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Introducing the First Node Investments-Backed GameFi Rewards Project

Canada - April 12, 2022

Squidoshi is a revolutionary GameFi project that is backed by node investments.

For a while now, DeFi has been the favored bride in the crypto space. It was not uncommon at the time to see a new DeFi project being rolled out each day. But from recent feelers, the industry is now turning its attention to the gaming sector which is now called GameFi, in true crypto fashion. With this new focus comes an influx of well-meaning developers and entrepreneurs who desire to both contribute to the project and leave their mark on the space. One of such newcomers to the field is Squidoshi.

Squidoshi is a community-driven underwater 3D RPG GameFi ecosystem that is set to revolutionize the budding crypto-gaming industry. Just like most GameFi projects, Squidoshi was launched on the BSC network but it comes with a unique twist to its reward systems. The project uses nodes as one of the many ways to payout players after they stake the in-game currency, Doshi Bit. The introduction of nodes also reduces selling pressure on the tokens as there are plans to acquire the nodes to back the currency earned within the game.

In addition, holders of the Squidoshi tokens will benefit from its multi-reward smart contract vault which is designed to reward holders with dual token rewards. These rewards will come in the form of 2% BUSD and 2% Squidoshi.

Features and Utilities of Squidoshi

The Squidoshi metaverse has a number of utilities and features that holders will find fascinating. 

Play 2 Earn (P2E) Game

In the P2E gaming feature, there will be opportunities for players to earn. For one, they can fight mutated sea creatures to earn points. There is also the chance to top the leaderboard by defeating as many enemies as one can manage before they die. What’s more, players can earn native tokens in the weekly tournaments and then spend their bounty in any way they choose to. 

The P2E feature is expected to contain the following game modes: Story Mode PVE, 1v1, 4v4, and Battle Royale. Even though these modes are currently in development, holders can join the project’s pre-alpha demo game to get a feel before the official release.

Lottery System

The lottery contract has been built to initiate automatically when daily trading volume hits $ 100, 000.

Rewards and Staking Vault

Players who join the project early will get exclusive access to the early release of its staking vault and other reward features. This is Squidsohi’s way of showing appreciation.

NFT Marketplace

The Squidoshi project will have an NFT market where players can buy, sell, auction, create, mint, and rent. There is also the chance to earn passive income while holding NFTs in the ecosystem.

Charity

Most importantly, Squidoshi plans on giving back to the society. The GameFi project will be partnering with a non-profit ocean clean-up organization.

The ICO presale

On April 7th, 2022, Squidoshi will begin its ICO sale on its Telegram group. Investors are required to join the group and follow the pinned presale information before they can participate. There is also a 5% discount for max buy wallets. Early members who participate in the sale have the advantage of buying early, using the discount, and participating in all giveaways within the group. In preparation of this presale, the team has already completed over 10 AMAs with other crypto communities and partnered with two launchpads communities. Squidoshi is expected to officially launch at the end of the month.

Contact Info:
Name: Master Squid
Email: Send Email
Organization: Squidoshi
Address: Canada
Website: https://squidoshi.com/

Release ID: 89072974

If you detect any issues, problems, or errors in this press release content, kindly contact error@releasecontact.com to notify us. We will respond and rectify the situation in the next 8 hours.

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