Sphynx Labs Weekly Update: June 4–10, 2022

The community saw an exciting and action packed week coming from the team of Sphynx Labs, where some major announcements were dropped.

First, Sphynx Labs became members of BlockchainNZ. BlockchainNZ is a collaboration of companies and individuals trying to make New Zealand a global leader in blockchain innovation. With Sphynx Labs joining BlockchainNZ, the team is eager to take critical steps toward becoming leaders in the crypto world by making the space safer for innovators and investors alike.

For more info on BlockchainNZ, click on the link to read the Medium article: https://sphynxlabs.medium.com/sphynx-labs-x-blockchainnz-958340ff9258

Second, Sphynx Labs continues to promote the new Sphynx Scions NFTs on the Cronos Network, which will be available later this week. During the Sphynx Cronos NFT Marketing push, the COO Doc did a couple of AMAs discussing the benefits and utilities of the new Scions Sphynx Scions. Holders will have first access to Whitelist places for any Tier 2 IDOs, and any Premier IDOs held on the CRO SphynxPad. They will also be able to gain Sphynx CRO by staking their NFTs. The amount of staked NFTs divided by the total number of NFTs staked in the pool, which will come out to 75,000 Sphynx per day, will yield claimable prizes for each holder. Sphynx Labs is also working on bringing more utilities to the Sphynx Scions, which will be unveiled soon. Only 2,083 Sphynx will be available.

Lastly, during the Sphynx Cronos Marketing push, Doc also addressed the new wallet and app and said that it is in its final stages before being released to the public pending a final test from Apple.

There is much more to come with Sphynx. Stay tuned for Sphynx’s Weekly Updates posted every Friday or be informed on the Sphynx Telegram, Twitter, and Instagram pages.

Thank you for reading, and have a great week!