Many of you in the #WOONFT community have already read our last post, which detailed our upcoming $WOO token release. There was a small blurb about $WOO token airdrops in that post. We want to discuss how the airdrop will work in today's post.
Starting in early Q3, we will be airdropping our $WOO token to pack holders. How this will work is users will get $WOO airdropped to them daily for every WOO pack they have in their wallets. That means users who have packs listed on the secondary market will forgo airdrops, so make sure you have all your packs in your wallet that you want airdrops for.
If you remember our tokenomic post, we stated there are 60 million WOO tokens that will be airdropped to pack holders. We will calculate the airdrop by assigning "airdrop points" to each pack with the following values:
| WOOALPHA Packs | WOOSATURN Packs | WOORAVEN Packs | General Sale Reward Packs |
|---|---|---|---|
| 1.66666 Points | 6 Points | 6 Points | 16.666666 Points |
So, as you can see above, each pack is worth x points, and depending on which packs you have and how many of each you have will determine how much $WOO will get airdropped to you daily.
Now, let's break down how much $WOO each point will be worth daily. There will be 60,000 WOOALPHA packs @ 1.666666 points each, 20,000 WOOSATURN packs @ 6 points each, 20,000 WOORAVEN packs @ 6 points each, and the general sale will have 40,000 reward packs @ 16.666666 points each. This gives us a total of 1,006,666.66666 airdrop points. So, over the entire course of the airdrop, each point will get about 59.6 $WOO, meaning if you purchased 1 WOOALPHA pack off the secondary market and held it for the entire airdrop, you will earn 99.33 $WOO for having that pack.
But, here is where things get interesting. By buying during our special sales events, you will get airdropped reward packs for every WOOALPHA you buy, thus increasing your $WOO airdrops drastically. For example, let's say you buy 1,000 WOOALPHA packs during the Raven sale. You will also get airdropped 1,000 WOORAVEN packs. Let's say you hold everything and open nothing. You have a total of 7666.6666666 points, and daily you will get dropped .16329492 $WOO per point or 1,251.927787 $WOO total daily for a year.
We are holding a private sale; please check our website to inquire about pricing and minimum purchases. With that said, the cost of $WOO will be dependent on when and how you purchased your packs for airdrops.
Suppose we go back to our above example with the 1,000 packs purchased during the raven sale. In one year, you will get 456,953.6424 $WOO airdropped to you. For the 1,000 WOOALPHA and 1,000 WOORAVEN packs, you would have spent USD 2,000, giving you an average cost of $0.00437 per $WOO token. If that same USD 2,000 were used to buy WOOALPHA off the secondary market and not the special sales, you would get 99,337.748 $WOO for an average of $0.02 per token. This further demonstrates the value of purchasing during our Raven sale.
I don't know for sure, but I would guess WOOSATURN, and WOORAVEN packs will not go cheap on secondary markets since most people will remove any open sells to increase their airdrops, and those that missed the sales will try to hurry to get packs before airdrops come. We will release an exact date soon but expect early Q3 2022.
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