Gelotto Monsters Unleashed is a groundbreaking Play-to-Earn (P2E) monster/hunter battling, breeding, and customizing game. Initially launching as a card battling experience, the game is set to evolve into an open-world online adventure. The innovation behind this game lies in its on-chain NFT transformation, enabling the look, feel, and value of NFTs to grow without resorting to burning techniques.

A total of 1,000 initial eggs and other NFT assets such as moves, names, and colors will be airdropped and sold on the Gelotto marketplace in summer 2023. Each of these 1,000 genesis eggs features unique DNA, serving as the foundation for future eggs (which may contain one or multiple genesis egg DNA combinations). When monsters are bred and sold, the genesis egg owners receive royalties.

In-game currency for Gelotto Monsters Unleashed is $BEAST, while the governance token is $GLTO. Players will use $BEAST for battling, entering events, modifying monsters, purchasing upgrades, and more. A portion of $BEAST is burnt with every transaction, and the remainder is distributed back into the Gelotto protocol and its holders. In the future, Gelotto holders can stake $GLTO as the house DAO and earn staking rewards in both $BEAST & $GLTO.

To ensure a fair launch, $BEAST will be airdropped to users across the Cosmos. This post contains high-level information, and specifics may change. A detailed white paper will be released soon.

The fairdrop allocation plan involves:

1. Initial Airdrop (15% $BEAST tokens and 25% NFTs)
   1. Staking
   2. Liquidity Provision (LP)
   3. NFT Holdings
   4. Blue-chip NFT collections

Specifics of the fairdrop allocation plan are as follows:

1. Staking: 4% of the $BEAST airdrop allocation (40,000,000 $BEAST tokens) and 5% of the NFT airdrop allocation will be distributed to participants staking a minimum of $500 in USD value on eligible Cosmos-based validators. An additional 1% bonus of $BEAST tokens and a 2.5% bonus of NFT allocation will be given to those meeting the staking minimum amount on Gelotto validators.
2. Liquidity Provision (LP): 4% of the $BEAST airdrop allocation (40,000,000 BEAST tokens) and 5% of the NFT airdrop allocation will be distributed to participants providing liquidity with a minimum of $500 in USD value on eligible providers. An additional 1% bonus of BEAST tokens and a 2.5% bonus of NFT allocation will be given to those meeting the minimum amount in any Gelotto LP.
3. NFT Holdings: 2.5% of the BEAST airdrop allocation (25,000,000 BEAST tokens) and 5% of the NFT airdrop allocation will be distributed to participants who hold a minimum of 3 NFTs from each of the eligible Gelotto NFT series:

• Series 1
• Series 2
• Series 3
• Mostros
• Cream Queens

1. Blue-chip NFT collections: 2.5% of the BEAST airdrop allocation (25,000,000 BEAST tokens) and 5% of the NFT airdrop allocation will be reserved for holders who hold a minimum of 3 NFTs from each of the eligible blue-chip NFT collections:

• Bad Kids
• WFC KIDS
• The WadSquad
• The Watchers, Protectors of the Interchain
• One more project, not decided yet

The airdrop allocation for each criterion will be divided among users based on the number of requirements they meet. Users who meet all the requirements within a specific criterion will receive the maximum airdrop amount for that criterion.

For the NFT airdrop, a raffle system will be used. Users will receive a ticket for each requirement they qualify for. Winning tickets will be drawn at random, and the winners will receive NFTs for in-game assets such as eggs, monsters, hunters, names, moves, colors, and other customizable features.

These requirements ensure that only committed users with significant investment in the ecosystem receive the fairdrop, promoting the long-term growth and success of Gelotto Monsters Unleashed.