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I am a collection of 10,000 PFP (profile picture) style NFTs that will have different visual categories randomly applied at mint, creating a rarity system. (Same concept as all the other PFP projects).
This is where the ‘same concept as all others’ goes away.
Upon minting out, 50% of the mint funds will be split between $Matic, $Eth, $Cro and $One into staked pools. The Tokens Gained from the staking pools will be dispersed to Banker Bear holders, based on a weighted system against Rarity.
Additionally, 80% of all royalties fromOpensea will be added to the staking pools. (Opensea royalties will be set at the max of 10% for this reason)
Mint is 20 $Matic.
Mint is live now on the Home Page
Once the collection is minted out (all 10,000) that is when the funds will be deposited into the associated Coins for staking. Once the staking yields token gains and at least the first couple rounds are dispersed to the community, a Voting system will be created.
**Only Tokens GAINED from staking are distributed**
The Voting System, when created, will allow Verified Bear Holders to vote on numerous things. Some examples are:
- Compounding profits back into the stake pool
- Purchasing and holding (in the project wallet) a verified NFT of high caliber for speculative purposes (BAYC, Crypto Punks, etc..)
- Staking in different coins than the original 4.
The voting system will have a Counting Scheme of 1 vote weight per bear. (you own 100 bears, your vote counts as 100/10,000 | Own 1 bear… 1/10,000, etc..)
In order to ‘pass’ a vote, it will not be a simple 50% majority, but rather require a 75% majority
(based on votes cast at the end of the allotted time, which will be a minimum of 1 week to allow adequate time for all holders in all time zones to have enough time to review, research, and decide their vote)
If there becomes a time where the staking pools are equal to DOUBLE the initial token counts, a Community Vote will be created as to whether the Creator should remove the Initial 50% (token number based on initial conversion) and have the Staking pool be entirely Project owned funds.
Currently, the project is being designed, developed, and executed by One Person. (With assistance from moderators on social media as applicable).
This means that I bear the weight of the community in executing an honest project with everyone's best interests in mind.
Some of you may have heard my name around certain spaces before, I am the Friendly Neighborhood Doxxed Elf, or Mr. Elfman.
In the Real World, my name is A. Phillip Johnson. I am USA based, ex-military intelligence, possess 15 years of data analytics experience in the field and hold a M.S. in Cybersecurity and a B.S. in Information Sciences (Data Analytics - Python Focus). My LinkedIn is https://www.linkedin.com/in/allenphillipjohnson
- A PFP project that may, or may not, have additional benefits, depending on market conditions, as well as community votes.
Minting and receiving a Banker Bear fulfills the expectations and promises of the Creator.
A promise of a positive return, or ownership in the Project, in part or in whole.
Minting a Banker Bear yields a PFP NFT and is not to be considered a security or investment.
If you sell or trade away your Banker Bear, you are NOT entitled to any potential additional benefits, as they are 0x dependent.
As I stated, I am USA based, as well as being publicly doxxed.
Being publicly doxxed protects YOU in the instance of a rug pull, identifying me as a bad actor in the space and help me build trust in the Web3 Space.
This also means, due to the actions of government agencies, such as the SEC (and what they are trying to do to XRP, etc..)
I must set the expectations of the project in a manner that does not imply a guaranteed return.
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