Distribution
This subpage shows the initial distribution of Inception Arks, out of which the Potentials have unlocked after months of trading.
Last updated
This subpage shows the initial distribution of Inception Arks, out of which the Potentials have unlocked after months of trading.
Last updated
The total supply is 1000 Inception Arks - 198 each of 5 different Inception Ark types (classes) and 10 each of 1 special type (Ne-Yon):
The team distributed whitelists in various ways, to multiple communities. Each whitelisted person was required to complete forms allowing rigorous checks to be completed. Over a thousand people, from dozens of different chains have signed up, and the purchasing was primarily done via Ethereum, Moonbeam, and Exosama networks. All funds from the 690 NFTs sold via whitelists were collected in stablecoins, while 100 were sold in $SAMA via a public sale on Raresama - the biggest NFT marketplace in the Polkadot ecosystem. The whitelist and public sale price was $175. The 10 Ne-Yons were auctioned off and sold for up to $8,000 per NFT.
All of the proceeds of the whitelist sale went to charity; more specifically to fund service trips in partnership with Lions Club International which guarantees (due to their unique model as the largest service organization in the world, with >1.4M people paying membership fees, and with proof for every service trip) that 100% of the funds are given directly to people in need and not to "logistical costs". The DeGenerous community is able to decide on where every single cent goes, plan the service trip with Lions, as well as attend it.
The remaining funds, including what's raised from the Ne-Yon auctions are being used to fund development.