We’re so excited to share the highly anticipated White Rabbit Chapter 4! This is our longest chapter thus far. Mirai and the fox are ready to make their big debut on July 24.
Before jumping into details, let’s have a quick reminder on what we’re all about at Shibuya:
Community will always be at the core of everything we do and remains the driving force behind all of our endeavors.
Content is king. We firmly believe in the power of highly curated quality content, as it caters to the need for compelling and timely narratives.
We persistently strive to redefine the possibilities of delivering web3 native content, ensuring that it captivates and resonates with our audience on a profound level.
With Chapter 4 dropping soon, we've introduced some exciting changes that will shape our future!
Let’s go down the rabbit hole…
New Chapter, New NFTs
Going forward, we will be shifting from ERC1155 producer passes to a single ERC721 NFT we’re referring to as Faction NFTs. We will still be offering the ERC1155 producers passes as a pure collectible for each chapter but Faction NFTs will serve as the basis for future interactive experiences. This change will allow us to build better interactive experiences without having to solely rely on hard staking mechanics. You can think of the faction NFTs as your membership pass throughout the entire White Rabbit ecosystem that:
Unlocks interactive experiences for all future chapters using a single NFT
Gives multipliers on $WRAB distributions
Receive differentiated artwork for each faction
Claim a free collectible White Rabbit Producer Pass for each new chapter
Allows for more gas efficient interactions with the series
Chapter 4 Mint Mechanics
Our focus as a team has always been on the community and that hasn’t changed with Chapter 4. This is why we have decided the Faction NFT will be a free airdrop to our core community who have been with us since the very beginning. Every eligible wallet as of the snapshot will receive 1 free faction NFT for each full set they hold (Chapter 1+2+3).
The snapshot will be conducted July 24th, 5PM EST. The Faction NFTs will be airdropped the day after the snapshot.
Example:
If you own (3) CH1, (3) CH2, and (3) CH3, you will receive (3) complimentary faction NFTs
You can also check out our website to see how many faction NFTs you are eligible for:
Shibuya | Factions NFT Checker
Each Faction NFT held will then allow you to claim a free CH4 producer pass. Reminder that producer passes are strictly collectibles as all future interactions will be tied to your ERC721 Faction NFT. When the claim is activated, you can simply head to shibuya.xyz, connect your wallet and you’ll see a “claim” section to claim your producer pass nft.
"The Faction NFT checker can be accessed here: https://www.shibuya.xyz/factions/check
The checker will take into account both staked and unstaked Producer Pass NFTs. Holders no longer need to “stake” Producer Passes to participate so you can un-stake all of your Producer Pass assets at this time."
$WRAB is back
We will be distributing $WRAB again for Chapter 4, but we’re reworking the distribution mechanics and the entire $WRAB framework. More details to come later!
But for now, here’s what you need to know:
Anyone who interacts with the Chapter 4 experience and sets up a profile on our website will have a chance at claiming some $WRAB
Faction NFT holders will get an outsized $WRAB claim compared to the general public
In other news -
Shibuya Collector Profile
We’ve made some changes to the collector profile. Once logged into your account, you will be able to link your socials and email as well as view all White Rabbit related assets (NFTs + $WRAB) tied to your account.
Going forward, your collector profile will serve as a central hub for our ecosystem as we continue to layer in additional experiences.
White Rabbit Key NFTs
If you won the lava game in CH3, hang onto your keys! These will be used to unlock an elevated experience in a future chapter 🔑