ok.let's.ape. NFT Information
Launch Date
The reason for the soft/hard deadlines is primarily because of the holiday. We want to ensure the NFT release is done correctly, effectively, and has all aspects including technical details, utility, and marketing in place to make it successful.
Soft: 2021-12-30 (90% possibility)
Hard: 2022-01-06 (99.9%)
Mint Price
$210.34 USD = $420.69 / 2
10 max NFTs per wallet
Mint Location
https://oklg.io
Release Tranches (5k total NFTs per chain)
Tranche timelines are TBD, but will likely be every two weeks or monthly.
- Tranche 1: 1k
- Tranche 2: 1k
- Tranche 3: 1k
- Tranche 4: 1k
- Tranche 5: 1k
Raise Allocation
- 25% community rewards
- 25% buyback OKLG and burn (over several weeks)
- 40% marketing & R&D
- 10% treasury investment (3-6 month minimum runway) ($Metis, $TIME, $FLOKI, community vote, etc.)
Initial Utility
The rewards boost utility is structured to try and support holders of all position sizes with the understanding that currently there are a number of smaller holders who can't realize meaningful rewards because of gas fees. While it's tough to have a perfect solution, we feel this makes the most sense for everyone.
There will also be future utility like OKLG product usage discounts among other things, but will be announced later:
Rewards Boost
- 0-15M OKLG balance: 50% rewards boost per NFT, up to 300% max (1 NFT = 50% boost, 2 NFTs = 100% boost, 3 NFTs = 150% boost, etc.)
- 15-80M OKLG balance: 25% rewards boost per NFT, up to 200% max (1 NFT = 25% boost, 2 NFTs = 50% boost, 3 NFTs = 75% boost, etc.)
- 80M+ OKLG balance: 15% rewards boost per NFT, up to 150% max (1 NFT = 15% boost, 2 NFTs = 30% boost, 3 NFTs = 45% boost, etc.)
Fee Exclusion
- If >=5 NFTs are owned, new OKLG positions (those with <100,000 OKLG balance at the time of trading) can buy OKLG with no taxes incurred.
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