SEALLY: The FunZone and NFTs

Ecosystem events eligibility

To participate in any of the events, the user needs to pass an eligibility check. The rules are individual per each utility, but thy a generaly any combination of the followin:g:

1. Hold minimum amount of N SEALLY tokens in your wallet
2. Do not sell any tokens for last K days

Note!: Holding Premium status waives these limitations and allows user participate into the ecosystem without the conditions mentioned above.

Ecosystem boosters and weight calculation

All luck-based utilities in the SEALLY ecosystem are explicitly dependent on the user's WEIGHT stat. This weight is calculated based on the user's boosters. This booster increases your chances of winning should you participate in the ecosystem. There are the following types of ecosystem boosters:

1. Permanent booster
2. Time-limited booster
3. NFTs booster
4. Premium status

Permanent booster

What it does

This booster is meassured in SEALLY tokens and grants the user permanent increment to his bets in SEALLY Ecosystem. It simply adds the booster value on top of user's bets to calculate user's final weight and win chance.

How to get

This booster can be obtained in one of the following ways:

1. granted to the user directly by admin to appreciate the social activity
2. claimed by user though burns (sending to zero-address). This grant permanent booster in 1:1 proportion
3. purchased in SEALLY Store.

Time-limited booster

What it does

This booster is meassured in percent and grants additional value for the user weight calculation for the specific period of time (in days).

How to get

This booster can be obtained in one of the following ways:

1. granted to the user directly by admin to appreciate the social activity
2. claimed through Daily Login
3. purchased in SEALLY Store.

Multiple time-limited boosters merge rules

The user can get time-limited multiplier while he still has another one active. The final boost will be calculated based using the The Weighted Average (TWA):

$$value(combined)=\frac{remaining(old)\ast value(old)+duration(new)\ast value(new)}{remaining(old)+duration(new)}$$ $$duration(combined)=remaining(old)+duration(new)$$

Example:

1. the user has 50% booster which remains active for the next 24 hours
2. the user wins 70% booster with duration of 48 hours

His combined booster:

$$value(combined)=\frac{24\ast 50+48\ast 70}{24+48}=63.33(3)$$ $$duration(combined)=24+48=72hours$$

NFTs booster

What it does

This booster is meassured in percent and grants additional value for the user weight calculation while user holds SEALLY NFT(s) in his wallet. User can hold multiple NFTs in his wallet. Only 3 NFTs with the highest booster value are selected for the final weight calculation.

How to get

This booster can be obtained only by holding NFT(s) in the wallet. NFT can be received by any means (mint, marketplace, SEALLY store, transfer of ownership, etc.).

Premium Booster

What it does

This booster has limited ime duration (in days) and is meassured in percent. It works similarly to time-limited booster but grants an extra perks to the user that have it:

1. waives the minimum requirements to participate in the ecosystem utilities
2. prevents ecosystem participation cooldowns due to tokens sells. So this allows user both participating in ecosystem and trading tokens freely at the same time
3. allows users tokens withdrawals from the ecosystem events during "Deposits only" stage.
4. applies percentage booster to the user's weight after all previous boosters applied. This boosts user's chances even further.
5. applies percentage booster to the user's Daily Login tokens reward

How to get

This booster can be obtained in one of the following ways:

1. granted to the user directly by admin to appreciate the social activity
2. claimed through Daily Login after "streak meter" reaches 180 days
3. purchased in SEALLY Store.

Multiple time-limited boosters merge rules

The user can get Premium status while he still has another one active. The final boost will be calculated based using the The Weighted Average (TWA), similarly to time-limited boosters merge rules:

$$value(combined)=\frac{remaining(old)\ast value(old)+duration(new)\ast value(new)}{remaining(old)+duration(new)}$$ $$duration(combined)=duration(remaining)+duration(new)$$

Example

1. the user has 1000 SEALLY permanent booster
2. the user holds 2 NFTs with the following boosters: 30%, 70%
3. the user has active (not expired) 40% temporary booster
4. the user makes the bet of 4000 SEALLY
5. his weight without premium is calculated the following:

$$(1000+4000)\ast \frac{100+30+70}{100}=10000$$

6. the user holds premium status with 50% booster:

If Premium booster was added as the regular booster, the value would be calculated the following way:

$$(1000+4000)\ast \frac{100+30+70+50}{100}=12500$$

but applying premium booster after gives the next final user's weight:

$$10000\ast \frac{100+50}{100}=15000$$

which is 2500 SEALLY more

Final weight calculation

The "weight" is the main metric which defines a user's chances to win the reward and their share in the winnings. Its calculation is based on:

