GM $INJ 🫶. While we’ve been giving away MASKED phase 1 whitelists, we’ve also been busy agreeing our community partners. Each of these communities will receive 200 free mints during phase 2, offered through internal giveaways / simple holding rewards. Let’s 🧵 all 9! 🥷

GM guys and gals, we’ll contact the winning community after the poll closes 🫶. @NumberOfBeasts @Injcels @InjHobos @GalacticSynd

GM $INJ 🫶. After $AGENT won the memecoin poll, we have one final phase 2 whitelist allocation of 200 free mints to giveaway, this time to 1 of 4 NFT communities. This will bring our phase 2 allocations to a close, with 11 communities each getting 200 mints. Vote away!.

RT @BitmonkCrypto: @samcryptto @MASKED_INJ Love how @MASKED_INJ is blending culture with utility 🔥.

RT @honrxchangge: @samcryptto @MASKED_INJ I'm excited to see how @MASKED_INJ shakes up the $INJ scene. A free mint built on the core values….

RT @samcryptto: @MASKED_INJ is about to shake the $INJ scene with a free mint . Not just NFTs but this is Injective culture, built on trus….

RT @MDCryptoWorld: @MASKED_INJ To the moon MASKED. Can’t wait mint day 👊.

RT @LukeRadford10: Honestly the moves @MASKED_INJ are pulling here are a game changer, and I’m surprised other projects haven’t thought of….

RT @rodger_crypto_1: @everydaydegen1 @MASKED_INJ @injective @LukeRadford10 These @MASKED INJ NFTs are straight fire!.Injective keeps leveli….

10/ All this is designed to attract both secondary market sales and long-term MASKED NFT holders. Should we be lucky enough to take off with our project, then the value of holding MASKED will increase. Of course, we can all buy as many as we want after the initial 100 mints.

9/ NFTs held by the MASKED treasury will be ineligible for the lottery. This means; for example, if 1,000 go unminted then there will be 5,666 tickets in month 1. By design; many will hit the max. allocation of 100 mints. Holding 100 would give you a 1/28 chance of winning.

8/ We believe that this approach will accelerate the flywheel, by injecting additional liquidity into $INJ as opposed to extracting it for personal gain. We also believe that this approach is fair, and gives ample reason to hold, buy and engage with MASKED on a long-term basis.

7/ We do not expect to compete with leading, established NFT collections for volume. But what if we did?. If we mirrored @InjectiveQuants current monthly trade volume (280 $INJ), then the winning ticket would be worth 93 $INJ. We would also invest 140 $INJ in a single memecoin.

6/ The monthly lottery will be simple. All 6,666 MASKED NFTs are worth at least 1 ticket. Certain NFTs; based on traits applied in the metadata, will be worth more than 1 ticket. Each month, 2 winners will take 66.66% and 33.33% respectively of half of the fees generated.

5/ We are choosing to buy only memecoins with association to $INJ NFT projects because they are; in our opinion, most vital to ecosystem adoption. We will split investments between long-term treasury holds and token burns, at our digression. The token will be chosen by vote.

4/ Fees paid into the MASKED treasury via secondary sales will be used for 2 purposes:. A) To buy $INJ memecoins that are associated in some way to NFT projects, such as $QUNT, $PEDRO, $NONJA, $DRUGS and $XIII. B) To run monthly lotteries for all MASKED holders 🧧.

3/ Any MASKED NFT’s that are NOT minted during these 3 phases will be claimed by the treasury, and used for future giveaways and promotions, meaning that we expect supply to be lower than 6,666. If you miss a phase and prove you were eligible, we’ll send them to you anyway 🫶.

2/ Our secondary market; once opened, will generate 7% fees to the MASKED treasury and 3% to Talis. This means that if you sell an NFT for 1 $INJ, you receive 0.9 $INJ and we receive 0.07 $INJ. If 1,000 NFTs were to sell for just 0.1 $INJ each, we would receive 7 $INJ.

1/ MASKED is an entirely free-to-mint NFT collection across all 3 phases, with 2,222 per phase. 6,666 unique NFTs in total will be available to mint to early supporters (whitelist phase), $INJ projects (community phase) and via our eventual open mint (public phase).

We told you we didn’t intend to re-invent the $INJ flywheel with MASKED, merely accelerate it. Here’s how we’ll do it. Read this 🧵 explaining what this means for our secondary market, and let us know if you have any questions. P.S. we’re running testnet this weekend 👀

GM $INJ 🫶. As it stands, $AGENT and $NINJA look to be locked in a battle for first place. With Agent’s strong Paradyze crossover, this could mean a nice phase 2 allocation for many vault holders. Plenty of time for the votes to change 🗳️