VArtverse
TIER SYSTEM
VArtverse Tier System:
The core of the VArtverse project is a fully blockchain based tier system. It is built on NFTs and the VAR token. The essence of the system is that the ownership of a specified amount of NFTs and/or VAR tokens determines the level of the individual within the project. These levels define the benefits one can access in upcoming NFT releases, the events they are invited to, or the rights they can obtain within the ecosystem. Naturally, the higher someone's level, the more exceptional their opportunities will be... It's like a VIP club system, but much more open and accessible to everyone on fundamental levels. In this entirely blockchain-based tier system, owning VAR tokens and various VArtverse NFTs will grant different privileges depending on the user's holdings of these assets.
| Tier 1 | 200,000,000 VAR Tokens and 2 VArtverse Genesis NFTs |
| Tier 2 | 40,000,000 VAR Tokens |
| Tier 3 | 4,000,000 VAR Tokens |
Advantages for early investors in IDO/OTC:
• OTC buyers and IDO buyers get the best price for collateralized Varosi Art in the form of VAR Tokens, at 2.5X below market price, for $10,000 instead of $25,000. So, they not only get cheaper tokens but also the Art itself, that are backing the tokens as collateral by the project!!! Tier1 (OG Tier) - Every user owning at least 200,000,000 VAR Tokens (~$10,000 at token launch price) and 2 VArtverse Genesis NFTs is positioned in the highest tier.
• Only Tier 1 users can enter the first private Poet's Garden event.
• They alone have the right to purchase physical images below market price, with a maximum of one artwork/user valued at $15,000. This is only applicable to Varosi art that are not used as collateral behind the tokens, as their minimum sale price is $25,000.
• They are entitled to one free Genesis mint and one free mint from every VArtverse NFT mint as long as they remain in the top Tier.
• They receive a 1.35X staking multiplier compared to Tier3 users.
• They receive a 1.15X auction revenue multiplier compared to Tier3 users.
• Once a year, they have the right to spend a night for free in the Poet's Garden with burning a Genesis NFT.
• They can propose an auction of a Varosi art backing the VAR Tokens, by the DAO community. For this they have to burn $1.500 worth of VAR Tokens.
• They have the right to place a bid at any Varosi Art backing the VAR Tokens, that has to be accepted by the VArtvesre project if it exceeds the price of the last Art sold that was backing VAR Tokens. For this they have to burn $5.000 VAR Tokens. Tier2 VIP Tier - Every user owning at least 40,000,000 VAR Tokens (~$2,000 at token launch price).
• They have the right to mint any VArtvesre NFT at half price, but only one NFT/collection.
• They can stake VAR tokens with a 1.2X staking multiplier compared to Tier 3 users.
• They receive a 1.1X auction revenue multiplier compared to Tier3 users.
• They can attend one VIP Event & Private Auction annually. The first such event they can attend after being in and not falling out of Tier2 for 6 months.
• They can propose an auction of a Varosi art backing the VAR Tokens, by the DAO community. For this they have to burn $1.500 worth of VAR Tokens.
• Tier two users receive 3 giveaway tickets per month, that they will be able to use in different giveaways. Tier3 VArtverse Basic Tier - Every user owning at least 4,000,000 VAR Tokens (~$200 at token launch price).
• Only those in at least Tier3 can mint in the first hour of VArtverse NFT and VArtverse Celebrity NFT Collaboration mints. • Only those in at least Tier3 can stake VAR tokens to collateralized Art.
• Only those in at least Tier3 can participate in the Auction DAO.
• Tier 3 users receive 1 giveaway ticket per month, that they will be able to use in different giveaways. The Tier system will be continuously evolving based on project size and community involvement, and will be expanding with new assets from within the project, and giving more and more utility to tier levels as time passes and opportunities widen.