1. tokens bet by the user
2. user's active boosters
3. premium booster using the following formula:

$$W(bet)=\frac{(bet+permanent)\ast (100+{\sum }_{i=1}^{N<=n_{boosters}}(booste{r}_i)}{100}\ast \frac{100+booste{r}_{premium}}{100}$$

Example:

1. The user has burned 1000 SEALLY tokens hence got them as permanent booster
2. He has 3 NFTs with booster: 10%, 20%, 30%
3. He has an active temporary boost won through Daily Check-in: 40%
4. He has premium with 50% booster
5. He bets 2000 SEALLY tokens to participate in Lottery Round# k
6. His weight is calculated as the following:

$$W(2000)=\frac{(2000+1000)\ast (100+10+20+30+40)}{100}\ast \frac{100+50}{100}=\frac{3000\ast 200}{100}\ast \frac{150}{100}=9000$$

So, the boosters itself increased the user's chance to win by x4.5 times!

Daily Login

SEALLY encourages daily login on the portal. It's the simple checkout that any community member can take to receive a daily bonus as a gesture of appreciation and engagement.

Preconditions:

1. The minimum balance of your wallet is 100 SEALLY tokens
2. You haven't sold any SEALLY tokens for the last 5 days

Your final rewards are impacted by the "streak meter", which:

1. grows every consecutive day you check in and receive your rewards
2. is discarded back to 0 once you miss check-in
3. the longer "streak", the more rewards you get
4. you receive some SEALLY tokens for every check-in you do. The amount of tokens is calculated using the formula:

$$N_{tokens}(streak)=\min (\frac{(100+booste{r}_{premium})}{100}\ast \frac{\frac{N_{tokenshodl}}{1000}\ast \frac{100+streak}{100}}{100},N_{tokensallocated})$$

where, $N_{tokenshodl}$ - amount of tokens in your wallet, $N_{tokensallocated}$ - total amount of tokens allocated by the team for daily rewards $booste{r}_{premium}$ - premium booster value in % (e.g: 50%)

5. once your streak hits 60 consecutive days, you get the your first NFT reward.
6. You get another NTFs after 120 and 180 consecutive days. So you can get up to 3 free NFTs in total if you check in consecutively for 180 days.

NOTE: The NFTs colleciton is limited, so start building your streak as soon as possible. Developers may add any unsold NFTs to the pool.

Every check-in can grant you any combination of the following rewards:

1. SEALLY tokens - always
2. SEALLY NFTs - based on NFTs streak requirements
3. Ecosystem booster

Find and Claim

This one is a very simple but effective method to engage the community and bump the level of the fun up.

The team will release riddles with special rewards. The answer to the riddle will be the text that you can use as a promo code on the portal to receive exciting rewards allocated by the team

These rewards may include any combination of:

1. SEALLY tokens
2. SEALLY NFTs
3. Time-limited booster

Also, promotional codes will be sent directly to the active community members to appreciate their engagement in the social activities and spread the information about the token.

Store

This is the section that allows user to purchase literally anything that Ecosystem has to offer:

1. Permanent boosters
2. Time-limited boosters
3. SEALLY tokens
4. NFTs
5. Premium

Important Notes:

1. All products can have price shown in SEALLY and ETH.
2. All SEALLY tokens spent to purchase the product are getting burned immidiately. This is burned directly from the spender address, so this turns into Permanent Booster for the buyer.
3. All ETH spendings go into business wallet for branding promotion, advertising, ecosystem funding (utility fees, etc.).
4. Store can offer unique products (with inventory=1) which may include NFTs.
5. When inventory for the product is consumed, it's no longer available to be purchased.
6. The developers may either delist ot refill the inventory to make the product available for purchase again.

NFT (Non-fungible Token)

NFTs have gained popularity as a tool for engaging users and creating wealth, with some successful collections valued at hundreds of thousands of dollars. Their uniqueness, the time they were created, marketing teams behind them are the factors which made them successful.

The team is going to promote and push the SEALLY token, NFT and the brand itself as a whole. This is the ecosystem, and all the components in it are tightly related and dependent.

NFTs and any art produced by the team will be crafted by professionals instead of AI, which is going to make such art more valuable.

SEALLY NFT is an irreplecable part of the SEALLY Ecosystem, and the collection value will be pushed further by its utilities. Each SEALLY NFT will grant the holders special perks for FunZone and will be expanded as the project evolves. The NFT will be used for discounts for future services provided by the SEALLY business.

This collection is limited and is planned to be the only collection ever present in the SEALLY ecosystem.