I am delighted to bring to your notice that the Sunwaves Festival’s official token named Sunwaves token will be the first project launching on the Ice Open Network Blockchain.
The Ice Open Network (ION) is a groundbreaking blockchain initiative that leverages the power of decentralization to redefine the digital landscape. The ION took to their X handle to announce that one of the biggest music electronic festivals, SUNWAVE FESTIVAL, will be the first project to be launched in their ecosystem.
ION tweet.
This was received with so much joy by their followers because they are living out their words on their whitepaper where they stated that ION Connect is not just another decentralized platform; but rather a vision for the future of social networking. At its core, the architecture is meticulously crafted to anticipate the needs of tomorrow. With the digital world rapidly expanding, we foresee our platform serving billions.
What is a Sunwave token?
Sunwaves token is a token designed to provide exclusive benefits, enhance community engagement, and establish a seamless transaction.
these tokens upgrade the festival experience with its blockchain ecosystem powered by Ice blockchain enabling users to earn SW tokens.
EARNINGS.
Sunwaves token will be earned by the mining process which involves tapping the Sunwaves button every 24 hours to initiate mining and this allows you to accumulate coins over time. Regular activation ensures continuous earning. Mining can be extended before the expiration of your mining process thereby allowing you to maintain a continuous streak.
After earning for six consecutive days, you’re given a day off. Day off is a break where you do not need to initiate your mining process but will continue earning SW coins.
Your coins are slashed when you miss extending your mining session or when all your days off have been consumed. It temporarily reduces your coin until you resume your regular mining again.
TEAM
You build your team by inviting your friends to join your team thereby creating a network of collaborators who are mining SW coins together. This platform is built in a way that only your first tier matters.
In order words, only the friends you invited directly will count your referral bonuses. You earn a 25% bonus for each referral mining with you simultaneously. This bonus is calculated only when they are active and mining at the same time as you thereby boosting your earning potential.
New account: 0 active referrals.
- Level 1: 5 active referrals
- Level 2: 10 active referrals
- Level 3: 15 active referrals
- Level 4: 20 active referrals
- Level 5: 25 active referrals.
BONUSES
The bonus system is designed to reward active participation and trust in the Sunwaves ecosystem. By engaging in various activities, users can earn additional bonuses that enhance their overall experience and earnings. There are also bonuses applied to your balance based on the level you are upgraded to.
These bonuses can range from 25% to 125%, significantly boosting your SW coins earnings and rewarding your progress within the system. To maximize your bonuses, stay active in the app, maintain a strong network of referrals, upgrade to higher levels, and actively engage on their social media.
I guess you are already anticipating taking part in this awesome project. We await their official release this week.
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