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πŸ’° Convert to Assets ​

The spirit of Build Key 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.

Assets

1. Types of Assets ​

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

2. How to Get Assets ​

By simply holding keys, you will be automatically qualified for airdropping (e.g., tokens, NFTs) or whitelisting (e.g., verifier node).

The qualification requirements may differ. E.g., for a demo project,

  • Holding 50 keys for 7 days - get a 100-token airdrop
  • Holding 50 keys for 15 days - get a 300-token airdrop
  • Holding 200 keys for 15 days - get whitelisted for the verifier node

Besides, you may spend keys to redeem the project's Asset Pack, earning more assets at one time. After spending, the keys will be transferred to the project wallet.

β€œBurn for assets”, β€œRaffle for assets”, and more asset mechanisms coming soon. Stay tuned.

3. When to Get Assets ​

Assets unlock as market cap milestones are reached. The amount of assets and the market cap milestones are set by builders.

Example:

  • When market cap reaches $50k, the first batch of assets unlock;
  • When market cap grows to $200k, the second batch of assets unlock.