ADAFOX is an NFT community for Cardano. Its purpose is to provide a platform where NFT projects can be discussed. Through these discussions, NFTs will be bought and given for free to ADAFOX token holders. It is our mission to contribute to the growth and success of the Cardano ecosystem.
The ADAFOX token is a Cardano native asset with a finite supply of 10,000,000,000. It is the sole token of the ADAFOX community used for NFT giveaways.
We have a Foxpaper! Please click the link above.
Any personal wallet is fine. Daedalus, Yoroi, Nami, and Eternl are good choices.
The token provides a chance to receive free NFTs from the ADAFOX community. More tokens mean more of a chance of being selected.
The token will increase in value due to the desire to improve one’s chance of winning free NFTs. This will be especially so when the community gets very large, and thus the NFTs being given away become more valuable.
Trading fees will be the primary source. Sometimes the NFT treasury might be used for special occasions or boost the giveaways.
We will have community votes through polls. This will be through Twitter, Telegram, and Discord.
As the community grows, so shall the trading fees involved with the project. More money means more to spend on NFTs. So ideally, yes.
Just hold the ADAFOX token in a personal wallet. No exchanges! Winners will be posted on Twitter.
A snapshot will be taken of all ADAFOX holders at a random point in the month. The percentage of tokens over the overall supply will determine your chance of winning, and the winners will be chosen with a simple number generator.
Yes, and this will have to be adjusted according to the price of the token and the size of the community. We would likely aim to give the top 2,500 holders the chance to win. This, of course, can be adjusted later if needed.
sundaeswap.finance and minswap.org
The purpose of ADAFOX is to provide a community platform to discuss Cardano NFT projects and distribute NFTs for free using trading fees. This is something that it can do more or less from the beginning. The difference in the future will be a larger community with more trading fees and so larger NFT purchases. If the community desires it in the future, we could discuss making ADAFOX NFTs, merchandise, etc. For now, let’s keep the mission simple.
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