First NFT Drop (Genesis)

The "Genesis" drop is the first tokenization by Placehodlr. Here we are tokenizing the Placehodlr validator coming up on the Mantra Chain.

How does it work?

We're tokenizing the validator commission as a Stargaze collection, dividing it into 10,000 shares. Each Hodlr gets a proportionate share of the validator revenues in $OM token 💰

This is your chance to get in on the ground floor of a revolutionary new way to earn passive income on Mantra 🕉.

How do I participate?

1. Go to Placehodlr's Stargaze NFT Collection.

2. Buy the Genesis drop NFT. You will need STARS Token on the Stargaze chain for this. Here are the different ways you can get STARS.

3. That's it! Hodl onto that NFT and your wallet keys.

For more details, check out the instruction guide on How to buy Ownership.

Later on: When the Mantra Chain Mainnet goes live, you will get the option to exchange this Placehodlr NFT for the validator key-share.

This key-share will accumulate the proportionate validator rewards.

FAQ

What is the Genesis drop all about?

Genesis drop is the first tokenization by Placehodlr. Here we are tokenizing the Placehodlr validator coming up on the Mantra Chain.

As this is the first ever tokenization of a validator on Placehodlr, the folks who partake in this drop hold a special place for us and will receive special benefits.

Will there be another Genesis drop in the future?

There will be other drops for more validators we tokenize but there will NEVER be another Genesis drop.

If you want to get into the ground floor, this is the only opportunity.

What do you get with the Genesis drop?

1. A chance to earn OM tokens in perpetuity (till the validator remains active), as your share of validator rewards.

2. Ground floor entry into an awesome project tokenizing the most real yield in Web 3.0 (validator earnings).

3. Part of being an awesome community that ...

4. Good karma for decentralizing the core layer of Web 3.0: infrastructure

5. Special benefits for each validator that we tokenize after this (to be announced).

What will the funds be used for?

1. Building the product.

2. Acquiring more validator slots.

3. Building the community.

4. Rewarding the community.

Which validator will be tokenized?

We are tokenizing the Placehodlr validator coming up on the Mantra Chain, which is still on testnet. Check more details of this specific validator on Mintscan.