May.10.2024

SUZUVERSE Announces Major Updates to Token Rewards and NFT Utilities

Tokyo, Japan, May 10, 2024 — SUZUVERSE, the pioneering mixed reality metaverse platform built on decentralized blockchain technology, today unveiled a comprehensive series of updates to its token rewards structure and Suzuwalk avatar product lines. The changes reinforce SUZUVERSE's transition toward a truly composable blockchain ecosystem with immersive, ownership-driven experiences.

Token Rewards Updates

  • Walk-to-Earn Discontinuation for New Suzuwalk Avatars: Effective June 2024, the Walk-to-Earn token rewards program for new pet avatars will be discontinued across the SUZUVERSE ecosystem. Existing avatar NFTs purchased prior to June 2024 will continue earning rewards as before.

  • Adjusted SOT Token Rewards: For eligible new Suzuwalk avatar collections launched after June 1st, 2024, the quantity of SOT utility tokens provided as rewards will be modified from previous allocations (from 100% to 80%).

Enhanced NFT Capabilities

  • NFT Minting on Polygon: Starting June 1st, 2024, owners of eligible SUZUVERSE pet avatars can opt to have their assets minted as NFTs on the Polygon blockchain, unlocking additional utilities.

  • New Print-on-Demand Service: A print-on-demand service will allow owners of blockchain-minted SUZUVERSE NFTs to purchase physical printed artwork representations.

  • Increased Affiliate Commissions: Direct sales affiliate commissions for eligible sales on the SUZUVERSE platform will increase from 10% to 20%.

"Blockchain composability is core to our vision of an immersive, ownership-driven metaverse experience," said George Miyauchi, President and CEO of SUZUVERSE. "These updates reinforce our evolution toward a decentralized future where users have true digital ownership and economic empowerment."

Community members can refer any questions on these updates to the SUZUVERSE support team through official channels.


About SUZUVERSE:

Founded in 2022 by Ryoji Miyauchi, SUZUVERSE is a Japan-based leader in the mixed reality metaverse space. It integrates emotion AI technology with blockchain to deliver unique digital experiences with a social impact. SUZUVERSE’s flagship products, CheerCast and Suzuwalk, address contemporary challenges such as loneliness, social isolation, and holistic health. The platform champions a decentralized approach, empowering users to experience true freedom - socially, spiritually, and economically. For more information, visit SUZUVERSE’s official links at https://go.suzuverse.com/linktree.

Media Contact:

For more information about SUZUVERSE and its latest updates, please contact Angeline “Chii” Viray (Investor Relations) via email (ir@suzuverse.com) or on WhatsApp (+639608994989).