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ABOUTThe Node Squids are a collection of 7000 unique squids. They were created to help people that are trying to reach financial freedom, like you my fren.
But how are you gonna help us? Let me show you my fren… When you mint a Node Squid, you don’t just get the most awesome looking squid in this universe.. No no… With each Node Squid, you get lifetime access to the giveaway for many nodes. EVERY WEEK! The holders of Node Squids, will also have a chance to vote on many big decisions made throughout this project! |
TOKENOMICS
Lifetime ticket for giveaways1 Squid = 1 lifetime ticket to the weekly node giveaway
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Raising capitalOnce all 7,000 Squids are minted, the capital raised from minting will be distributed in various Node Projects.
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Weekly giveawayA weekly node giveaway will be held with the prizes coming from the rewards generated by our nodes.
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Compounding rewards50% of all rewards will be compounded, so the giveaway grows more and more each week!
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RARITY
All Node Squids are treated equally in our community, however
some Squids are more rare than others!
some Squids are more rare than others!
Reward Structure
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The mindsets that built this project are innovative and analytical, each creator saw the problem with other NaaG projects and decided to collaborate in order to build a more efficient compounding structure strategy.
The strategy that we have decided upon is a four week post mint compounding strategy. Our team has calculated that with a post mint four-week period where every reward is compounded, we can provide up to 40% more weekly emissions to our NFT holders than any other NaaG can promise.
Multiple compounding strategies were modeled to predict a plethora of scenarios in numerous different market conditions. This was all done in order to guarantee that the node squids will stand the test of time and continue its exponential growth until the project is able to pay out enough nodes to reward a majority of our holders weekly.
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Post Mint Fund Allocations:
First four weeks: 90% compounded, 10% team wallet
After first four weeks: 50% compounded, 40% weekly rewards, 10% team wallet
First four weeks: 90% compounded, 10% team wallet
After first four weeks: 50% compounded, 40% weekly rewards, 10% team wallet
Initial Investment
The first four core investments will be chosen based on many factors that will be analyzed critically and mathematically by our team. Though, the first four initial node investments will be voted on by our community, the whole team will assess the winners and make sure that they are the best possible investments with the lowest risk and highest rewards possible.
A few of the leading factors that will be assessed are:
A few of the leading factors that will be assessed are:
- The total run time for the project (investigating the future longevity of the project as well as the stability in order to understand whether the existence of the project has a nearing end).
- The status of team doxxing and KYC-ing, which we believe is important to build trust and transparency in the NAAS environment. This is not a requirement, however, we are aware of the dangers surrounding doxxing in decentralized finance, as well as how doing so may put families and careers at risk.
- The Rewards and price of the investment must have performed in a specified way in particular situations or over a particular period of time. In other words, we need to know that the bear market resistance (ability to withstand) has been statistically significant in the past compared to other projects as a whole.
- The goals and aspirations of the project have to be innovative and within reach, we have seen time and time again projects setting unrealistic goals which in turn caused them to fail. We need to be sure that the project can hit their goals in a timely manner and continue to push forth in the DeFi space.
Meet the Team
Squilliam FancysonThe richest squid in the ocean. Project manager and a twitter analytics specialist. Has worked with other projects controlling their twitters and has grown accounts successfully many times before. Medical school attendee and uses his critical mind to tweak this project to its full potential.
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CalamariA delicious appetizer... oh wait, our discord manager, has controlled many discords and is very keen to optimizing discords for community growth and success. Financial background which we utilize for specific math and strategies needed for success.
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Jimmy the SquidJust a lonely squid looking for some friends to ink around with. Extensive business background which is used to think through every move before it is made. Step forward thinker who analyzes every outcome of certain situations and adjusts based on foreseen outcomes.
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Jalberts the SquidThe brains behind the reward structure. Our famed mathematician, an MIT student currently studying a pure mathematics degree. Has statistically calculated our reward structure using optimized equations and complicated mathematical functions.
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Transparency and Trust:
Our team is adamant in establishing the utmost level of transparency and trust in our community. We have invested in many projects; we know that trust is very hard to gain and that it is also the most important part of any project’s success and longevity.
UoT:
We have been following the Union of Transparency (UoT) very closely and have decided that it is a very strong and reputable organization. Because of this, we are heavily considering applying to join.
KYC:
We are also considering a KYC as it has helped projects be transparent in the past and that is what we hope for.
Our team is adamant in establishing the utmost level of transparency and trust in our community. We have invested in many projects; we know that trust is very hard to gain and that it is also the most important part of any project’s success and longevity.
UoT:
We have been following the Union of Transparency (UoT) very closely and have decided that it is a very strong and reputable organization. Because of this, we are heavily considering applying to join.
KYC:
We are also considering a KYC as it has helped projects be transparent in the past and that is what we hope for.