Protocol Mechanics

Below you will find a brief overview of the protocol mechanics and an introduction to the ecosystem in its beginning stages

  • In order to unlock the phase 3 (Forming the Band) of the protocol a participant must hold at least one each of each asset category. IE: One Guitarist, One Drummer, One Bassist, One Vocalist.

  • A participant will also need to hold at least one each of the instruments. IE: One Guitar, One Drum (or Drum Kit), One Bass and One Microphone.

  • Obtaining these in the proper numbers can be done either by minting or by acquisition on NFTrade.com which our marketplace on Avalanche Chain.

  • Game Theory regarding holding of assets: There is a gain potential to buy and hold various assets due to the escalating mint cost. Example: You minted during presale for $80 and the mint is currently at #520. The base minting cost has already increased to $120 allowing you to potentially sell your unwanted NFTs for a 50% profit. Some participants enjoy minting for the sake of potentially getting higher rarity assets. Others simply want to get the task done and are willing to purchase the needed assets on the secondary market.

  • Additional details of the benefits of forming a band will be discussed at a later date.

  • *HINT: A full band will be required to access a portion of the elements scheduled for roll out in phase IV

  • Always Up is the mantra of this protocol and we strive to set up the potential for that to happen at every opportunity.

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