Black Wings of Freedom
Greetings. This is NIGHT CROWS.
In alignment with the WEMIX3.0 USD Stablecoin Conversion (USDC.e) currently underway to ensure the long-term stability and expansion of the tokenomics ecosystem, we are providing a pre-announcement regarding the renewal of the CROW Tokenomics.
This renewal incorporates the feedback from Crew to offer a more intuitive tokenomics experience. With this update, the "1-hour Minting Wait Time" will be completely removed, which was previously applied when the CROW token price reached $0.75.
Please refer to the details below for more information on the renewal and the implementation schedule.
■Background of Renewal: Maximizing User Convenience and Establishing Intuitive Tokenomics
⦁ The 1-hour wait time previously required upon reaching $0.75 was originally introduced to protect the ecosystem from automated bots and speculative "Pump & Dump" price manipulation.
⦁ However, we empathize with the fact that this process caused unnecessary "waiting fatigue" for our genuine Crew who simply enjoy the game, and we recognize that it limited timely minting opportunities. In response, we have carefully reviewed and prepared this improvement.
⦁ Currently, the in-game CROW price in NIGHT CROWS is safely calculated based on a "24-hour Weighted Average Price" rather than instantaneous market fluctuations. This mechanism already functions as a powerful and stable defense against temporary price manipulation.
⦁ Therefore, with the introduction of the WEMIX3.0 USD Stablecoin (USDC.e), further strengthening the overall liquidity and stability of the ecosystem, we have determined that now is the optimal time to remove the Minting wait time. Our goal is to return the most intuitive and fair minting environment to our Crew.
■ Main Changes Implemented and Schedule (UTC+8)
This Tokenomics Renewal will be implemented sequentially alongside the Stablecoin Conversion (USDC.e) schedule as follows.
⦁ April 6th (Mon) ~ April 7th (Tue): Blockchain Service Temporarily Suspended.
◦To ensure a secure Stablecoin conversion, the use of in-game blockchain content, PNIX DEX trading, and the in-game CROW Shop will be temporarily suspended.
⦁ April 7th (Tue), During Update Maintenance: CROW 1-hour Minting Wait Time will be Removed.
◦Work on removing the 1-hour wait time within the system will begin. (Please note that the Tokenomics menu will remain suspended after the maintenance has been completed.)
⦁ April 8th (Wed): Blockchain menu Reactivated and Minting Resume.
◦The Tokenomics menu will be reactivated. Once the CROW price reaches $0.75, immediate minting will be available without any additional wait time.
■ Precautions
⦁ Even after the wait time is removed, the in-game price of CROW will continue to be calculated based on the '24-hour Weighted Average Price' rather than the real-time spot price, consistent with the current system.
⦁ Please be advised that there may be a slight time lag between the real-time price charts on external exchanges and the price that is applied in the game.
⦁ Furthermore, please note that the schedule is subject to change depending on the progress of the technical work. Should any changes occur, we will provide further information through a separate notice.
⦁ After the service has resumed, conversions of virtual assets, including WEMIX$, can be processed through the WEMIX.Fi service (https://wemix.fi/en/home).
NIGHT CROWS will continue to put in our best efforts to provide the ultimate tokenomics environment where the value of our Crews' hard work is fully recognized and protected.
Thank you.