Wormillio project officially launched, bringing a brand-new NFT ecosystem experience to Web3 users. The project has completed the free minting of 7,503 NFTs on the Ethereum network, and users can trade on the two major NFT marketplaces, OpenSea and Magic Eden.
The project offers multiple participation pathways. First, interested investors can participate in ICO rounds through the Cypher platform. Second, eligible community members have the opportunity to obtain WORM token airdrops. More notably, the project’s innovative incentive mechanism allows holders to earn XP rewards, which are directly linked to the duration of holding. According to the rules, the holding period is divided into multiple tiers, from less than 2 days to over 365 days. Long-term holders will receive more substantial XP rewards, effectively encouraging community members’ long-term participation and ecosystem development.
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ForkTrooper
· 9h ago
Minting 7503 free NFTs, why is this number so strange? It's a bit magical.
Holding long-term is the only way to earn more XP, which is probably just another tactic; it depends on how the project team manages it.
Both OpenSea and Magic Eden are listed, liquidity should be okay, but I'm worried about how the hype will be later.
What are the participation thresholds for the ICO round on Cypher platform? That seems to be the real focus.
The XP reward mechanism is pretty good, definitely more tangible than those messy airdrops.
The 365-day tier is a bit harsh; you need to bet quite a bit.
Feels like another round of Web3's "long-term value" buzzwords, but at least it's designed quite thoughtfully.
There are tons of projects like this; let's wait and see how the market reacts.
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RugpullSurvivor
· 9h ago
Free minting of 7503 NFTs sounds pretty good, but somehow it feels like the usual trick...
The longer you hold, the more XP you get? Alright, I’ll trust you this time.
Both OpenSea and Magic Eden support trading, at least they won’t get locked out.
Wait, is the ICO threshold on Cypher platform high?
Anyway, I’ll just grab some freebies first, and consider holding long-term once things stabilize.
Hopefully, it won’t be another rug pull...
The XP mechanism is quite interesting; it motivates me to want to HODL.
By the way, how’s the quality of the free NFTs? Could it just be a scam project...
Better to ask around in the community first before taking action.
What’s the value of this project’s token?
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PretendingToReadDocs
· 9h ago
Free minting of 7503 items? That number seems a bit random; why isn't it an integer?
But the long-term holding with XP rewards is a pretty good setup. The 365-day tier really encourages HODLing to the end.
Both OpenSea and Magic Eden support trading, so liquidity should be decent. Just worried it might be another scam to fleece investors.
I haven't heard of the ICO on the Cypher platform. Has anyone participated? Is it reliable?
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WalletManager
· 9h ago
Holding onto chips is the key, and this XP mechanism design is quite interesting. The 365-day tier directly hits the heart of long-term holders.
However, looking at on-chain data for the 7503 free mints, to prevent hidden minting vulnerabilities in the contract, private key management must use multi-signature.
Be cautious with the qualification for short selling; don't be fooled by phishing contracts. True value investing is about enduring over time.
This kind of position-linked incentive mechanism, frankly, is playing with time compounding. I like it.
OpenSea and Magic Eden are both live, providing good liquidity, but it depends on the depth of trading pairs. The risk factor still needs to be assessed.
Honestly, for free-minted NFTs, it depends on whether the underlying asset allocation is sound. Don’t end up with all air.
Long-term holders are the only ones who can get real XP returns. I plan to hold some and wait for the contract audit report before making a decision.
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DegenWhisperer
· 9h ago
Free minting of over 7,500 NFTs, how much would that cost? The project team is really willing to do it.
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orphaned_block
· 9h ago
Hmm... Another airdrop project, only those who hold for 365 days get the big rewards? Discouraging, discouraging.
Hey, 7,503 free NFTs, that number is a bit interesting.
Holding long-term can also earn XP, but the question is whether the project team is reliable or not.
Wait, is this incentive mechanism real or just another way to cut the leeks?
It can be traded on OpenSea, at least it's not a pure air project.
Honest thoughts: I like this design logic, but I still need to observe before jumping in.
The longer you hold, the more XP you get, which indeed encourages long-term participation. Nice setup.
Wormillio project officially launched, bringing a brand-new NFT ecosystem experience to Web3 users. The project has completed the free minting of 7,503 NFTs on the Ethereum network, and users can trade on the two major NFT marketplaces, OpenSea and Magic Eden.
The project offers multiple participation pathways. First, interested investors can participate in ICO rounds through the Cypher platform. Second, eligible community members have the opportunity to obtain WORM token airdrops. More notably, the project’s innovative incentive mechanism allows holders to earn XP rewards, which are directly linked to the duration of holding. According to the rules, the holding period is divided into multiple tiers, from less than 2 days to over 365 days. Long-term holders will receive more substantial XP rewards, effectively encouraging community members’ long-term participation and ecosystem development.