SafePal x Karat Galaxy – Unlock $SFP Utility & Exciting Rewards

Dear SafePal Community,

We’re thrilled to announce a special collaboration with Karat Galaxy, a blockchain-based gaming world, from Dec 25th, 2024, 10 AM UTC – Jan 3rd, 2025, 10 AM UTC. 

This campaign is packed with exclusive rewards and a chance to explore the exciting Karat Galaxy ecosystem with $SFP utility at its core.

What’s Next for $SFP in Karat Galaxy?

As part of this collaboration, we’re taking our partnership to the next level with exciting new integrations for $SFP, the decentralized utility token fueling the growth of the SafePal ecosystem in Karat Galaxy:

1️⃣ $SFP as a Payment Method
$SFP
is now live as a core currency within Karat Galaxy!  Players are able to use $SFP for in-game purchases, upgrades, and exclusive content. The in-game store features a seamless interface to select $SFP alongside other currencies, ensuring a smooth experience for all users.

2️⃣ $SFP Token Burn Mechanism
A percentage of every in-game transaction using $SFP will be burned, creating scarcity and boosting the long-term value of $SFP

3️⃣ SFPlus Staking Campaign
Early next year in 2025, SafePal users can stake $SFP to earn KARAT tokens as rewards, with a dedicated pool of 516,000 KARAT tokens. This is a great opportunity for both communities to engage and earn together!

Campaign Rewards & Requirements

To celebrate this partnership, SafePal users who access Karat Galaxy from SafePal app can earn exclusive rewards by participating in the campaign. Here’s what you can unlock:

Reward 1: 100,000 In-Game Coins

  • All SafePal users who connect their SafePal wallet with the Karat Galaxy DApp will instantly receive 100,000 Free Coins.

Reward 2: 5,000 NFT Mystery Boxes

  • The first 5,000 eligible users will receive one NFT Mystery Blind Box, which can be opened for an exclusive NFT or traded on the NFT marketplace.

Reward 3: Legendary SafePal NFTs

The Legendary SafePal NFT is the most exclusive and powerful base NFT in the Karat Galaxy universe, offering unmatched bonuses and in-game advantages. This limited-edition NFT, valued at $1,000+, is only available through the special event hosted by SafePal and Karat Galaxy.

Deposit a minimum of 5 SFP into Karat Galaxy for a chance to win this Legendary SafePal NFT, offering x3 Hash Power Buff in Karat Galaxy and exclusive in-game advantages.

How to Participate:

  1. Log into SafePal Wallet
    • Access Karat Galaxy through the SafePal DApp browser: search ‘Karat Galaxy’ in search bar in DApps Center to access
  1. Bind Wallet Address
    • Connect your SafePal wallet to your Karat Galaxy account: Click ‘Select Wallet’ then choose SafePal wallet to connect
  1. Engage on Social Media
  2. Join Telegram
  3. Achieve In-Game Milestone
    • Reach 300,000 Hash Power.

FAQs

1. How to check rewards?

– NFT Mystery Boxes and Gold Coins

Karat Galaxy will send the Mystery Boxes and Gold Coins to the user’s Karat Galaxy account within 72 hours after the end of the Giftbox campaign. Users need to log into Karat Galaxy Dapp with the same wallet address which was used by participants in the event campaign and check the “Mail” on the homepage as shown in the screenshot below.

– Gold Coins

All SafePal users who log into Karat Galaxy Dapp using their SafePal wallet will receive an immediate reward of 100,000 gold coins.

– Legendary NFT

At the end of the event, a raffle will be held among all the eligible players. A lucky winner will receive a Legendary NFT!

2. How can I ask for assistance?

For any questions or problems regarding this activity, please go to the SafePal Discord community and raise your enquiries in the #WHO-AND-EVENTS channel here.

Full Disclaimer

Activity Rules
SafePal reserves the right to disqualify participants that are deemed to be spammers or illegally bulk-registered accounts, as well as activities that display attributes of exploitation or market manipulation.

SafePal reserves the right to cancel or amend any activity or activity rules at our sole discretion.

Not Investment Advice

This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article’s content as such. SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you. 

Cryptocurrency investment is subject to high market risks. Please invest cautiously. SafePal will not be responsible for any investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities. 

Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

Non-Endorsement

The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal. 

Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.

About SafePal:

Founded in 2018, SafePal is a next generation non-custodial crypto wallet suite backed by Animoca Brands, Binance and Superscrypt. The suite empowers access to decentralized and centralized finance on 100+ blockchains across its hardware, software, and browser extension wallet solutions.

Encompassing a diverse mix of crypto asset management solutions like cross-chain swapping, trading and yielding tools, centralized exchange (CEX) mini programs, a banking gateway and Visa card for users — SafePal serves over 18 million users globally across 200+ regions and countries in 16 languages.

SFP is a decentralized BEP-20 and ERC-20 token fuelling the SafePal ecosystem with various utilities such as discounts on SafePal products, staking boost and airdrop rewards, seamless conversion to gas tokens, and more.

Stay informed about SafePal here

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