Black Bear Finance, a new DeFi and GameFi initiative, is getting ready to debut its play-to-earn gaming platform, which will provide players with collectible NFT experiences through various game mechanics while also incentivizing them to support animal conservation.
Black Bear Finance is distinct from other crypto charity ventures in that it encourages people to contribute both directly and indirectly to a long-term, sustainable conservation effort.
Many initiatives appear to fall short of their goals in terms of development and long-term viability. Their coin loses value shortly after its debut, and philanthropic organizations’ financing begins to dry up.
Black Bear Finance, which is firmly based on conservation, aspires to safeguard land and endangered species through sustainable activities. The platform uses a variety of creative approaches to encourage and mobilize charitable contributions to conservation efforts.
Powering the Ecosystem with $BEAR
Black Bear Finance will launch its own utility token, $BEAR, to incentivize contribution through various mechanisms. The benefits include staking, play-to-earn gaming economy, yield farming, payments, visa card integration, NFT marketplace, and more.
The token will be the foundation that offers benefits to the members of the community and supports the entire ecosystem. The development will focus on creating more utility, awareness, and partnerships that create a real-world impact. Users can also contribute indirectly to conservation by playing various P2E games within the Black Bear ecosystem to earn crypto rewards. A portion of their rewards will be allocated to a charity wallet.
Charity Treasury For Sustainable Funding
Black Bear Finance aims to give back to different wildlife conservations via direct contributions by community members. Just by joining the Black Bear Finance community and sharing the various charity organizations it supports, you can play your part in wildlife conservation. A charity Treasury will be introduced to generate yield through our staking platform. This will be used to sponsor specific organizations that need long-term funding for their success. Black Bear Finance users can also contribute directly by donating to conservation funds and purchasing merchandise on the platform.
The project will also encourage long-term community participation, giving more power to the users in the decision-making processes. Its soon-coming community voting system will allow users to nominate and vote for deserving organizations, allowing for real interaction to raise awareness of top-tier conservation efforts.
Furthermore, Black Bear Finance seeks to integrate an NFT marketplace that supports charities and organizations in new ways. Users can trade and collect NFTs and other merchandise on the marketplace, with trading fees and original costs going directly to non-profit organizations.
Last but not least, Black Bear Finance will launch a play-to-earn gaming application that rewards users for playing games in the metaverse while supporting wildlife conservation efforts worldwide. Users will be able to select from a wide range of P2E games that they can play in order to earn crypto. In addition, they will be able to mint, buy and trade in-game characters in the marketplace, with the proceeds going to conservation efforts.
The BEAR token
The BEAR token will be charity-driven, as earlier mentioned, to incentivize contribution through a rewards-based yield generating economy. It is a high yield staking token built on the Polygon network that rewards the community or holders via NFT gamification, staking, and DeFi yields farming. All holders who stake their $BEAR tokens in various liquidity pools on the platform will earn rewards and receive high APY.
Furthermore, Black Bear Finance will integrate a rewards Visa card. Users will receive crypto rewards by spending on the card, while a smaller percentage will be donated to conservation efforts. This ensures that Black Bear Finance does not only give benefits to all token holders, but it also incentivizes all those who participate in the ecosystem.
The mechanism behind the Black Bear Finance ecosystem is simple – enhancing the value of its reward-based tokens through gamification and community building while contributing to conservation efforts.
Black Bear Finance is currently building its community in preparation for its token sale. It is still in its early stages, so head over to its website to enjoy early-bird benefits and giveaways.
Learn more about the project: