ICE Genesis NFT Collection
What is ICE Genesis?
ICE Genesis is the first collection allowing users to interact with their own NFTs. Users can mint NFT components (ERC-1155) and use the components to assemble the final ICE Genesis NFTs (ERC-721). These NFTs can later be dismantled into their parts to create different combinations with different rarities.
The collection has high rarity (high allocation) and low rarity (low allocation) components. If users can mint their final NFTs using the valuable (more rare) components, they get significantly more benefits from the ecosystem. For example, the NFT below has many high allocation components such as gold nose, gold arms, gold plated head. Thus, it will have a high allocation point rewarding its owners more than others in the upcoming seigniorage feature and play-to-earn game.
How to Mint?
There are two ways to mint these NFTS 1- Minting with $ICE
Genesis NFTs will first be minted by users who staked in our factories and earned $ICE tokens in the first phase. The minimum cost to mint an NFT component will be 5 $ICE. Each NFT has 8 different components; thus, 1 complete NFT will cost at least 40 $ICE. Higher rarity components will cost a lot more ICE tokens to mint. Since $ICE has a max supply (65,000), the Genesis collection will have a very limited number of NFTs. If you haven't invested in the first phase but you want to buy from the genesis collection, $ICE can be bought on Quickswap from the following link. Buy ICE to mint NFTs: https://quickswap.exchange/#/swap?outputCurrency=0x6ad1eEdDf1b1019494E6F78377d264BB2518db6F Please, also keep in mind that it might become too expensive to mint the genesis collection when people spend the tokens in their wallets and start buying from the liquidity for more NFTs. While the cost of the first NFT might be around $30 as of this document is being prepared, this cost might go up to thousands of dollars later on. If you are planning to buy a Genesis NFT, it is a good idea to reserve your ICE tokens while it is still affordable. 2- Minting by Staking
If you missed minting with $ICE, it means that you have to stake create an LP with ICE Dollar and MATIC. ICE Dollar (ICD) is our Algorithmic Token pegged to MATIC. Staking MATIC/ICD will allow users to earn Allocation Points (AP) as a yield. When you harvest these allocation points, you will get an NFT component corresponding to your allocation point like a pilot uniform for 100 AP or an Electronic Eye for 50 AP. A low allocation point harvest will produce a low rarity component and a high allocation point harvest will produce a high rarity component. How much allocation point you earn is dependent upon how much LP you staked in the pool and how long you accumulate these points before harvesting. Why should I even bother staking ICD/MATIC for these NFTs? The answer is simple: They will give you more ICE Dollar, our algorithmically pegged token to Matic. We believe that anyone in the NFT community would be attracted to the idea of owning an NFT and making passive rewards from it. Now, you might ask how/If this can be possible. Please, read our next section on the seigniorage model.
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