Whitepaper

Amigos Miners Club

Content

  • Introduction

– 1.1 Background

– 1.2 Project Overview

– 1.3 Purpose of this Whitepaper

  • NFT Collection

– 2.1 Rarity Levels

– 2.2 Traits Levels within Each Rarity

  • Mining and Profit Sharing

– 3.1 Mining Operations

– 3.2 Profit Sharing Details

  • Utility and Benefits

– 4.1 NFT Utility

– 4.2 Profit Sharing Benefits

  • Treasury and Project Economics

– 5.1 Treasury Management

– 5.2 Income to the Treasury

– 5.3 Value Proposition of NFTs

  • Roadmap

– 6.1 Two-Year Roadmap

– 6.2 Key Milestones

  • Community and Partnerships

– 7.1 Building a Strong Community

– 7.2 Strategic Partnerships

  • FAQs

– 8.1 Frequently Asked Questions

  • Conclusion

1. Introduction

1.1 Background

Amigos Miners Club is an exclusive NFT collection centered around the world of cryptocurrency mining. We are passionate about bringing the excitement of mining to the NFT space. Our project offers unique NFTs with varying levels of rarity and traits, each representing a different aspect of the mining world.

1.2 Project Overview

The Amigos Miners Club NFT collection is designed to appeal to both NFT collectors and cryptocurrency enthusiasts. Our goal is to provide a rewarding and engaging experience for our community members. We believe in combining the excitement of NFTs with the tangible benefits of mining.

1.3 Purpose of this Whitepaper

This whitepaper serves as a comprehensive guide to the Amigos Miners Club NFT collection. It outlines the rarity levels, traits, profit-sharing details, utility, and our roadmap. We aim to provide transparency and clarity to our community, ensuring they understand the value and benefits of owning our NFTs.

2. NFT Collection

2.1 Rarity Levels

The Amigos Miners Club NFT collection consists of 10,000 nft’s and four rarity levels, each representing a unique tier of expertise and contribution within the mining community:

-Common – Mining Novice: 60% of the total supply

– Rare – Crypto Explorer: 25% of the total supply

– Epic – Master Miner: 10% of the total supply

– Legendary – Legendary Amigo: 5% of the total supply

2.2 Traits Levels within Each Rarity

Within each rarity level, there are specific traits that make each NFT unique. These traits provide collectors with a deeper connection to the mining world and add value to their NFTs.

Common – Mining Novice:

– Wooden Pickaxe Holder: 30% of Mining Novice NFTs

– Basic Shovel Carrier: 70% of Mining Novice NFTs

Rare – Crypto Explorer:

– Bronze Drill Gripper: 40% of Crypto Explorer NFTs

– Advanced Chisel Wielder: 60% of Crypto Explorer NFTs

Epic – Master Miner:

– Gold Excavator Operator: 50% of Master Miner NFTs

– Diamond Pickaxe Bearer: 50% of Master Miner NFTs

Legendary – Legendary Amigo:

– Mithril Core Digger: 60% of Legendary Amigo NFTs

– Platinum Drill Commander: 40% of Legendary Amigo NFTs

3. Mining and Profit Sharing

3.1 Mining Operations

  • Bitcoin (BTC): 60% of our mining operations are dedicated to Bitcoin, utilizing the advanced Antminer S21.
  • Dodge Coin (DOGE): 20% of our mining activities focus on Dodge Coin, employing the efficient L7 mining equipment.
  • Kadena and Kaspa: The remaining 20% is strategically allocated between Kadena and Kaspa, recognizing their high-risk, high-reward nature.

3.1.1 Dynamic Mining Scale:

  • The number of miners deployed will be flexible, contingent on various factors such as NFT sales, ADA price at the time of purchase, and miner prices in the market.
  • This dynamic approach allows us to adapt to changing market conditions, ensuring optimal efficiency and profitability.

While our NFT collection is the core of our project, we also have plans for real cryptocurrency mining operations. We believe in combining the excitement of NFTs with the tangible benefits of mining. Our mining operations will commence in Q1 2024.

 

3.2 Profit Sharing Details

Profit sharing is a fundamental aspect of the Amigos Miners Club project. We believe in rewarding our community members for their support. Profit sharing will commence in Q2 2024, and here are the corrected profit-sharing percentages:

– Common – Mining Novice: 25% of mining profits shared among holders of this rarity level.

– Rare – Crypto Explorer: 25% of mining profits shared among holders of this rarity level.

– Epic – Master Miner: 25% of mining profits shared among holders of this rarity level.

– Legendary – Legendary Amigo: 25% of mining profits shared among holders of this rarity level.

Profit sharing is a key component of our project’s value proposition, providing real rewards to our NFT holders.

