DuckSQUAD Guide and Expectations
Welcome to the DuckSQUAD, the best way to get involved with Solana projects in 2022!
First of all, happy new year to all ducks regardless of whether you are joining us for the first time with DuckSQUAD or you have been with us for a long time. We hope you had a great time with your family and that the markets have treated you well!
What is DuckSQUAD?
DuckSQUAD is a Solana-based NFT collection that provides access to a special private group where holders get the opportunity to invest in early-stage Solana projects.
There are two types of DuckSQUAD NFTs:
Ducks With “The Balloon”
These NFTs provide access to the private group and 5 allocation shares each. There is no limit to how many a single holder can hold. Access is provided once and allocation shares increase with each balloon NFT held by the wallet. Balloon NFT holders get access to both groups.
Ducks Without “The Balloon”
Extremely limited utility. Unless the holder also has a balloon NFT, they have no utility other than joining the social club. For balloon NFT holders these NFTs increase their allocation by 1 share each. There is no limit to how many non-balloon NFTs a wallet can hold, other than the natural limit.
Joining the private DuckSQUAD group
If you are the happy owner of a balloon-wielding DuckSQUAD NFT, you can immediately take action to join the private group. This is a temporary group as we get everything sorted out on our end and create the official deal flow and social club groups.
Please make sure that you have an active KYC registration with DuckSTARTER.
Engage with @DuckSQUAD_bot on Telegram and write “/start” and “/deal_flow”
Follow the instructions from the bot:
- It will ask for your ETH address.
- It will ask for a signature with the ETH address.
- It will ask for your Solana wallet address.
- It will ask you to make a small specific SOL transaction to your wallet.
- You will be verified and added to the group.
Enjoy! You are a part of the group and in the right place.
Joining the Social Group
Anybody that holds a DuckSQUAD NFT (with or without a balloon) can join a social club group intended exclusively for discussions.
To join the group, engage with @DuckSQUAD_bot and write “/start” followed by “/social_club”. You will need to provide your Solana Wallet address
How can I buy or sell DuckSQUAD NFTs?
MagicEden listed the DuckSQUAD NFT collection and you can interact with the marketplace here: https://www.magiceden.io/marketplace/ducksquad
What should I expect from DuckSQUAD?
Now that you are a part of the group, let’s talk about expectations.
One group will be a social club for all DuckSQUAD holders.
The second group will be the deal flow group where balloon NFT holders will be able to access investment opportunities for early-stage Solana projects.
Note: The currently available group is courtesy of the Only1 team to enable effective communications between Balloon NFT holders and DuckDAO. The other groups will be hosted by DuckDAO, using some of Only1’s bot implementation.
The first deal is expected to come through within the first two weeks from the publication of this article, together with the KYC system.
Not all of the NFTs that were planned were purchased. Since they weren’t minted they are effectively burned. We are still collecting the accurate number of NFTs in circulation and will be updating this article once we have the exact number of each NFT type and total allocation shares.
We are working behind the scenes to incorporate KYC features in the bot as they are necessary to ensure the long-term delivery of our services and safeguard the value of your NFTs.
You can get a head start by completing your KYC today with DuckSTARTER.
If you already have your KYC completed, then all is perfect.
KYC verification will involve registering an ETH address with the bot and performing a signature to prove ownership. The ETH address should be the same one you have provided in the KYC record with BlockPass.
Unfortunately, we have to restrict a few countries from participating in sales on the DuckSQUAD platform, because of stringent, excessive, and unclear regulations, or because of being embargoed on the global stage.
These countries will be restricted by default:
- United States of America
- People’s Republic of Korea
- South Sudan
- North Sudan
Other countries may also be restricted on a case-by-case basis, decided together with the projects we are working with.
Find Out More About DuckDAO🐥
DuckDAO is a community-backed digital asset incubator that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to fast-track their progress on the path to success.