Tokenization of the MidasChain
The Star System NFT
The Midas.Chain™ will embark on its tokenization journey via the Star NFT System, an expansive collection consisting of 11,100 SFTs. Within this collection, there are meticulously allocated quantities, including 100 Golden Star SFTs, 1,000 Silver Star SFTs, and 10,000 Bronze Star SFTs. These SFTs assume multifaceted roles that effectively liken them to a form of ownership within the Midas.Chain™ ecosystem. However, it's crucial to recognize that the term "ownership" in its true sense cannot be applied to an entity inherently decentralized in nature.
Sale Round for the Financial Ownership of the Midas.Chain™
The base price/value of the Star NFT are as follows:
Golden Star SFT: 200.000 $
Silver Star SFT: 20.000 $
Bronze Star SFT: 2.000 $
In total 3 Rounds will be held for ownership of the Midas.Chain™. These are:
Seed Round, 20% SFTs for 6 mil $ (50% of their base price)
Private Round, 30% of SFTs for 13.5 mil$ (75% of their base price, 1.50x times more expensive per NFT than previous Round).
Public Round, for 40% of SFTs for 24 mil$ (100% of their base price, 1.33x times more expensive per NFT than previous Round).
10% of the SFTs will be retained by Demiourgos.Holdings™. for research, development and blockchain maintenance.
The company will retain Company SFTs equivalent to 150 Validators. However, only one-ninth of the total sold amount will be utilized by the company to generate Working Validators, based on quality criteria. The remaining Validators will be categorized as Blank Validators, and they will not be eligible for rewards. It is imperative that, during a Validating round, at least one Working Validator must be selected for validation. In the event that there are Blank Validators in a Validator Epoch, they will not be entitled to receive any rewards.
Seed Round (6.000.000 $ for 20% Financial Ownership - 50% Price)
| Star NFT | Amount | Unit Price | Total Price |
|---|---|---|---|
Gold Star | 20 | 100.000 $ | 2 MIL $ |
Silver Star | 200 | 10.000 $ | 2 MIL $ |
Bronze Star | 2000 | 1.000 $ | 2 MIL $ |
6 MIL $ TOTAL |
Private Round (13.500.000 $ for 30% Financial Ownership - 75% Price)
| Star NFT | Amount | Unit Price | Total Price |
|---|---|---|---|
Gold Star | 30 | 150.000 $ | 4.5 MIL $ |
Silver Star | 300 | 15.000 $ | 4.5 MIL $ |
Bronze Star | 3000 | 1.500 $ | 4.5 MIL $ |
13.5 MIL $ TOTAL |
Public Round (24.000.000 $ for 40% Financial Ownership - 100% Price)
| Star NFT | Amount | Unit Price | Total Price |
|---|---|---|---|
Gold Star | 40 | 200.000 $ | 8 MIL $ |
Silver Star | 400 | 20.000 $ | 8 MIL $ |
Bronze Star | 4000 | 2.000 $ | 8 MIL $ |
24 MIL $ TOTAL |
In total, 90% of the financial ownership of the Midas.Chain™ will be offered for sale for a total of 43.5 MIL $. The pricing strategy will see the price per SFT increase first 1.50x times, then 1.33x times compared to the previous round, providing potential for substantial returns.
Furthermore the Star SFTs sale will be executed using 1,000 fractional units per Star SFT. This allows buyers to acquire smaller portions of Star SFTs, as tiny as 1/1000th of a Full Star SFT. It's all about flexibility and ensuring that every investor, no matter the budget, can join us on this exciting journey. The fraction prices in the Public Round are displayed below:
| Star NFT | Full Price | Fraction Price |
|---|---|---|
Public Gold Star | 200.000 $ | 200 $ |
Public Silver Star | 20.000 $ | 20 $ |
Public Bronze Star | 2.000 $ | 2 $ |
Private Gold Star | 150.000 $ | 150 $ |
Private Silver Star | 15.000 $ | 15 $ |
Private Bronze Star | 1.500 $ | 1.5 $ (150 ¢) |
Seed Gold Star | 100.000 $ | 100 $ |
Seed Silver Star | 10.000 $ | 10 $ |
Seed Bronze Star | 1.000 $ | 1 $ (100 ¢) |
Royalties
We've established a 5% royalty rate, and these royalties will be automatically distributed to SFT Holders during every sale event.
Funds Usage
The funds from gathered from the Star SFT Sale will see the following usage:
15% will be retained by Demiourgos.Holdings™ for research, development and blockchain maintenance.
75% will be used as Bitcoin and Gold rewards for the Midas Chain.
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