense potential of blockchain, Seraph aims to bring mainstream Web2 players into Web3, demonstrating to the world that games can provide not only fun and a sense of achievement but also real-world rewards.
After more than three years of development, Seraph is about to welcome TGE. The Seraph project is set to explode in the GameFi space with its TGE.
Introduction to Seraph
Seraph is an action role-playing game (ARPG) blockchain game, currently ranked first on the BNB Chain.
Seraph has achieved several important milestones. During Season 0, Seraph attracted over 90,000 players and generated 10 million USD in revenue, demonstrating strong economic performance and user retention.
Seraph will officially launch the S1 genesis season on January 6, 2025, at 09:00 UTC. The S1 season will introduce new challenges, activities, and rewards to keep players engaged and motivated. The seasonal structure ensures continuous content updates and incentive mechanisms to attract new players to join the ecosystem.
Seraph is not only a blockchain game but also a pioneer of AI-driven Web3 games. The deep integration of AI technology enhances the gaming experience, including smart companions, adaptive difficulty settings, and dynamic visual effects. AI-generated voice acting, character design, and personalized gaming assistance provide players with an immersive experience. In addition, AI-driven game pets can offer strategic analysis, market data, and real-time advice, creating a constantly evolving dynamic gaming environment.
Seraph is leading the future of GameFi. With the launch of the SERAPH token economic model and the genesis season S1, players will experience a brand new gaming experience and infinite possibilities.
Overview of SERAPH token economics
Token overview:
● Token code: $SERAPH
● Total supply: 1 billion tokens
● Network: Ethereum mainnet and BNB Chain
● TGE date: January 6, 2025, 12:00 UTC
Token allocation:
● Community airdrop and incentives (40.5%): rewards NFT holders, players, and participants in community activities to promote long-term interaction.
● Core contributors (18%): Allocated to the team and advisors, with a vesting period to ensure long-term commitment.
● Investors (6.42%): support ecosystem growth, with a reasonable vesting period to ensure sustainability.
● Foundation (17%): Reserved for partnerships, exchange listings, and long-term development.
● Ecosystem development and marketing (18.08%): Focused on promotion, liquidity, and global market activities.
Why we are optimistic about the SERAPH token
1. The Seraph airdrop takes great care of the community and players.
Community airdrop and incentives (40.5%): rewards NFT holders, players, and participants in community activities to promote long-term interaction.
The NFT airdrop is divided into four phases. Based on community feedback, the airdrop in the first phase for NFT holders was well received. Even users who bought at high prices will profit from the four phases of airdrop, not to mention those who bought at low prices.
For the genesis NFT, the project team listens to community feedback and responds promptly, demonstrating a high level of sensitivity from the team and a willingness to share benefits with the community that truly supports the project.
2. 6 million SERAPH tokens for the S1 genesis season
Seraph has the opportunity to replicate the wealth effects of STEPN and BIGTIME. Gamers should not miss out.
The first season S1 of Seraph has a total of 6 million SERAPH token rewards, not including the daily produced crystals, achieving a true 'play-to-earn' model.
Below is the basic information for the S1 genesis season:
Season period: January 6, 5 PM to February 10, 5 PM
Season rewards: 6 million SERAPH
? Ladder Ranking Rewards: 1.5172 million, distributed weekly and at the end of the season;
? Chaotic Secret Realm: 3.6 million, distributed weekly based on contribution value;
? Hidden Prison: 622,800, distributed weekly;
? Crystal destruction: 200,000, distributed based on the proportion of crystal destruction at the end of the season.
The 6 million SERAPH tokens, if calculated at the pre-listing NFT price of 0.60 U, would result in a prize pool of up to 3.6 million USD, which is exciting for gamers.
In contrast, Seraph, which does not have a rental system, has a relatively high entry threshold. The floor price for a gold farming NFT equipment is about 650 U, but unlike running shoes, Seraph's gold farming NFT equipment has consumption and can only be restored by dismantling the NFT. Additionally, the difficulty of obtaining NFTs is also not low, which helps reduce inflation.
3. Low circulation
What opportunities does Seraph offer for users who do not play games?
As mentioned above, the pre-listing NFT price is 0.60 U. According to the official data provided on Coinmarketcap, the initial circulation of SERAPH is 111 million tokens. If the token is 0.60 U, then Seraph's market cap is about 66 million USD, with an FDV of 660 million USD. With a circulating market cap of 66 million USD, isn't it easy for market makers to control the supply?
4. Utilities of the SERAPH token
The SERAPH token also has many utilities that support the Seraph ecosystem, such as:
Reforge chaotic affixes for NFT equipment;
Unlock attributes dropped by NFTs;
Participate in exclusive NFT drops;
Community governance activities;
According to official announcements, more features are coming soon to enhance engagement and gameplay.
With the TGE of Seraph and the launch of the genesis season S1, and with SERAPH's initial circulating market cap being only 66 million USD, combined with the consumption and application scenarios of the SERAPH token in the game, it is likely that the SERAPH token will be in short supply in the gaming ecosystem. Therefore, I am cautiously optimistic about the performance of the SERAPH token. But please DYOR.