The future is on-chain. Value captured from products in our accelerator will be programmatically distributed to our card holders through innovative smart contract design.
Holders will get exclusive access to NFT products launched from our accelerator, the ability to invest and support new teams, receive on-chain credit increases, and be on the cutting edge of NFT utility.
We’re pushing to find and explore use cases and native utility for NFTs, creating long term value. The Let’s BTF Collection is just the first version of this vision.
Help build and launch the next generation of NFTs as a Let’s BTF member. Get exclusive access and royalties on projects through the accelerator.
Builders, artists, creatives, investors, and more. Our community is a diverse group of people who want to push web3 and NFT adoption forward.
Y Combinator pioneered a new model for funding early stage startups, we’re creating a new accelerator model where ownership and value is distributed across our community.
We can’t do this alone. Our community is designed to be one of the most innovative communities in web3, new NFT products, smart contract design, and more.
Using the most progressive web3 tech, we’re incorporating permissionless value disbursement across the community.
The credit system is built into the smart contract and is fully on-chain making it trustless and decentralized. Upon minting, a verifiably random number from Chainlink oracles is used to give your NFT a specific credit amount based on the weighted distribution below:
Because a truly random number is used for each individual mint, there will be a small variance in the ending percentages listed above.
The Let’s BTF Collection reinvests 90% of all minting funds raised back into the community to provide instant liquidity, while allowing for ownership of the NFT.
If you use any of the credit, it will lock the NFT so you are unable to transfer or sell it. Once the credit is repaid back to the card, the card will be unlocked and can be sold on the secondary market or transferred to other wallets.
Bonus: you can airdrop your NFT funds that increases your cards credit making it even more valuable. This gives each NFT a life of their own and can evolve over time.
You can use the credit instantly after minting or after purchasing on the secondary market.
Note: there may be a slight delay between mint and when your credit amount is set. This is due to the decentralized and trustless mechanics behind the credit amount generation using Chainlink oracles.