Utility and Benefits

4. Utility and Benefits

4.1 NFT Utility

Owning an Amigos Miners Club NFT comes with a range of utility and benefits:

– Profit Sharing: NFT holders will receive a share of the mining profits based on their NFT’s rarity level.

– Community Engagement: NFT holders will have exclusive access to our community events and discussions.

– Governance: NFT holders will be able to participate in governance decisions that shape the future of the project.

4.2 Profit Sharing Benefits

The benefits of profit sharing are substantial and provide a tangible advantage to our NFT holders. By owning a rare or legendary NFT, holders have the potential to earn a significant share of the mining profits, further enhancing the value of their NFTs.

5. Treasury and Project Economics

5.1 Treasury Management

The Amigos Miners Club project includes a treasury that serves as a financial resource to support the project’s growth and sustainability. The treasury is managed transparently, with decisions regarding its use made collectively within the community.

5.2 Income to the Treasury

Income sources contributing to the treasury include:

– Mining Profits: A portion of the mining profits generated by our operations will be directed to the treasury.

– Secondary Market Royalties: A percentage of royalties from secondary market sales will contribute to the treasury’s growth.

– Strategic Partnerships: Revenues generated from partnerships with other crypto projects will also be directed to the treasury.

– Community Initiatives: Income from community-driven initiatives will be reinvested in the treasury.

– Buy-Back NFTs: Our innovative Buy-Back NFTs, a first of its kind, will contribute to the treasury’s income. These special NFTs generate mining profits, further supporting our community’s growth.

The treasury plays a crucial role in supporting the long-term sustainability and development of the Amigos Miners Club project.

5.3 Value Proposition of NFTs

To demonstrate the value proposition of our NFTs, let’s consider an example based on a total mining profit of $10,000:

  • Common – Mining Novice (25%): $10,000 * 0.25 = $2,500 / 6,000 NFTs = $0.4167 per NFT
  • Rare – Crypto Explorer (25%): $10,000 * 0.25 = $2,500 / 2,500 NFTs = $1 per NFT
  • Epic – Master Miner (25%): $10,000 * 0.25 = $2,500 / 1,000 NFTs = $2.50 per NFT
  • Legendary – Legendary Amigo (25%): $10,000 * 0.25 = $2,500 / 500 NFTs = $5 per NFT

This calculation showcases the potential earnings for a single NFT holder based on a $1,000 mining profit. As our mining operations and community grow, so does the potential for profit and value appreciation.

 

6. Roadmap

Our roadmap outlines the key milestones and phases of the Amigos Miners Club project. We are committed to continuous development and growth to provide the best experience for our community. Our roadmap includes the following highlights:

year 1: Initial Setup and Development (2023)
Laying the Foundation with Development Mining Paper

  Launch of Amigos Miners Club.
  Community engagement and outreach initiation.
  Release of the "Development Mining Paper" outlining the project's mining strategies and technical details.

03
Preparing for Growth

  Preparing Minting of the first NFTs and initial sale.
  Finalizing preparations for crypto mining operations.
  Gathering feedback and planning for website enhancements.

04
year 2: NFTs initial sale Mining Kickoff and Growth (2024)
Mining Operations Begin with a Secret Announcement

  Start of crypto mining operations.
  Upgrading the project website and user experience.
  Exploring potential partnerships in the crypto space.
  Secret announcement to surprise the community.

01
Profit Sharing Commences

  Commencement of profit sharing with NFT holders.
  Minting of the first NFTs and initial sale.
  Expansion of mining operations and increased reinvestment.

 

02
Enhancing Engagement with Another Secret Announcement

  Enhancement of governance for NFT holders' participation.
  Launch of engaging NFT gamification elements.
  Education and deeper engagement with the community.
  Another secret announcement to keep the excitement alive.

03
Sustainable Growth

  Sustained mining operations and profit sharing.
  Continued development based on user feedback.
  Exploring further partnerships and collaborations.
  Celebrating milestones with the Amigos Miners Club community.

04

7. Community and Partnerships

Building a strong community is essential to the success of Amigos Miners Club. We will actively engage with our community through social media, events, and partnerships with influencers and other crypto projects. We believe in the power of collaboration and will seek out like-minded projects to partner with.

8. FAQs

We understand that our community may have questions, and we’ve prepared a detailed FAQ section to provide answers to common queries. If you have additional questions, feel free to reach out to us.

9. Conclusion

The Amigos Miners Club NFT collection is not just about owning digital art; it’s about being part of a dynamic and rewarding mining community. We look forward to welcoming you to our project and sharing the exciting journey ahead.

Join us as we bridge the worlds of NFTs and cryptocurrency mining, creating a unique and rewarding experience for all our Amigos!