UPDATE ON REWARD POOL IN WALLACY PLAY
Friday, Apr 05, 2024
Gameplay

REWARD POOL IN WALLACY PLAY.png

Wallacy Play, a gaming feature within Wallacy Wallet app, allows users to participate in exciting hyper-casual game tournaments. One of the most intriguing aspects of Wallacy Play is its reward pool system, which offers players a chance to win GEM based on their tournament performance

Currently, Wallacy classifies two main types of tournaments: Free tournaments (no entry fee) and Pro Tournaments (entry fee included). Now, let’s delve into the latest updates on Wallacy reward pool in this article with us!

I. Prize Pool for Free Tournament:

Most tournaments can be played for free because we want users to easily access Wallacy games and open up more opportunities for you.

Currently, Wallacy Play has 4 types of prize pools for Free tournaments with fixed rewards: 50 GEM, 100 GEM, 250 GEM, and 500 GEM.

In free tounament, you will have unlimited game plays and have chances to revive when the game is over (usually 3 times, 0.1 GEM each)

In addition, we also organize many Special Tournaments with extremely attractive prize pools such as 1000 GEM, 5000 GEM, 10,000 GEM, so on.

II. Prize Pool for Pro Tournament

  • Entry Fee: 0.1 Gem
  • There are 4 types of prize pools for Pro tournaments. Sponsored pools are starting from 50 GEM, 100 GEM, 250 GEM, or 500 GEM, and goes up whenever someone joins. Please check in-app updates for the constantly increasing rewards!

In this tournament:
- 80% entry fee will be contributed to the prize pool and the remaining 20% will go into Wallacy treasury to cover operating expenses and special events.

- You will have a certain number of tickets and also have chances to revive when the game is over.

III. Entry Fee Breakdown:

Sometimes, Wallacy Play requires users to pay an entry fee to enter specific tournaments, which helps bring stability and sustainability to Wallacy’s economy. Here’s how the entry fee revenue is distributed:

  • 80% entry fee will go into the prize pool as the source of funding for the Wallacy game ecosystem.
  • The remaining 20% will go into Wallacy treasury, contributing to the platform’s sustainability and further development.

IV. Reward Payout Rate:

As usual, Wallacy Play rewards 40% - 50% of the number of participants in each tournament. This ensures that a significant number of players receive rewards, encourages healthy competition and participation.
Besides, there are also some special Gem-for-All tournaments, which will reward all users participating in the tournament.

V.  Reward Delivery Timeframe:

Wallacy values its users and aims to provide a seamless and efficient gaming experience. We commit to pay users within 24-48 hours after the tournament ends, ensuring that players can enjoy their hard-earned prizes without delay.

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