FINAL UPDATE: Atlanteans Characters NFT Collection
Minting 22nd March 2023
Good morning, good afternoon and good evening wherever you are Atlanteans!
Today we come to you with an update on the Atlantean Characters NFT Collection, which we first announced in August 2022 here.
This is the second and final time we update collection details – we have finally settled on the fairest mint mechanism.
For the sake of clarity, we will reiterate on all details in this article:
How and when will the mint proceed?
What are the benefits and perks of owning an Atlantean Character?
How will the funds raised be allocated?
Please don’t hesitate to reach out in our Discord if you have any questions.
Without further ado, let’s dive in!
📜 Founding Atlantean Scroll NFT Collection on Opensea
🔑 Burn your Key NFT for a Scroll NFT here
🤝 Join our Community on Discord
🗞 Subscribe to this Newsletter here
🌏 Explore Atlantis World v1 here
Official website coming soon.
Official mint date: 22nd March 2023.
Note: if you still hold a Magical Key NFT, you may want to keep it as a piece of on-chain memorabilia, or burn it for a Scroll here thus allowing you to claim an Atlantean Character during Phase 3. Keys have no utility.
For a chance to win a FREE Scroll NFT and a guaranteed WL spot:
Phase 1 – Allow List (WL)
Time-frame: 24 hours
Price: 0.05 ETH
Eligibility: Founding Atlanteans (Scroll holders); partner communities, NFT collab communities, WL giveaways; PREMINT audience
Allocation: 1999 items
Maximum 2 NFTs can be minted per wallet.
Phase 2 – Dutch Auction
A Dutch Auction is a type of bidding where the NFT collection is put to sale at a specific value set by the project. That value will then decrease over time until it hits minimal price or when all the NFTs are sold.
🚨 The difference between the amount of ETH paid and the last auction price (LAP) will be refunded to participants that paid a higher price than the LAP. 🚨
This allows the market to determine fair value and compensates those who may have overestimated that value. This is the fairest way we have found to conduct the collection sale.
The auction will start at 0.1420ETH and decrease by 0.01ETH every 60 minutes.
The minimal price is set at 0.069ETH.
Auction Time-Frame: 24 hours
Starting Price: 0.1420 ETH
Minimal Price: 0.069 ETH
Eligibility: everyone (no action needed to participate)
Allocation: 2540 items + unminted items from Phase 1
Maximum 19 NFTs can be minted per transaction, unlimited NFT mints per wallet.
Phase 3 – Founding Atlanteans Free Claim
Time-Frame: 3 months
Price: FREE (+gas)
Eligibility: being of holder of Founding Atlantean Scroll NFT
Note: you will not need to burn your Scroll, don’t worry!
Please note that if there are NFTs left unminted, they will never be minted ever, therefore reducing the collection’s total supply.
1 – Pixel Art
First and foremost, if you’re like us then you love pixel art for the nostalgia it brings. This collection allows Atlantis World to express themselves in the virtual social platform, and also plays in to the lore. As we approach the end of Q1 2023, you will get to know more of the story and about 3 races that co-exist in Atlantis World: Humans, Ancients and Divines.
2 – Become a Guild Member
Each Character NFT, just like the Scrolls, assign the holder to 1 of the 4 Guilds: Aer, Ignis, Aqua and Ignis.
Each Guild has its own Guild House in-game, and the opportunity to create its own sub-culture. For example, each member is free to organise and host Guild-specific activities, therefore carving out the Guild’s community culture.
In short, as a Guild member you have the agency to add value to your Guild and collaborate with other members on whatever you decide! Who knows, Aer Guild may become known across Atlantis World for documenting the lore whereas Ignis Guild may gain the reputation of most competitive players. Only time will tell.
3 – Ecosystem Giveaways + Airdrops
The Atlantis World ecosystem is vast! We intend to continue collaborating with our partners to host giveaways, contests and reward our holders whenever we have the opportunity.
4 – AtlanteanDAO Base Governance
AtlanteanDAO is a DAO comprised of Founding Atlanteans (FA Scroll holders) and soon NFT character holders. DAO members will be able to vote on funding and leading initiatives including grants, community incentives, events and more.
5 – Eternal AW Whitelist
As a holder you will automatically be granted WL to future collections and curated ecosystem partner opportunities.
6 – Game Sprite
Before, all Atlanteans were hiding under robes. Scroll holders were the only ones with robes adorned with 1 of the 4 Guilds’ colours.
This will soon change. In Atlantis World, the default character sprite is the cloaked Atlantean. When you hold a Character NFT, you will get your very own in-game sprite equivalent with walk cycles.
7 – Commercial Rights
If you are an Atlantean Character holder, you have IP rights. Meaning, you can monetise your character by licensing the IP. So if someone wants to use your character in their artwork, you must license those rights in exchange for use. These rights are non-exclusive however, meaning that Atlantis World will have a perpetual commercial license.
Soon, we will share the Atlantean Characters License Agreement - a legal description of the commercial rights every holder will have.
Allocation of Raised Funds
Atlantis World is a fully bootstrapped project, we are a growing team of 11, and have been fully independent for over 1 year.
All of the funds raised from the sale and 7.5% royalties will be invested towards the development of the game, which includes supporting the team and making sure we continue to have access to resources.
AW will also be keeping 469 Atlantean Character NFTs in the multi-sig treasury.
The proof is in the pudding – if you have played around with Atlantis World v.1 (explore here), you have experienced first hand what our team is capable of.
Shoutout to our amazing Atlanteans and welcome to all the new members of our community!
A special kudos to Forgotten Runes for the thought-leadership when it comes to NFT commercial rights and being an important point of reference to our Dutch Auction implementation.
Make sure to turn notifications on for Discord and Twitter for all mint updates!
Legal Note & Disclaimer
The terms of the NFT sale are subject to change based on community input.
Nothing in this post shall constitute or be construed as an offering of securities or as investment advice, tax advice, investment recommendations (i.e., recommendations as to whether to enter or not to enter into any transaction involving any specific interest or interests) by Atlantis World NFT Ltd or any of its affiliates.
Nothing in this post shall be construed as an offering of direct ownership in Atlantis World.
An updated, full terms & conditions will be published in due course before the date of the sale.