ChainZoku ๐Ÿ‘น๐Ÿฉน Profile picture
May 27 โ€ข 10 tweets โ€ข 3 min read Twitter logo Read on Twitter
On Friday, we posted a very important update about the minting process.

The reactions on Discord were positive across the board!

๐—ช๐—ฒ ๐—น๐—ถ๐˜€๐˜๐—ฒ๐—ป๐—ฒ๐—ฑ, ๐˜„๐—ฒ ๐—ฎ๐—ฑ๐—ฎ๐—ฝ๐˜๐—ฒ๐—ฑ, ๐˜„๐—ฒ ๐—ฝ๐—ถ๐˜ƒ๐—ผ๐˜๐—ฒ๐—ฑ.

Want to know what happened? A quick recap below ๐Ÿงตโฌ‡๏ธ

(1/10) Image
๐—ช๐—ฒ ๐—ต๐—ฒ๐—ฎ๐—ฟ๐—ฑ ๐˜๐—ต๐—ฒ ๐—ณ๐—ฒ๐—ฒ๐—ฑ๐—ฏ๐—ฎ๐—ฐ๐—ธ.

- The announced supply is too ambitious to sell in this market

- Ending mint with a public sale makes the WL lose value

So, how do we tackle this? ๐Ÿค”

(2/10)
Here's the plan โคต๏ธ

- Phase 1๏ธโƒฃ: Whitelist only.

Whitelist mints will define the initial circulating supply, which cannot be over 5.5k.

This way, early supporters get rewarded in many ways.

How, you may ask? ๐Ÿ‘‡

(3/10)
As early holders, you get to:

โ–ถ๏ธ Stack up on goens
โ–ถ๏ธ Gain early access to: gear shop, daily quests/rewards, physical goods, exclusive airdrops.

Many of these day-one grails won't be available later.

So now, what about phase 2? ๐Ÿ‘‡

(4/10)
Phase 2๏ธโƒฃ: the remaining supply will be sold as a limited public auction, in small increments, starting 6 weeks after reveal (end of ARC 1).

The total supply will remain 7878.

How do auctions work and why is it better for holders?

Let's see ๐Ÿ‘€

(5/10)
๐Ÿ‘‰ Everyday, a handful of Zokus will be auctionned. They can't be bought for lower than mint price.

๐Ÿ‘‰ If they aren't sold, they will carry over until they're minted.

๐Ÿ‘‰ We WILL NOT be introducing new ones unless these have been sold.

Interesting, right? ๐Ÿ‘‡

(6/10)
This way, we make sure to find a balance between supply & demand.

Holders won't be diluted.

We, as a company and business, will bear the risk. Not the holders.

As it should be.

And now for a few closing words ๐Ÿ‘‡

(7/10)
We believe to have found a good, meaningful balance between price and supply.

It allows us to have a large community, and provides us with the funds and runway to keep building the present AND the future.

(8/10) Image
We intend to disrupt Web3, and want to be a meta-defining project.

ChainZoku is about innovating, first and foremost.

So why try to keep the same old recipes?

Let's switch it up, and make it better for the community!

(9/10)
Thanks for reading!

Please give this thread a like and a retweet, and see you on May 31st for the mint!

#ZokusAreComing

(10/10)

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More from @ChainZoku

May 29
๐Ÿšจ Mint is coming!

May 31st, 2:30PM UTC.

Open for 24 hours. Whitelist only.

Directly on chainzoku.io

What gets minted defines the initial supply.

See you in 2 days!

โžก๏ธQuick recap on Whitelists below ๐Ÿ‘‡

#ZokusAreComing

(1/8) Image
First, an overview of the different types of whitelists and what their perks are.

Every single box contains a "Ticket to Tลdai City".

More information in the next tweets โฌ‡๏ธ

(2/8) Image
About "Gimme the Loot!" boxes:

- Box opening will close 1 hour before mint starts, and will remain as such during the mint period.

- A snapshot will be taken 1 hour before mint starts.

- After that, boxes can be opened forever, always with 5 guaranteed rewards.

(3/8)
Read 8 tweets
May 29
โœจ THE ULTIMATE CHAINZOKU RECAP โœจ

First time hearing about ChainZoku?

Don't worry, we got you covered.

Ultimate recap below โฌ‡๏ธ

(1/15) Image
Everything ChainZoku is about, summed up in a 1-minute, ultra hype video.

Enjoy ๐Ÿ‘€

(2/15)
The story of ChainZoku takes places in Tลdai City.

Two clans oppose, the tech-savvy BosoZoku and the nature-bound OniZoku.

Deep dive into the lore: chainzoku.io/lore/



(3/15)
Read 15 tweets

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