gELVN Full Tutorial.

The distribution of gELVN was done, we have over 60k holders right now, and we didn’t even have the public listing yet. As promised, we used a totally new technic to give every early investor the ability to use all of the gELVNs they bought, even the unvested ones. This article will show you how to check all of your balances and how to mint your Tier NFTs!

In case you’re not a fan of reading check out an in-depth video here: gELVN TutorialHow to check your gELVN Balance?

To check your vested gELVN Balance, it will be enough to add the gELVN Contract to your wallet: 0x6a0cc3c5110e6a4e6f01dc2450d30c2fbdf28d5c

1. To add the gELVN Token to your Metamask, unlock your wallet and press on “Import Tokens” at the bottom of the “Asset”-Section.

2. Paste the Contract Address and wait for Metamask to show the Symbol and the Decimals. After that, press “Add Custom Token”

After confirming, you will be able to see your gELVN Balance in your assets, but as mentioned before, this is only your vested Balance.

To see your unvested Balance, you need to go to our dApp at https://app.elevenminutes.io

1. As soon as you enter the dApp, you need to connect your wallet. Choose Metamask or Wallet Connect to connect your wallet.

2. After choosing the connection method, you need to confirm it within your metamask. The dApp will then open your Account Screen.

Besides your Tier Level, your Tier NFT, and your Staking Rewards, you will see 4 different Balances.

1. gELVN Balance in Wallet: This is the vested Balance which you can also see in your wallet
2. Unvested gELVN Balance: This is the Balance that was not yet vested and which you will get in future
3. Used unvested gELVN Balance: This value shows how much of your unvested gELVN Balance was used within the Ecosystem
4. Total available gELVN Balance: This is the total available gELVN Balance that you can use, including the gELVN Balance and the available gELVN Balance.

Mint your Tier NFT

Now that you know your useable Balance, let’s go over to the Tier NFTs. As you all should already know, we have another incredible feature, the Tier NFT System. Read more about our Tier NFTs and their benefits in this Medium Article.

1. To mint your Tier NFT, go to the Tier NFT page by clicking on the side menu.

2. To enter the page and to be able to use your gELVN for minting the NFTs, you need to approve the dApp. Click on approve and confirm it in Metamask.

3. Once approved, you will see the different Tier NFTs with all of their benefits, the cost, and a mint button.

4. With the buttons left, and right, you can check out each Tier. In our example, we will mint a Seahorse Tier. Press the button and confirm again in Metamask.

5. After you get a confirmation from Metamask, you will see a change in your Account page.

In the Account Page, you will now see your Tier NFT shown. The Tier Level also changed accordingly. We are now at “1 - Seahorse Tier”.

As you can see, the balances changed. First of all, the gELVN Balance we had in our wallet was 500 but is now at 0. The cost of the NFT was 1,750, from which 500 was taken from our vested gELVN Balance.

The rest was used from the unvested Balance. That’s why we have a used unvested gELVN balance of 1,250 now. The total available gELVN Balance is now 3,250

This is how it’s pretty easy to become an NFT Tier holder! Now it’s just about claiming your staking rewards, getting into private deals, playing games, and earning money with your free gaming tickets!

Upgrade/Downgrade your NFT Ticket

Within your account screen, you will be able to change your Tier Level, and this feature will be enabled in the next few hours. This article will be updated then. Until then, let’s talk about the details.

You won't lose your staking rewards while upgrading or downgrading your Tier NFT. They will be saved within the smart contract. Upgrading doesn’t have fees, but downgrading does.

The initial downgrading Fees are 25%. However, the costs will be lower with each month passed until it reaches 0. The reduction per month is 5%, so after 5 months the fees will be 0.

Why are we doing this? To prevent people from just staking their tokens to take part in private deals and be gone after that. The Fees we take will go back to the service address. Part of them will be used to fill up the staking pools, and the other part will be used to warm this space up through burning!

Private Deals

Starting from this week, we will have the first private deals! Every Tier NFT holder will get guaranteed allocations to any private deal on our platform!

At the moment, we have 6 private deals in the pipeline, which we are checking out and rating so that it is easy for you to understand the project by looking onto our research page.

We are not only stepping into projects within the private phases. There will be seed deals also! We decided not to charge anyone for this as other pools do!

Before the first private deal, we will have another Medium article explaining the whole process.

Free Gaming Tickets

As you know, one of the benefits of Tier NFTs is the free gaming tickets for the daily game sessions and weekly game sessions. So for this, we are changing the smart contracts for both gaming modes!

After we are done with that, we will share the details with you in another Medium article and show you how to get your free tickets.

Incoming gELVN payments to your address

With each incoming payment, first, your used unvested Balance will be paid so that there are not more gELVN in circulation than they should be. Everything else will go directly to your wallet. This goes for every vesting, every payback through downgrading, and every claimed staking reward.

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