The Junkies NFT
We Are A Community With A Vision Of Providing Communities With Utilities That Promote Decentralization & Efficiency.
What We Do
Have You Ever Wanted To Make A Change & Get Your Voice Heard ?
At Junkies DAO We Will Manage To Get A Steady Flow Of Royalties Which Will Be Used To Develop Utilities, Give Back To Our Community & Invest Into Developing Technologies That Aim To Promote The Blockchain.
Our Community Wallet Will Also Be Used To Donate To Rehabilitation Centers From Time To Time To Help People Get Away From The Evils Of This Beautiful World.
We Believe That The NFT World Is Rich With Undiscovered Value, We Are At A Very Early Stage & There Are Many Opportunities To Solve Issues That Are Being Faced Within This Space.We Believe That The Future Of Projects Is Not By What Their Art Is, However With What They Can Provide. As NFTs Stick Around Longer, People Will Be More Knowledgeable Around The Topic & Will Get Attracted Resulting In A Bigger Total Market Cap.By Providing Solutions & Investing Into The Right Areas, We Will Be Able To Benefit Our Community, As Well As Establish Our Name In The Community To Attract More Knowledgable Individuals & Get Them On Our Mission As Well.With The Help Of Our Community We Are Able To Get Their Vote On What Issues Should Have More Attention.For This Reason We Are Putting In Ongoing Efforts To Create A Community Of Like Minded Individuals From Reputable Backgrounds.
Whitepaper V1.2
What is an NFT?
An NFT is a digital asset that represents real-world objects like art, music, in-game items and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.
What is a DAO?
A decentralized autonomous organization (DAO), also known as a decentralized autonomous corporation (DAC), is a transparent organization with laws encoded as a computer program that is governed by its members and not influenced by a central government. A blockchain is used to keep track of a DAO's financial transactions and program regulations. This sort of corporate organization's exact legal status is unknown.
ABSTRACTWhy Solana?
The Junkies are respawning to dominate the Solana blockchain. But how?Because of its performance, low gas prices, and close-knit community, the Junkies chose the The Junkies utilities explained in detail.
Solana blockchain.
777JUNKIES
Why should you own a Junkie?
A lot of effort was put in the artwork itself on the other hand, we are offering buyback + weekly passive income till we create our staking system. Our path is set, and every member of this team is WHITEPAPER 1.2.
dedicated to give the junkies the real value that they deserve.What is an NFT?
An NFT is a digital asset that represents real-world objects like art, music, in-game items, and videos. They are bought and sold online, frequently with cryptocurrency, and they are generally encoded with the same underlying software as many cryptos.What is a DAO?
A decentralized autonomous organization (DAO), also known as a decentralized autonomous corporation (DAC), is a transparent organization with laws encoded as a computer program that is governed by its members and not influenced by a central government. A blockchain is used to keep track of a DAO's financial transactions and program regulations. This sort of corporate organization's exact legal status is unknown.Why Solana?
Because of its performance, low gas prices, and close-knit community, the Junkies chose the Solana blockchain.Why should you own a Junkie?
A lot of effort was put in the artwork itself; We are offering buyback + weekly passive income till we create our staking system. Our path is set, and every member of this team is dedicated to give the junkies the real value that they deserve.1JunkieDAO Wallet is funded by:
%50 of the mint funds.
%70 of the secondary sales royalties. (the royalties will be around 8..)How will the JunkieDAO Funds will be spent:
- Rewarding of Alpha Junkie’s. (1.0)
- Junkies buy-back (2.0)Roles explained briefly:
JunkieDAO = holder of 1. (Can access alpha channels etc. Does not have the permission to type in the Alpha channels. However, they can freely type in the holder chats.)
JunkieDAO+ = holder of 2. (Can access & type in the alpha channels.)
Alpha Junkie = Whitelist hunter.Phases:
There are 3 Main Phases ahead for the junkies:
1. Alpha Junkie Phase (Whitepaper 1.0)
2. Junkie buy-back Phase (Whitepaper 2.0)
3. Gen 2 Junkies (Whitepaper 3.0)2
Alpha Junkie Phase (1.0)
What is an Alpha Junkie?
It is an Alpha Junkie which hunts for whitelist spots & collaborations with other projects and gets back sol in return.
How to be an Alpha Junkie?
Be active & positive in the alpha channels. You will be eligible to fill in the form. Maximum 3 people can be an Alpha Junkie. So, if one of the Alpha Junkies is busy or non-active, they will be replaced with another Alpha Junkie too give us the real value the Junkies deserve.How does the system work?
