Last month we announced that The First Mint would be dropping an NFT. And now it’s finally happening!
This detailed overview of the drop will (hopefully) answer any questions you might have about our NFT. We highly recommend you read this brief in full before buying our NFT. If there is any information missing here or you have any additional questions, feel free to DM us on Twitter or email us at email@example.com
Date: Tuesday July 13th, 2021
Start Time: 3:00pm Pacific | 6:00pm Eastern
Price: $200 USD / 0.1 ETH
Total Supply: 550 NFTs (only 500 will be for sale)
WHO IS THIS NFT FOR?
That’s a great question. Check out this thread from LG regarding the who and what of the NFT.
WHAT YOU GET WITH THE NFT
Our NFT is called The First Mint DAY ONE. Those who buy one will receive:
- The First Mint OG T-Shirt (limited run)
- Access to The First Mint NFT-Gated Discord
- Early access to podcasts, partnerships, guests, and other content (via Discord)
- And of course, the DAY ONE NFT itself
TWO VERSIONS OF THE NFT
250 of the NFTs are white. 300 of the NFTs are black (including the 50 that will not be for sale). Both of them come with the same perks (T-Shirt, Discord, Early Access).
Each variant will hold its own Edition Number. Meaning the WHITE ones will be #1-#250, and the BLACK ones #1-#300. The Edition Numbers have no bearing on the value or future potential of the NFT.
However, each one will be sold on a different platform.
WHERE TO GET THE NFT
There are TWO places to purchase the NFT. Each one allows for a different payment method, and each will hold 250 of the 500 NFTs for sale.
PAYMENT: CREDIT CARD ONLY
PRICE: $200.00 USD
DAY ONE NFT: White
PAYMENT: ETHEREUM ONLY
PRICE: 0.1 ETH
DAY ONE NFT: Black
WHY SELL IN TWO PLACES?
Despite there being multiple NFT drops every week, releasing your own is no small feat when you want people to buy with more than just ETH. Our goal was to give ALL members of our community the chance to grab this NFT; and that means making payment available in both fiat (credit card) and Ethereum (crypto).
We wanted to launch on Bitski to ensure a smooth experience, and they do not currently accept ETH payments for their NFTs. Hence, they will be minting all of them on the same contract, and sending half of them to our external wallet to then be sold on OpenSea.
HOW BITSKI WORKS
Bitksi is a launch platform for NFTs.
To buy our NFT on Bitski, you will need to sign up for a Bitski account, which also provides you with a non-custodial Ethereum wallet. The Bitski Wallet functions very similarly to a MetaMask wallet (or Coinbase Wallet).
When you buy the DAY ONE, it will automatically be placed into your Bitski wallet. Once it holds the NFT, this wallet can then be used to sign in to the The First Mint Discord.
It may take a few hours for the NFT to display in your Bitski wallet. Be patient! It will get there eventually.
Note: Should you wish to transfer the NFT from your Bitski wallet to another Ethereum wallet, you will need to pay gas in your Bitski wallet. To do so, you will need to transfer some ETH to the Bitski wallet. If you are new to NFTs, we recommend you keep the DAY ONE in your Bitski wallet until you feel comfortable moving it elsewhere.
HOW OPENSEA WORKS
OpenSea is a marketplace for NFTs.
To buy on OpenSea, you will need a non-custodial wallet such as MetaMask or Coinbase Wallet and be prepared with some ETH to make the purchase and pay the gas. At the drop time, 250 of our DAY ONE NFTs will be live on OpenSea and available for purchase on our account page.
JOIN THE DISCORD
We will be posting the Discord invite link shortly after the drop, so keep an eye on our channels and both sales pages (Bitski + OpenSea) for the link. It will also be live in this blog post.
Once you have secured The First Mint DAY ONE, you can head over to our Discord and walk through a series of steps to enable authentication and grant you access to the community.
NOTE: These steps will require a digital signature via your non-custodial wallet (Bitski, MetaMask, etc.). If buying with Bitski, you may encounter this request screen. This is perfectly safe and part of the process.
CLAIMING THE T-SHIRT
Approximately six days after the sale, on July 19th, 2021, we will start the t-shirt claim period in The First Mint Discord. The claim period will last 7 days, from 12pm PT on July 19th, 2021 until 12pm PT on July 26th, 2021. After this claim period, no more t-shirts can be claimed with The First Mint NFT.
During this time, holders of The First Mint NFT will be able to securely complete their order to receive the OG t-shirt. Shipping is on us, to anywhere in the world.
Only ONE t-shirt can be claimed per NFT. Meaning that an NFT being sold on the secondary market may have had its tshirt claimed already.
Estimated shipping time is between 4-8 weeks from the claim period, depending on where you’re located.
ETHEREUM GAS FEES
Upon purchase of the NFT on Bitski or OpenSea, you will be required to pay a “gas fee”, which is a fee paid to Ethereum Network. This fee may vary for both platforms.
Should you choose to move your NFT in between Ethereum Wallets, you will likely also be required to pay a gas fee to the Network.
These gas fees are non-refundable and The First Mint is not responsible for the process of transferring NFTs between wallets. We have chosen two trusted, reliable platforms, both of which will place the DAY ONE in a wallet that is compatible with our token-gated Discord without the need for added transactions.
FREQUENTLY ASKED QUESTIONS
- Can I buy the NFT on the secondary market (such as OpenSea) and still gain access to the Discord?
Yes, of course you can! Any Ethereum address that holds the NFT will be granted access to The First Mint Discord, so long as its in a wallet that is compatible with Collab Land. If you buy an NFT on OpenSea with your non-custodial wallet, you can head over to our Discord for immediate access.
- If I sell the NFT, will I lose access to the Discord?
If you sell the NFT, you will be automatically removed from Discord.
- What is a non-custodial wallet?
A non-custodial wallet, also known as a Web3 wallet, is a digital wallet for cryptocurrencies and NFTs that allows you to interact with various websites and protocols on the blockchain. For example, a MetaMask wallet allows you to buy an NFT on OpenSea, and then sell it on another platform.
If there is anything we missed here, feel free to reach out! Otherwise, we will see you in Discord.