Mint Funds
Last updated
Last updated
Following the minting of the "Mobster Ape Alliance" NFT collection, we are excited to outline our transparent and purposeful plans for the utilization of the funds raised. We believe in creating a sustainable and rewarding ecosystem for our community members, while also nurturing the growth of the project itself.
Cabin Construction and Revenue Sharing: Upon reaching an EGLD value of $295, we will judiciously sell 60% of the funds raised. These funds will play a pivotal role in financing the construction of a cabin that aligns with the spirit of our project. A percentage of the revenue generated from renting out this cabin will be reinvested into the staking pool, ensuring a continuous flow of benefits to our dedicated supporters.
60% - Staking Pool and Holder Rewards: A significant portion of the funds, precisely 60%, will be staked into the Mobster DAO fund and the rewards will be distributed to the XOXNO staking pool. This strategic move aims to reward our dedicated holders, fostering a sense of engagement and long-term commitment within our community.
8% - Fueling Our Vision: Development We believe in the power of collective progress. That's why we've committed 8% of the funds generated from minting our NFTs to help turn our vision into reality. This allocation of minting funds is more than a financial strategy; it's a commitment to innovation and the continuous growth of our project. At Mobster Ape Alliance, we prioritize transparency above all else. Our commitment to transparency is the cornerstone of our project. We believe in an open and honest approach to every aspect of our journey, especially when it comes to development. 50% of royalties collected from secondary sales continues to grow the DAO, where the community suggests and votes. 9% - Top 40 Ranked NFTs: Prizes The top-ranked NFTs from our Mobster Ape Alliance collection will earn their share of the mobster fortune. Remember this: "When the collection is sold out, the prizes are handed out!"
3% - Staking Pool Fee: 3% of our minting income is allocated to cover the fees associated with creating a staking pool on the XOXNO platform, enhancing the opportunities for our community to participate in staking and earn rewards with ease.
20% - Supporting Founders' Efforts: We recognize the essential groundwork that goes into creating a collection, website, hosting, and domain. In acknowledgment of these efforts, 20% of the total mint revenue will be directed towards the founders' wallet.
In conclusion, the "Mobster Ape Alliance" project is built on a foundation of sustainability, community engagement, and responsible fund management. We are dedicated to maximizing the benefits for all participants and channeling resources toward both community rewards and the progression of our project. Your involvement is pivotal to our collective success, and we are excited to embark on this journey together. Mobster Ape Alliance - wallet address: Wallet address: https://explorer.multiversx.com/accounts/erd14rtm80r4nhrw9csa3xxm2pv2eeq4djy7mty6af08fgta xtfxgsdsjdyxhg xoxno - Creator address - https://explorer.multiversx.com/accounts/erd1qqqqqqqqqqqqqpgqyn7p8ehw67qzszauw2p2plhshyxrspteys5svw8pua