The Mythic Protocol Can Be Divided Into Multiple Stages.

Mythic X
3 min readMay 29, 2022
  1. First Land Presale. We’ll be announcing the date of the first presale soon. The participators will be able to buy exclusive land NFTs that will pay handsome rewards by themselves, plus a percentage of fees that users of the protocol will pay to the lands themselves. Every player has a character, with three important stats — health, durability and stamina. Once they are depleted, you cannot take part in quests. To replenish them, you need to pay a fee to the land. So, whenever an adventurer with depleted health pays the Tavern a fee, and you own a Tavern, you get a percentage of that fee. It also means that owning the land NFTs is the absolute best investment one could make in the future of the protocol. As the number of adventurers increase, so do your earnings. The first presale will act as a seed round, and the proceeds will go into developing more assets, artwork and content, as well as promoting the project on a large scale.
  2. Second Land Presale. On this second date, soon after the first one, we’ll auction the remaining land NFTs to those most determined to get them. The Tier 2 and 3 lands will be more expensive, more exclusive, but also much more profitable than the Tier 1. The Blacksmith and The Temple will be the lands offering higher APR rewards, and also the ones that will be less numerous — so the fees paid to them will be divided among less holders, which makes them lucrative for investors, as well as simply exclusive and cool to own. With the proceeds of this presale will be able to go full throttle into marketing, big audits, additional KYC and gearing up for our full protocol launch.
  3. Protocol Launch. Not long after the second presale, we’ll launch the Mythic X protocol. Adventurers will have one basic character at their disposal (the hero you’ll take on quests), and his basic gear. You’ll be able to stake (quest), as well as earn from the lands you purchased weeks before. We are aware of the current market conditions, but the protocol we’ve created is robust and more than ready to face these conditions. Once the conditions improve, we’ll be more than ready to expand aggressively and engage a huge user/player base. By that point, we’ll have regular updates to the protocol, adding new characters, gear and features often. We’ll always stay focused to our goals and true to our biggest supporters, taking into account the community feedback and handsomely rewarding engagement.
  4. Future Plans. It is dangerous to make many big promises in early stages of business projects, especially in crypto. Our plans for Q4 2022 and beyond aren’t set in stone, but if the project does well, our vision is ambitious and imposing. The plans include building a metaverse and more. We plan to become a powerhouse on Polygon with numerous partnerships (multiple confirmed already). We’ll aim to become a content hub and serve as a launchpad for artists, creators and developers building anything with a mythical motif. We’ll extensively work on bringing DeFi to many passionate fantasy communities already out there. We’ll make it our mission to give people a sense of belonging and reward contribution to a protocol and a Realm they always feel welcome at.

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