Holder's benefits / FAQ

Why should you mint Gladiaxy NFT now?

  • To join and grow a community of mindful people worldwide, we want to help people who feel lost in the materialistic capitalist society to find a purpose in their life and live peacefully by supporting each other with the help of mindfulness training, gamification, and A.I.

  • To support our team to build an anonymous social status system to help people connect without reveling their real-world identity

  • To receive the share revenue profit from our future products and services such as battle arena card, private space, and future sub-NFT and derivative projects

  • If you are interested in joining an indie-game company from day one and put your signature in our developing history record to be seen by the later generation

  • If you want to add a utility to your, currently hold NFT. The private space and our future game will have a feature to add more utility and value to your existing NFT on Optimism and probably for ETH Mainnet as well.

  • To support one of the first native Optimism NFT project, deployed the smart contract before Optimism opened the flood gate (Dec-13-2021) https://optimistic.etherscan.io/tx/0xf3c0f24fea0da4689da7d2dda877c028d4c5dcdd3a4faa644fc8a260ba7074ea

Some FAQ relating to the benefits

Question 1;

There are 10,000 NFT to be minted, I don't think it's gonna be sold out... maybe I'll wait until...

Answer

The first reason why we decided to create a 10,000 project is that we believe that our future product will be used by more than 10,000 people, we want people who join later still have a chance to get an NFT at a reasonable price. We will reward people who join early with a fair reward and we will launch a sub-NFT project for people who love speculation on a secondary market.

The second reason is, that we are building a long-term project, probably more than ten years from now on. Even though everyone is quitting, I Utu as the first founder of this project will still do this project because this is a project that I've always wanted to do for more than ten years alone, but could not be done without the help of web3 technology. Therefore I believe one day it will be sold out organically. The process of decentralizing the project and passing the project source code to the community should be done before I died, so 10,000 should be possible to achieve.

The third reason is, that we want people who mint or buy our NFT to buy it because they want to support the project or want to hold our NFT, not just to flip it in a short time. We don't want people to use our project as a Ponzi-scheme tool and end-up hurting people who really want to support or hold our NFT.

Question 2;

Why set the price as 0.01, isn't it expensive?

Answer

It depends on what you expect from 0.01 ETH, some of you who join later might not know that we have already reduced the price from 0.08 ETH to the current 0.01 ETH to make it more accessible. Our team consists of 5 members even though not all of us working on the project full-time, we really want to do this project full-time, so we expected that if we sold out we will receive 100ETH which will be used as our team salary of only 25% as you can see in the below chart, therefore we will receive our ETH only 100*0.25 = 25 then divide by 5 so each of us will receive only 5ETH.

The 50% will be saved for project development such as buying a game asset or hiring more people. The rest of the 25% will be used for community building and liquidity pool when we release a governance token. Please check our Medium for more detail about funding allocation https://medium.com/@gladiaxy/the-benefits-of-minting-gladiaxy-nft-before-the-public-sale-a15a773fc8d1

For 0.04 ETH, you could get a chance to get a share profit for our future product. You don't need to wait until we launch a real product or service, the upcoming sub-NFT project called Citizen will let you earn a share from a secondary sale on the marketplace. The detail of how much the holder will receive, we will reveal later after discussing with our current Gladiaxy NFT holder.

How we're gonna allocate our funds

Question 3;

Why not donate to a public good?

We like the idea of public goods and we are doing our project for public goods. We believe that if we build a good product, we will attract more people to Optimism Ethereum then there will be more capital moving to the ecosystem and end-up funding the public good projects in a direct and an indirect way.

The 25% of community building and liquidity pool is also available for a direct public good donation if our holder decides to use it that way. However, it might not be the most efficient way to use the fund.

The upcoming Citizen NFT free-mint project could be our first project dedicated to public good funding. We will ask our holders to vote how much percentage from the secondary sale they want to go to donation besides going back to their wallet. It could be 25%dev 25%holder 50% public good or whatever our community thinks is appropriate.

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