At the side of the top of Season 3 and gamers claiming their S3 rewards, Proof of Play has launched a 180-day vesting schedule. This contains Season 3 and all forthcoming competitions and PIRATE rewards in Pirate Nation.

In keeping with the crew, the explanation behind the brand new vesting construction is “to maximise long-term alignment between our gamers and the PIRATE ecosystem.”

The vested quantity begins at 10% of tokens and vests progressively till day 180. Customers holding and claiming all their tokens after the complete 180 days might be rewarded with additional Proof of Play Factors. Any unclaimed PIRATE after that stage might be burned.

In an analogous method, any PIRATE tokens which have been allotted to ineligible individuals thus far – gamers who didn’t purchase VIP or a Founder’s Pirate – might be burned. This quantities to round 10 million PIRATE tokens, or 1% of the entire provide.

Considerably a shock, the announcement comes shortly after Proof of Play unveiled different main sport updates, together with shifting away from a seasonal construction in the direction of shorter PVP tournaments and rewards spanning past PIRATE.

In fact, some have critizised the crew for missing transparency, not speaking their plans for a vesting schedule forward of imposing it. Some assume it’s an outright rip-off, whereas Steve Kaczynski (The All the things Token) has known as it the “first main misstep” from Proof of Play, saying “the crew has at all times emphasised constructing a terrific sport/product over specializing in token worth. This transfer seems like a shift from that ethos.”