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Japan-based bohemian artist Kwrtz and Tangent Protocol announced the launch date for their Cardanaires Genesis NFT Collection last week. The digital asset collection offers a unique combination of art and staking capabilities, featuring 5555 tokens spread across three rarity tiers. Holding these NFTs entitles each user to farming rewards within Tangent Protocol’s NFT Farm (mainnet launch scheduled for Q1 2023) as well as access to exclusive events for future campaigns and mints. Each NFT is hand-drawn, taking in excess of 16 hours, with hidden riddles for the collector to decipher.
The project offers the perfect start for any digital art collector looking to dive into something out of the ordinary and more conventional investors searching for returns beyond potential price appreciation. All NFTs will go on sale on February 3rd with minting costs set at a competitive 190 ADA (approximately 60 USD). Tangent Protocol has partnered with NMKR, the leading NFT tooling option on Cardano for their mint. “Using NMKR’s robust toolset will allow for smooth, safe transactions whilst also opening up to payments accepted by credit or debit card; a novel approach for such an NFT launch”, explains Ben Gordon, COO.
Each NFT has a different staking power within the NFT Farm, according to their individual rarity and edition (Gold, Silver or Bronze), and the minting is randomly assigned to each user in a lucky draw format. Within each digital asset, there are hidden riddles for the collector to decipher. Holding each NFT will allow the collector to access locked, private groups within Tangent Protocols private Discord server and even an airdrop entitlement at a later date. Here is an example of the possible rewards that are up for grabs when holding a Hoskinson Gold edition NFT from the Cardanaires.
Art lovers and blockchain enthusiasts will revel in curated artwork, which combines traditional elements with distinctive complexity and enigmas inspired by mathematics, eastern spirituality, and the contribution of each Cardanaires within society. Commenting on the launch of this unique project, Japan-based bohemian artist Kwrtz said: “The opportunity to create something that promotes empowerment through connection was really what sparked this journey”.
Together with Tangent Protocol, he has created something that offers crypto investors returns beyond potential price appreciation but also access to exclusive events, farming rewards, and whitelisting to future campaigns and NFT mints.
“We aspire that the Cardano community of users feel as excited about what has been created as we do; 2023 is going to be huge for Cardano as a whole and for us as we build out the Tangent Protocol and cement ourselves as one of the most creative, art-inspired on chain projects” — Kwrtz added.
With each purchase, buyers will be issued NFTs from the Cardanaires Genesis collection and all pieces of artwork will come with staking capability via Tangent Protocols NFT farm.
“There will be no whitelist or early access mints available for the community, we want to keep things as open and fair as possible. We also want to be clear on where the money raised from the sale will go. 30% will go to our Artists, 30% to the continued development of the Tangent Protocol, and 40% to the Tangent DAO. We shall use NMKRs split payout system, showing which wallets are for which” explained Clint Alexander, CEO.
The DAO will be controlled by the NFT holders who will decide how the funds are allocated and utilized in the future via on-chain governance. The community will have the deciding vote via Tangent Protocol’s Twitter regarding the exact mint time closer to the launch. You can take part in this thoughtfully crafted artistic experiment by joining the public mint on the 3rd of February here.
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With Masters in Mass communication and journalism, Anjali’s interests lie in blockchain technology adoption across emerging economies.
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Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.
