What is Pioneer Legends? Recent News, Fundraising and Token
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Key Takeaways
- Pioneer Legends is a Solana-based NFT project focused on generating passive income for holders through crypto mining, DeFi, and royalties.
- The project allocates 33% of mint funds to mining operations, converting mined assets like BTC, LTC, and Dogecoin into SOL for weekly airdrops to holders.
- It combines gamification, community elements, and revenue-sharing mechanisms, with staking features for enhanced rewards.
What is Pioneer Legends?
Pioneer Legends is a passive income NFT project built on the Solana blockchain, designed to generate revenue from crypto mining, DeFi activities, and royalties, which are distributed to holders via weekly SOL airdrops. According to the project's official whitepaper on pioneerlegends.com, it was developed under Aion Ventures, which invested $1,500,000 in mining infrastructure prior to the project's launch. The initiative emphasizes sustainable rewards and community engagement, positioning itself as a gamified experience in the Solana ecosystem.
How Does Pioneer Legends Work?
The core workflow begins with the NFT minting process, where 33% of the mint funds are allocated to established mining operations extracting BTC, LTC, and Dogecoin. These mined cryptocurrencies are converted into SOL tokens and distributed weekly to NFT holders through an airdrop system, as detailed in the project's whitepaper on pioneerlegends.com. Holders can also participate in epoch-based staking starting from the third payout, which enhances rewards based on holding periods and community involvement.
Additionally, the project incorporates gamification elements and multiple revenue sources, including DeFi integrations and royalties, to create ongoing value. Community-driven aspects, such as partnerships under Aion Ventures (including projects like MooniesWTF and LootiesNFT), support the ecosystem, with payouts tracked and announced via the official X account @pioneerlegendio.
What Makes Pioneer Legends Unique?
- Integrates real-world crypto mining with NFT ownership, converting mined assets directly into SOL airdrops for holders, as outlined in the whitepaper.
- Combines passive income with gamified experiences and community fundamentals on Solana, potentially one of the first such projects on the blockchain according to official X posts.
- Backed by Aion Ventures' prior investments and portfolio of over 10 projects, providing established infrastructure for sustainable revenue generation.
Pioneer Legends Native Token
TGE Information
Recent News & Fundraising
- In November 2023, the project announced epoch-based staking starting from the third payout, with the second payout doubling the first despite SOL price increases, as shared on the official X account.
- The project reported NFT floor price growth from 0.1 SOL to 0.2 SOL in November 2023, hitting the lower end of estimated 5-15% monthly ROI, per X updates.
- The whitepaper and website launched in October 2023, detailing revenue sources, gamification, and community aspects under Aion Ventures.