Udder Chaos: About to MOOn
If you’re here, you already know that Solana and Solana NFTs have infinite potential. Two of the biggest problems Solana currently faces are network stability and rugs/scams in NFTs. Our goal with Udder Chaos is to solve both of these issues using a sustainable business model that will operate for years to come.
Staking (dare I say “steaking”) will be implemented on day one to start rewarding those invested in the project. The staking liquidity pool will be funded by multiple different revenue streams to ensure that our token maintains a stable value. The liquidity pool will be funded by a percentage of secondary sale royalties, profits from our Solana validator, and Alpha Audits, our user-based review platform.
Alpha Audits: Review-to-Earn
We looked at the current NFT space and saw a lack of community feedback on projects, which is why we will be launching Alpha Audits. Similar to Google Reviews, Yelp, and Rotten Tomatoes, users will be able to review projects for additional rewards. For leaving quality reviews and providing helpful feedback, users can rank up and receive a higher % of staking rewards. To prevent review manipulation, reviews will cost a small amount of our token, all of which you will get back in 1 month if you provide an accurate review. Accounts choosing to try to manipulate reviews will have their reviews removed and will not get any tokens back. The primary source of revenue from Alpha Audits will be advertisements. There will be a few places for non-intrusive advertisements, as well as a few promoted slots where projects can pay to have their reviews featured. Revenue generated will be split among staked holders.
Instant and Sustainable Rewards
Udder Chaos will be operating a bare metal Solana validator. Validators are what keep the Solana blockchain running. They receive rewards in SOL for validating transactions and providing consensus. Each validator must stake SOL to earn SOL rewards. We will be contributing 7,000 SOL to initially fund our validator staking pool. The more SOL staked, the more earned, so we will continually be contributing SOL from royalties, revenue from Alpha Audits, all profits generated from third parties staking with us, and taking some profits from the validator and re-investing them. By re-investing in the validator, the amount holders earn will be continually rising via a positive feedback loop. Not only will your payouts increase, but so will the value of your NFT. As the amount earned from staking increases, demand for the NFT will also be increasing, raising the floor price.
An Accountable and Transparent Team
Jake has a background in game development and a B.Sc. He entered into NFTs and web3 when looking to expand into play-to-earn games. In game development, he has worked under some contracts for some notable companies such as Samsung, BBC Studios, Epic Games, Gen G e-sports, and Manticore Games. He decided to establish his own NFT after seeing a lack of utility and sustainable economics in a majority of NFTs being launched. You can see this past work on his personal twitter (https://twitter.com/bearioFN)
Yaz, being equal parts left and right-brained, completed an undergrad and masters in Bio-Medical Science before entering the NFT space. She has always had an interest in art and with downtime following graduation, she has been able to devote her attention to NFTs full-time. Through her experience with NFT community management, she has developed an appreciation for the importance of community to a successful project.
We understand that a doxxed team may be an important aspect of a project for some, and we have decided to be doxxed by Alder Mages. Not only that, but we already went ahead and got RadRugs certified. We will be getting another review from RadRugs closer to our mint, as a lot has changed since our last review. We are aiming to improve our RadRugs score to become one of the highest rated projects.
Bullish on Cows
Udder Chaos has all the utility you could ask for, fun art, and an active team that cares about their community. You can’t go wrong with this project. Hop in our Discord to get whitelisted and then tell everyone about it. Each new member added to our community makes a big difference. A project is only as strong as its community.
Links
If you have any questions about the project or the team, reach out to us either through Discord or Twitter. You can find more details on the project in the whitepaper below.
Whitepaper — https://docs.udderchaos.io/
Discord — https://discord.gg/udderchaos
Twitter — https://twitter.com/UdderChaosSOL
