Eldar Badges — The End — Mint Now or Never

QuantumX Network
3 min readJan 19, 2023

Eldar Badges SFTs, or semi-fungible tokens, are a unique digital asset that were created as a way to raise funds for the development of the Eldar ecosystem. This ecosystem includes various decentralized applications (dapps) such as lossless lottery, betting P2P pools, dollar cost averaging, and leveraged farming.

Eldar was the original name of the project before it was rebranded to QuantumX and MultiversX. When the project first started, it raised funds from users through donations, with around 95 million MEX being donated by 190 people. These donors received a percentage of revenue from Eldar dapps, as well as fee discounts and other incentives for future projects.(The already got back arround 31,1 million LKMEX from revenue)

After 6 months from the release, the team behind Eldar introduced the Eldar Badges SFT, which came in three different rarities. These badges were sold to users as a way to raise more funds for development and give those who missed out on the initial fundraising a chance to be part of the project.

Read more here : https://docs.quantumx.network/eldar-badges-sft-collection

The Eldar Badges SFTs offered a range of incentives to early investors, including more rewards and discounts on dapps. However, the bear market made it difficult to attract new investors and the project’s revenue was not as large as expected. Despite this, the team behind Eldar continued to work on the project and eventually released QuantumX, which features a new interface, improved user experience, and has over 500 unique visitors per day.

Now, in order to make the Eldar Badges SFTs as scarce as possible, the team behind Eldar has decided to close the minting of the badges. The minting will be open for another four days, after which any remaining SFTs will be burned. This means that only a limited number of people will be able to earn rewards from QuantumX forever. The total number of SFTs left is 420, and the total number staked is 386, with a total of 850 available if comic book covers are included. This means that only 1000 people at maximum will have the opportunity to earn rewards from QuantumX forever.(And probably will be a lot less)

In conclusion, Eldar Badges SFTs were created as a way to raise funds for the development of the Eldar ecosystem, which includes various decentralized applications. The badges offered incentives to early investors, such as more rewards and discounts on dapps. However, the bear market made it difficult to attract new investors and the project’s revenue was not as large as expected. Despite this, the team behind Eldar continued to work on the project and eventually released QuantumX, which has attracted more visitors. Now, in order to make the Eldar Badges SFTs as scarce as possible, the team behind Eldar has decided to close the minting of the badges.

The minting will be open for another four days, after which any remaining SFTs will be burned. This means that only a limited number of people will be able to earn rewards from QuantumX forever.

Mint : https://www.frameit.gg/marketplace/ELBADGES-2efe5c/mint?sp=true

Stake : https://www.quantumx.network/qrewards

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QuantumX Network

QuantumX is a suite of tools built on the MultiversX Blockchain.