Yes, every Bear Drop has an attributed weight, the value of which is equivalent to that of gold.
The redeemable gold weight is a minimum total of 10 grams. Single coins under 10g can be exchanged for their equivalent gold value in SOL or USDC. Redemption will be available in Q4, 2022.
When a Bear Drop is redeemed for gold, the NFT gets burned, and the supply is reduced.
Saints is in possession of the total amount of gold, secured in an undisclosed world-class storage facility located deep underground in one of HongKong’s most secure vaults.
We are exploring a limited run of physical gold coins featuring Bear Drop designs, exclusive to Coin holders. More details will be made available when redemption goes live in Q4, 2022.
There will be future Saint Coins with unique art and will vary in collection size and weight, depending on the milestone or occasion.
Coin holders will receive limited access to The Park and occasional access to token-gated merch and events.
No, IP is not granted on Founders Coins. Saints holders will receive their own graphic pack of their bears as part of our IP pack.
0%. Moving forward, the will be no royalties on Saint Coins. All royalties previously collected from Founders Coins trading will be donated to a charity of the community's choice.
Coins are distributed randomly. Design attributes and gold values are not assigned in relation to the original Saints NFT.
No, the visual design and rarity of the coins are not related.
There are many scams active be wary. The safest way is to connect your wallet to Magic Eden to see it as a Verified Collection