Nitropad NFTs update

Nitropad
4 min readMar 19, 2023

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The long awaited time has arrived. We know most of you have been asking for a long time about the NitroPad NFTs, their utility, when could they be minted, etc. We have been hearing you and we have worked non-stop to make them a reality.

The NFTs are here ready to be minted. So lets deep dive into all the details you need to know to be ready for the minting coming soon, really soon.

In this post we would like to cover:

The collection

NFT Utility

Minting details

How to get WL (free mint)

The Collection

The team has been sharing loads of sneak peeks in our socials during the last weeks. We know you know what they look like but, do you know all the details?

It will be a small collection of just 1,500 NFTs based on a dog comic style drawing. Traits will go from background, to body, head, ears, mouth, eyes and accessories.

We don’t want to list them all here, as we would like you to find them by yourself during the mint proces. However, this is a collage with a varity of examples:

NFT Utility

The team will continuously work to bring more utility to the NFTs as we grow, but to start with, the NFT will bring an additional Quest Multiplier of x1.1.

For now, and in order to keep the rewards schedule sustainable over time, the Quest Multiplier will be x1.1 regardless of the amount of NFTs you hold.

However, as stated above, we will bring benefits for those whales holding several NFTs as special roles in Discord (i.e. “NFT Whale”) with access to new “Inner Circle” channel where the team will bring the most updated Alpha prior to announcing it to the wider community.

NFT Minting Details

As you already know from previous posts, the team has been working with the new DApp feature: MaaS (Minting as a Service), which enables Nitropad not only to provide a token launchpad but also a NFT Minting platform for any external project.

As always, the team wants to test each feature with internal projects or benefits for the community, so we are taking the advantage the MaaS is now ready and integrated in the DApp to launch our own NFT Collection, and prove it is Ready for Purpose and Ready for Use.

Straight to the point, these are all the details you should know:

Minting Date: Monday 27th of March at 11pm UTC

Total Supply: 1,500 NFTs

Minting Price: 0.01 $ETH

The first 24h of minting will be only for WL and wallets with a free mint. Once this first phase is over, all the remaining NFTs will be available for anyone to mint on a FCFS approach.

Any WL or free mint wallet that has not minted during phase 1 will still be able to do so, but you may be left behind if the collection is minted out.

Funds raised from the NFT mint will be distributed as follows:

  • 30% to the NFT Designer
  • 70% for Nitropad Treasury to invest in the protocol, upon community voting, i.e:

Marketing: Use funds for paid announcements, NPAD details in Dexscreener, CMC listing, and so on.

NPAD LP: Provide additional liquidity to the LP and strenghten the token.

Nitropad Treasury: For any future action required to grow the protocol

How to be WL (free mint)

Nitropad community first. Always.

NPAD and sNPAD Holders

Those of you holding either NPAD or sNPAD will automatically be WL for a free mint based on the amount you hold:

$NPAD: You will get 1 free mint for each 1,000 $NPAD you hold in your wallet.

$sNPAD: In order to incentivise the staking of $NPAD, we will lower the requirement for $sNPAD. So, for each 500 $sNPAD you also get 1 free mint

For instance, if you are holding 2,500 $NPAD and staked 2,000 $sNPAD you will be getting:

  • 2 free mints for your $NPAD
  • 4 free mint for your $sNPAD
  • Total free mints: 6.

Do you want more free mints? Buy and/or Stake your $NPADs!

Discord OG Roles

We also want to thank all of you who have been with us from the very early days at Burnitrum, so we are opening 30 OG roles in a FCFS approach, starting on Monday 20th at 2pm UTC.

You can claim your OG role as long as:

  • You already have the “NPAD Staker” role in Discord, granting you are a true Nitropadder.
  • There are available remaining claims in crew3 (30)

Those of you who have the OG role will also have a free mint.

Crew3 TOP5

A third option to get a free mint is to end in the crew3 TOP5 Leaderboard at time of snapshot: Friday 24th of March at 23:59.

We will be launching a Crew3 Sprint on Monday 20th at 2pm UTC running until time of snapshot detailed above.

Wrapping up! The team is excited about this mint and looking forward to see what you have minted.

The Nitropad NFT will not only be a direct benefit for NPAD holders as explained in this post, but also prove the MaaS is ready to use for any NFT Project, and we already have 1 NFT Collection confirmed, and we are in discussions with another potential partnership, so stay tuned!!

The Nitropad Team

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Nitropad
Nitropad

Written by Nitropad

Nitropad is a launchpad, accelerator & incubator in Arbitrum

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