ProLeague Founders Edition NFT FAQ & Next Steps
With the mint date coming up I’m sure everyone wants to know what’s next?
Before that; let us answer a few questions about the Upcoming Mint!
Mint Date & Times
February 18th, 2022 (Whitelist Mint then Public Mint)
United States: 12 PM PST (UTC-8)
United States: 3 PM EST (UTC-5)
Brazil: 5 PM (UTC-3)
London, UK: 8 PM GMT
Berlin, Germany: 9 PM (UTC+1)
Moscow, Russia: 11 PM (UTC+3)
February 19th, 2022
Dubai, United Arab Emirates: 12 AM (UTC+4)
Mumbai, India: 1:30 AM (UTC+5:30)
Singapore: 4 AM (UTC+8)
Beijing, China: 4 AM (UTC+8)
How many Founders Edition NFTs can we mint per wallet?
Unlimited. I thought long and hard on this subject. I’ve come to the conclusion that you should be able to buy as many as you want. The more you buy; the more rewards you reap.
How long with Early Supporters (Whitelist) minting last before going to Public mint?
How many Founders Edition NFTs will be minted?
5000 for Public
500 for ProLeague Treasury (These will be used for community partnerships & future collaborations with the community.)
When will minting close?
When the NFT sells out.
Right after the Founders Edition NFT sells out we will be doing the following:
- Start MVP development
- Start Private Investors round
So let’s dive into each one…
Immediately after our Founders Edition NFT sells out we will begin working on the MVP. Every week we will keep the community updated on the progress. We will engage with the Founders Edition NFT holders directly via discord to collect their feedback and ideas.
Private Investors Round
We locked in the price of the Founders Edition NFT at 1 SOL while Solana was trading at just over $200. The price of Solana now as I am writing this is just under $100. Since we are committed to keeping the price of the NFT at the original 1 SOL; we will need to start a Private Investors Round in order to fully develop the ProLeague platform beyond the MVP. This Private Investors Round will help us hire more developers and retain our UI/UX partners so that we can deliver a high-quality product at a faster pace. ProLeague plans to strategically pick our long-term Private Investors that will bring immediate value.
As soon as our Staking pages are ready to be pushed live we will allow holders of the Founders Edition NFT to begin staking to earn ProLeague tokens. We have allocated 10% of our overall token supply to the NFT holders. The staking period will last for a total of 12 months, which is longer than it will take for us to get the MVP released.
We will also be allowing people to stake as many Founders Edition NFTs if they want to stack the staking rewards.
We are actively talking to potential launchpads to host our IDO. We will keep everyone posted on this front and announce our launchpad partner at an appropriate future time.
Thank you all for reading! Will have more updates for you soon!
PS: Don’t forget to check out our AMA with Solana News on Monday, February 14th at 1 PM PST! | Solana News Tweet