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Our main goal is simple. Experience first-hand the process of raising capital through the sale of NFTs and take note to improve the value proposition of the application that we are developing (FUNDaily).
Our secondary goal is to create a community of early adopters to benefit from exclusive privileges and with whom to co-create the application while together we test experimental software before launching it on the market.
FUNDaily is a decentralized crowdfunding platform that leverages NFT technology to improve the user experience.
In the FUNDaily application, the Campaign Creators will be able to publish campaigns to raise the necessary capital to carry out their projects through the sale of NFTs.
On the other hand, people willing to finance their favorite projects will be able to buy NFTs that have exclusive functionalities within the FUNDaily NFT ecosystem.
The OG Capital Club is an exclusive group created to house venture capitalists who will enjoy special benefits within our decentralized crowdfunding application.
There are 9 different classes of OGs.
The OGs are mainly differentiated by the PURCHASING POWER in EARLY ACCESS TO NFT SALES they will have within the application.
Also the GUARANTEED ALLOCATION IN THE PRE-SALE OF VC TOKE and for the minting event by which these can be obtained.
Each fundraising campaign within FUNDaily will have two phases:
- Early access phase. This is accessible only to members of the OG Capital Club.
- Public phase. An open phase in which the general public can participate. The OGs can also participate again in this phase if they wish.
When a campaign creator wants to raise money through the FUNDaily app, they must first define the amount they want to raise and divide it into equal quantities, which will determine the price and amount of NFTs the campaign will sell in order to reach their fundraising goal.
Example: A campaign creator wants to raise 288 ETH (~$1,000,000), by putting 10,000 NFTs up for sale. This results in a price of 0.0288 ETH (~$100) per NFT.
Once a fundraising campaign is approved, it will automatically open an early access phase one day before the sale to the general public, in which 50% of the available NFTs will be put up for sale.
Following the example where a campaign creator wants to raise 288 ETH (~$1,000,000), by selling 10,000 NFTs at a price of 0.0288 ETH (~$100) per NFT.
The early access phase will make 5,000 NFTs available for early purchase only for members of the OG Capital Club. Once the early access time is over, the sale to the general public of the remaining 50% of the supply plus the remaining NFTs from the early access phase will be opened, if applicable.
OGs will be able to participate in both early access and public sales.
Although all the OGs are NFTs with high artistic value and with a utility value that will continue to increase, the OGs at auction have fundamental differentiators:
- Completely original and individual handmade illustrations.
- They are rarer and limited classes.
- Attributes are superior.
OG purchasing power in early access to NFT sales and guaranteed allocation in VC token pre-sale are significantly higher as rarity level increases and these rarer ones can only be acquired through auction .
The NFT purchase power in early access can be increased for all classes up to a maximum of 10%.
The way to increase these attributes will be revealed when the app goes live.
The OG Capital Club collection will be released on the Ethereum blockchain.
Ethereum is a blockchain-based platform best known for its native cryptocurrency, ether, sometimes known as ETH or just ethereum. Learn all the details at their website.
Metamask is a cryptocurrency wallet for Ethereum. To buy and mint a OG Capital Club NFT, you'll need it. A wallet provides you with an Ethereum address (for example, 0xZaXb....9172), which is also where your NFT is saved. Here's where you can learn more about Metamask.
"Non-fungible" basically indicates it's one-of-a-kind and can't be substituted with anything else. A bitcoin, for example, is fungible, meaning you can exchange one for another and get precisely the identical thing. A one-of-a-kind trade card, on the other hand, cannot be duplicated.
You need ETH to pay for the OG NFT and to pay for gas fees. ETH is the currency that runs the ethereum blockchain,
Gas is the fee you pay for computing your transaction.
Users pay gas fees to compensate for the computer power needed to process and validate transactions on the Ethereum network. The greatest amount of gas (or energy) you're willing to spend on a transaction is referred to as a "gas limit."
Suggestions:
- Increase the transaction gas price, which should be at least 4 gwei.
- You can choose to increase the gas price and try again if the transaction has timed out. However, to avoid double spending, please double-check transaction data on etherscan.
- Users can update their Web3 node to https://infura.io if they choose.
If your Metamask transactions become stopped or refused, check to see if your balance is sufficient and that your gas price and limit are ok; if they are, you may have a problem with an erroneous nonce value.
To fix this, you'll need to reset your Metamask account, which will cause it to update the transaction history from the network (don't worry, your funds and keys are safe) and calculate the right nonce value in the process.
