Nooties

NOOties is a pfp collection that has the goal to bring #memecoins and #NFT entushiasts together, by creating a vibrant and dynamic community. Also empowering the holder with comercial rights. With tokenomics tied with Noot each project helping boosting each other.

Also for boosting engagement each of the 5000 Nootie has its own history and adventure within the NFT!!!

Looking ahead altough this is a cute Penguin NFT, the team was concerned about creating fair tokenomics that would boost community engament.

Exploring Tokenomics and Looking Ahead: At $NOOT, we believe in building a sustainable and thriving ecosystem for our community. Let’s take a closer look at the tokenomics that underpin our project and the future plans we have in store:

Marketing (20%):

A substantial portion of the proceeds will be allocated to comprehensive marketing campaigns aimed at expanding the reach and awareness of $NOOT and the NOOTIES collection. We want to ensure that more people can discover and appreciate the creativity and value of our NFTs. 📈

Development (25%):

Investing in the continuous development of the $NOOT ecosystem is crucial for its long-term success. We will allocate resources towards improving the user experience, launching new features, and exploring partnerships to enhance the overall ecosystem. Our goal is to provide a dynamic and engaging platform that supports both creators and collectors within the $NOOT community. Furthermore, we are committed to supporting artists within our community to launch their own NFTs in the future, enabling them to reach a wider audience. Stay tuned for exciting updates and enhancements!

Artworks (5%):

We deeply value and respect the artists who contribute to our NOOTIES collection. As a gesture of appreciation, 5% of the proceeds will be dedicated to rewarding the talented artists behind this amazing collection. Their creativity is what makes NOOTIES truly special!

Buyback and Burn (50%):

Half of the proceeds from the sale of NOOTIES NFTs will be allocated to buyback $NOOT tokens from the market. This mechanism helps create upward pressure on the token’s value by reducing the circulating supply. The buyback fraction will be split as follows:

Buyback and Burn (12.75%): Moreover, 12.5% of raising funds will be allocated to buyback and burn $NOOT, which will support and create a big momentum. This approach aims to enhance the scarcity and potential value of $NOOT tokens.

NFT Staking (18.75%):

To incentivize long-term participation and engagement, we have dedicated 18.75% of the proceeds towards an NFT staking program. By staking their NOOTIES NFTs, holders will earn additional $NOOT rewards, fostering a vibrant and loyal community.

Prize Pot (18.75%):

We value community involvement and want to reward our supporters. Thus, 18.75% of the proceeds will be allocated to a prize pot. Through exciting competitions and giveaways, we will distribute these funds among the community, encouraging active participation and fostering a sense of camaraderie.

We expect buy pressure for $NOOT token from NFT and exposure to the new communities Royalties: We want people to trade and experience the thriving of collecting their best traits while also giving value to the entire ecosystem. To create a vibrant and exciting ecosystem, the trading tax for Nooties will be 5% below the average trading fees on the BNB chain for NFTs.

70% Will Refill the Nooties Staking Pools: To maintain the vibrancy and engagement of our community, 70% of the royalties will be utilized to refill the Nooties staking pools. This ensures that the staking rewards remain attractive and provides ongoing incentives for long-term participation. By staking their NOOTIES NFTs, holders can earn additional $NOOT rewards and contribute to the growth and sustainability of the $NOOT ecosystem.

15% Buyback and Burn $NOOTs: Continuing our commitment to creating value for $NOOT token holders, 15% of the royalties will be used to buy back and burn $NOOT tokens from the market. By reducing the circulating supply, this mechanism helps to increase the scarcity and potential value of $NOOT over time.

15% Artist and Team: We strongly believe in recognizing and rewarding the talent and efforts of the artists and team behind the NOOTIES collection. Therefore, 15% of the royalties will be allocated to the artists and team members involved. This ensures that their contributions are acknowledged and valued within our community.

By implementing this royalty distribution structure, we aim to create a fair and rewarding system that benefits the artists, token holders, and the overall community.