Tokenomics

The unique tokenomics of Wild5 reflects the long term vision of the team.

It's important to know that because of the tokenomic model we have developed, we will be minting the entire collection off-chain before going to market. We will be storing unreleased NFTs on a cold wallet and release sections as laid out in our tokenomics.

The collection will be made available in release batches and we use the term "mint" instead of "release", for legibility and simple understanding.

Because of the deflationary nature of our tokenomic model, we have opted for a large volume strategy. The collection consists of 50 000 NFT’s, presenting 10 000 of each variant.

During the first year only 10k NFT’s will be made available for mint, and consequent batches will become available for mint as holders mark their NFTs as being Decanted, i.e. changing the state of the metadata of the NFT via the Wild5 website—a user-driven mechanism that establishes a deflationary tokenomic system, enhancing rarity and value over time.

When holders mark 35% of the initial amount of minted NFTs, as Decanted (35% of 10k), then 30% of the same amount will be made available for mint at the next release.

This 35% Decanting and 30% Release for mint, will continue for 19 Cycles until the last 3833 will be made available for the final mint event. The model will also ensure that supply will always be decreasing - bar the last mint - and diamond hands wanting to sell years from now, will own a phenomenally rare NFT.

Disclaimer: The complete collection is 50 000, but 400 is reserved for the competitions and airdrops, and 100 for the team