Mint - Raffle
The Mint will commence on a date to be announced.
NFT Supply: 2,500
Raffle Cost: 0.01 (NON-REFUNDABLE)
Allocation of Mint Funds: 100% of the funds from the mint will be allocated to the liquidity pool, with a hard cap of 100 SOL.
Trade Window
NFTs will be tradeable for 5 days starting from the moment the raffle concludes. During this period, participants can:
Purchase an NFT to receive an allocation.
Accumulate more NFTs to increase their percentage of allocation in the vesting contract.
Sell their allocation, thus regaining liquidity.
Royalties
NFTs will have a 10% royalty fee. 100% of the royalties received will be allocated to the LP, with a combined hard cap of 100 SOL from both the mint and royaltie*. Five days following the trading period, a snapshot will be taken, and a vesting contract will be established using Streamflow.
*Any funds raised over 100 SOL will be allocated to a Marketing Wallet.
FAQ
There is no limit to the number of NFTs one can hold.
We are utilizing a raffle system to ensure fair allocation without bias from team members, and to prevent bots from minting a large percentage of the supply.
The NFTs have no intrinsic value outside of the allocation from the vesting contract, and trading them is based purely on speculation.
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