Drunken ape social club is aiming to be an incredible, diamond fisted community behind the first IRL spirits brand, distillery and merch business born by an NFT. They want to be partners with the community in growing a world wide recognizable brand that will bring new people to the SOLANA ecosystem.
Drunken Ape Social Club NFT:
https://magiceden.io/marketplace/drunkenapesc
This is the NFT you need to have to be a part of the community. When you own a DASC NFT you own a piece of the community and share in the rewards that come with it.
DASC Annihilated apes:
https://magiceden.io/marketplace/dasc_annihilated
Are an extremely rare DASC collection with increased staking rewards.
DASC Wasted collection:
https://magiceden.io/marketplace/dasc_wasted_collection
Custom 1 of 1 drunken apes
DASC Bottles:
https://magiceden.io/marketplace/dasc_bottles
Are raffle tickets for monthly draws.
Drunkies:
https://magiceden.io/marketplace/drunkies
Will be burnt 1 for one for an art upgrade on your DASC NFT.
$GLUG Token:
DASC Holders will be able to send (Stake) their apes out for a day, month, or two months of drinking with rising lengths and higher associated rewards for each time frame. The reward will be in the form of $GLUG, allowing holders the opportunity to earn more and thus get better rewards! Some of the short term rewards $GLUG can be used for are:
1. Participating in special limited monthly sales to buy exclusive NFT attributes that will be used in our Metaverse bar like
drinks, outfits, and accessories.
2. It will also be the ONLY way to buy Annihilated Drunken Ape (ADA) in special weekly raffles and auctions.
3. We will also be raffling off a few popular DASC NFTs from time to time to provide the opportunity for holders with
$GLUG tokens to win these incredible prizes at NO Cost.
4. All of our standard merchandise, such as shirts, hats, and backpacks, will be available for sale with $GLUG.
Longer term rewards and main utility will be to purchase bottles of spirits and wine with the $GLUG token.
The staking rewards are as seen below for each different NFT:
Overall distribution of $GLUG:
Whitelist opportunities:
We will be working with partner projects to allow potential minting of their NFT’s to be donewith $GLUG. Additionally, we will be petitioning MagicEden and other marketplaces when the time is right to allow $GLUG to be used to
purchase NFT’s from their platform.
Raffles:
They will raffle off some popular NFTs regularly in order to provide the opportunity for holders with $GLUG to win incredible prizes.
Bar in a Box:
We are going to be selling a Drunken Ape bar kit! This box will include 2 rocks glasses, 2 shot glasses, various bar tools, coasters, all in a stunning collector’s box. Unlike all other merchandise items of ours, this will only be available for purchase using $GLUG and for
Drunken Ape holders only!
| Team Members | Role |
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Pros:
The first thing I noticed was the warm welcome from the DASC community. Everyone was extremely nice and happy to answer any questions I had in regards to the project. The discord seems to be very active and a positive vibe which i think is a must of any NFT project to succeed.
The project has IRL business selling alcohol in the form of spirits and soon to be wine which i think is huge to be able to bring in income from an outside source to support a project with out relying solely on their mint funds.
Being able to use the $GLUG token to purchase bottle of alcohol or wine is a pretty cool perk and very different concept to other projects.
Cons:
The $GLUG token doesn’t have a USD value so if your not in USA or Canada you cant purchase alcohol until its available for purchase in the country your in. So to sell you may have the option to sell on FFF down the track but not at the moment.
The $GLUG token has no USD value when using $GLUG to purchase alcohol the business essentially is going to absorb the cost of making the bottles. Depending on how much a bottle costs in $GLUG will determine the sustainability of this and also the amount of profit the business makes IRL to be able to afford to make these bottles for holders for free essentially.
Thoughts:
My thoughts on this project is that I think they have a very unique idea here and it is exciting to see a business being able to give back to their NFT holders with IRL products. The community is strong on twitter and discord which shows they are happy with the direction and progress of the project. The founder is extremely active on twitter hosting regular spaces and joining spaces with other projects to really get there project out there. From the spaces i listened to the founder really has thought of most aspects of the project and business and could answer any hard questions thrown at him which is really good to see.
The staking is one thing I’m a fan of if your looking at the project from a long term view. How it works is you can lock your DASC up for 7 days up to 60 days which the rewards are much higher for a longer staking period which can really help with stability of FP if a lot of NFT’s are locked for longer periods of time it really reduces the supply on the market.
There’s an art upgrade coming up which IMO is going to be really good for the project bringing the NFTS into a whole other level of art and I’m excited to see the new art i think we will see more people rocking them as their PFP on twitter and discord.
