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SLEEPASS: Sleep to Earn, Improve Your Health Through Sleep

February 21, 2024
in Crypto Exchanges, Crypto Updates
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Leading cryptocurrency trading platform Coinstore listed GSPT/USDT on January 29,with the highest increase of 5450%. Founded in 2020, Coinstore has served over 700 project teams and listed over 750 trading pairs. Trusted by more than 5 million users and 175 countries, Coinstore provides a series of products, including spot trading, futures trading, Launchpad, earn, and wallet.

1. What is SLEEPASS?

SLEEPASS is a sleep management app equipped with game-fi functionality.This is a model project called ” Sleep to Earn “ where you can earn virtual currency and NFT just by sleeping as usual .

You earn SHEEPN (NFT) by raising and hatching eggs called EGGs in the game world .

At SLEEPASS

  • By getting a good night’s sleep in the real world, you can acquire higher-quality NFTs.
  • By owning high-rarity SHEEPN, you can earn the virtual currency SPT more efficiently.
  • Furthermore, if you participate in a contest using those NFTs and rank high in the rankings, you will be able to earn governance tokens (GSPT).

1.1 EGG

In SLEEPASS, there is an item called EGG. EGG can be obtained by spawning with SHEEPN or purchasing in the marketplace. By hatching EGG, users can obtain new SHEEPN, and the rarity and parameters of that SHEEPN depend on the item used and the parameters of the spawned SHEEPN.

In order to hatch EGG into SHEEPN, it is necessary to set EGG in a device called “SLOT”. If you sleep for the set number of days with EGG set to SLOT, SHEEPN will be generated from EGG.

1.2 SHEEPN

SHEEPNs generated from EGGs are randomly determined based on the rarity of the SHEEPNs that the EGGs are based on. Also, the generated SHEEPN will inherit the same type as the hatched EGG.

The rarity of the generated SHEEPN depends on the following parameters:

  • EGG rarity
  • Sleep rank just before going to sleep
  • Sleep evaluation score for the day

2. Key feature

  • Contests

Contests are the most standard way to earn virtual currency on SLEEPASS. In the contest, you can compete with other players by selecting 3 SHEEPNs you own and having them participate in the contest.

The winner of the contest is determined by the number of contest points earned.Contest points are based on the total parameters of the participating SHEEPN. In addition, each contest has a “theme” quality type and parameters, and if the parameters match the quality type of the SHEEPN entered, you can get bonus points.

  • Cultivation/Cleaning

Training and cleaning are done by SHEEPN, which the player can do when not sleeping.

By training, players can maximize SHEEPN’s parameters. The maximum value of the parameter varies from individual to individual.Training is done by consuming SPT. The amount of SPT consumed varies depending on the training level and rarity of SHEEPN, so more SPT is required to train a higher level SHEEPN.There are 10 to 10 training levels for SHEEPN, and raising the training level to the maximum will give you an advantage in the contest.Once training is done, there is a set cooldown time, so it cannot be done continuously.

By cleaning, the environment level in which SHEEPN is raised can be lowered and the parameters and rarity of SHEEPN that hatches and EGG that occur during spawning can be prevented from being adversely affected.Cleaning consumes SPT just like training, and the amount consumed varies depending on the level of training and rarity of SHEEPN.There are 10 to 10 environmental levels, and maintaining a high environmental level will generate a bonus, which will have a positive impact on the NFT (SHEEPN) generated.

3. Tokenomics

SLEEPASS uses a dual token system: governance token GSPT and utility token SPT.

  • SPT

SPT is a utility token with an unlimited number of issues that is routinely Sleep-To- Earn on SLEEPASS.

Burning mechanism of SPT

1.SHEEPN level up (planned)

2.SHEEPN cleaning (planned)

3.SHEEPN mint (planned)

  • GSPT

GSPT is a governance token in SLEEPASS,with 6,000,000,000 total supply.

GSPT is used in SLEEPASS for the following purposes:

  1. Give them the right to vote on the direction of the game;
  2. Strengthening NFTs

GSPT allocation:

40% Supply drivers

20% Ecosystem

20% Team

10% Investors

5% Marketing

4% Strategic partners

1% Advisors

About Coinstore

Accessibility. Security. Equity.

As a leading global platform for cryptocurrency and blockchain technology, Coinstore.com seeks to build an ecosystem that grants everyone access to digital assets and blockchain technology. With over 6 million users worldwide, Coinstore.com aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

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