What is BabyElon? BabyElon is a collection of 4,444 NFTs on the ethereum blockchain. They are inspired by the eco-system around Elon Musk and some were also directly inspired by viral photos, you might recognize some of them. What is the particularity of BabyElon? We are in a period where most projects are all about art.
Our designs are good and funny but that's not the main strength of our project. We are convinced that NFTs can have many uses and we are very admiring of what CyberKongz managed to do with their Genesis collection which allows its holders to earn more than $15,000 per month with a floor price of arround $300,000. We have taken inspiration from this collection and decided to improve on it.
How that works The BabyElon eco-system is composed of a $BabyElon token and 4,444 NFTs. When the token is released, new NFTs can be created if the token rises to a limit of 11,111 NFTs. The steps 1. Genesis Sale at 0.1 ETH for early members and pledges, genesis members will also get a part of the royalties if they follow the rules to get them 2. Presale at 0.15 ETH for people who earned their place in presale 3. Public sale at 0.2 ETH for everyone 4.
Token presale (explanation below) 5. Token release 6. Roadmap Token presale 4,444 NFTs will be sold before presale and will also give access to token presale. If you own NFT between #0 and #1110, you could buy the token and make a x10 at the release. If you own NFT between #1111 and #2221, you could buy the token and make a x5 at the release. If you own NFT between #2222 and #3332, you could buy the token and make a x3.3 at the release. If you own NFT between #3333 and #4443, you could buy the token and make a x2.2 at the release.
HOW COULD WE DOUBLE OUR FLOOR PRICE EVERY 15 DAYS We were mainly inspired by CyberKongz and based on their numbers, however we made sure that we could give passive income to the 11,111 NFTs and reduce their risk by dividing it by 4. (NFTs only available in $BabyElon that have not been purchased yet still generate passive income that is locked in and will belong to the next holder). What we were looking to do is to find a way to make the floor increase the value of the token. And that's why we added NFTs that are only purchasable in $BabyElon. The token will also follow the floor because the value of an NFT will also be defined in token.
The goal is to create a loop. The passive income increases the value of the NFT, the price of the token increases because the floor price increases, so the passive income increases again because token price increase, the floor price increases again, the passive income increases again, ... If you want to see the potential or better understand the project, it is essential to read the 2 PDFs below this post. What is the utility of $BabyElon? $BabyElon has many uses. 1. It allows you to get other NFTs 2. You can buy accessories to increase the number of tokens generated by your NFT 3. The $BabyElon token will be the token of the MemaVerse platform. A platform where influencers can easily upload their content and tokenize it 4. It will be used to buy future NFT 5. ... TO MARS ROADMAP:
Phase 1 = NFT Launch - NFT Sale - Listing Rarity Tools - Pre-Sales $BabyElon - 50'000 Discord Member Phase 2 = Token Launch - $BabyElon Launch - Listing CoinMarketCap - Listing CoinGecko - 100'000 Discord Members - AirDrop 3 Unique NFTs, 100ETH to random NFT holders - Get a Tweet from Elon Musk Phase 3 = Development and Giveaway - Charity Sale of 3 Unique NFTs - Giveaway of 5 Cybertruck or Model S - Merch for NFT Owner - BabyElon in The Sandbox - MemaVerse Release - Listing Main Exchange
