Sad Kitten NFT. Start The Journey

SadKittenNFT
5 min readMar 25, 2022

Sad Kittens collection consists of 3333 NFTs of Kittens and you can use each of them to earn $ad Coins.

You can have 10 $ad Coins for each day of keeping Sad Kitten NFT. And later you can burn $ad coins to find amazing Treasures Boxes.

The Journey of Sad Kitten

We’ve made our $ad Coins to have fun and to earn money. That’s why we need a special place where you can use your Coins to find Boxes and open boxes with extra new NFTs, earn even more $ad Coins, and win some other prizes.

To make any Coin valuable the demand is needed. Thereby our team created The Journey.

Sad Kitten NFTs holders have to burn $ad Coins to join The Journey. You need to join the Journey to have a chance to win more $ad coins. Also you can burn $ad Coins to have an ability to upgrade your character or have some cool weapon to earn $ad Coins faster. You can sell your weapon on secondary markets.

Regarding all this, the team wanted to create a $ad Coin stock that is strong enough, but not that difficult so wanderers won’t lose their interest.

1234 Treasure Boxes with weapons and $ad Coins are spread across all the Kitten Space awaiting the holder to find them. Finding the Boxes is quite not easy. You have to burn 100 $ad Coins to enter The Journey and start searching for the Treasure Boxes. There is a base chance of 10% for the extraction and it could be increased with more items used in Character Weapon. After the extraction, you will have 30 days before the Box hatch.

The team set the fair price of 100 $adS for each Journey with presumably 120 days to extract the Box, not including the use of items. The team also made possible the secondary trading of weapons that you can find in the Box to allow the Sad Kitten NFTs holders to sell their Kittens and their weapons in secondary markets if they do not wish to take part in Journey.

Kitten Weapon

There is a weapon for the Kitten collected from all of the Kitten Space. Weapons help the Kittens to search for the Boxes. The Weapon can be burned before the Journey to single-boost the rates of extraction. The Weapon will have three levels with boosts characteristics. The weapon will be minted with varying $ad Coins costs based on the level Also you can find rare weapons in the Boxes. The weapon will also be available in the secondary marketplaces to buy and sell. See the infographics of the costs and boosts for each level.

$adS Coin Supply

The total Supply for the Sad Kitten NFT will be 4.000.000 $ad Coins with 75% for staking, 15% for LP incentives, 10% for reserves.

Phases of release

  • Parts of the total supply will be released by phases
  • Total 5 phases
  • The first phase is 1,000,000 $ad Coins
  • 75% (750,000) goes for staking
  • 15% (150,000) goes for LP incentives
  • 10% (100,000) goes for reserves

Total $adS Coin Supply will be released gradually. The Total circulating Supply is the amount of Supply released per phase. There will be 5 phases of releases. A phase consists of presumably 750.000 $ad Coins. The first phase consists of 1.000.000 $ad Coins with the same distribution as in Total Supply.

Phase 1 Coin Supply distribution

We are sure that it is important to use XP levels to secure the rarity which is an important advantage in the secondary market. We are doing that not only for our project but for each of our holders.

Each Character will be provided with utility value traits. All released Characters will be assigned with the level varying from Little Kitten to Old Cat (1–7).

The XP level affects the number of $ad Coins the Character is able to gain for the holder.

Coinomics of the Project

The first solution is the usage of inverse exponential staking rewards where rewards start at a fast speed but slow down in the growth and intensity to the end.

Although, as rewards are arranged it becomes difficult to alter the rates without changing the mechanics of the project.

The idea is to release a fraction of the Total Supply gradually by phases. By doing so, each release can be modified, values customized without worrying about the exhaustion of Total Coin Supply. Thus our team can control all $ad emissions and burn mechanics with every release.

During the first phase, the team will release 1,000,000 Coins with a runway of 90 days. 75% will go for staking rewards. 15% will go for liquidity pool incentives, 10% will go for reserves. The Total number of Coins rewarded via staking will be 750,000. The team will burn 90% of that number (675,000) in The Journey. The Journey and item costs and staking rewards are based on this number.

Staking

Use your Kitten to enter the Kitten Space. We can give you permission to earn $ad Coins if you’re in our community of Sad Kitten NFT that’s why you need to be a holder of our NFT.

You can collect all the Kittens back anytime with no minimum staking duration.

Finally

The team is very delighted to present the project that we’ve been working on during the last few months.

We are really fans of Kittens and want everyone to feel needed. That’s why we decided to make this project.

We understand that community is the best part of NFT but we want our project to make Sad Kitten NFTs holders happy and wealthy.

We tried very hard to make your experience joyful and enticing. And this is only the beginning. Follow us for the future projects that are soon to be announced.

--

--