hexagon-vertical-nftGenesis NFTs

Overview

Genesis NFTs represent the foundational supporters of the AveForge ecosystem with a total supply of 500.

Genesis does not require any subscription or recurring payment.

Participation is based solely on ecosystem usage.


What Genesis NFTs Are (and Are Not)

Genesis NFTs are:

  • A limited-supply asset (500 total)

  • Aligned with in-game economic activity

  • Designed for long-term ecosystem participation

  • Eligible for marketplace fee allocation


Genesis NFTs are not:

  • Pay-to-win items

  • Gameplay advantages or stat boosts

  • Required to play the game

  • Influential in matchmaking or competitive outcomes

Genesis ownership does not affect combat power, progression speed, matchmaking, or competitive performance.


Alignment With the Economy

The Genesis model aligns three core participants within the ecosystem:

Players → Trade items, loot, and equipment freely.

The Protocol → Earns marketplace fees from real economic activity.

Genesis Holders → Participate in a portion of that marketplace activity.

As marketplace volume increases through lootboxes, PvE rewards, tournaments, and peer-to-peer trading, Genesis participation scales proportionally with ecosystem usage.

Genesis NFTs participate in ecosystem activity without influencing gameplay outcomes.


Genesis Revenue Mechanics

The AveForge marketplace charges a 5% fee on all secondary sales.

Fee distribution:

  • 2.5% → Genesis Pool

  • 2.5% → Treasury

The Genesis Pool accumulates automatically at the contract level from each eligible trade. No manual accounting is performed.


Epoch Structure

Genesis rewards accrue in monthly epochs based on the UTC calendar month.

Each epoch closes on:

The last day of the month at 23:59:59 UTC.

At that moment, a snapshot block is recorded.


Snapshot Rule

At epoch close, a snapshot block is recorded.

The wallet holding a Genesis NFT at the snapshot block is eligible to receive that epoch’s distribution.

Important:

  • If a Genesis NFT is transferred before the snapshot block, the previous holder forfeits eligibility for that epoch.

  • The new holder becomes eligible for that epoch.

  • There is no time-weighted accrual.

  • There are no partial distributions.

Eligibility is determined strictly by ownership at the snapshot block.


Distribution Threshold

To avoid dust distributions, rewards are distributed only if the Genesis Pool balance exceeds a minimum threshold at epoch close.

If the threshold is not met:

  • The accumulated funds roll into the next epoch.

  • No distribution is executed for that period.

The minimum threshold may be adjusted during early-stage bootstrapping.


Distribution Method

Distributions are executed automatically via airdrop.

At the close of each eligible epoch:

  1. The total Genesis Pool balance is calculated.

  2. The allocation per NFT is determined: Genesis Pool ÷ 500

  3. Rewards are distributed to the wallets holding Genesis NFTs at the snapshot block.

Each Genesis NFT receives an equal allocation for that epoch.

Last updated