ANNOUNCEMENT of BAGC. REVEAL. - Ready to BAGC is proceed to the Final Reveal phase.
15 Feb 2023, 13:52
ANNOUNCEMENT of BAGC
1. REVEAL
- Ready to BAGC is proceed to the Final Reveal phase.
- The Final Reveal will burn the existing Ready to BAGC NFT and issue two NFT for each final BAGC:
1. BAGC PFP NFT.
2. Merch NFT.
- The number of Golf CC (Country Clubs) usage tickets according to each class (see our BAGC announcement for a detailed breakdown) will be represented as Trait. Additional information on how to book your golf round will be forthcoming soon and it’ll also be a part of the APP from our partner who handle this for us.
2. BAGC PFP
- BAGC PFP is an NFT that is the core of IP Management business. The rights to each NFT IP are held by the owner. ALTAVA Group will develop business using BAGC IP, and in this process, it will borrow and use BAGC IP of holders and share profits.
3. MERCH Redeem
- At the first revival, you will receive MERCH Redeemable NFT together. The grade of Merch NFT depends on the class of BAGC you have.
- MERCH NFT can be redeemed through application. IMPORTANT: There are only two periods: March 1-30, 2023 and September 1-30, 2023.
- If the redeem application is not made by the end of September 2023, the Merch NFT will no longer be valid.
4. Gitbook
- BAGC does not have a Whitepaper yet. Therefore, we are creating a Gitbook to show and update BAGC's roadmap and core utilities. We plan to share the draft of the Gitbook with you along with the final release in the next week.
5. FNCY
- Users who minted in FNCY Network cannot select hats or backgrounds separately. These traits will be assigned randomly. We will share more information on reveal for FNCY users soon(also, FNCY team will announce about it, too).
6. IP Management
- This is arguably one of the revolutionary business model in NFT to date. We have written about it.
- We are coordinating with our partner to conduct an AMA specifically on this topic in the next 2 weeks.