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At Hdden Forms, we think offering products of the highest quality and keeping our community engaged just isn’t enough. A standard of excellence should be common practice for every business, and no praise should be given to any business for achieving such standards. For these reasons, we think that the key to offering real value to our customers is to share our upside and our success with them.
The invention of blockchain and its underlying technology has proven to be a gateway to a new type of economic value creation. Blockchains provide the operating system for a new type of token-based economy that allows for new business models in which customers are not only buyers, but they are members of an economy, and as such, they have a right to share the upside and decision-making process to protect their interests and those of the community (economy).
Web 3.0 Native Business Model
Each year, a limited-edition collection of physical objects (real-world assets) made of wood will be released and auctioned. Only 25 reproductions of each collection will ever be made, and each collection will be made up of 2 to 4 exclusive designs. Each design will be bundled into a utility token along with its digital counterparts: the metaverse and augmented reality versions. Owners can then redeem the physical and digital assets separately.
Our limited-edition designs will be offered exclusively to members of the Hdden Forms community. To be a member of the community, one must own a governance token, which not only allows access to the auction of the utility tokens, but just as important, it allows governance in the Hdden Forms DAO, a decentralized investment fund. Everybody willing to invest in the Hdden Forms economy is guaranteed a proportional share of the treasury of the Hdden Forms DAO, which includes fractional ownership of every Hdden Forms design that exists.
Own a
Governance
Token
That allows access to the
auction of Utility NFT’s
And governance in the
Hdden Forms DAO
Tokens 3
Tokens 4
DAO 2
(Company) 1
The 4
Components
of the Hdden
Forms Economy
DAO 2
Royalties
A 10% royalty will be set on every token for their sale in the secondary market. 50% of the royalties will be transferred automatically to the Hdden Forms DAO via a smart contract.
Token
Distribution
5% - Founders
5% - Allocated for team members
Governance Token
Price -
The token
prices will be set by
the community in 2
different auction
phases:
Phase ONE:
Direct
Sale
Phase.
- Start Date:
- Running Time:
- Starting Price:
- Price Drop:
- Price Drop Frequency:
- Max. Mint Allowed:
- TBA
- 24 hours
- TBA
- Price will drop by 0.05 ETH until
it reaches 0.15 ETH. - Every 20 minutes.
- 2 per wallet.
This phase has the purpose of kickstarting the Hdden Forms economy and to allow early members to mint at a fixed and lower price. In this phase, a maximum of XXXX tokens will be minted during a fixed period. If the maximum mint is reached before the set period, the second phase will kick in automatically.
Phase TWOPhase TWO:
Public
Daily Auction.
The day after the first phase ends, a regular auction will begin, in which only one token will be auctioned each day.
- Start Date:
- Running Time:
- Starting Price:
- Max. Mint Allowed:
- TBA
- Forever
- TBA
- No limit per wallet
This 2-phased approach has 3 definitive advantages:
Genuine and early community members are rewarded with lower prices.
Gas wars are diminished in phase 1 as demand is spread over a greater period and completely eradicated in phase 2.
It kickstarts the Hdden Forms economy