Cyn-C NFT Project is welcoming 2022 with a bang! The multi-layered blockchain project combines the best of NFT collectibles, membership clubs, and token rewards, to make something truly unique.
About Cyn-C
The project documents the lore of CYN-city with NFT comics, ‘The CYN-city Chronicles’. Plus, you may also collect each character as an NFT.
Basically, they combine the many NFT collectible use cases including; trading cards, comics, limited edition artwork, and memberships. Then, the team will also launch their own token, Cyn-coin. Reportedly, Cyn-Coin will provide reflective rewards to NFT holders and build the foundation of the future staking program.
Obviously, Cyn-C is off to a good start since the Legendary NFTs are already sold-out entirely! Meanwhile, the private tokens sale will continue until January 15 2022.
Getting to Know the Cyn-C NFT Project’s Discord-Based Game
On January 1, they will launch “The Cynoseum: Its Discord-based P2E NFT battle game.
To take part, you will need three of their polygon-based character NFTs, Cyn-Champions. Accordingly, you will receive the relevant role via their Discord. Upon receiving the role, you will be issued the corresponding champion in the form of a trading card.
This is where all the fun begins!
NFT holders can then use the cards in The Cynoseum, the project’s battle game designed to pit champions against each other. Like real-life brawls, users can place wagers on these battles in the form of Cyn-Cash, the discord-based currency being integrated with the economy. So you need to challenge, wager and fight other champions to earn Cyn-cash and cash out on rewards.
One thing to take note of is that each individual card has its own unique randomized stats. The team formulated them in such a way that no card will be exceedingly more powerful than the next. Some cards will be stronger but on average, you can expect level playing fields.
Wait…what is CYN-cash?
Whilst the project plans to launch their own ERC-20 coin in January called Cyn-coin, players of this game will also have the chance to win rewards in Cyn-cash. In short, Cyn-cash is a discord-based currency that will allow players to buy NFTs and much more.
Essentially, all players automatically receive 100 Cyn-Cash via discord daily. However, for each champion role you have, an extra 100 Cyn-cash is available. In short, the more roles you have, the more Cyn-Cash you get. Once you’ve earned enough, you can use it to buy more Champions, acquire VIP status, or bag yourself a rare NFT on Ethereum.
Furthermore, the Ethereum NFTs you can earn will guarantee you a percentage of the Cyn-coin ERC-20 coin release in January too!
Cyn-Coin and NFT Staking Rewards
In terms of Tokenomics, Cyn-Coin has a total supply of 100 Billion Tokens. NFT holders are in for a treat because they will be airdropped Cyn-Coin tokens based on their NFT type. Rare, Epic and Legendary NFT holders will get 6M, 30M and 200M Cyn-Coins, respectively. Then, as a bonus, those holding Epic and legendary NFTs will also be granted VIP membership.
What’s more, Cyn-C also plans to move a percentage of Cyn-coin to a community fund which will allow them to reward their holders in the future.
Finally, they aim to launch their staking platform in the 2nd quarter of 2022. The team is working on the technical details of reward pools where holders of Cyn-Coin can stake their coins for a return in other tokens on the market. The model is meant to prevent heavy investors from selling off their rewards, maintaining a more stable market cap.
An exciting year ahead for the Cyn-C NFT Project! You can learn more by checking their official website or following their Twitter account and discord channel for real-time updates.
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