Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Sentries NFT holder benefit. If you hold a Sentry PFP NFT<br />
and a Lode Link (earned by HODLing), you can participate<br />
in 0% commission SOL staking. Public/non-holders<br />
are subject to a 7% commission rate.<br />
And The Lode is pretty popular, as the total stake of the<br />
validator is over 100k SOL at the time of writing. In fact,<br />
the Lode is #1 validator by the rankings of Marinade<br />
Finance. Not bad!<br />
The revenue from the B2B services will supplement the operational<br />
budget.<br />
Sentries holders can participate in the referral program, allowing<br />
them to earn rewards for referring B2B Services clients to Sentries,<br />
with bonuses depending on the number of Sentries held and their<br />
Power.<br />
Sentries NFTs<br />
As mentioned above, Sentries NFT holders will get discounted<br />
access to RPC nodes and B2B referral programs. There’s also a<br />
Flex-&-Earn incentive to use Sentries PHP on Twitter. Those who<br />
have a Sentries NFT as a profile image will earn additional rewards.<br />
Although so far, this wasn’t a strong incentive, as only 250 people<br />
are using Sentries as PFP.<br />
On top of that, holders also receive the revenue share from the Lode<br />
rewards, and they can even power up the rewards by delegating 5<br />
SOL in the Lode. There’s no limit to how much SOL you can delegate<br />
to the validator, but only 5 SOL per Sentrie staked will give the additional<br />
reward.<br />
Overall, The Lode rewards to holders boil down to a pro-rata 5%<br />
share of business gross profits, plus a pro-rata share of the 3% commission<br />
per Sentries NFT powered by 5 SOL stake.<br />
As per the current expected APY, revenue from the Lode<br />
stake would be ~65000 SOL. Portion of those rewards<br />
will be distributed to Sentries holders.<br />
RPC nodes<br />
Another component is RPC nodes. RPC, or Remote Procedure<br />
Call, allows users and applications to communicate<br />
with validator nodes. Think of it as the middle-man<br />
in your transaction or someone who translates your<br />
request for the blockchain.<br />
Sentries will use part of the mint funds to develop a<br />
permissionless, on-demand RPC Node access system. It<br />
will be available to the public at the default pricing, while<br />
Sentry holders will receive discounted access based on<br />
the number of Sentries held.<br />
Access to RPC nodes comes in handy for NFT investors<br />
who love snipping NFTs. The competition between snippers<br />
is also high, and a fast RPC node can give a huge<br />
advantage.<br />
B2B Services<br />
The next category is B2B Services. Sentries will provide<br />
validator and RPC node services to businesses. This is<br />
all about hardware, set-up, maintenance, support, and<br />
UI UX.<br />
At certain thresholds, Sentry holders will also unlock additional<br />
perks, including visual upgrades.<br />
Final thoughts<br />
When the primary holder’s benefit relies on a passive income, the<br />
amount of that passive income will define the NFT collection appreciation<br />
in value. At this point, it is hard to predict how much revenue<br />
the business will generate. But whatever the revenue, we must keep<br />
in mind that the revenue share will be divided by 8888. Calculating<br />
the rewards holders receive from Lode stake by today’s APY would<br />
bring less than 1 SOL yearly per one Sentries NFT without power-ups.<br />
So, holding one or a couple of Sentries might not bring life-changing<br />
money, but if you have a larger bag, after some time, you might accumulate<br />
a worthwhile amount of SOL, especially if the Sentries will<br />
keep growing as a business bringing more and more revenue.<br />
A lot depends on the team and how they will manage to grow the<br />
business. And the team looks decent. It was doxxed by Bifrost and<br />
Alpha Labs.<br />
The team has people with expertise in law, B2B marketing, business<br />
scaling, crypto, Solana RPC node operators, community engagement,<br />
tokenomics experts, internet infrastructure, cloud services,<br />
and more.<br />
The weakest point is art. It looks like a cheap Fiverr artist made it,<br />
the character is not something large audiences would identify with,<br />
has no facial expressions making it harder to relate to. Regardless,<br />
utility projects don’t need high-end art, but nice-looking PFPs always<br />
help. Hopefully, the art upgrades will bring something fresh to the<br />
table.<br />
Nothing in this article is financial advice! Always do your research!