Minting of Genesis NFTs
MINTING CURRENCY
For the initial NFT minting offering, the native currency of BscScan, BNB, is utilized. The contract is programmed to allow the use of USTD and the FLORK token, although this decision is something the team will evaluate at a later stage.
MINTING PRICE
Out of the total supply of 5,000 NFTs, initially, 8% will be minted for use in initial marketing strategies. The price for the remaining 92% will change each time 500 NFTs are minted, falling within the following ranges:
0 - 400
400 NFT
Marketing
401-500
100 NFT
0.1 BNB
501-1000
500 NFT
0.2 BNB
1001-1500
500 NFT
0.3 BNB
1501-2000
500 NFT
0.5 BNB
2001-2500
500 NFT
0.7 BNB
2501-3000
500 NFT
0.9 BNB
3001-3500
500 NFT
1 BNB
3501-4000
500 NFT
1.2 BNB
4001-4500
500 NFT
1.3 BNB
4501-5000
500 NFT
1.5 BNB
UTILIZATION OF FUNDS
The funds raised from the NFT sale are distributed into three parts, with the percentages outlined as follows:
Project development
30%
Marketing
30%
Liquidity Pool
40%
PROJECT DEVELOPMENT
The 30% allocated to this category is used for domain payments, hosting, and compensating programmers who will work on creating new platforms crucial for the growth of FLORK METAVERSE.
MARKETING
The 30% allocated to this area is utilized for paying influencers and marketing companies. Additionally, it is used for forming partnerships with centralized exchanges (CEX) to expand FLORK METAVERSE into other liquidity pools, access new markets, and elevate FLORK COIN to new heights.
LIQUIDITY POOL
The 40% allocated to this category is used to inject liquidity into the FLORK COIN token. The amount raised before the launch is directed towards initial liquidity, while from the amount raised after the launch, 50% is employed to create more LP tokens, and the other 50% is used for token repurchasing with the aim of gradually increasing its value.
MINT START DATE
The NFT MINT starts on November 30, 2023 at 2:00 am UTC on the official Genesis NFT STAKE and MINT platform.
NFT MINTING WEBSITE
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