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We aim to bring together like-minded individuals to navigate with us through the realms of the gods.
We aim to build a strong community with a passion for high-quality art with great utility.
We aim to create long-term value for our holders through the God’s Vault.
In the near future, Egyptian and Nordic God NFT collections will join our realm in the galaxies.
Gods will guard the access to the portal.
The Gods of the Galaxy NFT range is changing the hand-drawn NFT art game. We are striving to up the standard, complexity, and quality of art within the Solana NFT space and rebuild the narrative of NFTs as a long-term commitment. Our NFT range consists of 6 hand-illustrated/painted Greek Gods, all with their own individual attribute sets. The total collection consists of 3333 unique Gods
The main long-term value driver will be the Gods’ Vault, which will essentially function as a community wallet within the Galaxy DAO. The Gods’ Vault will be funded via a percentage of the minting income of the project, as well as 50% of the royalties from secondary market sales. This vault will be used to invest in new NFT projects on an equity basis. These investments will receive equity through a % of the mint income or of the supply of NFTs of the project.
The value and growth realized by the vault will be claimable by the DAO members using $GOG tokens that they earn through staking their NFTs, thereby, benefiting those who hold and stake their NFTs the longest by creating long-term incentives. It is important to note that our $GOG token has no monetary value. DAO members will be able to vote on proposals and participate in NFT auctions using their earned $GOG tokens. Staking the full collection of all 6 Gods will provide the highest staking rewards and includes a staking multiplier.
After the mint date, the NFTs will be available for purchase on the secondary NFT marketplace, Magic Eden.
Not much is known about the mysterious tyrant, yet he leads the team like no other can, stopping at nothing to achieve what's best for the Gods.
Joshy lectures at a local design academy. An all-round legend of a human, and one of the most talented artists we have ever seen. Blowing us away every step of the way with what he has created. Let's give him the love he deserves.
https://www.artstation.com/joshuajaychristie
A seasoned animator and UX designer, Rich has worked for numerous digital agencies and development companies across the United States both in a production and creative oversight capacity. An enthusiast for the art of meticulous critique who has found himself in a jungle of Degens. After being appointed as creative director of the project, he has been working closely with the artist to create the GOG universe and ensure that all things visual are up to scratch. He also has a tendency to talk about music like a fanatical maniac, every now and then.
An industrial engineer who fast found his way into the crypto and NFT space after realising deep down inside, the degen was fighting tirelessly to get out. NFT fund manager at an esteemed crypto fund, he has found a way to live the degen life as a profession.
🐥 - https://twitter.com/apollo_solana
An Investment Management Honours degree holder pursuing the CFA designation while simultaneously trying not to get rug-pulled more than what the doctor recommends. Yallaking is an experienced NFT Fund Manager and argues that the most alpha will always be found in the connections and people you meet.
🐥 - https://twitter.com/RuboMedia
Long time tech enthusiast with a mind for innovation and creativity. Summonsed by the realm to produce a website and provide technical advise. Slowly being submerged more into the crypto space due to curiosity about the capabilities of blockchain technology. Surfer and beacher when there’s no work to do. All round idiot with a great sense of humour. Love u Sam.
Bare the dev. Will dm you.
🐥 - https://twitter.com/barelooksrare
Pure-bred degenerate. Caller of rugs. Full-time hype overlord. Part-time fud monster and quantitative developer. Advisor to the realm.
🐥 - https://twitter.com/Kay_the_great_
Xenon is a well-versed storyteller through years of personal research and a genuine passion for the tales of old. He has led many lives and seen much. As the son of a farmer by birth, aspiring management accountant by day, his greatest power comes at night. It is then that be becomes the fireside shaman, the Great Spinner of Yarns, the Loremaster and keeper of Myths. Sit by his fire, if you wish to learn more of the matters of the world. But bring rum. Lots of it. All the lore is his own original work, and he leaves us with this:
"Greetings ye mortals
I have heard tell this company assembled before me craves a tale of Olympus and the gods residing thereon. Were I any mere scholar, I would relate this tale to you like I would to a child seeking a bed time story.
But this is no bed time story, and ye are no children.
I will tell you of the gods, aye, but I will also tell you of the divinity before Olympus, of the great powers that ruled the cosmos before Zeus or Apollo came to be. I will also tell you of man, and their true nature most terrifying to any God.
Prepare yeselves mortals, for this tale is no maiden's fireside fable."
Organic growth
Community first
WL competitions
Lore Chapter 1-6
Gods & sneak peeks 1-6
We aim to grow the community to one of the most tight-knit and strongest DAOs within the Solana NFT ecosystem. For that reason we ref
GoG holders will have first priority in the mint of future collections. Your Gen1 NFT is essentially your mint pass for future collections.
Welcome the realm of the Gods of the Galaxy.
