# NFT Staking

NFT staking is a new way to earn passive income in the NFT world. It lets NFT holders lock their assets on NFTX platform to receive rewards. We offer NFT staking through NFTX platform, we are using NFTX as our staking pool and vault. All without the need to sell their NFT collections. This allows NFT holders to earn a passive income while giving up ownership of their NFTs. TWG works on a proof of stake. By utilizing comprehensive security methods and offering a Secure Asset Fund for users, TWG assures that users' money is protected (SAFU). At the time of writing, our staking technique is undoubtedly one of the safest and most environmentally friendly ways to make passive income.

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The platform uses a secure wallet and a double-checking method to stake all staked NFTs. The staking contract is written in a way that prevents inflation. When more people stake TWG NFT, the contract will automatically reduce the NFT it gives. As more people, especially institutional investors, recognize the NFT market's profitability and efficiency, staking is gradually becoming a method of obtaining passive income by simply staking or locking assets in a wallet.

By locking up NFTs on NFTX platform, you can receive rewards depending on the staking duration, and the number of NFTs staked. To participate in NFT staking, you first need to hold the NFTs on our linked crypto wallet. Then, you would have to send the NFTs to a staking contract and lock them for a certain period. Once the staking platform locks the NFTs, you start earning rewards. The reward system changes from one platform to another and depends on various factors.

Staking is helpful in NFTs since it provides incentives and passive revenue by staking NFTs. In a decentralized environment, staking an NFT and staking the pool is the most convenient option. TWG plans to establish a reward system and stakers will receive rewards in the form of passes, gifts, and in-game items. TWG plans to launch SLP tokens in the future for rewards to their stakers.


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