Stakester launches NFT initiative giving gamers access to next level bonuses, privileges and royalties

Stakester, the entertainment app that matches gamers who want to play like-minded opponents for money and prizes, is launching Stakester VIP Cheat Codes, an NFT innovation that is designed to intensify the gaming experience across classic console, PC and mobile games.

Stakester has seen explosive growth since it launched in 2020 (100,000 members across 31 countries), its forthcoming NFT drop is the next iteration of the company’s growth strategy, elevating the idea of an NFT above being simply digital artwork by adding layers of gaming utility to the NFT itself.

“The NFTs embody Stakester’s vision of delivering electrifying gaming experiences through the thrill of competition. NFT holders will help us shape new, undreamt-of entertainment experiences as gaming becomes ever more powerful and immersive,” said Tom Fairey, Founder and CEO of Stakester.

Gamers that buy a Stakester VIP Cheat Code NFT will unlock big prizes (free subscriptions to streaming services like Spotify, designer headphones and even a Peleton bike), the option to play with and win larger sums of money, earn incremental revenue as the NFT project grows, and also access opportunities to influence the Stakester product roadmap.

Built on the Ethereum Blockchain, two levels of VIP Cheat Codes will be released in the NFT drop, VIP and VIP Legendary:

• VIP Cheat Code acts as a pass for the Stakester app and bundles bonuses and privileges including the ability to compete for prizes up to $1000, access to VIP arenas and chat, exclusive mobile competitions, advanced notification of future NFT drops, and more. At launch there will be 9780 VIP Cheat Code NFTs at a cost of 0.1 ETH.

• Legendary status Cheat Codes (the top-level pass) includes all of the benefits available in the VIP level plus higher deposit and withdrawal limits, priority access to live events. Legendary status Cheat Code NFTs are more rare. There will be 220 in the first mint with more to follow at a cost of 0.1 ETH.

• Even more rare Genesis Cheat Code NFTs will also be available at the first drop with only 300 in total being minted at a cost 0.25 ETH.

All Genesis and Legendary NFT holders will get a 50% share of royalties from secondary market sales* and the opportunity to participate in the future direction of product updates.

The NFTs have been designed to look like ‘access all areas’ lanyards, with scraps of notepaper attached to them that display cheat codes from historic PlayStation, Nintendo, Xbox or PC games. The NFTs can also be displayed on the owner’s Stakester profile.

Tom Fairey, continues: “As well as the increase in gaming utility, the NFT drops provide Stakester users with a chance to invest in the future of the company and, for VIP Legendary holders, there’s also an opportunity to benefit from a royalty share from certain competitions and to make a passive income from NFTs, regardless of whether they go up in value or not. Stakester is one of the only platforms to offer this kind of bonus.”

Stakester’s VIP Cheat Code NFTs are also supported via its dedicated channel on Discord where members get to discuss gaming and express opinion on the advances that they would like to see in the Stakester app.

A VIP or VIP Legendary NFT will cost 0.1ETH. Gamers can register for your VIP Cheat Code NFT here: www.stakestervip .com

*Genesis and Legendary VIP Cheat Code NFT holders receive a 50% royalty share from the collection of sales from the secondary market as follows: 6% royalties will be taken from each sale, with 3% going to the Genesis and Legendary VIP Cheat Code NFT holders. The funds will be available quarterly and will be distributed via a Stakester crypto app which will be launched later this year.