WADE Friends & Family:
CRIPCO’s much-anticipated first NFT project
CRIPCO is finally launching its first NFT project, ‘WADE F&F NFT’ on Solana’s top NFT marketplace Magic Eden’s Launchpad. ‘WADE F&F’ is a membership based NFT project that utilizes the virtual artist WADE IP, created by CRIPCO’s DAO key members IPX and KB LEE. As a DJ and producer, WADE is a skateboarding and surfing enthusiast who loves fashion and music, and has garnered attention for his selection as the first virtual model for ‘SAINT Mxxxxxx (SAINT MICHAEL)’. A total of 2,100 ‘WADE F&F’ membership NFTs will be minted.
One outstanding feature of the ‘WADE F&F’ project is that it is being promoted in partnership with Magic Eden, the leading NFT marketplace on Solana. Magic Eden has seen over USD 2 billion in transactions traded across its secondary market and has attracted a company valuation of USD 1.6 billion for its rapid growth. The Magic Eden Launchpad, where ‘WADE F&F’ will launch, vets all launchpad projects and only accepts qualified projects. This was the case with ‘Okay Bears’, which is now one of the most successful projects in the Solana NFT space.
‘WADE F&F’ is also unique in that it presents a new and differentiated roadmap and vision following the recent shift from PFP NFTs to community-based membership NFT projects offering benefits including airdrops and IRL events. WADE F&F Membership holders receive exclusive and diverse benefits including limited-edition music, collectible NFT airdrops, invitations to private offline events, and the privilege to reserve collaboration products in advance. In particular, with IPX on board as a key member of CRIPCO’s DAO and strategic business partner, CRIPCO will continue to introduce IPX’s original IP-based NFTs such as WADE PFP, and OOZ & mates.
Members can enjoy collaborations in the real world and the metaverse from CRIPCO DAO members such as KB LEE, Fujiwara Hiroshi and Edison Chen as well as Grammy-award winning James Fauntleroy. The ‘WADE F&F’ project aims to be a bold game changer in the NFT space by transcending the features and benefits of notable Web3 projects such as ‘PROOF’ in the collective NFT space, ‘RTFKT’ in the metafashion space and ‘BAYC’, one of the most recognizable Web3 IP.
‘WADE F&F’ NFT differs from these renown projects in several different ways. First, ‘WADE F&F’ is based on a virtual influencer/DJ who reflects his creativity in diverse fields such as fashion, music and subculture. Also, just like any recent successful NFT project, ‘WADE F&F’ is strongly community-based, but it differs from others in that it is built from CRIPCO’s DAO, a solid community aimed to lead the Web 3.0 music and fashion culture. CRIPCO’s DAO also includes IPX, who is more than willing to utilize its industry-leading network of brands and influencers for collaboration opportunities for WADE.
‘WADE F&F’ also paid particular attention to its membership benefits, which include airdrop and launchpad benefits for upcoming NFT projects, and early access and limited giveaways for collaborated brand products and digital goods. Diverse NFTs ranging from virtual fashion NFT collaborations with decorated brands, PFP projects using IPX’s original IP lineups, and both digital and physical vinyl toys produced by industry leading artists are planned to be airdropped or given early access to members owning ‘WADE F&F’ NFTs. In addition, members will be invited to various events including IRL parties and parties hosted by fashion brands, and will be given either early access to or exclusive deals on limited edition fashion items and music tracks.
Both ‘BAYC’ and ‘RTFKT’ have well over 10,000 members holding their NFTs, whereas ‘PROOF’ only has 1,000. ‘WADE F&F’ recognized that 10,000 was too big of a number to realize all of the intended membership benefits, yet 1,000 was too small to construct a strong community that will lead Web 3.0 music and fashion culture. Hence, 2,100 total ‘WADE F&F’ NFTs will be minted, and the distribution of these NFTs in the initial minting phase is as follows:
Get CRIPCO’s stories in your inbox
Join Medium for free to get updates from this writer.
[Amount, Distribution Type]
[210, Team Distribution]
[840, Priority Distribution: WL A] Guaranteed WADE NFT Mint Allocations. CRIPCO and Magic Eden will jointly select WL A via various events, hand-picked slots, and partnership-based events.
[900, Normal Distribution: WL B] Competition-based WL Bs will be distributed, which will be more than 900 in total. WL B holders can mint WADE NFTs on the minting day in an FCFS method. CRIPCO and Magic Eden will jointly select WL B via various events, hand-picked slots, and partnership-based events.
[50, 10000 IP3 Verification Distribution] Those who verify holding 10,000 IP3s in their wallets at Magic Eden can purchase a WL spot in an FCFS method.
[100, IP3 Public Sale distribution] Pay 10,000 IP3 + WADE Mint Price at Magic Eden in an FCFS method => Those who have successfully purchased through this method will be refunded 10,000 IP3 within a week
