An NFT is a unique digital token in an original and non-interchangeable digital asset record stored on the blockchain network. An NFT is owned by the to the crypto address where the token is located, and data such as price, transaction history and ownership are forever stored and accessible on the blockchain network.
To buy a Patchwork Kingdom, you need a Metamask wallet. You can learn how to set up a Metamask wallet on https://metamask.io/faqs.html Once you have a wallet, you can use the ‘Mint’ button to connect your wallet and mint a token.
You need to be on the whitelist to have a chance to mint one of the tokens. If the list is oversubscribed, a random draw will be held to determine who can mint (see below).
One of the goals of Patchwork Kingdom is to do a fair, clear, and transparent launch. To promote this sense of fairness, all 999 available tokens (minus #1, for the Artist) will be made equally available. Another goal is to create a strong community for this, and future work. Here's how we plan to do that.
The sale will begin in January 2022.
No - there is no presale.
This will be conducted entirely through the whitelist (see above) (and if the whitelist is oversubscribed, through a lottery system based on the whitelist). This mechanism is designed to make the drop as fair as possible, and also begin creating the community for later Giga work.
There is no allocation for the team (other than #1 for the artist) and no second whitelist or private presale. Not all entrants on the whitelist are certain to be able to mint (if there are more wallets on the whitelist than the 999 NFTs available, a random drawing will be held to pick the 999 addresses for minting.)
1 for the artist.
No other tokens will be held back for the team.
Proceeds will be used to fund school connectivity efforts through Giga.
Connecting one school costs us, approximately, and on average in the 19 Giga Lead countries, around 30,000 USD - and we estimate it will cost around 428B$ to connect every school and provide them with appropriate infrastructure, etc. Some of the proceeds will be used to help move these efforts forward, some to contribute to building a better map of the schools in need, and some to building out the technical roadmap for the next Giga NFT work.
25% of any secondary market sales will go to Giga in perpetuity (to UNICEF France's wallet).
This is an unusually high amount of 'royalty' that we believe is another differentiator in this project. It means that when you sell a Giga NFT you are creating revenue to help connect schools and drive technology solutions for children. It means that each sale means more than it would otherwise. This unique (and elevated) percentage is a marker for what Giga would like to achieve in the crypto space: novel, ongoing, boundary-pushing engagement with communities that can help fix the world.
Part of the proceeds from this NFT sale will be used by Giga to develop the next NFT collection based on school data, and add some utility to the pieces that you (hopefully) will own.
Major activities planned for 2022:
As per guidance from UNICEF Office of Ethics (Dec2021) UNICEF Staff may participate in this NFT sale as long as they (1) are part of the same purchasing process as the general public (2) agree to not sell their purchased artwork for a period of four years from purchase date and (3) share a copy of this agreement, with their name, with their Giga focal point or a relevant member of the Giga team in UNICEF HQ.
The Giga team confirms that UNICEF staff will be able to participate in the whitelist with the same conditions as the general public and will not have exclusive or privileged rights to access this sale.