The Holy Ones NFT FAQ
The Holy Ones FAQ
Official launch / mint date is February 22nd, 2022 at 22:22 UTC.
What is “The Holy Ones” Project?
The Holy Ones is the name of an NFT collection created with the ambition of building a community passionate about the endless possibilities unlocked by Blockchain Gaming. By owning a Holy One NFT, you immediately become part of the community and get access to The Holy DAO and the ability to receive access to royalties (done with commercial ip liscence) from The Holy Ones’ commercial intellectual property.
What blockchain are these NFTs minted on?
The NFTs are minted on ERC-721 compliant contracts deployed to the Ethereum blockchain. This is the “gold standard” and most widely-supported format for digital collectibles.
What's the story behind The Holy Ones?
The Holy Ones’ characters represent prophets and divine beings from major world religions. They symbolise a message of freedom of expression in the decentralized world, inclusivity to all, and having a blast while you’re at it. The Holy Ones walk the talk while showing the world it is high time to take it easy – the suit era is officially over.
Who created The Holy Ones?
The Holy Ones are the brainchild of Holy Papa and Lansky, brought to life by the talented team at MetaSkin Studios. Click here. to see the rest of the makers involved in this project.
How many The Holy Ones NFTs are there?
There are 6,666 unique The Holy Ones tokens in this inaugural collection. No two Holy Ones are the same.
How can I buy a Holy Ones NFT?
Primary sale of The Holy Ones NFTs will be on our minting site at TheHolyOnes.io on February 22nd, 2022 at 22:22 UTC. The Holy Ones’ NFTs will appear on secondary marketplaces like OpenSea or similar sites for resale purchase. The Holy Ones NFTs will adhere to the ERC-721 standard.
Can I resell my Holy Ones NFT?
Yes. You can resell The Holy Ones tokens on NFT marketplaces such as OpenSea and similar sites. If a Holy Ones NFT is resold, there will be a 10% royalty fee. 2% of the royalties (done with commercial ip liscence) will be granted into The Holy DAO.
How do I purchase a Holy Ones NFT?
To purchase a Holy Ones NFT, you will need to follow two essential steps.
- First, you will need to buy ETH from a cryptocurrency exchange such as Coinbase, Gemini, or Binance.
- Once you have completed that step, you will need to transfer your ETH into a non-custodial digital wallet like MetaMask, Portis, or WalletConnect compatible wallets. These wallets connect to The Holy Ones website and allow you to purchase an NFT.
Features, Utility, & Income
What is special about The Holy Ones NFT?
Several factors make this project stand out from the crowd:
- Kick-ass 3D art with a divinely inspired subject matter.
- ALL minting profits are granted into a treasury, which The Holy DAO manages. All who hold a Holy Ones NFT are voting members that will control this treasury to invest in Blockchain gaming, NFTs, and Metaverse assets.
- Holy Ones NFT holders will be able to earn royalties (done with commercial ip liscence) from their NFT’s intellectual property.
- The studio behind the project (Metaskins Studios) has a proven track record in the metaverse by managing The Aquarium Casino in Decentraland. A portion of the profits on The Aquarium will be granted into The Holy DAO Treasury as well.
- A Metaverse gaming roadmap is already in motion.
Or in other words, this is the perfect combination of creativity, utility, and ownership you have been looking for in an NFT project.
What is The Holy DAO?
DAO stands for Decentralized Autonomous Organization. This idea was popularized in 2016 but has been circulating within the crypto community since the creation of Bitcoin. The core idea behind a DAO is to establish an organization that can fully function without hierarchical management thanks to a set of rules initiated and accepted by all the stakeholders and participants of a DAO.
The Holy DAO is the community formed by Holy Ones NFT owners who control the treasury that profits from the NFTs’ primary and secondary sales. By bringing forth proposals and voting on them in the DAO, the NFT holders can guide and control the use of the treasury funds.
How will the DAO Treasury be used?
This decision is for the community to make by raising proposals and voting. The mission statement is to invest in blockchain games that will expand the Holy Ones’ gaming ecosystem. The bigger the ecosystem – the higher the royalties (done with commercial ip liscence) paid to the NFT holders.
Other treasury activities can include investing in NFT trading or organizing play-to-earn gaming initiatives. These actions can increase the cash flow into the treasury and the development of more royalty-earning blockchain games.
How can NFT holders earn royalties (done with commercial ip liscence)? Is this passive income?
The Holy Ones NFT project has cracked the code for getting you passive income from your NFTs by creating an innovative royalties structure (done with commercial ip liscence) that opens up new possibilities for NFT holders. Here’s how it works:
- When you mint your Holy Ones NFT you receive the unique NFT token and image generated at the mint in your wallet.
- With the art, you also receive copyrights for the personal use of the artwork of your NFT.
- By yielding the copyrights back to the project, you gain the right to earn 20% royalties (done with commercial ip liscence) from all blockchain games and developments that will utilize The Holy Ones’ intellectual property.Example of The Holy Ones game:
- PvP Rock, Paper, Scissors on the Blockchain for Metaverse and Web3 (in development)
- PvP Rock ’em Sock ’em on the Blockchain for Metaverse and Web3 (in development)
- Many, many more!
Yes, this is passive income from your NFTs. But by being active in the DAO you can help make dreams come true and earn even more while at it.
What are NFTs?
Non-fungible tokens, or NFTs, represent unique digital items that cannot be duplicated, divided, or turned into other items. Each token is created and stored on a blockchain, guaranteeing its fidelity, authenticity, and security. (Learn more about the blockchain here.)
To understand what non-fungible means, it is easier first to get to know what fungible means. Fungible goods are interchangeable; they are not unique. Your $5 bill is practically equivalent to any other $5 bill; you could switch them without influencing their value. It does not matter which specific $5 bill you use in this or that purchase.
Art, on the other hand, is non-fungible. You cannot switch “Mona Lisa” by Leonardo da Vinci with “The Last Supper.” You cannot also interchange the original “Mona Lisa,” hanging in the Louvre in Paris, with that high-quality print you got at the museum’s gift shop. Their value is intrinsically different.
For our Holy Ones, we use non-fungible tokens built on the ERC-721 standard. They represent unique pieces of artwork that, due to their individuality, are not inherently equal in value.
How can a piece of digital art be unique? Can’t someone just make a copy?
Sure, digital artwork can be copied by anyone with a web browser. But that doesn’t mean the original artwork isn’t unique.
Take, for example, Leonardo da Vinci’s “Mona Lisa,” which is property of The French Republic and on permanent display at the Louvre museum in Paris. The painting itself is priceless. Yet the museum itself sells “high-quality” print reproductions, plus tons of Mona Lisa merch — t-shirts, totes, cocks, kitchen
towels, scarves, and more.
Neither the prints nor the swag reduces the value of the original. In fact, one might argue they drive value to the original canvas by making it one of the world’s most famous paintings.
Similarly, when you mint a Holy Ones NFT you are getting the real deal. The authenticated original. No right-click save can ever change that.
In addition to that, with your Holy Ones NFT comes the ability to earn royalties (done with commercial ip liscence) from its intellectual property. This income-generating perk is unique for the NFT holder and cannot be copied, only sold with the NFT itself.