All you need to know about our Genesis Mint
Dear frens, sers, hodlers and degens, we’re incredibly excited about our upcoming Genesis Mint on April 10. As so many projects are launching these days it becomes harder and harder to get ahold of all the relevant details around them. That’s why this article is a summary of the most important details about the Nifty Tailor Genesis Mint.
Essentials
Nifty Tailor offers a platform to create NFT Derivatives based on some of the most popular NFT profile picture collections, starting with Bored Apes and Mutant Apes. Holders of the original NFTs can use Nifty Tailor to add different outfits to their items and mint these as new NFTs. Below are the most relevant details (for more details visit the FAQ section on our website).
- Our Genesis Mint is limited to 2,500 items, at a price of 0.069 Eth each
- Max. 10 mint passes per bored/mutant ape can be minted, and max. 50 mint passes per wallet
- One derivative per mint pass can be created, the mint pass will be burned afterwards
Mechanics
Nifty Tailor wants to avoid hasty wardrobe decisions, so there are 2 events.
- Mint Pass Event: Connect your ape-holding wallet, and mint Nifty Tailor Mint Passes. These will later give access to the suit-up event.
- Suit-Up Event: Visit the Nifty Tailor Shop and use Mint Passes to customize and mint Derivatives out of the designs provided by great digital artists.
When a derivative is sold on the secondary market, the holder of the parent NFT at the time of sale earns royalties based on the sales price (for more details visit the FAQ section on our website).
Why mint?
In our opinion there are three major reasons that make our Genesis Collection a must-have for bored and mutant ape holders. Here they are!
And by the way, you also support the artists behind the mint with every purchase, as 20% of the total mint sales go directly to them. This is our way of supporting the community and rewarding those who contribute to it.
Smart Contracts
Providing a transparent and secure mint is the number one priority for us. That is why we have teamed up with the smart contract experts from Smart Token Labs as the official tech partner for the Genesis Mint (and beyond).
All smart contracts of the Nifty Tailor Genesis Mint have been shared publicly and can be seen here:
On top all contracts got verified by the independent audit company SECBIT Labs. Their audit report can be downloaded here (PDF format).
Ready, steady, mint!
Nifty Tailor, since its inception, has always been a place of fine tailoring and great designs. People have used Nifty Tailor to express emotions, make statements, appreciate the art or just up the aesthetics. With the excitement that even our ‘right-click-save experience’ has unleashed, it quickly became clear that this has to be something much greater than we first thought it would be.
Now is the time to take the next step by bringing Nifty Tailor onto the blockchain and making it, while still virtual, a very real thing. After months of development we’re pumped to kick off this new era and are thrilled about everyone who joins us on the journey!
kryptoragazzo, cryptopenks and the team at Nifty Tailor
