Why self-launch?
We have recently announced our target launch date of January 16, and have been working hard to prepare for a smooth launch, even if that means building our own minting/shop protocol and website. Here are some reasons that we have developed our own launch:
- Many existing launch pads are quite busy and do not have ample time to prepare a dedicated launch for our custom token standard. This includes the popular Toniq Labs/Entrepot route.
- We built a custom canister for our NFT, complete with accessory support, our own standard, customization, etc. This makes it more difficult to integrate with existing launch pads. It may not be worth the hassle to have to wrap our NFT or implement additional interfaces just to make it compatible with a launchpad. This could lead to a worse user experience. We want to support accessory interaction right out of the box, which would be easier if we self-launched. Then, users could immediately view, customize, and interact with their turtles!
How will the self-launch work?
The underlying launch mechanics will be similar to something like Entrepot. We will support the initial sale through the native ICP token. Even though the users will only need to click one button for the entire process, the below steps will be taken to receive your NFT:
- You click the mint button on our official website (which will be released shortly)
- An NFT will be reserved for you, guaranteeing that you will be able to obtain one.
- You will be requested to transfer ICP to the canister as payment
- After a successful transfer, the client will notify the canister automatically.
- The NFT will be transferred to you upon success.
Launch logistics
Like many other projects, we will likely use a tiered-sale system. The earlier NFTs will be cheaper and will increase as supply decreases. The exact start/end price of the NFTs has not been decided yet and will be finalized soon.
- Whitelisted members will have a 0.1 ICP discount on all stages of the sale.
- OG members will have a 0.1 ICP discount on all stages of the sale except the first batch. In the first (cheapest) batch, OGs will not have a discount.
At the moment, these benefits do not stack. All stages of the sale will be public. We are welcome to feedback regarding the above details.
After this initial launch, we will work to integrate with secondary markets to enable trading there!
Future applications
This initial sale platform will pave the way for many future Defi applications that we have planned for the ICTurtles community! In the future, we will likely improve the user experience by encouraging users to use WICP instead. Our launch platform will be key in upcoming passive income applications that we will deliver!
Much to come! 🐢
