Genesis Collection NFT Details
Last updated
Last updated
The Genesis Collection in the JIBJIB ecosystem represents an exclusive array of NFTs crafted for early investors. This collection is designed to reward these initial supporters with a mining capability, enabling them to accrue JIBJIB tokens over time, thus fostering investment and engagement in the early stages of the project.
NFT Allocation in Genesis Collection:
The Genesis Collection supply is 400 pieces. These NFTs serve as a cornerstone of value within the JIBJIB ecosystem, representing a significant portion of the total mining capacity.
Vesting Period and Mining Power:
The vesting schedule for the Genesis Collection is carefully constructed to incentivize long-term holding and to provide a steady distribution of JIBJIB tokens within the market. Below is a detailed table of the mining power and EXP progression:
Level 1: Begins with an initial mining power of 800,000 JIBJIB per day. No JIBJIB is mined at this level as it represents the starting point.
Levels 2 to 7: Show an increase in mining power per day, reflecting the 20% growth per level and 40% growth at levels 6 and 7. The 'Days to Next LV' and 'EXP Needed' columns indicate the progression requirements, while the 'Cumulative JIBJIB Mined' column reflects the total JIBJIB mined by reaching the end of each level.
Level 7 Cap: The cumulative JIBJIB mined is capped at 1,250,000,000, aligning with the maximum mining capacity for Genesis Collection NFTs.
Mining Cap:
Each piece in the Genesis Collection is capable of mining up to 1,250,000,000 JIBJIB, ensuring that the investors can receive a substantial return on their early backing of the project.
Utility and Benefits:
Holders of the Genesis Collection NFTs enjoy exclusive benefits such as:
Priority access to new features and releases.
Governance rights within the JIBJIB ecosystem, allowing them to vote on key decisions.
Recognition as early adopters, potentially receiving future airdrops and special acknowledgments.
