THE GUILDMASTER NFT PUBLIC SALE WILL TAKE PLACE ON TUESDAY JULY 5TH AT 5PM EST (NEW YORK TIME) — THE PRICE WILL BE THE EQUIVALENT OF $1750 IN ETH ON THE DAY MINT (WE’RE PRICING IN USD DUE TO THE ETH VOLATILITY), LIMIT 1 PER WALLET, MAX SUPPLY IS 100, AVAILABLE SUPPLY (INCLUDING WHITELIST) WILL BE 96
THE GUILDMASTER NFT PUBLIC SALE WILL TAKE PLACE TOWARD THE END OF JUNE, 2022 — THE PRICE WILL BE THE EQUIVALENT OF $1750 IN ETH ON THE DAY MINT (WE’RE PRICING IN USD DUE TO THE ETH VOLATILITY), LIMIT 1 PER WALLET, MAX SUPPLY IS 100, AVAILABLE SUPPLY (INCLUDING WHITELIST) WILL BE 96
How do I get on the whitelist?
Because the quantity is so low, there’s no official circulating whitelist. However, messaging Caesar in the AFG Discord server with your ETH wallet address will get you a spot on the whitelist.
What are the benefits?
The Guild will make money every month through the treasury in phase one and through both the vault and the treasury in phase two. Guild profit is made by acquiring game assets and either selling them at a profit later, collecting token or NFT dividends produced by the assets, or renting the assets. Below is overview of how these profits are distributed.
Profit Distribution During Phase One: The First 20 Months
30% of Treasury profits derived from asset sales and dividends produced by assets are distributed to Guildmasters on a monthly basis for the first 20 months.
Another 30% is reinvested into new assets that have passed our process of selection timeless test. The remaining 40% is reinvested (through a buyback pair) back into AFT liquidity, liquidity which the Treasury passively earns from through swap fees. Phase 1 officially begins when the first Guildmaster NFT is sold. Voting officially begins when all 100 Guildmaster NFTs are minted into circulation.
In Phase Two: The Next 20 Months and Beyond
After 20 months have passed, phase two becomes active and the Vault will begin to produce rental income for the guild through the Ape Fun Arcade. Powered by the Ape Fun Token that we’ve been stabilizing through liquidity adds. At this point our monthly allocation of AFT has been exhausted and we will lock the liquidity pairs we do have. At this time the Banana Kingdom will be getting close to open access. Once Open Access is achieved, 2% of Banana Kingdom profits will be sent to the treasury every month. We’ll also be adding liquidity to the games 6 base tokens. In short, phase two brings 3 additional passive income sources to the treasury; arcade rental income, banana kingdom income and swap/trading fee income (see below).
In phase two 20% of Treasury and Vault profits derived from asset sales, rentals, dividends and passive income sources are distributed to Guildmasters on a monthly basis. The remaining 80% is used to purchase additional assets (50%), fund development and maintenance of the Arcade (18%) and add liquidity to the games 6 base tokens (12%, across all 5 tokens) Banana, Wood, Ore, Bone, Hyde and Shard. Which will net us additional passive income, from trading and swap fees. As was the case with our AFT liquidity adds.