The Next SocialFi Revolution: Halo Membership Pass Launch

In October 2023, Halo launched the free-to-mint Halo Genesis Pass with 2100 limited collections. The floor price of Genesis Pass has continued to break through over the past 6 months, with participating players making 2000% profit on their holdings to date. With the rapid growth and development of the Halo ecosystem, the Halo Genesis Pass has completed its historic milestone.

Today, we are officially announcing that Halo is launching the Halo Membership Pass for all users, which is an important credential that measures everyone's contribution to the Halo ecosystem. The membership level, contributions and benefits will be linked to your Halo Membership Pass.

The Halo Membership Pass consists of 6 levels. After the upgrade program is launched, the initial level of minting Halo Membership Pass is decided based on the number of Genesis Passes you hold and the Halo XP ranking based on on-chain snapshot.

For the healthy development of our ecosystem, in addition to the Passes minted in this upgrade, the Halo team will periodically release new Pass slots based on the actual market price and community voting. To ensure the benefits of early users, all newly issued Passes can only start from Level 1. In other words, participating in this upgrade is the only way to directly obtain a high-level Pass.

The Halo Membership Pass operates on a season-based promotion system. Users with higher rankings in the same level can directly qualify for promotion. The higher the level of the Halo Membership Pass, the more economic rights, product privileges, and governance rights you can enjoy. At the same time, the level of the Halo Membership Pass is one of the key factors for users to get the airdrop share of community tokens.

Following the upgrade, the Genesis Pass will not be burned. The Genesis Pass will continue to serve as a credential for early holders as well as a symbol of honor for the community. Genesis Pass holders will have priority access to some special internal benefits.

💎 About Halo Membership Pass collection

The level and number of passes you are eligible to mint will be determined by your Halo XP ranking and the number of Genesis passes you hold based on the on-chain snapshot.

  • Collection Name:Halo Membership Pass

  • Items: 40,000 (Initial mint)

  • Levels: 6 levels in total

  • Mint price: 10 USDT for each Membership Pass (Level 1 - Level 6)

    *Coupons can be used while minting. The maximum discount applies to the same address regardless of how many passes you will mint.

  • You may mint multiple Membership Passes for a single wallet address if you hold multiple Genesis Passes.

  • Halo will publish the minting results for qualifying addresses after the snapshot.

  • There is no time limit on minting this membership pass and users can upgrade to a Membership Pass at any time after qualifying.

User distribution at each level

Halo will maintain the rights and benefits of existing users based on the proportion of each level's population, as determined by community governance. Among them, the number of Level 6 Membership Passes is limited, with Level 6 accounting for no more than 3% of all Passes.

💎 Upgrade for Genesis Pass holders

Congratulations! You will have priority over other users in upgrading your membership pass!

What level of Membership Pass can you mint?

For Genesis Pass holders: You can start at Level 4 and advance.

💎 Upgrade for all Halo users

The limit of 2,100 Genesis Passes will be lifted, and more users will have the opportunity to deeply participate in ecosystem building.

What level of Membership Pass can you mint?

For common users: You can upgrade up to Level 4 based on Halo XP ranking.

💎 Benefits empowered by membership

More benefits will be announced for Halo Membership Pass holders.

💎 How to upgrade pass after initial minting

The Halo Membership Pass operates on a season-based promotion system. To advance to the next level, users need to achieve a rank within the top X% of XP for their current level in a given season (specific requirements vary for each level and each season).

  1. Users are required to bind their Pass to their address, which will serve as the basis for participating in the corresponding level's rankings during the season.

  2. Previously earned Halo XP will be transferred to the Halo Membership Pass on a 1:1 basis.

More details regarding the issuance of Halo Membership Passes will be announced by the Halo team at a later date. Welcome to join the Halo community to get the latest updates!

💎 FAQ

  1. Can the Halo Membership Pass be transferred?

    The Membership Pass is open for trading on the secondary market. Users can purchase higher-level Passes and activate them in Halo wallet to enjoy the exclusive benefits associated with the corresponding Membership Pass level.

  2. How is XP calculated if a single address holds multiple Membership Passes?

    When a user holds multiple Membership Passes simultaneously, they need to manually set a Primary Pass, where all levels and XP are recorded. Users can choose their desired Membership Pass to use at any time.

  3. Will Halo XP be reset to 0 after upgrading?

    No, Halo XP, as an important measure of loyalty, will continue to accumulate.

  4. When will the snapshot be taken?

    The snapshot time will be announced soon.

  5. How to get more XP?

    Download the Halo App. Visit the Halo XP center to complete daily tasks and earn XP.

  6. How can I purchase the Halo Genesis Pass?

    Visit OpenSea and buy Halo Genesis Pass here.

About Halo Wallet

Halo Wallet is a leading Web3 social wallet that utilizes its financial capability to monetize the data value of a social network. It aims to be a portal for global users in the SocialFi ecosystem by aggregating wallet’s activity across various protocols and turning them into a human friendly social feed. Halo Wallet ensures users have an intuitive interface to manage digital assets, track DeFi portfolios and discover market trends without leaving the app.

Website | X | Discord | Telegram

Subscribe to Halo | halo.social
Receive the latest updates directly to your inbox.
Mint this entry as an NFT to add it to your collection.
Verification
This entry has been permanently stored onchain and signed by its creator.