🔰
HyperDegen ; Decentralizing the Future
  • 👋Welcome to our #10Degens Initiative.
  • Overview
    • 💡What we do
    • ✨Our #10Degens HYPC Series
    • ✨Series 3 & Ultimate 10% NFT Minting.
  • Product Guides
    • 📎Understanding our Project
    • 📪Where/When to Mint HYPC Series
    • 🖇️Links to our Hypercycle Nodes
  • 🤝Collabs
    • ⚛️BTC|GoldenPass
      • 🥷Acknowledgement to 10 Degens & OsmiumDAO
    • 🔓Securing our Hyper Degen's ( Lets Create our Multi-Sign´s )
Powered by GitBook
On this page
  • Project Overview
  • NFTs & Rewards
  • Reward Distribution
  • NFT Validity & Benefits
  1. Product Guides

Understanding our Project

Here is how our **HyperDegen** NFT work

PreviousSeries 3 & Ultimate 10% NFT Minting.NextWhere/When to Mint HYPC Series

Last updated 1 year ago

Project Overview

  • We will start with 20 full Parent Nodes . These initial Parent Nodes, which are already in tilling process, will be offered to our Partners & WL 10 Degens role members. These members will commence computation power immediately after the tilling process.

    We have secured a total of 20 Parent Nodes, Therefore, we are commencing with 20 full parent nodes after tilling. The 20 Parent Nodes will also be connected to HyperPG.

    However, as we progress and sell a significant portion of our project , we will have enough resources to pair for our selves the 20 parent nodes with the required HYPC tokens. This strategy allows us to strengthen our network, potentially increasing overall rewards for all participants as we continue to expand.

NFTs & Rewards

  • Three series of 200 NFTs each will be issued at a cost of 315 Adas each.

  • "To acquire a 10% HyperDegen, you'll need 3 NFTs (H, Y, P) at 315 ADA each, totalling 945 ADA, plus an additional 85 ADA for minting. This makes the total cost 1030 ADA."

  • Collecting one NFT from each series allows you to mint the 10% NFT.

  • The 10% NFT grants you 10% of rewards from the associated node

  • "If you mint 5 or more NFTs from each (H, Y, P - Series), you'll only need to send the NFTs when the 10% Mint is available. This way, you can save some ADA if you purchase 5 or more NFTs from each series."

.

Reward Distribution

  • '90% of the revenue is periodically distributed to the holders, while the remaining 10% is added to the vault. At the end of the 10-year project term, the value of the vault is disbursed to the holders. The periodic pay-outs start once the Nodes are connected and our pay-out system is operational .'

.

NFT Validity & Benefits

  • NFT holders receive periodic rewards based on the production of nodes.

  • NFTs have the potential to increase in value.

  • 100% of node profits go to NFT holders, ensuring a direct share in rewards.

  • NFTs have a validity period of 10 years.

  • After 10 years, NFTs are burned, and the accumulated in the vault is refunded to holders.

📎
Page cover image