If you are in crypto world for couple of years, you must have gone through the phase of failed projects! Mostly projects which do not have the potential to move further due to several reasons. Among them are fund related issues, commitment issues, project was not being able to deliver what has been promised and many more. The most common issue is the one with fund issue. To be honest, I have been through some of them and lost quite a hefty amount. I suppose, there are countless others who followed a project due to HYPE and has the feeling of FOMO and rushed in without thinking much. The typical thinking of a newbie of making some quick bucks! Well, we all know how this certain plan actually plays out!
Well, people gain experience through rough situations and from bad decisions. Which makes people more and more cautious across the line. Which is why any person who can stay in crypto for couple of years even after all the ups and downs they eventually get the opportunity to make it to the top with their experience, knowledge and also some luck along the way. They do play a very important role of making it to the top.
Now lets talk about something unique which has not been done by any other projects in the past. A CRYPTO GAMING RECOVERY FUND. As hard as it sounds but it has been done by one of the most promising web3 gaming project SPLINTERLANDS. A project which has been through ups and downs and have seen bear and bull markets but yet it has thrived over the years and so far it has been climbing the ladders and creating landmarks with its steps.
CRYPTO GAMING RECOVERY FUND
Sponsored by SPLINTERLANDS
What it is actually?
The entire plan is to help the players who have been impacted or lost funds due to projects which were not able to sustain their project or overall went down in the web3 gaming industry. Splinterlands will support those users in ways which will help them be in the web3 gaming industry and play the game of Splinterlands. All of these will be done in fair ways being reviewed manually by the team. Which will not only help the actual users but will also bring trust and belief back in the web3 games. Although, it is a long term process and it will take time but overall, this is a great step forward to make things right and help the overall web3 gaming industry.
Lets say you are affected by a web3 game which is now dead and you have literally no place to go. You can knock the door of Splinterlands. The Splinterlands team and community will answer your knock.
How It Works
1. Fill out the form below with the wallet/account that held tokens in an approved game.
2. Register a new Splinterlands account using the same e-mail address.
3. Upgrade to a full account by purchasing a Spellbook in-game.
* While you will have to purchase a spellbook for $10 to receive your claim tokens, please note that it includes $3 in credits and $5 in packs for all standard purchases. New accounts that qualify for the Crypto Gaming Recovery Fund will also receive an additional $10 in credits to offset the purchase price thanks to the Splinterlands team! Credits can be used in game to purchase additional Card packs or NFTs from the player market. We want to help make your road to recovery as smooth as possible and look forward to seeing you in the arena!
4. Maintain an active status in the game by continuing to play to receive your portion of the recovery funds distributions to your account.
For more detailed explanation you can find the documentation page here! This is the official site for all the details and it will give you a clear idea to what is happening and how each and everything is done.
https://docs.google.com/document/d/11JRbWZxYdFA1UOalQVlH8FbzNtqmRgbzM_98mb5ttpE/edit?tab=t.0
I believe this will literally make a huge impact for the overall ecosystem of Splinterlands. I have never seen any project think about other projects. Let alone help users to get along in the web3 industry. This will literally bring in new users and help users get along in the web3 gaming industry. I suppose in the coming days we will get to see more use case of this recovery fund and more users will flock in the game due to this advanced approach.
Well, lets see what future awaits for the gaming communities and I really hope that this sort of situation never comes in for a project where the users will loose their precious fund! Which is why it is always better to DYOR before jumping in on any new project or let alone any project in crypto or web3 gaming industry! Stay safe and DYOR!
Best regards
Rehan
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