Based Koalas is a unique, purposeful and mission driven project designed to merge the world of digital art with real-world impact. Our collection of 5,000 hand-drawn, 1:1 layer-generated NFTs featuring koalas will be minted on the Base blockchain. With a commitment to sustainability, Based Koalas aims to contribute to the conservation of koalas in the real world, making a tangible difference to a species that is currently under threat.
Project Overview
- Project Name: Based Koalas
- Total Supply: 5,000 NFTs
- Mint Price: FREE
- Blockchain: Base
Art and Design
The Based Koalas collection features 5,000 hand-drawn NFTs that, while not exactly museum-worthy, have a certain charm that's hard to resist. Created by Jack Skills, our koalas are designed with a variety of layers and traits, ensuring that each one is unique. Whether that's a good thing or not is up for debate. Think of it as a quirky, digital representation of the koala species, captured in all its slightly awkward, endearing glory. While our art may not win any awards, it’s packed with personality and driven by passion, that’s what really matters, right?
Mission and Vision
The mission of Based Koalas is to create a sustainable and lasting impact on koala conservation efforts. As a species that faces numerous threats, including habitat destruction, climate change, and disease, koalas need our support now more than ever. By leveraging the power of NFTs and the Base blockchain, we aim to make support the conservation of koalas on all fronts.
Our vision is to build a community of like-minded individuals who are passionate about both digital art and wildlife conservation. Through this project, we seek to foster a deeper connection between the digital and natural worlds, using technology as a force for good.
Royalties and Treasury
Based Koalas is committed to supporting the conservation of koalas and operating on a zero-cost model. We have implemented a 5% royalty on all secondary market sales. 100% of all royalties are used to build the Based Koalas treasury, helping us become more "based."
Our strategy is to utilize any revenue generated from royalties to build our Based Koalas treasury. This treasury will be kept in safe, blue-chip asset liquidity farms, such as wBTC, wETH, and stable coin pairs. By maintaining a strong and secure treasury, we ensure the long-term sustainability of the project and its contributions to koala conservation.
Blockchain and Technology
Based Koalas will be minted on the Base blockchain, a secure and efficient platform that aligns with our commitment to sustainability. By choosing Base, we ensure that our project benefits from the low transaction fees and robust security features of a cutting-edge layer 2 EVM chain. Base is also a network with small carbon footprint, making it an ideal choice for environmentally conscious initiatives.
Minting Process
The minting process for Based Koalas is designed to be accessible and inclusive. With a total supply of 5,000 NFTs and a mint price of free, we aim to lower the barrier to entry, allowing more people to participate in this meaningful project. The free minting model also aligns with our ethos of giving back to the community and supporting a cause greater than ourselves.
Utility and Impact
Based Koalas NFTs are not just digital collectibles, they are symbols of commitment to the conservation of koalas. In addition to supporting conservation through our royalty model, Based Koalas holders will gain access to exclusive Based Koala staking, community events and opportunities to participate in decision-making processes for future contributions and initiatives through our governance model.
Roadmap
Our roadmap outlines the key milestones for Based Koalas and our plans to ensure the project's success and impact:
Phase 1
- Finalize artwork.
- Generate 5,000 NFTs. (artwork & metadata)
- Launch website and social media channels.
Phase 2
- Community building & whitelist giveaways.
- Finalize minting platform.
- Upload & Finalize NFTs and contact.
- Announce launch date.
Phase 3
- Community building & whitelist giveaways.
- Free minting event on Base.
- Collabs & Giveaways.
Phase 4
- Mint Based Koalas Governance coin. [KOALA]
- Announce $KOALA launch date.
- Introduce new staking utility features for Based Koalas holders.
Phase 5
- Begin making contact with Koala organizations.
- Curate a list of possible conservation efforts.
- Explore options for possible conservation partners.
- Collabs & Giveaways.
Phase 6
- Announce first governance event details.
- Host first governance event.
- Make first real world conservation contributions.
Phase 7
- Explore opportunities for future collections or expansions
Our Based Koala Governance Coin [$KOALA]:
As part of our commitment to decentralization and community-driven governance, we are introducing the Based Koala Governance coin [KOALA]. The $KOALA token serves as the governance token of the Based Koalas ecosystem. The only way to attain our governance token is through loyalty and commitment to the cause, proven by holding and staking your Based Koala NFTs.
$KOALA Tokenomics:
- 100% - Based Koala NFT staking.
$KOALA Inflation Rates:
Year: 50%
Year 2: 25%
Year 3: 12.5%
Year 4: 6.25%
The $KOALA token will empower our community to have a say in the project's future, including decisions about treasury management, conservation partnerships, and potential expansions.
Conclusion
Based Koalas is more than just an NFT project; it is a movement to protect one of the world’s most beloved species. By bringing together art, technology, and conservation, we hope to inspire others to take action and make a difference. Join us in this journey, and together we can help ensure a future where koalas continue to thrive.
Disclaimer
Based Koalas is a community-driven project with a focus on sustainability and conservation. While we aim to make a positive impact, the future of the project is dependent on market conditions, community participation, and the successful execution of our roadmap. Participants should engage with the project with a clear understanding of the risks involved, and nothing in this white paper should be construed as financial or investment advice.
