Mint Details & Tokenomics
Minting soon!
Last updated
Minting soon!
Last updated
2'500 total starting supply
2'000 available for public to be minted at xADA each.
290 allocated to Core Team (this 280 will be staked, $DIME claimed will be used to mint new Gobelins or Gods and restaked. Will never be listed or sold).
210 allocated for marketing, operations and collaborations.
There is a 90% chance to reveal a Gobelin and a 10% chance to reveal a God.
After the initial 2500 NFTs have been minted at xADA, more Goblins and Gods can be minted, but only with $DIME.
After the first 2500 supply has been minted, players can stake their Goblins and Gods to earn $DIME.
For $DIME mints up to a total supply of 5,000, $DIME mints are priced along a linear bonding curve. From 5,000 mints onwards, $DIME price per new mint will be switched to a dynamic dutch auction pricing model based on historical pricing and existing demand. This means that the cost to mint a new NFT will be based on the current market demand and adjusted accordingly for the next day.
Here is a table illustrating the cost to mint a new NFT:
From Supply # | To Supply # | Cost to mint |
---|---|---|
This innovative DDAP pricing model will allow us to price the cost of a new NFT according to the latest market demand. P2Es are inherently flawed as you never know how the market will react to changes in the supply and demand of NFTs vs the changing supply of $DIME. By introducing the DDAP model, we are able to adjust accordingly to what the market wants.
This is how it works:
Last 24 hour # of mints / last 120 hour # of mints divide by 5) = % change in mint.
Next day $DIME mint price = previous day mint price x % change in mint
Daily % change is capped at 5% per day.
DDAP will start at a minimum floor of 60 $DIME. The minimum DDAP floor will increase by 1 $DIME every 24 hours.
Note: Team reserves the rights to make changes to the formulas to better adapt to moving market conditions.
$DIME is not a security. Its only use is purely within the Wealth War ecosystem as an in game currency.
A total of 10,000 $DIME will initially be minted for the sole purpose of bootstrapping the LP. Excess will be burned.
Team does not have any $DIME allocation. We do not have the intention nor future plans to ever mint or vest $DIME for the Team.
$DIME is a no tax token, 0% buy/sell/transfer tax.
0
2,500
x ADA
2,501
2,750
20 $DIME
2,751
3,000
24 $DIME
3,001
3,250
28 $DIME
3,251
3,500
32 $DIME
3,501
3,750
36 $DIME
3,751
4,000
40 $DIME
4,001
4,250
44 $DIME
4,251
4,500
48 $DIME
4,501
4,750
52 $DIME
4,751
5,000
56 $DIME
5,001
100,000
60 $DIME starting point into dynamic dutch auction pricing model