We're excited to introduce the Captain's Incentive, a customer-centric initiative aimed at recognizing and appreciating our dedicated community of captains who have contributed immensely to our brand's growth and development. As we progress, we want to ensure our captains continue to reap the benefits of our expansion in the market.

How to qualify?

Anyone who has received the "Captain's Award" will be eligible. To earn this, you must have your Saved Souls delisted for at least 30 consecutive days.

What does this mean for you as a Captain?

As a captain, you'll be eligible to 33% rewards from Saved Souls and 50% rewards from Swamp Souls, along with access to exclusive offers and giveaways designed specifically for captains. This is our way of expressing gratitude for your unwavering commitment and effort.

Here's how it works:

Once your Saved Souls have been delisted for 30 consecutive days, you'll attain Captain status and become eligible for rewards. The initial rewards disbursement will occur on June 6th, with subsequent payouts every rolling calendar month. For instance, if you achieve captain status by July 1st, you'll qualify for June's rewards disbursement.

We will handle this process automatically, meaning you won't have to worry about gas payments or claiming rewards in any other manner.

How will the rewards be divided?

We want to try to be fair with as many people as possible so we've decided to distribute rewards as follows:

Blue Whale Award - 20%

Finback Award - 35%

Humpback Award - 25%

Narwhal Award and below - 20%

While the percentages differ, they are based on the number of individuals in each group. The higher the award, the greater the rewards, as fewer people will be sharing them.

For example if we had 20E as rewards and the following Captain counts:

Blue Whale Award - 11

Finback Award - 42

Humpback Award - 150

Narwhal Award and below - 800

Then each one in each category would get:

Blue Whale Award - 0.36E

Finback Award - 0.16E

Humpback Award - 0.032E

Narwhal Award and below - 0.0025E

As our project flourishes in the secondary market, we'll have even more opportunities to reward our loyal Captains. Let's continue collaborating to build a brand that we can all be proud of in the future!

Disclaimer

In order to ensure the Captain's Incentive is sustainable and provides fair rewards for everyone, we have established the following terms and conditions:

• Rewards for the incentive will be taken from the royalties made since the launch date of Swamp Soul, which is April 27th, 2023.

• The total amount of funds available for disbursement will be calculated after deducting any associated costs or expenses incurred during the relevant month. These may include giveaways, airdrops, gas costs, and other expenses.

• To prevent double dipping, you will only be eligible for the highest award that you have received. For example, if you have received a Humpback Award, you will not be eligible for royalties from Narwhals.

• If the total amount of rewards to be disbursed is less than the required gas fees, we will be unable to send the rewards. In such cases, the unpaid rewards will be carried over to the next month until there is sufficient amount to be disbursed.

• We cannot guarantee the availability of enough rewards for disbursement in any given month.

• While we have no current plans to make changes to these rules, we reserve the right to modify them at any time. We will provide ample notice of any such changes in advance.