Guide for Players
As a player on FROMO, you can participate in exciting games, earn rewards, and gain access to unique NFTs. This guide explains how to get the most out of your FROMO experience.
Benefits for Players
- Multiple Revenue Streams: Earn from key minting fees, final key bonuses, and $OMO token appreciation
- Access to Rare NFTs: Opportunity to acquire unique NFTs from the reserve pool
- Gamified Experience: Enjoy an engaging and competitive platform
- Token Utility: Convert keys to $OMO tokens for various uses in the ecosystem
Step-by-Step Process
1. Browse Active Games
- Visit the FROMO platform and connect your wallet
- Explore the active games section to see currently running games
- Each game displays the staked NFT, current key price, and game statistics
- Research the NFT projects to find games that interest you
2. Mint Keys
- Select a game you want to participate in
- Choose how many keys you want to mint
- Approve the transaction in your wallet
- Once confirmed, your keys will appear in your inventory
3. Earn Rewards
As a key holder, you earn rewards in several ways:
- Minting Fees: Receive a share of fees when new players mint keys in the same game (20% distributed to existing key holders)
- Final Key Bonus: If you mint the final key before the game ends, you receive a special bonus (20% of all minting fees)
4. Convert Keys to $OMO
- At the conclusion of each game, your keys can be converted to $OMO tokens
- Navigate to your key inventory after the game ends
- Select the option to convert keys
- Approve the transaction to receive your $OMO tokens
5. Utilize $OMO Tokens
Once you have $OMO tokens, you can:
- Redeem NFTs: Use tokens to claim NFTs from the reserve pool (at 110% of final game price)
- Stake for Governance: Participate in platform governance by staking tokens
- Hold for Growth: Keep tokens as the platform grows in value
- Provide Liquidity: Add liquidity to $OMO trading pairs
Strategies for Success
- Diversify Across Games: Participate in multiple games to spread your opportunities
- Research NFTs: Look for games featuring NFTs with strong communities and interesting traits
- Timing Matters: Earlier key purchases often lead to higher rewards as you earn from more subsequent minters
- Balance Risk and Reward: Adjust your strategy based on game popularity and key prices
FAQ for Players
Q: How are rewards calculated?
A: For each new key minted, 20% of the fee is distributed proportionally to existing key holders based on how many keys they own.
Q: What happens if I mint the final key?
A: You receive a bonus of 20% of all minting fees collected during the game.
Q: Can I sell my keys before the game ends?
A: No, keys cannot be transferred, but they can be converted to $OMO tokens once the game concludes.
Q: How do I know which games will be popular?
A: Research the NFTs, look at the community size, and check how many keys have already been minted as indicators of popularity.
Ready to start playing? Jump into our Getting Started Guide to set up your account and begin your FROMO journey!