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Keynitiators

PALACE

Key Overview

Roadmap

Home
Keynitiators
PALACE
Key Overview
Roadmap

Home
Keynitiators
PALACE
Key Overview
Roadmap

The Keys to PALACE

The Keys represent the membership in The Key Society. Members benefit from various rights such as voting in the The Key Society DAO, first right of refusal for new commissioned artworks in PALACE, airdrops, and many more to be announced soon.

Key categories and attributes

Gold

Silver

Mint price 50 N

Voting rights 10

Voting rewards 0.5 N

Only available to Keynitiators.

Silver

Mint price 25 N

Voting rights 5

Voting rewards 0.25 N

Bronze

Silver

Bronze

Mint price 10 N

Voting rights 2

Voting rewards 0.1 N

Steel

Silver

Bronze

Mint price 2 N

Voting rights 1

Voting rewards 0.05 N

Key supply and burn-mint overview

1st phase - Initialisation

Gold Keys

Initial mint for 50 N.

Reserved for Keynitiators.

Silver Keys

Initial mint for 25 N

Bronze Keys

Initial min for 10 N

Steel Keys

100

Initial mint for 2 N.

Only released after all other Keys are minted, otherwise held in treasury.

2nd phase - Acceleration

Gold Keys

Gold Keys will be burned and Steel Keys will be minted with ratio 1:100.

Gold Key holders will be rewarded with 70 Steel Keys each.

270 Steel Keys will be public minted for 2 N each.

Silver Keys

Bronze Keys

Steel Keys

1'000

1st phase 100 supply + 900 new supply from Gold Key burn.

3rd Phase - Stabilisation

Silver Keys

Silver Keys will be burned and Steel Keys will be minted with ratio 1:100.

Silver Key holders will be rewarded with 30 Steel Keys each.

1'050 Steel Keys will be public minted for 2 N each.

Bronze Keys

Steel Keys

2'500

2nd phase 1'000 supply + 1'500 new supply from Silver Key burn.

4th Phase - Decentralisation

Bronze Keys

Bronze Keys will be burned and Steel Keys will be minted with ratio 1:100. Bronze Key holders will be rewarded with 10 Steel Keys each.

2'250 Steel Keys will be public minted for 2 N each.

Steel Keys

5'000

3rd phase 2'500 supply + 2'500 new supply from Bronze Key burn.

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