Roadmap
TL;DR Phase 1 ======= Release all of our social media accounts Release the art Release the website Marketing Phase 2 ======= Start the pre sale mint Start the public sale mint Phase 3 ======= Diversify the funds from the mint into several projects to earn yield Give the link to the wallet so that the holders can follow the wallet if they wish Phase 4 ======= Hold the first vote Commence with the first giveaway
About
WonderlandWizards is a collection of 5000 wizards on the Ethereum blockchain designed to bring holders rewards weekly. All funds from mint will be distributed into several different yield bearing tokens/projects to generate income for holders. 50% of the rewards generated will be given out so that the treasury can compound. WonderlandWizard holders will be giving the chance to vote weekly, in which they will be able to vote how many holders win the rewards for that respective week. For all those who want to know the ins and outs of WonderlandWizards we have curated this in-depth description: When creating WonderlandWizards we wanted to build an NFT that held intrinsic value via utility, while also maintaining a sustainable mechanism for growth, as we plan to be here for a very long time. This is why we went with the Ethereum blockchain despite the high gas fees. Although the gas fees are frustrating it seems as though NFTs that hold their value, live on the Ethereum blockchain.
FAQ
The minting process
The pre-sale mint will start at 0.02ETH and the public sale will be 0.05ETH. After all the NFTs have sold out we will distribute the funds into several different projects (we are open for suggestions) that have been thoroughly researched to make sure we maximize gains for the holders. The wallet address will be posted on Twitter and Discord for those who wish to keep track of the investments.
How does the giveaway work?
All the voting will be done off-chain to avoid any gas fees. All holders will be asked to verify their wallet on discord which will give you access to a ‘holders only’ channel. In the holders-only channel, we will run a vote every week so the holders can decide how many people are going to win the prize for that respective week. It could be the case that the profits generated are distributed evenly to all holders or it could be that one person wins.
How much will be given away?
Every week we will give away 50% of all profits generated so that the treasury can continue to compound, thus the amount given away each week will increase which in turn should increase the resell value of the NFT should someone ever want to sell it.
Does holding more wizards give you more chances?
Holding more wizards does give you more chances as we will run the numbers 1-5000 through a random number generator. Unfortunately, there is no way around this. For this reason, we have capped the amount you can mint at 10 per wallet.
What are the royalty fees?
There will be a 7% royalty fee on all purchases from the secondary market. 5% will go to the team and 2% will be given to charity. The charity will be chosen by the community and will be proven on-chain.
How many NFTs are there?
There are 5000 WonderlandWizards and there will only ever be 5000.
Investments
25% of the treasury will be delegated to staking $SPELL on abracadabra.money. The treasury will be generating 35% APR from $SPELL. 25% will be bridged to Avalanche and used to stake on Wonderland for 80000% APY. Another 50% will be used to make $STRONG nodes. Strong currently offers 0.1 $STRONG (currently around $50 at the time of writing) per node, every day. When you think about the fact that we could potentially make 30 nodes ($1500 a day) It isn’t hard to see how this could generate substantial rewards for holders and with compound interest, it is only going to get bigger and better. We also have a StonerApeClub NFT (0.22ETH or $600) ready to airdrop to a random holder. Can’t wait!