It’s official, Pandas have escaped the zoo and are now on their way to the Metaverse, Pandavax will be releasing their project on the 20th January 2022 at 18:00 UTC, here is a handy project overview to give you the lowdown.
Pandavax consists of 7,777 NFTs that will be available for 1 AVAX each. Each NFT will be divided into one of four different rarity levels ranging from Common to Legendary.
After the mint, the project will focus on the Panda Rebels Area, a space where all holders will be able to congregate and meet together. Panda holders can battle their NFTs in the arena, with winners rewarded with the project’s native token $Bamboo. Panda betting will also be available in the arena.
Something big is cooking… Stay tuned👀
Welcome to the META-JUNGLE#Metaverse pic.twitter.com/zH9gjEH8Mq— 🐼 PANDAVAX🔺 Minting the 20th January at 6pm UTC (@pandavaxnft) January 14, 2022
If you are more of a passive holder you will also be able to earn $Bamboo when you stake your Panda, during staking each Panda will generate 10 $Bamboo per day with higher rarity Panda’s this daily number increases.
The native $Bamboo token has a secondary use, it enables the projects DAO system, allowing holders to vote on a range of weekly items that contribute to the project’s future goals and direction.
As they get ready to go live in the coming days, the team have announced more exciting incentives for the community. Firstly they will be holding Panda raffles, with each Panda NFT granting you a ticket and the potential to earn you some serious AVAX prizes. Secondly, Legendary NFT holders will be able to sell their NFT back to the team for the equivalent of $5000 in AVAX, the Legendary NFT will then become a prize in a giveaway for the community. Lastly, the Top 5 “Whale” holders will be rewarded with prizes ranging up to $6250 in AVAX.
Stay safe 🐼Pandas, we are coming for you. Dear community please keep in mind that 3% of the total mint will be versed to WWF to help Pandas living in 🇨🇳🤝. #Pandavax all together for the good cause. #WWF https://t.co/UkWYD7N22C
— 🐼 PANDAVAX🔺 Minting the 20th January at 6pm UTC (@pandavaxnft) January 16, 2022
Further details on the Pandavax project can be found by visiting their website, reading the project whitepaper or following them on Twitter.
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