To reset your account, follow these steps:
1. In MetaMask's top-right corner, click the Account Icon.
2. Select Settings.
3. Select Advanced.
4. Scroll and click. Reset Account.
This fee is paid to miners or validators who help secure the blockchain by processing transactions, validating them into blocks, and securing the network.
To perform transactions on the Ethereum network, you'll need gas. You must pay for the computation when you send tokens, interact with a contract, send ETH, or do anything else on the blockchain. Gas is always paid in ETH, so that payment is calculated in gas.
The OG Capital Club collection is built using the ERC-1155 standard developed by Enjin.
ERC-1155 is a multi-token standard that allows smart contracts to be deployed for fungible, non-fungible, or semi-fungible tokens. ERC-1155, like ERC-721, allows individual tokens to have their own metadata and other features. However, ERC-1155 is the next generation of token standards, allowing various token kinds to be transferred at the same time. As a result, ERC-1155 eliminates the requirement for token contracts to be approved independently, lowering transaction costs and time.
Furthermore, ERC-1155 allows for atomic exchanges or escrow trading of tokens, as well as the description or mixing of several token kinds within a single contract. Learn more about ERC-1155.
Semi-fungible tokens can now be converted and traded. ERC-1155 allows for the deployment of semi-fungible tokens in addition to the regular fungible and non-fungible tokens. Semi-fungible tokens can be turned into fungible tokens or vice versa.
Multiple token kinds can be deployed in a single smart contract. Traditional token standards (ERC-20 and ERC-721) required each non-fungible or fungible token to have its own smart contract. The ERC-1155 token standard, on the other hand, allows users to deploy an unlimited number of token kinds (NFT, fungible, and semi) under a single contract. It also allows for large-scale token transfers within a single smart contract. ERC-1155 enables for the quick transfer of cash and tokens by allowing several token IDs to be combined into a single transaction. For example, an ERC-1155 smart contract containing fungible and non-fungible tokens issued by an artist reduces the effect on the network and speeds up transaction times.
Transactions are safe and secure. The feature of checking a valid or invalid transaction is available in smart contracts that use the ERC-1155 token standard. If the transaction fails to complete, the feature ensures that the tokens are returned to the issuer's wallet. Furthermore, this functionality prevents the token from being sent to the incorrect address and allows for secure and hassle-free token transfer. ERC-1155 also keeps track of everything from the time a token is created until the time it is burned.
Other advantages are:
- Low gas fee.
- Enhanced DEX (decentralized exchanges) support.
- Less workload.
- Dynamic meta-data.
Learn more about ERC-1155 advantages in Archana Shivkumar's article.
Yes, traits are randomly generated using our smart contracts and a predefined rarity rate for each trait.
Your OG Capital Club NFT will go to the address or associated wallet that you used to purchase it.
10,000 OG Capital Club NFTs will be minted.
No.
10 will be airdropped to winners of the referral competition.
2500 will be airdropped to personalities inside and outside the crypto community selected by the members of the OG Capital Club, winners of hackathons and as a reward for users who discover secret milestones in the app
69 are for the founding team.
7400 will be sold on minting day.
21 will be auctioned on the eve of the launch of the FUNDaily app.
There will be three. Sale, auction and airdrop.
The OG Push class will be airdropped to referral competition winners prior to the launch of the FUNDaily app.
The OG Hack class will be released during the lifetime of the FUNDaily app to prominent personalities selected by OG Capital Club members and as rewards for application to users who achieve a limited number of hidden milestones within the application and hackathon winners.
The OG Deals class will be sold.
The OG Common, Uncommon, Rare, Epic, Legendary, and Unique classes will be auctioned on the eve of the FUNDaily app launch.
Ether (ETH) will be the only currency accepted as payment for the OG Capital Club NFTs.
The PRE-SALE price is 0.1 ETH + gas.
The SALE price is yet to be announced.
And the initial AUCTION prices are yet to be announced.
In PRE-SALE you can mint up to 2 NFTs per wallet.
In SALE you can mint up to 3 NFTs per wallet.
In AUCTION you can only buy one at a time.
The only way to secure an OG is by being one of the winners of the referral competition. Details will be shared in due course.
You can also increase your odds by joining the whitelist, details of which will be shared shortly.
Yes, you can.
The exact day and time of minting will be announced on its eve.
Yes, rarity matters for the quality of benefits you'll enjoy.
A page dedicated to the indexing of rarities will be activated in due course.
The founding team keeps 69 NFTs from the OG Hack class.
OG Capital NFTs will be tradeable on the largest available NFT markets. To list them, you must follow the procedures required by each platform.
