Concluding our Genesis Avatar Sale

The Solice Genesis NFT Avatar sale has concluded, and we would like to congratulate all those who managed to snag our one-of-a-kind Avatar NFT! As we close the chapter on our Genesis Avatar sale, let’s look back at how we got here, what we could have done better, and what Solicians can expect moving forwards.

In January we started releasing teasers of our Avatars to kickstart our venture into the Solice Metaverse. For our very first NFT sale, we wanted something exclusive that would also be functional for our users. Hence, we created 750 unique NFTs, all of which were high-quality 3D avatars that will represent their owners in the metaverse. We specifically designed them to be compatible with the movements in VR so that our users can enjoy a seamless and immersive virtual reality experience.

With only 750 avatars available, we wanted the Genesis Avatar launch to prioritize our community. Here’s how we distributed the Avatars across different platforms: 500 were allocated for the community sale, 200 were released on Magic Eden and 50 were reserved for future events and partnerships.

To reward our loyal Solicians who staked a minimum of 1000 SLC tokens in our Genesis Staking Event, we gave whitelist priority to our Genesis Stakers.

The pre-sale price for whitelisted users was 500 $SLC tokens for the first 2 hours, after which any leftover NFTs will be publicly available for purchase for 550 $SLC tokens. There was a lot of anticipation for the Avatars, but with it being our first ever NFT sale, we experienced slight hiccups during our launch.

The sale started late and as compensation, the community got to purchase the remaining NFTs for 500 SLC instead of the stipulated 550 SLC. It was a gesture of appreciation to our community, who stood by us despite the delays. As it was our first NFT launch, we have so much to learn, and we are thankful for all the constructive criticism we got. Rest assured that the community’s sentiments are heard and moving forwards we will do better.

For our public listing, we decided to partner up with Solana’s leading NFT marketplace, Magic Eden. We listed 200 Avatars at 8 SOL each on their platform, all of which sold out within 1.5 hours. All NFTs have been distributed to their respective owners via an airdrop within 24 hours of the Magic Eden sale.

As for the remaining 50 Genesis avatar NFTs, they have been reserved for future events and partnerships. Keep your eyes peeled, as this is not the last you’ll see of these exclusive Avatars.

The Big Reveal

All 750 of our Avatars come wrapped in their own mythical box. Paying homage to loot boxes — the symbol of the traditional pay-to-play era, we wanted our mythical boxes to instead lead the revolution of VR gameplay.

Right now, the avatars are still slumbering in their boxes, but we know how eager the community is to meet them. We’re happy to announce that the wait is almost over, and we have a BIG reveal coming your way! In the meantime, for those who are looking to trade or sell your mystery box, our partnership with Magic Eden has allowed Solicians to do so on their platform.

Solice Marketplace

Besides Magic Eden, Solice will also have its very own Marketplace. Meant to be the go-to platform for all things metaverse, it will house a wide array of digital assets for sale, and it will be entirely in 3D VR. The theme is anything and everything, so you can expect to see assets ranging from gemstones and pets to big-ticket items like buildings and land.

Having our own Marketplace will create a more robust economy for our SLC token. As a start, we’ve seen how SLC has been the primary currency used during our Avatar sale, and how it gave priority to its holders. This sets a precedent on how all trading and sales will be done in the Solice metaverse. With SLC being the native currency, this will create huge transaction volumes and marketplace fees that in turn will generate more value for our SLC tokens.

A commonly asked question is what happens to the SLC used to buy the NFTs? Well, all SLC used for NFT purchases will go back into the treasury, and once we start our in-game staking system, it will be used as part of the staking rewards.

Land Sale

With the Avatar sale done and dusted, next up is our highly anticipated Land sale. As the current technology trend shifts towards the metaverse, virtual real estate has become a highly sought-after asset, with some even transacting at real-world prices. In 2021, Sandbox reported a $4.3 million land sale, with Decentraland coming in second with a $2.4 million land sale of their own.

The Solice metaverse will have 60,000 parcels of Land for sale, which in comparison, is only 36% of what Sandbox offers. Each Land parcel is represented by a square and will come in various sizes of 1×1, 3×3, 6×6, 9×9, and 12×12. With each square (1×1) measuring 15 meters by 15 meters.

Land sales will commence on our Marketplace, and with such limited Land space up for grabs, you can expect a twist that may come in the form of an auction-based sale. Time to get your bid cards ready!

Our Land sale is scheduled for March, and future landowners can look forward to utilizing their Land for revenue generation. This can come in the form of Land staking, where users can stake their SLC tokens on the Lands that they own to earn rewards like rare digital assets that can be used to enhance their gameplay.

Landowners will also have full creative control over their virtual real estate and can decide if they want to design their own revenue model or create a free and accessible haven for users that simply want to enjoy the game.

The Solice Team would like to thank you, our fellow Solicians, for the support that you have for our project. There is so much more the Solice metaverse has to offer, and we have only touched the tip of the iceberg. With upcoming events like our Land sales and our Marketplace, we’re just getting started. So sit tight and get ready to witness the rise of the very first VR Metaverse on the Solana blockchain.

Solice is an open 3D world with limitless possibilities: a VR metaverse where users can play, build, own, socialize, and monetize their virtual experiences in an immersive way on the Solana blockchain. Solice is the interconnected metaverse of virtual worlds, NFTs, and communities. With the aim to improve the overall user experience, connecting them through interoperability across the metaverse.

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