Newsletter #14
Welcome to the fourteenth Megapont newsletter.
We are less than one week away from our most ambitious NFT drop. Every drop we have follows the same message there… We constantly learn and listen to feedback to ensure that each drop is better than the last.
This is just the beginning, as the experience continues to evolve and grow even after it has ended. With Kong Fu, you can be a part of a truly unique and immersive world that continues to captivate and entertain.
It is reasonable to assume that Megapont acts as a launchpad for the world that Steve is creating and could serve as a co-owner and technical partner if the launch is successful. This partnership would allow Megapont to be a part of a truly unique and exciting project while providing the support and expertise needed to ensure its success.
Kong Fu Mint Details
The price is set to 0.025eth currently, which equates to $31 at the time of writing, we will adjust this price accordingly on the day of mint, and 0.025eth is given as a max mint price for those preparing liquidity.
THERE IS NO ALLOWLIST.
There is no allowlist for the Kong Fu mint. The only preferential access is to MegaKongs NFT holders.
MegaKongs NFT holders will have 24 hours to claim their free NFTs before the supply falls into the publicly available supply.
You can still claim after 24 hours if the collection has yet to sell out. We advise folks to get the claim through as soon as possible to avoid disappointment.
The max supply for Kong Fu NFTs is 16,000. Or is it…
Kong Fu Content Release Schedule
We estimate that all three phases will be delivered around March 2023. We want this out as soon as possible. The team is large and expensive. Believe us. We want it out as soon as possible.
Phase 1
Phase 1 brings the first KongFu experience chapter. Seven scenes of varying interactivity focus on world-building, introducing some puzzle and discovery elements and establishing two main choices.
Your Kong and Scroll.
This also kicks off some of our character development out of the experience with short videos featuring voice-over introducing each character, kicking off shortly after mint.
Phase 2
Phase 2 kicks off with a dramatic montage. It continues to tell the story of your character and their development to defeat our protagonist.
We are sharing some early concept art not to give too much away.
Phase 2 will be more of the same, with an increase in quality in one specific area, animation. A talented animator joined the team late in the summer, which was too late to impact Phase 1. Expect to see the montage, in particular, take things to another level.
Phase 3
The NFT builder. This is where you build your NFT. The trait pool available to you comes from three places:
- Partner traits assigned to your NFT pool during mint
- Choices and discoveries made during Phase 1 and Phase 2
- A small element of randomness
Ascension…
This process opens at the same time as the NFT builder, it happens at the same place as the NFT builder.
require(tokenIds.length == 5, "Must ascend with 5 tokens");You need five tokens, and it is pretty epic.
Kong Fu Marketplace Trading
Eagle observers of the contract for KongFu will notice the following code:
/**
* @notice Sets the `transferPermitted` state variable to `true` if the
* contract has either minted out or one week has passed since the initial
* sale.
*/
function setTransferPermitted() public {
if (
totalSupply() == maxSupply ||
block.timestamp - mintTimestamp > 1 weeks
) {
transferPermitted = true;
}
}
function setApprovalForAll(address operator, bool approved)
public
override
{
require(transferPermitted, "Transfers are not permitted");
super.setApprovalForAll(operator, approved);
}
function approve(address operator, uint256 tokenId)
public
payable
override
{
require(transferPermitted, "Transfer is not permitted");
super.approve(operator, tokenId);
}What does this do, and why do you care?
KongFu NFTs will not be tradeable on marketplaces until they sell out or one week has passed since the sale began.
You can still transfer the NFTs and OTC trade them to hardware wallets. You will not be able to sell the token on OpenSea and most other popular marketplaces.
As a team, we see no good reason to enable the trading of a token on marketplaces that currently has a mintable supply. New collectors will mistakingly buy NFTs for many multiples of the mint price, unaware that a mintable supply still exists.
This is a pattern that the MagicEden launchpad uses for many of its launchpad NFT drops, and it makes a lot of sense.
Kong Fu Partner Traits
Partner traits are derived at the time of mint. If you own all partner NFTs and mint 100 Kong Fu NFTs, you will have 100 NFTs with partner traits. These traits carry over when transferred or the NFTs are sold via a marketplace.
We understand that several assets on our partner trait list are in cold storage and expensive. Therefore we will support Delegate.cash delegations.
Delegate does an excellent job of abstracting the complexities into a simple user interface, and you can find a setup guide on their website.
This entire process happens automatically but may take a few moments to reflect on your NFTs on OpenSea, the Kong Fu user interface is likely the fastest place to see the NFT metadata.
We are now able to confirm all partner traits.
The Bored Ape Yacht Club trippy fur trait is incredible, and our adaptation does an exceptional job at thematically fitting with Kong Fu.
We can’t wait for you to experience Kong Fu.
As a side note, everything in the experience is suitable for children, with no profanity or sexual elements. Kong Fu is the best first NFT you can introduce someone to, including younger individuals.
We strongly believe that our Discord should remain suitable for adults only. We will not moderate members should others bring their children into a place of social discourse for adults.