Welcome to the project wiki! Here you'll find everything you need to know about Gods of the Galaxy. Any further questions or enquiries about the details please resort to FAQs or contact and admin on our discord. Discord: discord.gg/Fcx8YRdEGK Twitter: https://twitter.com/Gods_GalaxyNFT Website: https://godsofthegalaxy.io/
What about decisions choosing between whether a project equity investment returns mints/NFTs or $SOL revenue that can be used to buy up floors or rares?
This is specific to whether holders are bullish in the long term of the invested project or just want to cash out the investment as they would rather buy up other projects they are more bullish on. Once again this would be a Monero Vote.
And What about decisions wrt to whether equity investment into a project will receive free mints of NFTs? And how would 200 mints or NFTs be distributed amongst 1500 holders?
In the case of airdrops, all DAO members will be able to purchase a lottery ticket, using their $GOG token. If free mints are decided through Monero Voting, then $GOG will be used to mint those projects. What parameters can be voted on? Examples of vault parameters that can be voted on: monthly growth hurdle rate, vault AUM milestone at which hurdle rate changes.
The Gods’ Vault will be funded via a percentage of the minting income of the project, as well as 50% of the royalties from secondary market sales. The majority of the vault funds will be used to identify and invest in new NFT projects that show promising potential for the future. The vault managers, appointed within the DAO by DAO, will also implement extra yield generating tactics to boost the buying power and liquidity of the vault. Risk mitigation tactics will be taken to ensure a conservative yet profitable deployment of capital and certain vault parameters such as minimum liquidity thresholds and maximum capital outlay will be set to help guide vault operations.
It is important to note that the vault will be fully decentralised and managed by the DAO. The DAO is able to propose any changes to current vault parameters and procedures where deemed necessary. The Vault will have two main goals, long-term growth and providing value to our DAO members.
The main growth of the vault will come from investment into new NFT projects on an equity basis. The Galaxy DAO will decide on the equity percentage and investment amount after an in-depth analysis of each project. After launch, the equity share of the minting income will be taken out to then be used to further fund the operating activities, or a share of the supply of NFTs of the project will be made available to the GOG community (depending on which is voted as more beneficial by the DAO).
The aim is to grow this Vault for years to come, so the value created for holders is sure to be significant. Further profit sharing will be conducted in a similar fashion, in which the excess funds of the vault will be used to buy up floors or rare’s of promising community voted NFT projects. These NFTs are auctioned off within the DAO to any verified holder that is willing to contribute the most $GOG.
The dualistic nature of decisions
Considering the dynamic structure of the project and operational requirements needed to ensure the project is managed successfully, there is an important distinction to make regarding the voting that the DAO is responsible for. DAO Proposals and voting will be conducted on two fronts. To help keep track let's refer to them as Macro Votes and Monero Votes. The first of which, Macro Votes, involve broad decisions specific to project parameters and influence the direction of the project as a whole. Examples of this include changing staking rewards, DAO ambassador voting, DAO structural changes. Further examples also include using Gods’ Vault resources that may improve and benefit the overall strength and value the Gods of the Galaxy community - such as supporting software developers, minting platforms, metaverse integrations, clothing merch, comic books etc.
It is important to note that Macro Votes do not require ANY $GOG tokens and function as any DAO normally would, being, one verified holder is granted one vote.
The second of which, Monero Votes, are specifically related to decisions regarding the expenditure of Gods’ Vault funds with the goal of growing the vault in excess of the monthly threshold level. Monero Votes require the expenditure of $GOG tokens, with the reasoning that any vault growth in excess of the hurdle rate is returned back to holders. Therefore, the value should be returned proportionately to the level of dedication shown by investors. Thus, holders that have staked max combos of Gods for long periods of time deserve the most say in how that value should be returned to them, thereby, giving them the opportunity to decide how and on which they should spend their $GOG tokens.
Full Staking Schedule including multipliers.
GOD:
$GOG/day
Multplier:
Khaos
100
1.5
Gaia
24
1.4
Cronus
20
1.3
Zeus
12
1.2
Poseidon
10
1.1
Spartan
7
1
As per the table, the second column shows the amount of tokens earned per day. The multiplier column shows the multiplier applicable if the full collection is staked (1.5x) or partial collection starting from Spartan (requiring every god on the way up). Hence, simply staking a Cronus does not qualify for the 1.3x multiplier - one would need to stake a combination of Spartan, Poseidon, Zeus, and Cronus.
The maximum supply of $GOG tokens is currently capped at 500 000 000. Under this supply it would take just shy of 5 years for all tokens to be generated (assuming the full collection staked with max multipliers in place).
The current Tokenomics is based around the $GOG token and its pure utility functionality within the vault.
Some may find the actual mechanics difficult to grasp due to the multipurpose nature of the token.
To explain in a more structured manner, consider the $GOG token as being able to be used in two different avenues. Both of these avenues are functions of the Gods’ Vault and are only relative to Vault operations.
A - A governance tool within the Galaxy DAO to weigh in on
B - A way of capturing and claiming value from the Gods’ Vault
Think of the $GOG tokens you hold as a call option on either of these options, meaning that you can exercise your right to participate in either A or B at any one of the opportunities that arise. Naturally, one must be a verified member within the DAO regardless of the amount of $GOG tokens one owns.
