disclaimer: social tokens are experimental in nature…the layer1 team does not suggest buying or selling tokens…the following information is not financial or investment advice.
Another step for the LADZ…
Today we turn the key on a huge addition to Layer1 with the launch of the LADZ Treasury Vault. The community-focused reserve of NFTs, ETH, and BTC will serve as an active backing for the LADZ utility token, a pool of NFT rewards for active community members, and a liquid treasury for improvement of the LADZ ecosystem.
In short, the LADZ Treasury Vault will be a steadfast point of value for the LADZ community as we progress together over the coming years.
So how will it work?
The LADZ Treasury Vault will be broken down into three distinct categories:
Tier 1: Low-Medium Value NFTs
Tier 2: Medium-High Value NFTs - Liquid ETH and BTC
Tier 3: Extremely High Value NFTs - Locked ETH and BTC
LADZ Treasury Vault at launch:
5% of Total Value - NFT Drops, Rewards, Giveaways, Events
20% of Total Value - Tradable NFTs, Liquid ETH and BTC for development
75% of Total Value - Locked NFTs, Locked ETH and BTC
Total estimated value at launch: $86,467.93
*we hope to collaborate with the nonfungible.com team to audit the LADZ Treasury Vault for a more efficient and accurate upkeep of all holdings*
Say Hello to the Curator…
With the massive potential of the LADZ Treasury Vault for our community, we feel it’s necessary to have a dedicated curator to monitor, promote, and consistently improve both the value and quality of assets held in reserve.
We’re happy to introduce Ezincrypto, a tireless promoter of the NFT industry (and a longtime Lad) to fill this vital role.
“There are a lot of ideas we are throwing around to gamify both content and participation in the community…driving further engagement while rewarding those passionate LADZ with some dope swag and NFTs!”
“We are also building relationships with artists, game developers, exchanges, and other metaverse platforms, where sponsorships and collaborations lead to donations for the community” - Ezincrypto
Future Upgrades in LADZ Treasury Vault v.1 (coming soon)
DAO Management via Vault Committee
LADZ Storefront (ie. Opensea)
NFT Donations via Community Members
NFT Minting Contracts for Community Art, Memes, Music..
Staking for NFT Lending within LADZ
Raffles and Lotteries
Strategic NFT purchases w/ Layer1 Funds
LADZ Treasury Vault Museum to display NFTs and Host Metaverse Events