TwitFi is a web 3 social networking service with the GameFi feature. Users keep NFTs featuring bird designs; Tweeting on Twitter with TwitFi earns in-game tokens, which can be used in-game or cashed in for profit. TwitFi encourages people from all over the world to interact with each other. The goal is to contribute to the advancement of society by increasing creative thinking and improving people's mental health through more interaction. TwitFi's smart contracts are built on Ethereum.
TWT is the native game token of TwitFi game. With hatched bird NFTs, users can earn TWT token through tweeting.
The project only uses single token model rather than dual. TWT does not do any private sales, nor distributed to the team and all tokens are earned only through tweeting.
Pre-sale of Egg NFT starting November 28, 2022. All sales from the Pre-sale will be used to create a liquidity pool of DEX.
Below are some utility lists of TWT token:
- Leveling up NFT
- Item purchase
- Other paid services (To be determined)
Egg NFT's ETH sales are distributed by the smart contract as follows.
A selling commission of 4.5% will be charged when selling TWT on the DEX. 2.5% is burned and 2% is added to the DEX liquidity by the smart contract.
All TWT spent on TwitFi, such as item purchases, upgrades, mints, etc. will be burned.
- Access to TwitFi Access TwitFi with your browser.
- Connect with your wallet After accessing TwitFi, connect to your wallet. TwitFi supports integration with Metamask and WalletConnect.
- Connect with your Twitter account After you have connected your Wallet, please connect it to your Twitter account. Twitter account connection is only to get your tweet information, we do not operate followings, tweets, RTs, etc.
- Purchase NFTs Head over to the Market and choose an Egg NFT. You can purchase multiple NFTs up to 10 with one account. Ensure that you have enough ETH ready for Metamask. Prices at the official launch are as follows.
Hatching
In order to Tweet to Earn, you need to hatch an Egg NFT. To hatch an Egg NFT, select the Egg NFT on the TwitFi Asset page, and press the Hatching button. Once hatched, the Egg NFT becomes a Bird NFT.
Users earn TwitFi Tokens (TWT) by holding Bird NFTs and tweeting. Once setup is complete, just tweet with #TwitFi from your public account. No special app is needed. You can tweet from Twitter App as usual.
Once you tweet, you will earn TWT in 24 hours. 50% of TWT earned by tweeting can be withdrawn at any time, the other 50% is locked for one month. However, locked TWT can still be used for transactions in TwitFi. When you use TWT in TwitFi, locked TWT is consumed in priority.
If you own multiple Bird NFTs, each NFT earns from a single tweet.
Here is the flow from tweeting to getting TWT.
- Tweet
- Consumption of Feed
- Start counting the time until TWT is distributed
- TWT distribution 24 hours after the above 3
*If a tweet is deleted, the feed consumption does not return and no TWT is earned.
Feed is needed to earn TWT. Each tweet consumes one feed, and once the feed is gone, you will not earn TWT by tweeting. Feeds are automatically refilled at regular intervals, and the amount depends on its level.
There are four types of bird NFTs. Each NFT earns a different amount of TWT for each tweet.
The amount of TWT earned for each bird and level is as follows. The figures are subject to change based on the number of NFTs issued, the amount of TWT issued etc.
Feed is needed to earn TWT. Each tweet consumes one feed, and once the feed is gone, you will not earn TWT by tweeting.
There are different levels of NFT, and the amount of feed refilled depends on the level.
You can store up to 10 Feeds for each NFT. If you have 10 Feeds, the number of Feeds will not increase even if they are refilled. You can store up to 50 Feeds by purchasing a Feed Box (available at the Market).
As mentioned earlier, the higher the level of NFT, the bigger the amount of TWT eaned per tweet, so when combined with the increase in Feed refilled amount below, the effect of upgrading the level is significant.
*Note that Baby NFT is only level E and cannot be raised to a higher level.
When you tweet, there is a certain probability that the NFT will become infected with the virus.
If the NFT becomes infected, you will not get TWT when you tweet. The infection will automatically go away after 7 days. Or you can use Medicine to cure it instantly. You can purchase Medicine at the market. The probability of infection depends on the number of tweets by the NFT.
Probability of infection
Virus infection does not occur in the following cases.
The first 10 tweets hatched from the Egg
10 tweets after curing from Virus Infection
After 20 virus infections, the NFT is automatically Burned.
You can mint Refreshing Water by burning one Bird NFT at level C or above and paying the TWT fee of 20,000 TWT. When you give Refreshing Water to a Bird NFT, its tweet count is reduced to zero. Refreshing Water reduces the number of virus infections at the following rates.
When the Refreshing Water is minted, the prepared Bird NFT is burnt.
The more the tweet count increases, the higher the probability of viral infection. Refreshing Water allows you to reset the tweet count to zero and tweet in a fresh state.
You can mint Beans by burning one Bird NFT at any Level and paying the TWT fee of 500 TWT. When Beans are given to a Bird NFT, the required number of waiting days for the next level up is reduced by 3 days.
