Upcoming Public Test

Toniq Labs
3 min readAug 5, 2022

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On August 5th 2022 at 3PM UTC we will run a live test of our new pricing groups launch code. Following a successful mint we can start getting projects up and running with the latest and greatest.

Artwork by “Not Dominic Williams”

We wanted to make this as fun as possible, so we enlisted the help of a very special community member @notdominicwilliams, who has agreed to let us use his recent artwork as the asset users will receive upon mint, there will be 1000 total NFTs in this collection. 980 will be of the original drawing and 20 are unique variations.

Top 300 Entrepot users whitelisted

The sale is set up with a five pricing group model. In order to properly test whitelisting we identified the top 300 Entrepot users. Accounts with >170 ICP in marketplace volume and >170 ICP in launchpad volume were ranked by geometric mean. To check if you are on the list see here.

Pricing Group Timeline

3:00 PM UTC

Groups Open: Top 50; Top 150; Top 300

If you are in the top 50 of all Entrepot users you will be a member of all three pricing groups and can choose to purchase from any of the groups while they are still active.

3:05 PM UTC

Groups Close: Top 50; Top 150; Top 300

Group Opens: Top 300 No Limit

The “Top 300 No Limit” group allows anyone in the top 300 to mint an unlimited number of NFTs each until 100 NFTs have been minted in total by the group. Meaning at most 100/300 users will successfully mint from this group.

3:10 PM UTC

Group Closes: Top 300 No Limit

Group Opens: Public

At this time the whitelist will be officially over. The amount available for public sale will be at least 15% of supply, more if not all NFTs were purchased during the whitelist period.

The bulk buy options during the public sale have been set with an increasing price per unit rather than decreasing. Meaning you get a better deal when buying 1 vs buying 20.

4:20 PM UTC

Group Closes: Public

This will be the final pricing group to end, marking the official end of the sale. Unsold NFTs will be transfer to notdom.

Additional Information on Pricing Groups

Note: There is no longer any functionality restrictions between public and private groups. Meaning all parameters can be set with either a public or whitelist groups (bulk buys, address limits, etc).

Name

  • Public group name, will show on the launch page. Recommended to use either a descriptive name “Public” or name that community members are aware of “OG Cats”

Private/Public

  • A group can be public or private (whitelisted)
  • You can have as many groups of each type as you like

Individual wallet limit

  • Max number of NFTs that a single wallet may purchase from this group
  • If unlimited leave blank

Group NFT limit

  • Max number of NFTs that can be purchased from this group
  • If unlimited leave blank

StartDateTime

  • When users may begin to purchase from this group

EndDateTime

  • When users may no longer purchase from this group

Price

  • Price in ICP for 1 NFT

Bulk Buys

  • Optionally allow users to buy multiple NFTs in 1 transaction with optional price difference

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Toniq Labs
Toniq Labs

Written by Toniq Labs

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