Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Friday, 3 December 2021, 04:00 HKT/SGT
Share:
    

Source: YCS DAO
YCS DAO, Rebrand of Yakuza Cats Society, Launches 4 Year Incentive Program
YCS DAO and its Japanese-themed feline NFT collection has attracted over 60,000 users. with an exquisite future roadmap, including a new incentive program.

SINGAPORE, Dec 3, 2021 - (ACN Newswire) - Minting 8930 unique Yakuza Cats for 0.0893 ETH each was the genesis of YCS DAO. The project involves the unique concept of characters from Japanese art encouraging users to role-playing activity at an early stage, an unequivocal attraction for the NFT community. Since its successful launch on September 30th, the project has hit a number of milestones; YCS DAO has grown to a prodigious DAO of 60K on Discord & 32.5K on Twitter.

The path from their roots to where they are now has been an adventurous and audacious road. With an increasing number of NFT projects and continuous minting, a rise in gas fees followed on the Ethereum blockchain. To avoid the so-called gas war, the YCS DAO decided to try a road less traveled: Dutch Auction.

In addition to the original Yakuza Cats NFT collection, YCS DAO introduced and started executing on their publicly announced post-sales roadmap. First, Genesis Yakuza Cat NFTs holders were given 100 $DAMA token per day for a month. The initial incentive was to hearten the early supporters and to confer the privilege of voting in a DAO. Liquidity had been provided later in a Sushiswap pool for users to trade $DAMA.

Shortly after, to stimulate expansion of the YCS ecosystem, YCS DAO released the 2nd generation of their NFT: The Killer Cats. The recruitment of the Killer Cats is available on the official website, requiring two Genesis Yakuza Cat NFTs and $DAMA. All of the $DAMA used during the recruitment is burned to maintain the limited supply. Incorporating the Killer Cats into the Yakuza family will be by eventually forming a background element of the final spot on the roadmap, a Play2Earn game on metaverse.

With significant details of the YCS ecosystem configuration revealed and voting available through $DAMA, YCS DAO utilized $DAMA and achieved its first vote on November 12th. YCS DAO is implementing the tokenomics incorporated with the new 4-year-long incentive program where yakuza cats NFTs are staked to earn $DAMA; Genesis Yakuza Cats will be earning 10 $DAMA a day while the Killer Cats earn 5 $DAMA a day.

YCS DAO confirms that it will continue its future as a Decentralized Autonomous Organization. The new tokenomics will be used to incentivize the community, the core team, and investors. All of which will ultimately strengthen the ecosystem. Metaverse projects like Sandbox and Decentraland have been the front runners, YCS DAO may be in line for the next big wave.

Media contacts
Ojiki, Marketing Manager, YCS DAO
E: boss@yakuzacats.com
URL: https://ycsdao.com
Twitter: https://twitter.com/YCSDAO


SOURCE: YCS DAO


Topic: Press release summary
Source: YCS DAO


http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2022 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
B20 ESC Task Force to link performance, SDG targets with policies  
May 27, 2022 23:00 HKT/SGT
CNERGENZ Berhad Posts RM36.9 Million in Revenue for 1Q FY2022  
May 27, 2022 21:00 HKT/SGT
New WARC Awards for Effectiveness, North America Edition, in association with LIONS, are launched  
May 27, 2022 19:00 HKT/SGT
IBI Announces Acquisition of Strategic Property Investment in Europe  
May 27, 2022 17:48 HKT/SGT
Toyota Announces Adjustments to Domestic Production in June  
Friday, May 27, 2022 4:54:00 PM
TOYOTA GAZOO Racing Targets Gravel Double in Sardinia  
Friday, May 27, 2022 4:27:00 PM
GPDRR: Indonesia offers sustainable resilience to tackle disaster risk  
May 27, 2022 13:00 HKT/SGT
Eisai Contributes to the Science of Cancer Medicine at ASCO 2022  
Friday, May 27, 2022 11:49:00 AM
Eisai: MHLW Grants Orphan Drug Designation in Japan to Mecobalamin Ultrahigh-Dose Formulation with Prospective Indication for Delaying the Progression of Disease and Functional Impairment of ALS  
Friday, May 27, 2022 11:24:00 AM
Hong Kong 'ideal listing destination' for ASEAN companies  
May 27, 2022 11:00 HKT/SGT
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2022 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: