Property’s — Minting Info. Property’s is more than just an NFT. We…
Tags: Nft, Propertys

Property’s is more than just an NFT. We are building the social network of metaverses. We are the hub for all of your favorite NFT communities — big or small. For now, we are building on The Sandbox — what we are building is a mixture of social clubhouses for communities, mini-games, shops, art galleries, content & adventures.

With our NFT sale approaching, we have seen some very frequently asked questions that we would like to answer here. Let’s dive right into it:

When & where is the Mint happening?

The mint is happening exclusively on https://propertys.xyz/ — our official website.

Pre-Sale: 10 December 2021 - 15:00 GMT (Duration: 48 Hours)

Public Sale: 12 December 2021 - 15:00 GMT

Please be aware that we are minting concurrently with Punks Comics & therefore will experience temporary gas fee spikes. How much is a Property’s NFT?

We have a pricing structure that benefits early & active supporters as well as the communities of our partners. These people have

Whitelist Pre-Sale

Property Agent: 1 NFT at 0.08ETH + gas fees.

Senior Broker: 2 NFTs at 0.0725 ETH each + gas fees.

Executive Realtor: 3 NFTs at 0.065 ETH each + gas fees.

Partner/Giveaway: 1 NFT at 0.08 + gas fees.

-Whitelisted buyers are able to put multiple NFTs into one transaction and pay the average price of these.

-The “Extra” NFT (Giveaway/Partnership) is only available through a separate transaction.

-The total maximum amount that can be minted during Pre-Sale is 4 NFTs, which is only available to people that hold all 3 Tiers + Extra Spot. Public Sale

Price per NFT: 0.09 ETH + gas fee

Maximum 8 NFTs per transaction — Total 16 NFTs per Wallet. How can I mint Property’s NFTs?

You need to have a MetaMask Wallet that has enough ETH stored on it to cover mint price + gas (transactions fees). On the top right of our website https://propertys.xyz/ you will be able to connect your wallet. You can then proceed with the minting as soon as the “Mint Now”-Button allows you to. How many NFTs will there be? What is the distribution for the sales?

There is a total of 6,000 NFTs in this first collection. Out of the 6,000 — 5,880 are houses — 120 are special buildings. Roughly 60% are reserved for whitelist, 40% are reserved for public sale. When will the NFTs be revealed?

We plan to reveal the actual NFT no later than 36 hours after the public sale. What is the NFT?

The Property’s NFTs are collectible cards on the Ethereum Mainnet. The artworks on these cards show various houses from 7 fictional cities and 28 fictional districts. NFT holders will be able to access different utilities that are unique to them. What are the benefits of holding Property’s NFT?

- Access to our eco-system utility token: BRIX.

- Access to future collections for our products and events in our metaverses

- Ability to use the buildings on your NFT on your personal Sandbox land (we’ll airdrop the NFT once Sandbox is public)

- Voting Rights over visual appearance on Property’s buildings in our Sandbox world. Holders will be able to collectively vote on interior/exterior/mini-games/experiences.

- Access to holders group on discord — a hidden channel that provides non-public info early.

- Minters are immortalized: Property’s Hall of Fame on Sandbox.

- Future interoperability of metaverse assets from the Property’s collections.

- A team that is eternally grateful to you for being part of our journey! Will there be a rarity or trait system?

We have decided to stay away from rarity, as rarity mechanisms intentionally result in a skewed demand pattern. However, some buildings from “more expensive regions” are entitled to more BRIX tokens than others. There is no specific rarity, just variations of the buildings. The traits are city-, district-, & street names and signal a specific building type and design. What is the BRIX utility token, how can I get it & how is it used?

Your NFTs may accumulate a utility token (“BRIX”) which the NFT holders can exclusively claim for free on the website of Property’s. Every month holders can claim BRIX for the NFT cards they own. BRIX is built for one purpose and one purpose only: to enable you to get more NFTs & Metaverse objects as well as access to events within the Property’s ecosystem. BRIX has no other functionality other than within the Property’s ecosystem, and it cannot be purchased from Property’s Developers. The Property’s Developers do not provide or intend to provide a secondary market for BRIX. Do not expect monetary gains from BRIX. BRIX is not intended to give you financial rewards — it will not “make you money”. BRIX is intended to be used as a means of exchange for our own digital and physical products & events — it may “save you money” that you would otherwise have to pay to acquire these products. Every building has a unique, randomized code that can only be claimed once per period — this prevents double-claiming on an NFT and keeps the tokenomics intact.

