My name is Paul Thomas, co-founder of Virtually Made, and I am presenting to you our proposal for creating a MIN-ADA-GREENS farm. With the ongoing support from a global community and the release of our token, $GREENS, we have raised our TVL on Minswap to over 700k ADA in just three months.
Please describe your project. What is it doing to improve Cardano?
Virtually Made is a decentralized entertainment company on the Cardano blockchain that provides various experiences through NFTs, comics, animations, music, games, and more.
Our first franchise is a CNFT collection, Veggiemates vs. Junkies, which combines a cynical sense of humor with unique, vibrant art. We intend to add unprecedented utility to the CNFT space by creating an interactive franchise that allows holders of our NFTs to own their entertainment.
We aim to build brands that can break beyond the crypto community and into the mainstream, thus captivating a larger audience and promoting blockchain adoption.
Our mission statement is to make the world a better place by producing content that enriches the lives of others. We grow our influence through engaging entertainment, community development, and blockchain-based utility.
What does the Token do? How many holders does it currently have?
$GREENS fuel the Virtually Made entertainment ecosystem.
With vetted tokenomics and a sustainable issuance rate, we plan to avoid token saturation and high downward volatility.
Total Supply: 210,000,000
$GREENS will be the backbone in various utility applications. They will bring forth a means of engagement that allows one to interact with their entertainment like never before.
We plan to accomplish this through the creation of:
- Token Staking
- NFT Staking
- On-chain games
- Franchise Pass
- Animations
- Music
- Autonomous Production Company
- User Generated Content
- Enterprise Entertainment Solutions
- Content Creator Tools
At the time of this writing there are 411 holders.
Why do you want a MIN Farm? How does the Minswap community benefit from offering a MIN Farm for your Token? Apart from the MIN Farm, will you add your own Token as incentives as well (Double Farm) If yes, how much?
Minswap is our community’s favorite DEX on Cardano, which is why they have rapidly increased our TVL on that site alone. Given a chance to transfer their GREENS/ADA LP tokens to a triple MIN-ADA-GREENS farm will benefit everyone with rewards and increased engagement.
How much circulating supply is there of your token? Please inform us briefly on your tokenomics, including the distribution and vesting schedule of the token (investors, team, yield farming, etc.)
Maximum Supply of 210,000,000 with following distribution:
Treasury - 63,000,000
NFT Staking - 36,750,000
Token Staking - 36.750,000
Liquidity Pair - 31,500,000
Private Funding - 31,500,000
Game - 10,500,000
Distribution Timeline: Ten Years
We’d like to request a Mouse Farm, in which we’ll contribute with 1,050,000 $Greens (0.5% of total supply) over a period of 6 months
Is your Project audited? By whom?
N/A
Should $GREENS have a Min Farm?
- Yes, in favor
- No, do not add this farm
0 voters