NEW GEM IN SUI? Guide about NFT IKA-CHAN
🚀Briefly about IKA:
Ika is the first sub-second MPC network, scaling to 10,000 tps and hundreds of signer nodes, with zero-trust security. Powering multi-chain coordination on the Sui blockchain.
🌏 Website: https://ika.xyz/
❗ Before start of project download SUI Wallet and deposit there some SUI for actitivities in project. Link for browser extension is here.
⌛ Deadline of activities: to be announced
Mechanics of participation in project
1. Firstly, we need to have NFT IKA-CHAN (NFT-collection "THE MF SQUID MARKET"). Some early users already got these NFTs almost for free. So we just have to buy this NFT at markeplace here.
🔥Important note: NFT has a lot of attributes which make its unique, but suggest you take a closer look at NFT with attribute rarity "EPIC" (if you have enough $SUI for experiment) or just common to try this case.
💲 The minumum price of "epic" nft now is about 93 $SUI (about 227$ by date 02.04.2025). Personally i bought it for 50 $SUI (120$) one week ago. Already profit, but i think it's worth to continue!
🔥 One more important detail - every NFT has different points of rating (ink droplets). It depends on the level and stage of your NFT. For example, i have 96K droplets for epic NFT 56 level. You will see these droplets later at the page with pre-mainet tasks.
2.After you got NFT, next you need to level-up it here. Every level increases the degree of NFT's uniqueness. For every level you need 1 $SUI. By the way, these SUI coins transfers to burning out, some kind of token stimulation.
NFT has also different stages. Every stage changes visual view of your NFT (it seems that from stage to stage your NFT becomes "cleaner", and you can see more details on it). New stage affects rarity of your NFT.
For example, my NFT is 56 level and i need 44 levels to new stage (about 107$). The more stage you need, more tokens SUI you have to spend.
🔥 Important note: you can randomly get special NFT key (Squide key) for every level-up. But percent of that drop is extremely low. After getting key, you need to claim it. Later you can try your luck and to burn this key in order to get some rating points (below in this article i will describe it)
3. Pre-mainet tasks of project here
Tasks sections became active at 01.04.2025. Now you can complete almost all tasks except two of them: staking NFT and task №5.
❗ For completing tasks you need to have at least 5 SUI at your wallet (some kind of method to verify that you are not bot). Otherwise you can get some errors during transactions.
1️⃣ Task 1: Stake your MF Squid Market NFT - not active now ⛔
The most important task and feature of project. To do it you need to have IKA-CHAN NFT of any rarity, level and stage. For better NFT you will get more rating points (ink droplets). When you connect your wallet to site with tasks, you will see amount of your droplets. Now we are waiting the launch of staking. I will update this guide later.
🔥 Important note: once staked, the NFT will be locked and no actions (level up, transfer, unstaking etc.) can be taken until further notice.
Firstly you need to swap your SUI to iSUI (ika staked SUI) here. You can choose any amount of SUI to swap. More iSUI you have, more points of rating (ink droplets) you get for locking iSUI.
Then come back to site with pre-mainet tasks and lock your iSUI (needed some SUI for gas)
🔥 Important note: for every 10 iSUI locked, you will earn 5 droplets a day.
Personally i locked about 18 iSUI, you can choose less amount just for completing of task.
Task 3: Use your Squid Keys to unlock ink droplets. Earlier in this article i told about it. Firstly you randomly get keys (or you buy when here - very bad decision, bc it's overprice and very difficult to get reward). Then you burn them at site with tasks to get some reward.
🔥 Important note: these keys have a small chance to receive extra droplets ranging from 10 up to 10,000,000. But mostly users get only 1 ink droplet. It's even worse than casino. Low percent of drop.
Task 4: Pre-generate your first dWallet. You just have to sign the transaction. Needed some SUI for gas fee.
Task 5: Generate the first message to be signed by your dWallet. Not active now, will be available after staking NFT ⛔
Task 6,7,8: Submit Sui, EVM, Bitcoin Addresses for prize eligibility. Just submit your wallet addreses. Needed some SUI for gas fee
🔎 Summary: That's all about activities connected with IKA-CHAN NFT.
You can also complete tasks of IKA at talentum here and get some points (brilliants) which you can swap to squid key of IKA-chan NFT (very low percent of drop).
Also you can join IKA's server in Discord to get some roles (but bot which gives important role "Keeper of Tides" doesn't work at the moment)
I will update this article after updates in project. INFO actual to 02.04.2025
💗If you want to support me for this guide, just follow my account in X. https://x.com/cryptorafaa