❓Mint/Project FAQs
1. Nikeverse NFT Basics
What is the total supply of Nikeverse NFT?
5,555
Mint Price?
$50 USD in ADA or $NIKEPIG
Why $50 USD, how are mint funds being used?
Revenue from the Nikeverse NFT mint will be strategically invested into yield farming on SundaeSwap, leveraging ADA and $NIKEPIG liquidity pools to boost liquidity for $NIKEPIG, drive sustainable growth, and generate consistent rewards for holders.
2. Minting Currency and Process
Is the mint in $ADA or USD?
The mint price will be set in $ADA and $NIKEPIG, equivalent to $50 USD on the day of the mint.
Can I mint the NFT with both $NIKEPIG and ADA?
Yes, you can mint the NFT with $NIKEPIG and ADA during all phases of the mint. However, only 25% of the 5,555 NFTs (1,389 NFTs) can be minted using $NIKEPIG. Once this allocation is reached, the remaining NFTs must be minted exclusively with ADA. Mint early if you want to use $NIKEPIG. It’s first-come, first-served until the 25% limit is hit!
3.White List (WL) Details
Is there a WL Discount?
No, all Nikeverse NFTs will be priced equally at mint! Both the WL and Public sales will feature the same price. The WL gives you early access to mint hours before the public, along with a higher minting limit.
How do I get a WL?
The best way to find out more is by joining our Discord!
How many Nikeverse NFTs can I mint with my WL?
10
How long will I have to mint with my WL?
The WL mint will run for 4 hours, starting with a 3-hour exclusive minting window for $NIKEPIG holders before the public mint begins.
4. Public Mint and Timing
Will there be a public phase of the mint?
Each WL allows up to 10 mints, as long as the WL phase hasn’t sold out. Keep in mind, some WL holders may miss the chance to mint if the limit is reached.
WEN Mint?
TBA
Where will the mint take place?
TBA
5. Wallet and Viewing NFTs
Do I need a Cardano Wallet to mint Nikeverse NFTs?
Yes. We recommend any of the following wallets:
Eternl: https://eternl.io/
Vespr: https://vespr.xyz/
Tokeo: https://tokeopay.io/
➤ NOTE: (VESPR and TOKEO can be used for mobile minting, but you must open the mint URL INSIDE the VESPR/TOKEO app browser.) Where is the best place to see my Nikeverse NFTs after mint?
To view your Nikeverse NFTs, simply enter your wallet address or handle here: https://pool.pm/search/
6. Mint Revenue Allocation
What portion of the total mint revenue will go towards yield farming?
70% of the mint revenue will be allocated towards yield farming, ensuring maximum returns and liquidity growth.
30% of the mint revenue will be reserved for project development, including funding for key initiatives such as CEX listings, artist payments, staking website development, and other essential advancements.
7. Yield Farming and Rewards
When Does NFT Yield Farming Start?
NFT yield farming will officially begin 60 days after minting is completed. This growth period allows time for liquidity setup and optimal allocation.
How will this Yield revenue be distributed?
10%: Reinvested into $NIKEPIG yield farms.
15%: Distribute to staked Nikeverse NFT holders.
10%: Allocated to The Pig Pen for innovative projects aligned with NIKE’s values.
20%: Dedicated to project development
45%: Invested in blue-chip yield farms and other passive income opportunities.
When Are the First Yield Rewards Distributed?
Your first yield rewards will be distributed 60 days after you start staking your Nikeverse NFTs. This growth phase applies individually, so each staker’s waiting period begins from their staking start date. Afterward, rewards will be distributed monthly based on the allocation structure.
8. Treasury and Royalty Proceeds Breakdown
Is the main Nike project going to mint Nikeverse NFTs? Nike team will mint 50 Nikeverse NFTs using our main treasury fund for future promotions. How many percent is the royalty on secondary sales? We will implement a 10% royalty on all secondary market transactions. How will the royalty proceeds be used?
10%: Reinvested into the $NikePig Yield Farm
20%: Allocated to The Pig Pen for innovative projects aligned with NIKE’s values.
30%: Dedicated to project development
40%: Invested in blue-chip yield farms and other passive income opportunities.
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