15 of the 31 NFT minted. Roughly 1.5M SECOND worth of NFT minted.
Owners receive SECOND every hour.
Launching another collection this week. More updates soon.
It's holiday time.
The NFT mint is live. If you have credits, you can mint without spending a SECOND.
Else you can buy with SECOND.
In the home page, click the NFT in the footer. Click the "explore" in the collection list.
Click the NFT you want to mint and mint it.
$SECOND
Launching the first NFT collection tonight. It's holiday time but let's see how it goes.
The collection has only 31 items, each costs 86,400 $SECOND
There are 20 people who have enough second credits to buy at least one item.
Each of these NFTs earn 100 SECOND everyday via mining and a lot more from different fees in future.
There are 3 more Collections coming after this.
Instead of 3.25Mn SECOND, this new protocol emitted only 756K SECOND.
Roughly 2.5Mn SECOND waiting to be minted.
Not just that, roughly 50% of supply locked.
Real flywheel starting in 2026 with a lot of innovative and exciting stuff.
There is a confusion going on about the SECOND token which I'm addressing here. Bit lengthy but should give enough clarity.
tldr: Currently there is only one SECOND token (0xCE9199A0C05446ceEd4F0F928c864b7a2f9F86B3), everything else has no value.
Then what's SECOND credit.
For that a bit of history. Version 1.0 had ticker SECONDS, the initial supply was roughly 44Mn. The number of seconds lapsed from the time DEGEN token deployed to SECONDS deployed. The first version was DEGEN themed. But when we closed the V1.0, the total supply was 57Mn.
Version 2.0 and 3.0 are base network themed. , I.e, the initial supply(v3.0) was roughly 74Mn the seconds lapsed since block 1 of base network. Roughly 29% higher than V1.0 when closed.
1/n
Second NFT collections are releasing one by one.
The difference between other nft collections and SECOND NFT collections is that SECOND NFTs have capability to mine SECOND tokens passively and automatically.
Just hold those NFTs in your wallet and receive SECOND every hour.
Also these NFT holders have voting rights to what to build next(coming in next quarter)
Launching our first collection "Month Days" next week. Total of 31 items. Each is capable of mining 100 SECOND per day and costs 86,400 SECOND tokens.
/seconds
Second NFT claim contract is done. Deploying today.
NFTs can be claimed with either SECOND token or SECOND credits.
The V1 holders who held more than 10,800 SECONDS and hold the same or more current version of SECOND are eligible with SECOND credits.
Value of 1 SECOND credits = 1 SECOND.
Start with 4 NFT collections. Each of these NFTs earn passive SECOND from mining. Approximately the cost can be recovered in 2 years. I.e: 50% APY.
How much credits you own can be seen from the dashboard (not enabled yet but mostly tomorrow)
$SECOND leaderboard is up and running. Eligible to be part of the leaderboard is, hold at least 60 SECOND and mint at least once.
Need to improve the UI and add more context to the score and ranks.
Dashboard data updates once every 4 hours.
USDC rewards won't be resumed for at least a week.
Added user dashboard which shows everything about users earning and balance. Once logged in, click the user icon in the menu bar.
Immediate steps are launching the leaderboard, ranking and tasks.
Next steps are
1) UBI: Allow eligible farcaster users to mine SECOND every hour.
2) Content Mining: Every day the top 100 posts receive SECOND tokens, rewards are based on content quality.
3) NFT claim. NFTs that mines SECOND every hour.
3) Liquidity Mining.
4) USDC rewards for daily top rankers.
$SECOND
The current version fixed the fundamental issue. Instead of emitting 2.05M $SECOND, only 429K SECOND mined.
And roughly 1.6M SECOND are mineable but not mined yet.
