What is Powerful Dragons NFT?

What is it that we Dragons want to accomplish?

The Dragon founders genuinely believe that node protocols can change lives with passive income. Initially, it was started by our founder, Pahakurki, wanting to create a financial playground for creative minds and extend an opportunity for those less fortunate so they too can be a part of the ecosystem. We understand not everybody can afford to put their hard earned dollars into one asset, and holding a Powerful Dragon enables those to win one of these assets, as well as an entry to additional projects.

Mint Revenue Allocation:

Our current plan is to take 80% of the mint revenue and invest in different UoT node protocols.

  • 50% allocated to Powernode.io nodes for the rewards pool
  • 50% will be invested into various Union of Transparency (UoT) node protocols. Investment strategies are as follows: 20% allocated to $Thor, 20% allocated to $Hive, and 10% to high risk/reward opportunities. These investments would be allocated to the team for future salaries, expenses, and giveaways.
  • (Numbers are subject to change depending on the value of $Power)

Rewards Allocation:

We will use rewards being earned from Powernode.io pool (with 10% going to taxes and 10% for compounding) to pass out $Power equal to that of a node (ex. 100 Super Humans make 490 $Power/week resulting in being able to give out 8 Superhumans, and 4 Human Nodes EVERY. SINGLE. WEEK.)

Treasury Allocation:

We would split all treasury earnings to grow the project/team to develop further utility aside from being a “fancy giveaway tickets”. We will use the team treasury to cover node-related fees (monthly maintenance, gas, etc.), salaries, and advertising. The purpose of building the project treasury would be to have the funds needed to create merch, make any additional token purchases on significant dips, and have the funds to potentially… wait… I’m not supposed to disclose anymore. 😉

Wow, awesome! So… is there a White List???

TL;DR? Yes. We want to take a different approach to this White List than most projects. We will be allowing up to 4,000 of the 4,900 to be reserved for a discounted WL price (33FTM). If you do not book or do not mint your WL reservation before the launch, you will lose the opportunity for the discounted price.

Amazing! When can I mint one?

We will launch the presale mint on an announced date, where those who have been whitelisted can mint 1 Powerful Dragon. When the presale concludes, public minting will commence for 50 FTM per Dragon. If you want to be whitelisted, head to our Discord and read through the channels to see what is happening in The Dragon’s Lair!

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store