If you’re not thinking about the next record-breaking NFT to buy, then you’ve probably been living under a rock. NFTs have been making headlines lately and are probably the hottest area in crypto at the moment. EpicHero 3D NFT wants to take it further by allowing holders to earn just for holding these NFT.
Is this too good to be true or a worthwhile opportunity? Let’s find out together.
Behind EpicHero 3D NFT and how you can use it
To understand how the EpicHero 3D NFT works, you need to think of gaming combined with NFTs. First, there is a marketplace where you can purchase NFTs just like on most other NFT marketplaces. The difference is that in the EpicHero metaverse, you can use these NFTs as a stake in the network.
Staking earns you rewards but also allows you to play using the NFTs you own. For example, if you owned the Poseidon NFT above, you can use it to fight other characters. Winning in these battles also earns you rewards in BNB.
How to use the NFT metaverse
There are 3 ways to use the metaverse, either by playing games, staking or evolving your NFTs. The first one is clear especially to gamers – simply buy NFTs and battle against other holders. But EpicHero 3D wasn’t just meant for gamers, allowing users on the network to earn rewards just for holding the NFTs.
EpicHero 3D also prides itself as the first platform to allow owners to view NFTs in 3D. For one, this makes the NFTs unique compared to, say, CryptoPunks. Secondly, it allows the heroes to evolve. For example, you can combine the Zeus and Poseidon NFTs to create a much stronger character. Naturally, this will make it more valuable and stronger when playing against others.
Powering the EpicHero 3D NFT Metaverse is the $EPICHERO coin. It is a BEP-20 token launched on the Binance Smart Chain (BSC) on the contract address 0x47cc5334f65611ea6be9e933c49485c88c17f5f0. 1 billion tokens were created at launch but 50% were burned, leaving only 500 million. Much of the remaining tokens in the network are reserved for gaming incentives as you can see in the image below.
To generate funds, buyers are charged 5% and sellers 15% in fees when transacting. Part of the fees is then used to either reward NFT or token holders at different rates. Some of the rest is burned and the rest is reinvested into the liquidity pool to keep the value of $EPICHERO high.
Is it worth the investment?
If you take a look at the $EPICHERO price chart on Poocoin, the token has appreciated in value significantly since the launch. That is because investors have seen the utility of having an NFT marketplace that provides a platform for gaming and earning rewards. So, it shouldn’t be a surprise that over 5,000 wallets are holders of the token at the time of publication.
EpicHero 3D NFT Metaverse offers something unique compared to the typical crypto marketplace. Not only does this give the platform an edge over the competition, but there is also the possibility for future growth in the network over time.
That being said, it’s important to remember that the network is still new after being launched about a month ago. It takes some time for any network to prove its value, so this remains a risky endeavour for the moment.