Alpha Junkies will find other upcoming projects and will make whitelist collaborations with them. This is a way to give the Junkies the attention they need. These people who finished the job will get a special role for participating, we will do special giveaways & notify them early about our plans. Normally, the people who hunt for whitelists only gets a spot. However, we are changing that with rewarding our alpha junkies with sol each week. In these channels the Junkies will try to find upcoming projects.For an Alpha Junkie to get his weekly SOL reward it must pass through a public voting along with the team members voting. If an Alpha Junkie fails to meet the criteria, no rewards will be given to that person.
The Payments are sent weekly.
There will be 3 channels created for them to post whitelist spots for holders. It does not matter if it is FCFS or through a giveaway and there will be a channel where all the voting will happen for the projects that the Alpha Junkies are hunting for. The votes will stay for 24 hours, then it will pass or fail. If it passes, they can post it in the Alpha-Junkie they were allocated in.
The channels will look like this:
#Alpha-voting = Voting will happen in this channel for the upcoming projects
#Alpha-Junkie 1 = The person who has the role ‘Alpha Junkie 1’ will post the projects here. #Alpha-Junkie 2 = The person who has the role ‘Alpha Junkie 2’ will post the projects here. #Alpha-Junkie 3 = The person who has the role ‘Alpha Junkie 3’ will post the projects here.
3
We will be providing the templates for each Alpha Junkie keep the channels neat.
After the 6th day of each week the channels will be close and will be examined for 24 hours before the pay-outs are distributed.
Schedule:
Days in a week:
Monday-Saturday (Alpha’s working)
Sunday (Alpha Junkies will be re-picked if needed & rewards will be given after the voting.)
Rewards:
Alpha Junkie 1 = 1 SOL
Alpha Junkie 2 = 1 SOL
Alpha Junkie 3 = 1 SOL
Total 3 SOL’s will be distributed per week. This number can change according to total secondary sales.
With all these rewards, we are aiming to give the Junkies lots of whitelist spots and early-access to upcoming projects. These rewards are distributed weekly as mentioned.
- How long is Phase 1.0?
This phase was designed to build up funds for the buy-back phase which is our next phase. This phase will be active till we start our phase 2.0.4
Junkies buy-back Phase (2.0)
Important points:
1- This phase will start after the Alpha Junkie season ends.
2- After the Alpha Junkie phase ends. The junkies will gain back value with Junkies buy-back. At the end of each week minimum amount of ‘’x’’ sol will be airdropped to holders. This is a way for the junkies to earn profits from what they have minted. So as our calculations in the worst case the people who minted will get back their Junkies cost in approximately in ‘’x’’ weeks. After that it counts as profit.
3- A date will be given after the Alpha Junkie Phase is over. A random snapshot will be taken after the Alpha Junkie utility ends. The total pool will be calculated. However, the airdrops seem to be done weekly.
4- The percentages were calculated according to the mint price so the buy-back is efficiently benefiting holders.
Formula:
Total supply is: 777
x = %50 of the mint funds will be sent to the JunkieDAO community wallet.
x – (Alpha junkie rewards) = X
Y = %70 of the secondary sales will be sent to the JunkieDAO community wallet. (%70 secondary sales total) – tax = Y
In this case the treasury will have:
X + Y = TOTAL TREASURY.
Total treasury / Total holder number = Total SOL pp.
Total SOL pp. / 4 weeks = Weekly airdrop pp. (Full payback in 2-3 weeks estimated.)5
Gen2 Junkie (Whitepaper 3.0)
X number of Junkies in total will open for mint. These will be Gen2 Junkies. In this phase you are going to see us adding staking & creating our own tokenomics. In the staking phase OG Junkies will have 2x more income opportunities than the GEN2 Junkies. We have already started discussing the tokenomics and we are in contact with some staking systems so that we can provide the best for the Junkie holders. The reason we are not doing staking; There are lots of projects doing tokenomics however, the success is rate is still too low. We believe in this project, and we are here for the long term. We already made a deal with a couple of developers to set- up the staking system. However, we are trying to make the system work efficiently, not temporally. We decided that we needed more supply for a healthier staking system. That’s the reason we are taking steady steps towards this phase. The 1st and the 2nd phase are here to pay-back the early-comers and give them a huge advantage over everyone while we proceed to phase 3.Gen2 Junkies will bring you:
- Healthy tokenomics system for the junkies.
- Staking. (OG Junkies 2x staking benefits)
- In the first month, %100 of the secondary sales is going to be donated to a drug addiction fighting charity chosen by the community.
- More utilities TBA.
The Team
Contact Us
You Can Contact Us In These Ways :- Message Us On Our Twitter @777Junkies- Join Our Discord & Open A Support Ticket