Savage Snowmen, Building NFT 2.0?

Savage Snowmen have a simple project goal. Create the fairest distribution of a community token, by blending the best of NFTs and Defi tech together.

They believe this will create the next evolution of NFTs, and it’s called NFT 2.0. They certainly have some interesting ideas and concepts that we think will help them stand out in this rapidly evolving space.

Initially, there will be 10,000 unique Snowmen NFTs minted, and these will draw from over 150+ unique attributes that sit on a rarity scale from common to legendary. Honorary members currently include some of our favourite Ava Labs team members Kevin and Luigi.

The team have decided to skip the usual Presale, IDO and VC funding stages seen in other similar projects, and have instead opted to distribute their Meta Token ($LODGE) directly to the community. 

Holders will earn $LODGE by staking their NFTs in the project’s dedicated Polyient X vault during the LME (Liquidity Mining Event). The $LODGE utility token is built on the idea of a positive feedback loop, with 20% of each mint being sent to the project’s treasury and this will be used for $LODGE buybacks as various milestones are reached on the mint roadmap. 

You will also be able to farm $LODGE with Trader Joe LODGE/AVAX LP Tokens via the native farm directly on the project’s website. The project’s treasury fund will also be increased with the introduction of 2.5% reflections on all secondary sales on popular marketplaces such as Kalao and NFTrade. Effectively creative a system that continually evolves and rewards minters, stakers and holders throughout the project’s duration.

Interestingly, there will be no team allocation of $LODGE tokens, meaning the team will need to play the game along with the community and will be directly invested in its success. More details about Tokenomics for the project can be found here.

For more information on this exciting new project, you can join the community on Discord. The team also have an active following on Twitter so make sure you check them out!

If you liked this article, you’ll love Avax Whales, Avalanche NFT Gem?