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RYUDAORYUDAOby0x0f10d9adb216dd27ed6b031106edFeFaB368277fryukaitempest.eth

Ryukai Tempest Mint

Voting ended about 4 years agoSucceeded

Today I am writing about what options are available if we are not able to fully mint the original amount.

First off minting the 3,578 Ryukai's was a big ask to begin with, the tides are constantly changing and we are prepared for it.

The project never needed to fully mint out, it was just a number that I personally thought was reasonable seeing the original demand for pixel based, and ERC20 yielding NFT project. But the timing wasn't quite there and many of these projects failed to even deliver a decent contract or an NFT that produces said ERC20.

We do not blame the market for being cautious with minting another NFT + ERC20 Token.

We will let our building speak for the market, we know what a lot of participants are here for "the tech".

We do not want to wait too long before revealing, with this in mind I am here to propose a couple of options in which route to take Ryukai Tempest.

1: Set Fusion Core address to gain trust, this will make it so early minters will be ahead of late minters in terms of $FZN acquired but hold off reveal till project full mints out.

2: Close mint and migrate to new contract with the genesis supply based on how many genesis Ryukai's are minted after the mint is closed. This means max supply count will be lowered, same with the baby count.

As much as possible we would like to avoid the second option since we already have Etherscan verified and it is a much more technical process for those new to NFT's.

If we go with the second option we will of course refund the gas cost for claiming the new contracts NFT's. We will also modify the collection so those who minted the original contract will get a different type of Ryukai, similar to Failed Experiments by KaijuKingz.

Off-Chain Vote

Option 1 (Refer to post)
95 80.5%
Option 2 (Refer to post)
23 19.5%
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Timeline

Dec 15, 2021Proposal created
Dec 15, 2021Proposal vote started
Dec 17, 2021Proposal vote ended
Oct 26, 2023Proposal updated