Final Countdown Contest
The Ible City NFT collection has many goals, but one of the highest priorities is distributing VEND to a dedicated group of core supporters. We also want to have as many people testing Trustible commit long-term to our vision and mission. Given our current stage in the collection, we have made several important announcements.
Introducing Series VI
First, we are releasing the final series, which links to a wholly unique plot of land. We are formally introducing Series VI: ALGO Black. We are launching this series on the Algorand network. This series will bring our mint to 12,000 Ible City out of the fixed 16,000 total. Ible City NFTs are cross-network fungible tokens, each having a claim to a unique plot of land in our virtual DAO ecosystem. This series will also be the last to have VEND bonus rewards tied to it for participation in testnet for our product Trustible.
Expanding Ible City
We have chosen to create fractional ownership opportunities of the remaining 4,000 Ible City NFT land claims. With over 60,000 people signed up for testnet, and many who spend a significant amount of energy participating in airdrops and giveaways to see a return for their time, we want to have a vehicle to help guide them towards long-term participation in our network.
Creating fractional ownership opportunities allows us to offer a city block (1/100th of an Ible City) or a building (1/1000th of an Ible City) at a small cost to the participant. While the holder receives a fraction of the rewards that a whole plot of land provides, this is still a meaningful way to connect with our project and, just as with Ible City, hold long-term as a way to gain rewards for support of the network. Creating fractions of Ible City will also help us to reach more blockchain networks and greatly increase the size of our community.
To build a stronger bond with our testing community, we will gift each participant a city block as an additional thank you. The gift and the messaging which goes along with it is a clear invitation to everyone that the network will continue to support those who partner and cooperate to help grow our ecosystem. We intend to build one of the premier utility NFT collections in web3. Creating fractions of our virtual land will help us scale this vision and become more inclusive.
Final Countdown Contest
With 4,000 unminted Ible City and the reality that not everyone who signed up for Ible City will participate, whether life gets in the way or they signed up with more than one email to try and beat our uID system to get more rewards (which can’t happen in our system) we are going to be well short of our goal to disperse 40M VEND tokens through testnet participation mainly if the current collections do not sell before the end of testnet which has already started.
We have chosen to go all in with our core group of supporters, who have shown that they clearly understand what we are doing and why we are doing it and want to make this their home in web3. With this in mind, we introduce the Final Countdown Contest. We are giving away 19M VEND tokens to the top 120 registrants on Trustible testnet. We will draw the final rankings three days after Series IV, V, and VI complete their sale or three days before the end of the testnet period. We will announce the confirmed date in advance so that everyone with Ible City NFTs can register and finalize their spot on the leaderboard. The prizes for this contest are as follows:
First place: 4M VEND
Second place: 3M VEND
Third place: 2M VEND
Fourth place: 1M VEND
5th — 12th: 900k, 800k, 700k, 600k, 500k, 400k, 300k, 200k VEND
13th — 20th: 100k VEND each
21st — 100th: 40k VEND each
101st — 120th: 30k VEND each
This contest is a massive statement of trust and belief in our core supporters. We look forward to this VEND becoming a strong anchor for our new network. We will have daily leaderboard announcements until the end of the event. We wish all participants the best of luck. See you in the city!
