Gmoney is launching an exclusive NFT collection, Admit One. He will be releasing the NFTs to a select group of people via a free coin, paying tribute to CryptoPunk’s legendary free coin. With Admit One, the prolific investor seeks to build a community of like-minded individuals who understand the importance of disrupting traditional industries and encouraging adoption of cryptographic technologies.
How does Gmoney allocate the Admit One NFTs?
Admit One is a private group of Web3 enthusiasts, developers and thought leaders with 1,000 members. NFT owners gain access to a tight-knit community that is as diverse and dynamic as a community can get. Given that there are only 1,000 tickets for this community, Gmoney and the team spent months figuring out the distribution mechanisms.
The first 11 Admit One tickets will go to the 11 wallets that own all 3 Bitcoin Miami NFTs. Apparently they were the ones who supported Gmoney from the start and this is a way of showing his gratitude. Next, 200 spots will be reserved for a handpicked group of individuals who will be of value to the community. More than half of these are influential women in the NFT space.
Gmoney awards 698 spots for those who have the Bitcoin Miami POAPs in June 2021. He is also giving away 60 spots for Admit One’s partners/team members and 30 spots for future distribution. The rest is available and if not, for future distribution.
Why a 100% Free Mint?
There are so many ways to distribute NFTs and we’ve seen some good and bad over the past year. However, the NFT symbol has a few reasons why a free mint is the way to go.
First, Gmoney wants the community to determine the value of the collection, not him. Next, he wants 100% of the community, including himself, to be in the same boat and working in the same direction. Profiting from the coin will not align with what he preaches.
More importantly, he would like to thank the people who have supported him over the years such as B. wants to show his POAP owners his love and appreciation. And as mentioned, the team is following in the footsteps of one of the very first NFT coins to be freely claimed at the time, CryptoPunks.