Majestic Bits
Last updated
Last updated
The Terminal is where you can link your MajesticNet NFTs (e.g. Genesis Pass) in exchange for Majestic Bits (MBITs).
What Are Majestic Bits? Majestic BITs (MBITs) are points that you receive from linking your NFTs. You can spend MBITs on rewards such as Supply Crates for Majestic Action Heroes. In the future, we'll introduce more rewards which you will be able to spend your MBITs on
By linking your NFTs in the Terminal, you can start accruing MBITs. There are currently 1 MajesticNet NFT, the MajesticNet Genesis Pass collection, that can be linked.
MajesticNet Genesis Passes have a 4x multiplier. A bound NFT can be locked for a certain amount of time. The longer you bind an NFT, the higher the gain multiplier will be.
1 month - 25% boost
3 months - 80% boost
6 months - 180% boost
12 months - 400% boost
Linked NFTs are locked for the period of time selected. They will still remain in your wallet for verification purposes but you won't be able to transfer them to another wallet or sell them on marketplaces.
Link Power determines the amount of Majestic BITs you will obtain every block while your NFTs are being linked. The higher your Link Power, the more Majestic BITs you will receive.
Global Link Power is the global combined Link Power of all linked NFTs. When you link your NFTs, you get a relative Link Power, which is the Link Power of all your linked NFTs vs all linked NFTs globally. This relative Link Power determines how many Majestic BITs you will obtain every block.
Everyone receives Majestic BITs from the global daily Majestic BITs rewards pool...
Aside from linking, there are also other ways to earn Majestic Bits, with more ways to be announced in the future. This includes:
Placing high on the Leaderboards during our tournaments and competitions
Engaging in official community events
Taking part in partner events
More TBA!
You are only able to link MajesticNet NFTs like the Genesis Pass to earn MBITs. In-game digital collectibles from Majestic Action Heroes cannot be linked
More ways to spend and use MBITs are being developed. We’ll share more details on this when they are ready!
Rewards from the Shop, including Supply Crates, are located on the Arbitrum One chain. Therefore, you'll have to change networks to access the Shop. Any rewards bought with MBITs will be directly delivered to the game and can be utilized right away.
To trade these rewards with other players, you'll need to transfer them to your wallet.
