BSC Station Announces $2M Incubation Hub for GameFi, Metaverse, and NFT Investments

Blockchain-based gaming has been an essential component of gaming since the beginning of 2021. These games allow players to possess assets in NFT format so that users may enjoy them more immersively. 

Keeping this in mind, BSCStation will be on the lookout for the most intriguing metaverse and NFT gaming initiatives. BSCStation hopes to help other businesses developing blockchain-based games with the $2 million investment. It will additionally reserve seed and private allocations for those that stake over 300,000 $BSCS tokens in their pool. The specific rights will be released in the following days and provide optimum benefits for BSCS’s significant supporters. This month, BSCStation has already acquired three exciting GameFi projects and will be announcing further details very soon.

In addition, the BSCStation Council will be established, with over 300,000 BSCS holders eligible to serve as council members. Members will have access to various benefits, including early-stage funding for GameFi projects in the Incubation Hub, IDO allocations, IDO selection, NFT drops, token airdrops, and governance. It will reveal additional information later.

Regarding the BSCStation

The BSCStation (BSCS) is a project on the Binance Smart Chain that seeks to construct a Full-Stack DeFi with NFT Auction. BSCStation offers various unique services, including the BSC Swap, Farming/Staking, the IDO Launchpad, the NFT Auction, the Liquidity mining, and the Marketplace.

BSCS is built on the Binance Smart Chain, intended to provide consumers and institutions with the maximum value. The Binance Smart Chain has solved the infrastructure challenge with regard to BSCS’s product, and BSCS is the optimal use case for the platform’s technology.

Does it lead to a question as to what is an INO (Initial Non-Financial Transaction)?

The BSCStation INO platform aims to empower creators by launching their NFTs, such as GameFi, Collectibles, Artists, and Music, via a first-come, first-served, and lottery system model that distributes their NFTs equitably to consumers. In short, the BSCStation INO Platform is the first NFT launchpad to support the Binance Smart Chain project implementation of the NFTs.

The next level of curiosity is to know the procedure for participating in INO on BSCStation

There will be a tiered structure for holders of BSCS tokens to access special NFT and Project Launch events. Each tier requires a predetermined minimum stake of BSCS tokens on the BSCStation Platform.

The Initial NFT offering will consist of two rounds:

Round 1: First come, first served (FCFS): a portion of the NFTs will be reserved for the FCFS round. The NFT allotment will go to the first users who invest the required tier access and complete the whitelist form.

Round 2: All users with the appropriate quantity of tier access (excluding those who received NFT allocation in the first round) can register to be allowed to participate. If the number of users exceeds the number of accessible NFTs, participation will be determined by a random lottery.

Minimum tier requirement:

30,000 BSCS tokens on Tier 1

60,000 BSCS tokens at Tier 2

90,000 BSCS tokens at Tier 3

BSCS may be purchased on PancakeSwap, Gate.io, MEXC, or BSCS Swap, or gained by participating in BSCStation’s Start Pools and Farming Pools.

Finally, what happens next?

The introduction of the BSCStation INO Platform is slated for September 2021.

BSCStation will publish further details about the future projects that will launch its NFT initiatives in the following weeks.

Source: https://www.cryptonewsz.com/bsc-station-announces-2m-usd-incubation-hub-for-gamefi-metaverse-and-nft-investments/