Introduction — Royalties, Staking & $FLWRS
The FLWRS empire begins with SolClones. Through a combination of 100% Royalties & Staking to earn $FLWRS, we plan to build an ecosystem revolving around lifestyle, fashion, & FLWRS DAO. Once our Royalty Dividends are up and running, Clone staking will shortly follow. $FLWRS will have their own set of deflationary utility & uses.
⚡️ 100% Royalties
The royalties are allocated on a backend ledger that’s programmed to take a snapshot at the end of each day (11:59 PM CST). This snapshot is important to track the listing and sales volume activity to properly calculate every holder’s daily allocation. At the end of every week (7 days), a holder’s accumulated Royalty Dividend will be claimable on our website once their wallet containing at least 1 Clone is connected.
To incentivize minting, minters receive 100% of their Royalty Dividend through a 15% bonus per Clone, and non-minters that ONLY buy their Clone in a secondary marketplace will receive the base 85% Royalty Dividend per Clone.
Check out a projected breakdown ➡️ Royalty Dividends
🏵️ Staking & FLWRS
By staking Genesis Clones, holders will yield $FLWRS that will be used to mint 2nd Gen. Minting Vials. Each Minting Vial will have 3 different DNA tiers costing an exponentially increasing amount of $FLWRS. These 2nd Gen. Clones will come with their own set of utilities within the FLWRS ecosystem. The ultimate vision of SolClones is to connect Web3 into the luxury fashion/lifestyle world. Imagine Yeezy, Supreme, Aimé Leon Dore, Off-White & many more lux streetwear/lifestyle brands connected ONLY through $FLWRS & SolClones.
📈 Growth
To maintain a steady flow of royalties from secondary sales, our number one objective throughout the life of SolClones is to drive innovation and growth using $FLWRS. Alongside a strong push for development, marketing will be another factor that we plan to heavily reinvest in.
Case study 1
(Disclaimer: This analysis is in NO WAY intended to put down or hurt the subject project. We deeply respect MMCC and their Team!)
Using the Meerkat Millionaire Country Club as our subject, we can see that over time royalty rewards alone prove to be unsustainable. Although MMCC has maintained a floor price above 2 SOL (as of Feb. 15), the tapering of daily volume has directly translated to lower royalty rewards.
This dataset alone is not an indicator of a project’s competence or success, however, the elephant in the room needs to be addressed… More utility & development is needed to fuel market demand.
Demand Demand Demand
We’ve seen lots of projects make the mistake of focusing too heavily on supply without taking into account the equal importance of demand. By making something artificially scarce, demand won’t necessarily follow. Demand comes from investor expectations of future growth & returns.
Case Study 2
Stoned Ape Crew is an amazing example that demonstrates the growth potential by implementing staking and their own native SPL token — $PUFF.
By implementing staking, supply and demand come into equilibrium as supply naturally becomes more scarce due to the incentives of staking to yield $PUFF.
The chart above shows a healthy growth of both assets in tandem. By constructing an ecosystem within the SAC-verse, $PUFF becomes a valuable commodity that increases demand for genesis Stoned Apes. The price of genesis Stoned Apes rise with demand, which increases the marginal trading volume of SAC.
SolClone & FLWRS Ecosystem 🌐
We believe by implementing a platform to stake Clones to yield $FLWRS, our growth trajectory will be massively improved. Genesis Clones will now be able to generate both $FLWR and 100% royalties. This drastically increases liquidity, demand & potential for future development within our ecosystem. Genesis Clones would help bootstrap funding for us to venture into development for our FLWRS MKT brand.
Read the $FLWRS Whitepaper ➡️ Coming soon…
Gen. 2 Minting Vials 🧪🧬
Shortly after we introduce staking and once $FLWRS becomes tradable to the public, our 2nd collection of Gen. 2 Clones will be released. We plan for a whole new style of artwork, not following the base of a Doodles NFT like Genesis Clones. This extends SolClones out of being labeled a derivative, into becoming our own style and brand.
Gen. 2 Minting Vials will be separated into 3 DNA tiers, similar to Bored Ape Yacht Club’s Mutant Serums (M1, M2, Mega). However, the only way to acquire Mint Vials is by purchasing with $FLWRS and MUST hold a Genesis Clone. Each Vial’s DNA tier will exponentially increase in price as well as the rarity among the Gen. 2 Clones.
Once Gen. 2 Clones are minted, they will be able to be staked for a higher $FLWRS yield — corresponding to their DNA tier (Rarer DNA = More $FLWRS yield).
👁️🗨️ FLWRS MKT — Brand Vision
FLWRS MKT will become a staple brand in the lifestyle, fashion & NFT scene. We plan on designing garments cut & sewn with high-quality blanks/materials. Raising capital through our initial mint of Gen. 1 Clones & the creator royalties raised from Gen. 2 Clones, we’re able to reinvest into building FLWRS MKT. We plan on leveraging the FLWRS MKT brand to push for influencer collaborations and market with exclusivity/scarcity. We believe that this combination will produce a highly desirable product only accessible with SolClones and $FLWRS, ultimately circling back to benefit Clone holders.
— Pablo le Fleur
