SWAGGYLions Club: Whitepaper (Updated July)

SLC-VIP Pass Via Opensea

WHY:

What is Mining:

SWAGGYLIONS CLUB MINING REWARDS

To participate in our Monthly Mining Rewards Program you have to understand above’s information on mining, as well as the following:

Photo by Quantitatives on Unsplash

What Is Proof-of-Stake (PoS):

The Plan for Validators, as the ETH2 Series and Polygon Evolution continue we will update this section until further notice once we attain 32ETH we will stake for Validator privileges and release more information

What is STAKING:

If a NFT or Crypto you own allows staking you can “stake” some of your holdings and earn a percentage-rate reward over time. This usually happens via a “staking pool” which you can think of as being similar to an interest-bearing savings account. The reason your crypto or NFTs earns rewards while staked is because the blockchain puts it to work. Cryptocurrencies and NFTs that allow staking use a “consensus mechanism” called Proof of Stake, which is the way they ensure that all transactions are verified and secured without a bank or payment processor in the middle. Your crypto, if you choose to stake it, becomes part of that process.

How do I start staking? SLC Staking Rewards

As we further develop we will release an active staking platform in which you can deposit your NFT Tokens of SLC into a Decentralized Application to stake them for specific time frames. In this time frame you will earn a specific amount of Coins TBA. As the equation and more information is released we will provide more details within our discord and communication lines. As of right now staking will not affect your mining rewards due to snapshot, this was a great question in a hosted space. The staking equation will be released as development progresses.

Photo by Quantitatives on Unsplash

COMMUNITY OUTLETS

The Community’s primary focus is the following outlets:

Discord: We use the discord as a main hub in which you earn points, check announcements, and communicate with others as well as other great benefits. This is crucial for our community because, our “Economy” Section is tied to internal games, livestreams, and AMAs in which points are given out to winners and or participants that can be used to claim rewards down the line.

Twitter & Spaces: We LOVE Twitter not only for the spaces and great conversation, but for the real time marketing and partnerships that can be made on the spot. A lot of ALPHA is given out and the owner as a DEV is always sharing the new to the community. Twitter will be SWLC main hub for on the go Lives, AMA spaces, and real time uncensored news from the management team.

Play2Earn Land Purchase

Once we have the set amount to purchase land on Sandbox.Game, we will pursue the Sandbox Development client and create our avatars and activities within the land everyone to earn $sand and even stake $sand via Polygon Network. After purchasing land we will be able to develop in game activities within sandbox that will allow you to complete task and earn $SAND in which you can then stake or convert into whatever currency of choice .

Photo by Pablo Arenas on Unsplash

Animated Series

The Swaggy Lions Club came out beautiful and we want to use the commercial rights to bring to life some of the characters and voices from the community being both fun and possible viral moment we can monetize the videos when this level of engagement has arrived .

GOVERNANCE

Live https://snapshot.org/#swaggylionsclub

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Joe Royalty "The Curator"

A hard-headed but selective curator among the NFT Collectors that always has something to say. My goal is #WAGMI for those reading.