DeFi Daily News
Saturday, June 21, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home DeFi NFT

rewrite this title and make it good for SEO Immutable Perpetual Rewards Now Live, First Draw Totals $93K

Jenz by Jenz
April 11, 2025
in NFT
0 0
0
rewrite this title and make it good for SEO Immutable Perpetual Rewards Now Live, First Draw Totals K
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1200 words and keep HTML tags

Immutable has launched its new Perpetual Rewards programme, offering players a chance to win cryptocurrency through weekly prize draws. The first draw went live on 10 April with a total pool of 235,758.46 $IMX tokens—equivalent to roughly $93,000 at the time of launch.

The programme builds on previous in-game reward systems and is aimed at players who have already participated in supported blockchain games. Those who have collected enough in-game currency known as Gems can now exchange them for entries into a weekly draw.

This marks a formal rollout of a system that was previously tested in beta. According to Immutable, draws will occur on a regular schedule and will include a range of digital prizes, primarily denominated in its native $IMX token.

Immutable Perpetual Rewards Now Live, First Draw Totals $93K Source: Immutable

What is the Immutable Perpetual Rewards?

The Perpetual Rewards programme is designed to distribute $IMX tokens and other in-game items to players based on their past activity. First announced in December 2024, it builds on an earlier initiative called “Main Quests,” which encouraged users to complete tasks in supported games to earn Gems.

Eligible games include Guild of Guardians and Illuvium, among others. Players accumulate Gems by completing in-game objectives which now serve as the main currency for participating in the rewards system.

The prizes in the Perpetual Rewards programme are distributed based on the player’s Key tier. Players who redeem a Key are eligible for prizes from different pools, which are segmented by the rarity of their Key. The prize breakdown for the first draw (235,758.46 $IMX tokens) includes the following tiers:

Common Tier – 5.88% (13,862.60 $IMX)Uncommon Tier – 11.36% (26,782.16 $IMX)Rare Tier – 21.98% (51,819.71 $IMX)Epic Tier – 18.67% (44,016.10 $IMX)Legendary Tier – 17.12% (40,361.85 $IMX)

Additionally, there is a Mythic Draw, which holds 25% of the total prize pool (58,939.62 $IMX) and is open to everyone, regardless of Key tier. In this pool, 100 random winners will receive prizes ranging from 181.548 $IMX to 20,955.888 $IMX.

Immutable Perpetual Rewards Now Live, First Draw Totals $93K
Immutable Perpetual Rewards Now Live, First Draw Totals $93K Source: Immutable

How to get involved?

To enter the Weekly Draw, players must redeem 500 Gems in exchange for a Key. Each Key represents one entry into that week’s draw, and only one Key may be used per player per week. The draw is divided into three phases:

Phase 1: Redemption (Thursday to Monday): Players redeem their Gems for a Key.Phase 2: Rewards (Tuesday): Immutable processes all entries and determines rewards.Phase 3: Claim (Wednesday): Participants can log in to claim any prizes won.

Prizes include $IMX tokens, bonus Gems, future draw entries, and other in-game benefits.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: 93KDrawGoodImmutableLivePerpetualRewardsrewriteSEOtitletotals
ShareTweetShare
Previous Post

These Two Behaviors Say You’re Getting Divorced!

Next Post

rewrite this title C0ffeebabe.eth Outsmarts Hacker in Morpho Labs Breach

Next Post
rewrite this title C0ffeebabe.eth Outsmarts Hacker in Morpho Labs Breach

rewrite this title C0ffeebabe.eth Outsmarts Hacker in Morpho Labs Breach

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Changelly Collaborates with BRLA Digital and Announces Zero-Fee Campaign – Cryptocurrency Insights & Trading Guidance on Changelly’s Blog

Changelly Collaborates with BRLA Digital and Announces Zero-Fee Campaign – Cryptocurrency Insights & Trading Guidance on Changelly’s Blog

July 25, 2024
Boeing machinists refuse latest offer, prolonging bruising six-week strike

Boeing machinists refuse latest offer, prolonging bruising six-week strike

October 23, 2024
rewrite this title with good SEO Michael Saylor Explains Why Microsoft Should Buy Bitcoin

rewrite this title with good SEO Michael Saylor Explains Why Microsoft Should Buy Bitcoin

May 6, 2025
Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

Rough N’ Rowdy 25 FREE PREVIEW | Watch 20 Fights + Ring Girl Contest TONIGHT

August 9, 2024
I Built The DREAM Office Setup!

I Built The DREAM Office Setup!

November 30, 2024
rewrite this title with good SEO Bitcoin Could Explode On Bessent’s 0 Billion Deregulation Shock

rewrite this title with good SEO Bitcoin Could Explode On Bessent’s $250 Billion Deregulation Shock

May 28, 2025
rewrite this title and make it good for SEO”Unjust war imposed on my people”: Iran FM calls for international action at UN Human Rights Council

rewrite this title and make it good for SEO”Unjust war imposed on my people”: Iran FM calls for international action at UN Human Rights Council

June 21, 2025
rewrite this title From Free NFT Mint to Drinks at 7-Eleven: Rekt Is Reaching the Masses – Decrypt

rewrite this title From Free NFT Mint to Drinks at 7-Eleven: Rekt Is Reaching the Masses – Decrypt

June 21, 2025
rewrite this title ETH Breakout Patterns Align With Kaanch Buying Frenzy—Top Altcoins Can’t Keep Up

rewrite this title ETH Breakout Patterns Align With Kaanch Buying Frenzy—Top Altcoins Can’t Keep Up

June 21, 2025
rewrite this title Deadspin | Brandon Walter bids to keep Astros soaring vs. Angels

rewrite this title Deadspin | Brandon Walter bids to keep Astros soaring vs. Angels

June 21, 2025
rewrite this title Brigette’s 5 Grocery Shopping Trip and Weekly Menu Plan for 5!

rewrite this title Brigette’s $115 Grocery Shopping Trip and Weekly Menu Plan for 5!

June 21, 2025
rewrite this title Photos: Why it took courage for these women to pose for the camera

rewrite this title Photos: Why it took courage for these women to pose for the camera

June 21, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.