New Wallace Wallet Tier System (updated)

Updated new tiers Sept 2023

- Tier 3 (GeoFusion) 33000 GEO 
Send to reward pool: 0xf57C5d032a0Eb0b9e9a2081F4b7992bed90336D3

Dear Wallace Wallet users,

We are excited to announce the upcoming changes to our wallet tier system. As we continue to grow and evolve, we’re introducing a new 5-tier system to cater to the diverse needs of our user base. Each tier has benefits and rewards, ensuring a more engaging and rewarding experience.

Our focus has always been to build a sustainable ecosystem; with the Odin chain now live and GEO set to be ported to Odin, it is time to implement significant changes within the system.

Geo has always been a community-driven coin, and now the power is going back to the community to empower itself and drive adoption. Our goal is to make people realize the importance of their data and that the new economy will be data-based. Each of us can earn from our data and control it. This is why we say that Web 3.0 needs a Wallet 3.0, built future-proof, thinking that it’s not only crypto that people will want to store but also their data. This has been our mission from the very beginning.

Here is a breakdown of the new tiers:

Tier 1: Explorer

For users who have just joined us and have a GEO holding of 0 to 1,000 GEOs in their reward wallet, this entry-level tier offers essential rewards and functionalities to get you started on your journey with Wallace Wallet.

Tier 2: Adventurer

For users holding 1,000 to 5,000 GEOs in their reward wallet, the Adventurer tier provides enhanced rewards and access to exclusive features designed to elevate your Wallace Wallet experience.

Tier 3: GeoFusion

For users who wish to fuse their reward wallet, 33000 GEOs must be sent to the Tier reward pool currently controlled by the team. The pool address is 0xf57C5d032a0Eb0b9e9a2081F4b7992bed90336D3 on either ETH or Polygon networks. This tier unlocks the GeoFusion feature, providing enhanced rewards and opportunities within the Wallace ecosystem. The fusion fee is currently set at 33000 GEO per reward wallet, and pre-registration is now open. The activation of Tier 3 will take place before Tier 4.

Each Wallace reward wallet can only be fused once, & the fusion fee is non-refundable. Users should be sure of their decision and prepared to send the required amount. Fused wallet users will gain access to our support group in case they are mistakenly blacklisted as our systems evolve. If you are already in tier 3, you can request to join our exclusive tier 3 group here

Transferring the tier to another wallet will not be possible.

Warning: If bot activities are detected & continue after GeoFusion, the user will be downgraded to Tier 1. The GeoFusion amount is non-refundable, so we request only genuine users to fuse their wallets.

This rule aims to maintain a clean ecosystem, making it costly and challenging for bots to exploit our community rewards. However, it is essential to note that only users with fused wallets can advance to Tier 4.

Tier 4: StarMerge
For users who own a Wallaxy, this tier grants access to premium rewards and features tailored to those deeply invested in the Wallace community. Just holding a Wallaxy will not be enough; users must hold Wallaxy on their fused Geo reward wallet to access T4. If you sell the NFT or move it to another wallet, you immediately drop it to T3.

You can get a wallaxy on Open Sea
https://opensea.io/collection/wallaxy/drop

Note: Currently, Wallaxy mint is set to 50 Matic and will increase to 75 Matic shortly.

Tier 5: The Odin Fury

This top-tier level offers the highest rewards and benefits for users who stake on the Odin chain with GEOs and Odin tokens, ensuring a truly exceptional experience for our most dedicated users. Only those with T4 can move to this level, and it will require staking both GEO and Odin tokens on the Odin chain.

If while being on T4 you sell/move your wallaxy, you will drop down to T3

Pre-registration (Phase 2) for GeoFusion:

To accommodate our community and provide the opportunity to fuse wallets in advance, we are now opening Phase 2 registration for GeoFusion. During this registration period, you can send precisely 33000 GEOs to the provided address (0xf57C5d032a0Eb0b9e9a2081F4b7992bed90336D3) on either ETH or Polygon networks. This allows you to take advantage of the fusion process before the changeover occurs.

Please note that the amount required for GeoFusion will change in Phase 3, which is already under work.

We’re giving our community ample time to fuse their wallets before the changeover to ensure a smooth transition. Please use your reward wallet on Wallace to send the amount to the above address.

We want to thank our community for your continued support. These changes are just the beginning of our commitment to providing you with the best possible experience. Stay tuned for more updates; we look forward to growing with you!

Sincerely,

The Wallace Wallet Team