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Dragan
Dragan
Apr 17, 2024
News

SERAPH Introduces NFT Leasing System for Upcoming Preseason

The NFT leasing system will allow SERAPH players to rent a variety of items in the upcoming preseason, with the developers set to periodically buyback energy in order to recharge used items over time.
SERAPH Introduces NFT Leasing System for Upcoming Preseason

The team developing SERAPH: Into the Darkness, a dark Web3 action RPG looter, has announced the introduction of an NFT leasing system that will be included in the game’s upcoming preseason scheduled to start on April 19th.

What Is The Leasing System?

The leasing system is one of the many new systems that will be part of the preseason, which was initially announced last month. Through this system, a wider range of players will have an opportunity to enjoy the game’s play-to-earn content as 7000 of the 10k pieces of NFT equipment will be used for treasure leasing. The remaining 3000 of the total supply were sold through pre-sales.

System Details

According to the announcement, the income gained from leasing Chaos Stones will be used to periodically repurchase NFT equipment/treasures and NFT energy, after which the NFT treasures will no longer re-enter the market but will solely be used for leasing instead.

The developers seem to have minted 1000 NFT treasures to a dedicated wallet on April 16th and once the preseason starts, around 5% of existing NFTs, a total of 240 NFT treasures, will be added to the leasing market. Dynamic adjustments of the number of leaseable NFT treasures will be made over time depending on active player count, leasing demand data and current NFT treasure stock.

How It Works

Players will be able to access a treasure leasing page in-game where it will be possible to filter based on level, weapon type, category and lease status. Once you rent one of the treasures, you will be able use it as part of your equipment as you enjoy game modes such as Chaos Dungeon and Void Realm. You won’t be able to transfer or trade any leased item, and the system will automatically remove it from your equipment once the lease time has expired.

As these leased treasures are used, their energy is consumed, with the developers set to recharge these treasures from time to time by buying back energy items. All repurchases will done on a specific official wallet in order to ensure transparency, with leasing and repurchase data set to be shown in-game.

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
Posted: 17 Apr, 2024 06:50 • Updated: 16 May, 2024 22:11
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