Attention shooters: Scholarships are now being accepted

This is great breaking news for all active Crypto-Shots players and those who wish to enter the game....

Read carefully the process and conditions, this will make your mind go BOOM!

10 SCHOLARSHIPS ARE NOW BEING ACCEPTED

For this first round of submissions, we apply a first come first served approach.
Read the instructions below and initiate the process.

HOW DO CRYPTO-SHOTS SCHOLARSHIPS WORK:

In order to have an active Scholarship, you need to have a Scholarship NFT in your wallet.
The Teacher NFTs have a field with the Scholar wax address in it and how much the Teacher keeps of the $BOOM rewards (eg. 52.3 %) in exchange for renting out their wallet.
The Scholar NFTs have a field with the Teacher wax address in it and how much the Scholar keeps of the $BOOM rewards (eg. 47.7 %) in exchange for playing on behalf of the Teacher.

The BOOM rewards are automatically split between the Scholar and Teacher when the Scholar presses the Claim button and based on the amount printed on the Scholarhip NFTs.

The Scholarship NFTs are BURNABLE and NOT TRANSFERABLE. Whether you are a Teacher or a Scholar, you can interrupt your partnership at any time simply burning your Scholarship NFT.
There will be no funds loss, either party can request a rank reset so that the funds can be unstaked. In case of issues we'll send the funds to both parties, but this is subject to a cooldown period in order to not be abused.

Teachers, keep in mind that you cannot play CS once you receive the Teacher NFT and start your Scholarship agreement. You still have full access to the site to interact with your inventory and wallet.

We recommend that scholars claim all their pending rewards before they get issued the Scholar NFT. As soon as they get the Scholar NFT, all their gaming rewards will get split with the Teacher as part of the agreement in place.
There can be max 60 BOOM in pending rewards (and Scholars usually don't have many). You are allowed to create a new wax account dedicated only to scholarships.

HOW DO I GET A SCHOLAR OR TEACHER NFT?
These NFTs are given out to players based on their agreements.

EVERYONE: chat with potential partners in (our discord server) ┌🍻🎓-ss-chat.
SCHOLARS: put your share offers in (our discord server) ├🤖🎓-scholar-offerings.
TEACHERS: post your inventory details and share offer in (our discord server)├🤖🎓-teacher-offerings.

Once the 2 parties reach an agreement, they can proceed this way:

  1. Scholar sends a 1 BOOM transfer to the Teacher specifying in the memo how much they agreed the Scholar keep of the BOOM rewards, in this format ikeep45 (ie. the Scholar keep 45 %)
  2. The Teacher sends 20 BOOM to the wax account scholarships (we got it!!) and puts the Scholar's transaction in the memo (example: https://wax.bloks.io/transaction/1fccb166a877e9a4c407e6162f2b66d9dc6dcf7693ea5d6c28b6648989a1a63d)
  3. The Teacher posts the transaction in ├🤖🎓-ss-transactions

For now the review process will be manual but we also commissioned a bot that will do the validations and react instantly to the message if the partnership is valid.
The Scholarships NFTs for now get minted manually. Soon this will be automated as well.
SCHOLARSHIPS AMOUNT @everyone
Every Scholar can have MAX 2 TEACHERS. A TEACHER can have AS MANY SCHOLARS AS THEY WANT.
From one device in each household you can play with max 2 accounts (1 regular account and 1 scholarship accounts OR 2 scholarship accounts). Max 2 devices are allowed to play per household - ie. 2 different people!
You can have in your wallet either one Scholar NFT or one Teacher NFT. If at any point in time you have more than one of each type, you won't be able to login into the site. Same thing if you have both type of Scholarship NFTs.
Burn what you should not keep.

WHAT ABOUT THE STAKE-TO-CLAIM RULE?
The usual stake-to-claim rules applies (otherwise Scholarships would be prone to abuse in order to take advantage of this).
In this spreadsheet that our phenomenal @[MOD] ZayNe put together, you can see what what the Teacher wallet should be like in order to be profitable for you Scholar:
https://docs.google.com/spreadsheets/d/1O3P9GT9yGPcbdRe9f4fZzRRodxlqf873hqUrQVbkQII/edit?usp=sharing 👈 😎
Make sure your Teacher has some reward boosters! (weapons, capacitors, tekno)

And what about the staked BOOM? How does that get split when the Scholarship is terminated by either party?
At any point in time the Teacher and the Scholar can request us to reset the rank to 1 (ie. RANK RESET).
The fee to do so is 40% of your balance. With min is 50 BOOM and the max fee is 500 BOOOM.
Timing: the reset for now is a manual process so expect a few days to process rank reset requests.



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