seraph

The Seraph team remains committed to transparency by continuously sharing the latest developments with the community.
This update includes:
Distribution StructureRevenue Model TransitionBuyback Details – ABuyback Details – BLong-Term RoadmapClosing Remarks
Detailed breakdown as below

1/ $SERAPH Distribution Structure
Since launch, the Seraph team has firmly upheld a distribution philosophy of low centralization, high community participation.
📊 To date, a total of 59 million SERAPH tokens have been distributed to players through various channels including airdrops, seasonal rewards, and referral rebates.
Breakdown as follows:
2/ $SERAPH Revenue Model Shift: 100% of Token Shop Revenue Staked On-Chain
Starting from Season2, Seraph has fully discontinued USDT revenue distribution. All revenue from token sales and related income has been transitioned to $SERAPH-based settlement. This shift ensures that the game’s value no longer flows outward but is reinvested within the token ecosystem, creating a closed-loop model.
This strengthens the real utility of the token and also establishes a more sustainable value growth path for long-term holders.
🔒 Game-generated revenue from all seasons has been staked on-chain, locked for 1 year.

📍Staking Contract: https://bscscan.com/token/0xd6b48ccf41a62eb3891e58d0f006b19b01d50cca?a=0xfB341A7701CeDbcD47d238Bc800E95441Ea9D0Da

📍Staking Details
• S1: 808,140 $SERAPH
Lock Date: 2025-03-05
Lock Period: 1 year
Official Announcement: https://www.seraph.game/#/news/971
• S2: 5,247,670 $SERAPH
Lock Date: 2025-05-08
Lock Period: 1 year
Official Announcement: https://www.seraph.game/#/news/1079
• S3: 4,538,730 $SERAPH
Lock Date:2025-07-18
Lock Period: 1 year
Official Announcement: https://www.seraph.game/#/news/1249
📊 Total Staked to Date: 10,594,554 $SERAPH

3/ $SERAPH Buyback Execution Details – A
Following the price volatility on July 12, the Seraph team promptly launched a buyback plan of up to 5 million USDT in value to stabilize market sentiment.
Summary👇
📍Token Collection Address: https://bscscan.com/token/0xd6b48ccf41a62eb3891e58d0f006b19b01d50cca?a=0x00b18489cbbe7da1cb20716fc1211348a6133ecb
Period: July 12 – July 15
Total: 7,700,866 $SERAPH
1) On-chain DEX Buybacks
📍Buyback Address: https://bscscan.com/token/0xd6b48ccf41a62eb3891e58d0f006b19b01d50cca?a=0xcd4f680673306960edf1ff3de442121411c9055c
Buyback Summary:
As of July 15, a total of 164 on-chain buyback transactions were completed, spending approximately $310.4K USDT to acquire 2.53M $SERAPH.
2) CEX Buybacks
Multiple small-sized purchase orders were placed on centralized exchanges, followed by a few large withdrawals to the collection address. 
Breakdown as follows:
• 4,699,797 $SERAPH from Bybit Hot Wallet
https://bscscan.com/tx/0xeb50ab05eb12b5275e77d328ac127a3707129c8647c741a5133f7760095d25b5
https://bscscan.com/tx/0x7268cccc8c53f1921a14ad4731c381d1fd02157da601a9e8e109dbdc96e9a866
https://bscscan.com/tx/0x1b7fc69aa3608f4e33e28d63d5e3034105e2f5690978ac6b550c68ff6ce760bb

• 299,998 $SERAPH from MEXC Hot Wallet
https://bscscan.com/tx/0xc8830878a2d10f089341545e22fa37787233df01a0a0f13eff99f2fc1c97ee2a

• 165,636 $SERAPH from KuCoin Hot Wallet
https://bscscan.com/tx/0xc918e804f57a965e5c13e081f30b2c016921b0c63a646fbe0018cb55f069fd6f
https://bscscan.com/tx/0xc2bd6062094fef730e0ee473adeab763a55aec32fb5c57cb8eedd3c06cec920f

4/ $SERAPH Buyback Execution Details – B
Post-July 16
Buybacks have continued steadily on CEXs, with the impact clearly reflected in market performance. Further data will be disclosed if necessary.
Highlights:
✅ Sharp rebound on Binance Alpha, with a peak price increase of 56%
✅ Ranked among the top gainers on #BinanceAlpha, MEXC, KuCoin and LBank

5/ Seraph's Long-Term Roadmap
Seraph is committed to building a long-term, sustainable Web3 gaming ecosystem. Our focus goes beyond gameplay, we aim to strengthen the system’s closed-loop capabilities and long-term community sustainability.
Ongoing long-term initiatives include:
🧩 Introducing PVP gameplay and new NFT utilities
🔁 Optimizing token flow and value capture mechanisms
🛠 Launching on-chain governance and a customizable quest system
📢 Enhancing data transparency and visualization
Our core belief: Real value delivery outweighs short-term hype. Every design decision is made with one goal in mind—maximizing community benefit.

6/ Seraph is a "Play-to-Own" Web3 Gaming Experiment
From day one, Seraph has never been just a typical P2E game—it’s a community-driven, transparent, and continuously verifiable on-chain gaming system.
What we’re building is future-facing GameFi infrastructure, grounded in one core philosophy: 🎮 Play-to-Own. 
It’s not just about playing the game, it’s about owning its economy and direction.
In Seraph, players are more than just “users”; they are true builders, contributors, and beneficiaries.
• Every mechanism is designed to serve community interests
• All assets belong to players, not the platform
• Every change is recorded and verifiable on-chain
We welcome everyone who truly cares about Web3 gaming and collaborative communities to keep watching, contributing, and growing with us.
The journey is still long, thank you to every Builder for your trust and companionship.
Seraph Foundation