This is my first letter to you all. In this letter, I have two important announcements-
New amendment to the constitution.
Good news for everyone in our country early.
1. New Amendment-
Previously, it was decided that verifiable citizens of BWO, i.e., those who hold a BWO NFT or BWO tokens, will be referred to as DeZens(Decentralized Citizens).
That is being changed.
From now, verifiable citizens of BWO have the right to use the title of Lord/Lady in their name. Most countries can assign titles to whoever they see fit. We can, too.
We are all part of a big movement, as citizens of the first decentralized, digital nation on Earth. It is quite natural that we each get conferred with a title that displays how important we all are.
You can change your names to add a “Lord” or “Lady” on whichever platform you see fit.
The token metadata of every BWO NFT also contains this declaration and can be viewed on the phantom wallet, or any wallet that supports displaying NFTs and their metadata.
(If you want to change your name officially in your geographical nation, you can- but understand that some geographical nation-states have laws against changing your name/putting titles before your name, so please consult a lawyer if you’re going to do something like that.)
2. Good news for everyone in our country early-
We currently have 450+ citizens on twitter, 100+ citizens on discord, and most of these citizens are also subscribed to this letter.
We didn’t do any “Like, Retweet for a free duck NFT” campaigns, because we believe that’s a practice that disappoints a lot of people and attracts the attention of a lot of people who aren’t interested in the project as a whole, and just seek a freebie.
Most projects do giveaways, because it is an easy way to get 1000 followers overnight. We’re not like most projects, and we don’t mindlessly follow trends.
We are a country, and no one has been promised free stuff to join us yet.
This means that every citizen currently with us, has joined us, because they believe in the project. Before I move forward, I want to say THANK YOU to each and everyone of you.
Most projects usually wait, build up a following of a few thousands, before launching their mint. It makes sense to do that from their perspective, because they have the highest chances of selling everything out that way.
But we believe it is unfair to those who believed in the project enough to join in on the first week. Many of those earliest believers are likely to miss out when the mint launches because of a high surge of people trying to mint at the same time.
But in our country, we will do things differently. We care about those who believed in us early, and because of that-
We will be auctioning off some (or eventually all?) of our NFTs through Holaplex.
NFTs will be launched, and auctioned off in batches on Holaplex starting now, with BWO Duck #9999.
8 more BWO Ducks will be listed in the next hour. Bidding will end 24 hours from now, or roughly between 5 to 7 AM, tomorrow.
Details of each drop will be announced through Discord and Twitter.
We want the market to decide our price, so the starting bid will never be more than 0.69 Sol (nice).
As Sol continues to appreciate in price, we will lower starting bids to make sure everyone gets a fair chance.
Not naming names, but we saw a project announcing a mint of 10 sols. If you find out what they were smoking before making such an announcement, let us know.
If demand increases, the daily number of NFTs being auctioned will also increase to prevent whales from out-bidding everyone on everything.
This means our NFT auctions for our early citizens will likely be the longest running Solana NFT drop unless a stable minting standard exists, and we’re here the ride the Solana wave for some time. We predict that prices and demand will rise exponentially as our following and reach explodes, so everyone buying in early will reap the rewards of it very soon.
Only one NFT is required for verifiable citizenship in BWO, so we expect many citizens to buy more than one, hold it or flip it, and ride it out with us. This also means that everyone buying in early will be incentivized to spread the word, leading to a snowball effect, where our presence and population continues to grow solely through the support of existing citizens.
Thus, we believe a lot of wealth is programmed into each BWO NFT at this point, and all our Lords and Ladies will find themselves sufficiently rewarded.
We might partner with Holaplex later on when they have a successful candyman implementation ready, but if the auctions remain popular- we will stick to it. Every mint that we have seen in this space has failed in some way or other, and we do not want to disappoint prospective citizens by taking that route until a stable minting solution exists.
This might also be the best time to grab one, because we haven’t even started marketing or collaborating with other projects in this space. Once we start doing giveaways, airdrops and collaborations, we expect a new surge of citizens joining us.
Hopefully, our early citizens will appreciate this and support the country moving forward. There’s also a surprise coming in the next month for those who are buying in early, so stay tuned for more details about that.
We have also added a rarity chart to our constitution. Here is the rarity chart for each trait-
Click on the “Gallery View” for a better view of each trait. Although rare ducks will have a higher price in the market later on, the common ones will also appreciate in price as our price floor increases.
Unclaimed NFTs will be reclaimed and put into auction on the next drop.
If bids start to get extraordinarily high, remember that there will always be an auction on the next day. We understand the emotions behind a bidding war, but it will help to be patient rather than trying to outbid fellow citizens by bidding higher than what you can afford.
We’ve added a new channel in the BWO Discord Citizen node, called #bid-discussion, where you can coordinate and chat with other citizens while bidding.
You’ll also need to claim your items after the auction ends, and you list them for sale directly on holaplex and later on secondary marketplaces. We will reach out to get verified on secondary marketplaces soon, but for now, remember that we are NOT in any other secondary marketplace.
That’s all for now.
Every letter I write will end with a quote. Today’s quote is-
“You can’t win unless you try to win, but you can lose by trying not to lose.” ~Jack Campbell
Thank you for reading. Have a nice day/night wherever you are.