SMANA // Spotlight & Overview

@nyxlabs53

3 years ago

styx

About the Project

Token Name
$SMANA

Blockchain Name
Hive

Author
@nyxlabs

Description

Mana is the essence of magick on the River Styx. SMANA is its representation on the Hive Blockchain.

This chaotic force of creation tends to produce unpredictable results when left uncontrolled. Few have truly mastered the art of spellweaving. It is invariably tied to the ebbs and flows of the river Styx. As you journey further downstream the intensity of magick increases.

(Styx)Mana or SMANA is capped to a total of 10,000,000 (Ten Million) units. SMANA has no decimals so it can only exist in full units.

SMANA is backed by the production / staking / collecting / compounding efforts of @nyxlabs & @theiamultitude and all souls of the River Styx.
—
Initially 10,000 Units were released.
—
The current circulation is 330,000 of 10,000,000 Units.
—
(first mint: 04.09.2021)
(last update: 10.2.2022)

URL
https://styx.nyx-labs.com/smana

Thoughts on Tokenomics

First Vector > Chronological Release:

2021/22:

Development, Alpha and Beta allowance > up to 500000 (we are still here)

Chapter 1 > Issue 1000000

2022:

Chapter 2 > Issue 1000000
Chapter 3 > Issue 1000000
Chapter 4 > Issue 1000000
Chapter 5 > Issue 1000000

2023:

Chapter 6 > Issue 1000000
Chapter 7 > Issue 1000000

Completion surge > 1000000

Second Vector > Asymmetrical Release:

Creator Seed > 100000
Maven Seed > 100000
Dev Seed > 100000
Investor Seed > 100000
Chaotic Seed > 100000
Free Seed > 500000
Burn Seed > 500000

= 10,000,000 SMANA

The maximum possible Mana & XP gained by Souls on styx.nyx-labs.com/rankings should reflect SMANA levels through a point limit/cap on the river proper.

Note: The Mana you collect on Styx and $SMANA on Hive are not the same!

@nyxlabs issues and can hold a max of 10% of current saturation.
@theiamultitude buys back SMANA up to a total of 5% of current saturation.

We hope and pray that the river will provide.
While I can't in good conscience say whether it was a good investment or not (because let's face it, this is madness in its own beautiful way)...we are stoked to have you onboard.

Articles and Reviews:

@trumpman wrote:

Investing into SMANA
https://peakd.com/hive-167922/@trumpman/investing-into-smana

@adamada wrote:

Exploring SMANA Value On Hive Ecosystem
https://peakd.com/hive-167922/@adamada/exploring-smana-value-on-hive-ecosystem

SMANA Token Stealth Launch on Hive Engine
https://peakd.com/hive-167922/@adamada/smana-token-stealth-launch-on-hive-engine

Game Development: Are Token Burns Necessary in a Crypto Social Site?
https://peakd.com/hive-176981/@adamada/game-development-are-token-burns-necessary-in-a-crypto-social-site

Finally, here are some awesome projects around #Hive for you to check out:

@hive.pizza
@utopis
@brofund
@apemining
@risingstargame
@exodegame
@chaos.air

We've been tinkering away a lot recently so we're happy to start sharing more and more of the progress as the river twists and turns in ever new motions,

Thank you guys for being awesome and always looking out for us!

gotta catch 'em all,