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💰 Convert to Assets ​

The spirit of BuildKey is to enable communities to support builders by trading and holding keys. In return, key holders gain access to the fast-growing project assets at a very early stage.

Builders can choose diverse ways to offer assets or privileges to key holders.

1. Types of Assets ​

Project assets could be diverse, including airdrops, points, NFTs, whitelists, etc. As the project builds, the value of such assets is fast growing.

2. How to Get Assets ​

There are two ways to earn assets from projects.

  • Redeem Key With Upgradable Key-to-Asset Ratio.
  • Hold Key to Receive Key Holder Benefits.

KYC: Please be aware of KYC documents. Depending on the specific requirements by stakeholders, projects, regulations, and compliance standards, KYC documents may be needed to be able to claim/obtain assets after redeeming BuildKeys. In certain cases, accredited investor certification may also be needed to claim/obtain assets after BuildKey redemption. Check detailed information for each BuildKey launch.

🎊 2.1 Upgradable Asset Redemption ​

  • Redeem Starts: Click 'Redeem' to redeem the keys for project assets. Once redeemed, the BuildKey will be transferred to the project's wallet address.

  • Redeem Ends: Snapshot taken. To ensure you receive assets at TGE, redemption usually closes before TGE. BuildKey not redeemed can still be traded for profit. Usually you can claim the assets on the project page, or directly receive transferred assets from the project. NOTE THAT: Make sure you monitor the Redeem DDL.

  • Redeem DDL: Depending on projects, there may be a Redeem DDL for redemption. If missed, you cannot redeem the BuildKey for assets, but you can still sell the BuildKey for profits.

  • Buying DDL: Depending on projects, there may be a DDL for buying new BuildKey. After the DDL, you can redeem the BuildKey for assets or sell the BuildKey for profits, but you cannot buy new BuildKey.

  • Redemption Upgrade: Key-to-asset redemption ratio increases with the project’s mkt cap. The more BuildKey purchased, the more redeemable asset per BuildKey. Once the ratio upgrades, it will be auto applied on all BuildKey, including the redeemed BuildKey.

Asset Redeem

🎁 2.2 Hold Key to Receive Holder Benefits ​

Occasionally, by simply holding BuildKey, you will be automatically qualified for key holder benefits that are airdropped to your wallet. Your shares are calculated based on your total trading volume and BuildKey held at snapshot.

The more BuildKey, the longer you hold, the more shares you receive! The time of reception and rules are project-specific, so stay tuned!

Asset Airdrop