$INK UTILITY TOKEN
"You gotta get your lazy ass Flowtys to work, kid." — Nobody
The essence of everything to come
We made it our life mission to integrate $INK into... *cough*... uff sorry there, seems I ate some bad influence for breakfast. However $INK is the paint with which we are designing our Flowtys brand's future. It will be necessary to claim future drops, gain access to exclusive artworks and a great tool to reward our most brilliant & active community members.
What do with $Ink ?
Some time in 2022.
To access pixel Metaverses. Q3 2022.
To access 3D Metaverses. Hopefully Q4 2022.
Rare VIP access card for exclusive drops.
Like tips for good memes or community help.
P2E Game Fuel
Whenever that may happen. Hopefully 2022/23.
Tokenomics & how to get $Ink
We designed $INK as utility token, to be rewarded & used by the Flowtys community. It is no security and has no economic value. But it is a great way to bind our Fam together and reward our diamond hands.
staked Flowty earns 5, 10, 15 or 20 $INK per day
staked Morphy & MLA NFT earns 2 $INK per day as well
NFTs staked in first week of launch get up to 100 $INK bonus
$INK will be distributed for Discord & Community Activity
of $INK stays with the team and future team members
of $INK is in the treasury for Community Rewards & Contests
of $INK can only be generated by staking Flowtys
of spent $INK dries & gets burned 🔥 rest is saved in treasury
a max cap of 500 M $INK tokens can ever be generated
Frequently Asked Questions
How exactly will $INK be used to claim future drops?
Future drops might be priced fully or partially (e.g. 50% of supply) in $INK token. So, let's say instead of 0.05 ETH you would be 50 $INK or so.
What is staking?
Staking is a way to earn $INK by holding Flowty NFT (or partner NFT). Technically you send NFT to a smart-contract and you can withdraw anytime. You earn $INK while your NFTs are in the smart-contract. Claiming can happen any time, and you pay Gas only.
What is the benefit of burning $INK?
Reducing supply will make $INK more scarce, which would allow us, for example, reduce the price of drops priced in $INK.
Can I sell a staked NFT?
No, staked NFTs are bound to the smart contract and cannot be listed for sale. In fact, it's recommended to first delist your NFTs before staking. Once staked, you have to first unstake it before you can put it up for sale.