The BRIX you can claim depend on your holdings — a more in-depth explanation of the Tokenomics and distribution model will be available shortly. Every holder regardless of the amount they may own is entitled to BRIX if they register their holdings for a given period. The period is always a month. Will I be able to see and walk into the Property’s buildings on Sandbox and other metaverses?

Yes, you will be able to visit all buildings that are displayed in this collection. There will be experiences in & around the Property’s buildings. They will all hold different experiences to enjoy within the metaverses that we are in. Right now we are focused on creating an immersive world comprised of these buildings on The Sandbox Game. Will I be entitled to digital land on Sandbox?

Holding the NFT does not entitle you to the Sandbox land that Property’s holds currently or will hold in the future. At the time of writing, the smallest fraction of land on Sandbox is a 1x1 plot. The expectation that NFT holders will be entitled to the smallest possible fraction (1x1) is not correct given the size of a 1x1 plot as well as the current market value of a 1x1 plot & the number of Property’s land holdings in relation to the number of buildings that will be on Sandbox. However, a purchase of your NFT gives you the right to place the VX version of the building that is displayed on your NFT card onto land that you personally own. The VC version of your building will be airdropped to you when Sandbox opens its full version. Where can I see the Sandbox land that Property’s is on?

The coordinates of the land that the Property’s world will be built on are (54,78). Will there be a whitepaper and when can I expect it?

Yes. The whitepaper is currently being created and reviewed by our experts and legal team. You can expect it between the 16th-21st of December. I have not seen a roadmap on the website — is that intentional?

Yes. What we have witnessed is that a lot of project teams are pressured to deliver according to a roadmap that they intentionally created to overpromise to their community and NFT holders. This causes them to work under immense pressure in the long run, which may result in sub-par & flawed delivery. We have consciously decided to not go with the current Zeitgeist of the NFT space and hence do not provide a roadmap. Our mission will always be to deliver the best possible experience without putting immense mental pressure on our team. We care about our community and team alike and hope you understand that quality delivery is our utmost priority. With that being said, here are some things to look forward to:

- Collaborative NFT collection “Community Clubhouses”. In collaboration with our partners (24 NFT projects at the time of writing), we are creating a series of buildings that will supplement our world on Sandbox — these clubhouses are unique to the communities we work with and are intended to provide a social platform for them and others. This is what we call a social network on Sandbox.

- Avatar & Object collection “Avatars & Objects”. We are creating 3D & VX avatars that can be used on Sandbox and as profile pictures.

- Property’s Experiences. Look forward to missions and adventures in the Metaverse that are actively co-created with our partners, advisors and you, our community.

- Interactive Creation Livestreams. We will open up the possibility for you guys to be actively involved in the process of building the Property’s world on Sandbox. You will see the behind the scenes of what is happening any time.

- More exciting partnerships. Property’s has been gaining a lot of attention and interest in the last few weeks. We have received over 85 applications from Web 3.0 projects, global brands & celebrities and are working through them to carefully select the ones that fit our world and narrative best.

- Something bigger. We would love to brag about our next moves, but it’s something we have been working on for a long time & which is still not finalized. You guys will know when it’s happening & we are positive that you will be more than excited when the time has come. Some last words…

We have built Property’s with an incredible amount of work, care for detail, and most importantly passion & fun. We have built a strong and positive community that supported us from day one. We believe in showing care and compassion & think this is what has created such a strong community. We have built this for you guys. We want to raise the bar of what a solid project should do for its community. With that being said, we are not the project that you should look for if you want to collect tokens that make you money. We are a team of people that looks into the future of metaverses and intends to become a big player in it. All of this would not have been possible without you guys. We love you & appreciate you for all the crazy things you have done for us and the community.

Greetings,

Konrad, Jo, Cem, Daniel, Felix, Marc, Dom, Stevie, Keng, Ezgi, Mica, Schewy, Ryan, Burnes, Hotfix & the advisory team.