Founder NFTs

Owners of Founder NFTs will receive an unlimited revenue stream from the platform for their contribution to the early development and promotion of Questfall. They are the only participants who will receive a portion (10%) of the weekly QFT issue forever for adding one-time value, as all other users must add value each week to receive another reward.

Platform	TBA
Address	Not yet implemented
Issuing	Founder NFTs can only be created as a result of the Initial Funding Event, so any NFTs not minted during the IFE will never be minted
Burning	1% of weekly QFT issuance will be used to purchase and burn Founder NFTs on the system auction
Utility	Infinite income stream for founders by distributing 10% of the weekly QFT issue
Supply	The total supply of Founder NFTs cannot exceed 6300 NFTs. A maximum of 4725 NFTs can be minted by the public during the IFE, while 1575 will be minted by the Team. Since not all NFTs can be minted by the public during the IFE, the initial supply may be lower. Also, as Founder NFTs are burned by the system, the total supply will decrease over time.
Circulation	Founder NFTs will be available for trading on any NFT marketplace, but Questfall will have its own marketplace where these NFTs will also be listed
Specifics	Founder NFTs of higher tiers (C, B, A) give access to the Founders Club Each NFT will grant its owner a certain amount of Gold and Silver during the first year of Questfall A wallet address can have any number of Founder NFTs The revenue stream is distributed by the Founder Points contained in each NFT The amount of Founder Points in an NFT increases with each rarity by x2.243 and is the same for all NFTs of the same tier

There are six rarity tiers of Founder NFTs, each of which contains a fixed amount of Founder Points that are used as the basis for QFT distribution each week.

Founder NFT	Points	Total Supply (max)	Total Points (max)
Common (F)	100	3200	320,000
Uncommon (E)	224	1600	358,400
Rare (D)	502	800	401,600
Epic (C)	1126	400	450,400
Legendary (B)	2526	200	505,200
Mythical (A)	5666	100	566,600

The 10% portion of the weekly QFT issuance will be distributed to all Founder NFT holders based on their share of Founder Points. Depending on the amount of NFTs minted by the public, there can be a maximum of 2,602,200 Founder Points. However, as the number of Founder NFTs decreases over time, the share of the remaining holders will increase.

Founder NFTs are a deflationary asset backed by a deflationary QFT. As such, we believe it is the best long-term investment vehicle in the market and will not be selling our NFTs for the foreseeable future. In fact, we see them as a good legacy for our grandchildren.

The QFT reward is accrued for the particular NFT, and to get actual tokens in the wallet, founders must claim them. There is no need to claim the reward each week as the rewarded tokens accumulate and can be claimed all at once.

The need to claim rewarded QFTs means that the tokens are not actually issued until they are in the founder's wallet.

Unclaimed tokens are sold or burned along with the Founder NFT.

During the first 50 weeks (almost a year), each owner of a Founder NFT will receive a certain amount of Gold and Silver. However, if the NFT changes hands, the Gold and Silver for the following weeks will go to the new owner of the NFT.

Founder NFT	Silver	Weekly		Gold	Weekly
Common (F)	100,000 ($100)	2,000 ($2)		20,000 ($200)	400 ($4)
Uncommon (E)	200,000 ($200)	4,000 ($4)		40,000 ($400)	800 ($8)
Rare (D)	400,000 ($400)	8,000 ($8)		80,000 ($800)	1,600 ($16)
Epic (C)	800,000 ($800)	16,000 ($16)		160,000 ($1,600)	3,200 ($32)
Legendary (B)	1.600,000 ($1,600)	32,000 ($32)		320,000 ($3,200)	6,400 ($64)
Mythical (A)	3,200,00 ($3,200)	64,000 ($64)		640,000 ($6,400)	12,800 ($128)

As a result, the price of Founder NFTs in the secondary market should include the value of Gold and Silver to be released in the future.

In addition to the Founders Club, Gold and Silver compensation, IFE participants will receive other bonuses, but they are tied to the wallet address, not the NFT. Learn more.