With operation B, the $GOG tokens are solely used to bid on in-house DAO auctions of NFTs acquired through Gods’ Vault investment or through buying up floors or rares with excess Gods’ Vault growth. All $GOG that is spent, will be burnt.
.....
Operations & Goals of the Gods' Vault
Votes from the Galaxy DAO: Holders vote on which projects to invest in, using their $GoG tokens. Vault funds are then used to invest in the project. Paperwork and contracts will be signed between the Galaxy DAO and the project in question.
Investment into new projects: The vault will invest in new and upcoming NFT projects. The percentage share of equity will either be paid in a % of mint revenue or a supply of the NFTs of the project will be made available for the Galaxy DAO.
Buying of NFTs: Excess funds will be used to buy NFTs of popular projects to auction back to the DAO using $GoG tokens.
Developing software, tools and value-adding assets: Funds may also be used to build launch pads, supporting software developers, metaverse integrations, clothing merch, comic books etc.
The first goal is to reach $300k. This will be done by aiming for 10% growth per month through investing of funds royalties earned on secondary markets. The vault will also gain buying power through a % of mint revenue received from the release of future collections (This influx will not contribute to the growth rate of that month).
The aim is to grow this Vault for years to come, so the value created for holders is sure to be significant. Further profit sharing will be conducted in a similar fashion, in which the excess funds of the vault will be used to buy up floors or rare’s of promising community-voted NFT projects. These NFTs are auctioned off within the DAO to any verified holder that is willing to contribute the most $GOG.
In order to safeguard against the average joe being crowded out by whales staking full collections, a large portion of the NFT bought up using the extra profit will also be airdropped through giveaways (the exact portion will be determined through community voting). Given the long-term goal of the Vault, a minimum monthly growth threshold is set. While the total value of the vault is under $300k, the vault first needs to grow at least 10% in a month, any excess growth will be used to buy and auction NFTs back to the DAO. After the total vault value exceeds $300k, then anything in excess of 5% growth a month can be used to buy an auction back NFTs to the DAO. Where the DAO deems appropriate, the vault will also be used to fund initiatives that may improve and benefit the overall strength and value of the Gods of the Galaxy community. This may include various ideas/technologies for other projects to make use of that will help further increase the value of the Gods’ Vault. Examples of these may be launch pads, supporting software developers, minting platforms, metaverse integrations, clothing merch, comic books etc.
What parameters can be voted on?
Example of vault parameters that can be voted on: monthly growth hurdle rate, vault AUM milestone at which hurdle rate changes.
Is there a hard cap on the amount of $GOG tokens any one holder can earn?
No.
Are $GOG tokens transferable between wallets?
Yes.
Is there a hard cap on the amount of $GOG tokens someone can commit to a single vote?
Yes, as determined by the DAO.
When mint?
Our public mint date is currently set for the 4th of February 2022 6:30 pm UTC | Presale @ 5:00 pm UTC We will be launching on the Solana blockchain.
Mint price?
Each mint in the presale will cost 0.5 sol. The public sale will be 0.65 sol. 6% royalties, 50% to the dev team, 50% to the Gods' Vault.
Staking and utility?
Check out Vault info for a detailed description of the Gods' vault, Staking, our Utility token $GOG, and the Galaxy DAO.
How many can one wallet mint?
The maximum amounts that can be minted are different for the 2 tiers of members. OG Presale: Max 2 Public Sale: Max 3 Therefore, the max any one wallet can mint will be 5 Gods.
Can I connect my wallet before launch?
Yep!
Which marketplaces will you be on, and how soon?
We will be listing on Magic Eden directly after sell-out.
Rarity chart?
We will release rarity charts on our website shortly after launch.
How many pieces are there?
There will be a maximum of 3333 unique pieces
Is each item hand-drawn?
Each of our character bases and attributes are hand-illustrated and seamlessly fused together. In the minting process, each one of these bases/attributes will be randomly generated together to create unique pieces.
How to get OG/Whitelist Role?
Most of our WL roles have already been filled with blue-chip project collaborations. We will however be running some competitions to win a few that we have left.
Are we GMI?
Yes. WAGMI.
We will be launching a staking platform where holders are able to stake their Generation 1 GOG NFTs and get rewarded in our native token, $GOG. Staking rewards are increasingly multiplied if different specified combinations of Gen 1 NFTs are staked (with the highest multiplier achieved through staking the full collection). $GOG rewards are accrued daily with higher rewards given to higher rarity Gods. The $GOG token has zero monetary value but will have multiple different utilities, however, it will predominantly be used for DAO governance and as well as payment for NFTs auctioned from the vault. The more tokens you accumulate, the more voting power you have within the DAO. The team will have no $GOG token allocation and will only be able to participate in voting by earning our own $GOG tokens through staking. All decisions made by the DAO will be decentralised and controlled by the community. The DAO will have full control over the Gods’ Vault and can propose to make any changes to the structure of the vault where deemed necessary.