Project Introduction
The SocialFi project based on ERC404 can convert personal social influence into visible value. Users can create their own influence through boost and empower actions. To put it simply, this is a socialfi project that combines mining machines, frendtech and ponzi gameplay. Influpia’s airdrop points have been launched on Merlin Chain at 5:00 pm (UTC+8) on March 11, and more activities will be launched subsequently. The native token is $ING, and 7% of the total production will be used for airdrops. ING adopts a fair launch, without pre-mining, investors or team reserves, and only mints through active community participation. 100% ING Token is completely generated through the in-product mining mechanism. #热门话题
Project gameplay
main character
1 Influpass holder - Miner
Each Influpass corresponds to an exclusive mining machine, which can share 1% transaction profit and 1% mining profit. The mining machine will produce $ING according to time and power. Every 10,000 $ING will automatically mint an NFT (ERC404) with random power attributes, which can be used to enhance personal power and improve the production capacity of mining machines. It is highly practical and further promotes the positive flywheel.
In the early stage, there are only 200 Influpasses, earning 1% transaction fees and mining income, and the target is scarce. The initial price is 0.0005BTC, and the entry threshold is low. Buying one is equivalent to accounting for 0.5% of the computing power of the entire network. The input-output ratio is very high, and it will be slowly distributed with the activities in the future. 100,000 points can also be exchanged for an Influpass. The earlier the mining machine, the less likely it is to lose money, but because the early targets are cheap and the absolute value of the gain is low, the absolute value of the early income is relatively small, but this can guarantee the income of early users.
2 Guardian-Owner of mining machine usage rights
Buy other people’s mining machines through **boost** in Influpia
Get $ING mined by the mining machine, but the output of $ING needs to be claimed, and each claim costs a sum of Merlin gas.
If someone wants to collect all the rewards at once, if the influencer is robbed, the user will not have the claim $ING token. The game mechanism is that there is no need to place an order for buying and selling, and it can be bought by others at any time. The buyer will buy the unclaimed $ING in the mining machine, and the previous holder will lose the unclaimed $ING.
Trading Mechanism
The price of the mining machine is similar to the key purchase form of FriendTech. Each time you purchase it, the price of the next purchase will increase by 10%.
Only buying but not selling means that the price of mining machines will only increase and not decrease. As for 95% of the transaction amount, it will be returned to the previous mining right holder, 1.1*0.95=1.045. This is equivalent to earning 4.5% of the profit when the mining right of the previous guardian is bought. The price of mining machines will also rise with the increase of transaction frequency. At the same time, using the obtained transaction and mining profit to increase the production capacity of mining machines will further increase the value of mining machines.
Participation methods and potential risks
1. Holding mining machines: no cost to hold, very low risk, but Influpass is very difficult to obtain, $ING has low efficiency in revenue
2. Buy mining machines to mine $ING: $ING brings the most benefits, and you can grab the $ING that others have not claimed. However, the market is pre-cooled and the $ING may rot in your hands and cannot be resold.
3. High-frequency trading floor: strive for 4.5% trading income, there is a certain risk of not being able to transfer, but the overall certainty is higher
4. Free play: Free play, sign in every day to do tasks (https://influpia.com/airdrop) to complete daily tasks to draw points. Daily tasks include: Merlin Mark pledge greater than 0.0001BTC before the 3.11 snapshot, Boost (buy others), Empower (increase computing power), Boosted (purchased, this can only be done by influpass), Emwered (gifted, this can only be done by influpass), points can be exchanged for tokens, the invitation code can be obtained in the dc channel #invite, and the airdrop token ratio for points is 7%.
What can I do if I really want to take action?
Since the mining machine can be bought but not sold, it also means that the market's confidence in the trading prospects of the mining machine determines the trading activity. Once the trading frequency decreases, it means that the mining machine is likely to fall into a stage where there is a price but no market, which is particularly obvious for high-priced mining machines. So how to increase the turnover rate? Because the price cannot be reduced to suppress the floor, more ING can be given to the next buyer. In this way, although the mining machine itself is very expensive, a lot of unclaimed ING will make the mining machine more attractive. At the same time, spending a certain amount of ING to upgrade the power can also improve the competitiveness of the mining machine.
Lottery mechanism: Every time you invite a new qualified user, you will get an additional chance to draw tokens from the airdrop pool. Qualified users can participate in the daily lottery to win points, which can be accumulated and exchanged for various rewards within the Influpia ecosystem. You can receive airdrop rewards once a week, or once a quarter. At the same time, for Merlin pledgers, assets with a total value of not less than 0.001 BTC can participate in the daily lottery of the Merlin pledge pool.
In the second phase of the project, the project team plans to launch the Influpad platform to provide exclusive exposure and display, introduce brands, and establish a long-term cooperation mechanism.
Through the game mechanism, users can obtain tokens and enjoy a rich reward mechanism. In addition, there is also ERC404 empowerment gameplay, where every 10,000 tokens will be converted into an NFT, and NFT can additionally enhance a random power attribute. PVP gameplay will also be launched in the future. These are essentially to increase the value of mining machines.
