Introducing $DROPP: A New Age of Utility

Published on: 01.04.2022

DROPP is the first-ever NFT minting platform to work with renowned artists enabled by geo-minting technology Introduces $DROPP: A New Age of Utility. Creating and rewarding long-term holders and supporters of the DROPP platform.

Executive Summary:

  • The $DROPP Token empowers its holders with governance rights to vote on future IP collaborations, transactional fees of the DROPP protocol, and major network decisions.
  • $DROPP holders will gain access to highly exclusive curated NFT collections from the DROPP Launchpad.
  • The $DROPP Token will have many use cases for in-platform assets eg. curated NFTs (from the DROPP Launchpad), DROPP LAND, and much more.
  • The entire tokenomics of $DROPP is designed to create and reward long-term holders and believers of the DROPP platform.

$DROPP Utility: The Complete DROPP Experience

DROPP is entering a new generation within the metaverse space. The $DROPP Token is here to bring a new age of utility through multiple avenues of real use cases to ensure its holders will always have a reason to enjoy the DROPP platform.

 🔴 Governance Rights

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$DROPP empowers its holders with the ability to make crucial decisions together with the DROPP network about its future activities and initiatives. These will include (but are not limited to): future IP collaborations of the network, transactional fees of the DROPP protocol, and major network decisions. Simply put, by being a $DROPP holder and staking the token on the DROPP platform, users will be able to provide their opinions and exercise their voting rights to the network.

 🔴 Exclusive Access

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Exclusivity and being a part of something special is a key DROPP elements. $DROPP holders will have access to all the benefits relating to the most influential and reputable ecosystem partners from within the industry. Equally important, the holders of the $DROPP Token will have special access to DROPP Curated NFT Collections, granting the user priority rights to the traditional legacy brand and celebrity NFT Collections, as well as extravagant real-life events.

In-Platform Assets

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$DROPP holders will receive exclusive rewards for in-platform assets that range from a multitude of areas: DROPP LAND, Gallery Module add-ons, Airdrops/Campaigns from various partners within the ecosystem, and much more. The $DROPP Token will serve as the key enabler for gaining access to the best products and services the network has to offer. There will be major opportunities to utilize the $DROPP Token to the fullest by ensuring users are able to fully customize & maximize their experience in the DROPP ecosystem.

$DROPP Tokenomics: Creating & Rewarding Long-Term Holders

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Total Supply: 500,000,000 $DROPP Tokens

DISTRIBUTION SCHEDULE:

Seed Round: 1 year Cliff, 18 Month linear Vesting (Unlocked monthly)

Private Round: 9 month Cliff, 18 Month linear Vesting (Unlocked monthly)

Strategic Round: 7 month Cliff, 18 Month linear Vesting (Unlocked monthly)

Strategic Round II: 7 month Cliff, 18 Month linear Vesting (Unlocked monthly)

Public Round Distribution: 100% UNLOCKED

Advisory: 1 Year Cliff, 24 Month Linear Vesting

Team: 1 Year Cliff, 24 Month Linear Vesting

Liquidity: 2% Unlocked TGE. 24 Month Linear Vesting

Marketing: 1 month locked. 5% Release monthly

Treasury: 3% Unlocked TGE. 6 Month Cliff. 24 month Linear Vesting

Ecosystem Rewards: Based on Mining and Farming Initiatives

About DROPP

DROPP is the first-ever NFT minting platform to work with renowned artists enabled by geo-minting technology. Users can meet up in the designated location to mint the exclusive drops.

Website ♦ Twitter 

SOURCE

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