Sanjab, The Dude (S-dude)
NFT Collection
Last updated
NFT Collection
Last updated
Huralya has an NFT collection (S-Dude) tied to the company's advancement. This NFT collection has an art of your cool squirrel friend, Sanjab the dude. The initial price for this Collection is 100 LYA per NFT. S,dude NFT has an automated smart contract that will add 100 LYA to the base mint price after every round. Each round is completed after minting 1000 NFTs.
In other words, NFT’s price will increase 100 LYA after minting 1000 NFTs. But, this requires specific conditions to be met, which is descrbied below.
This algorithm-driven increase in the mint price guarantees long-term price growth and safeguards expanding the supply during periods of low demand.
This NFT can be utilized in Huralya games upon player request. It unlocks a cool feature, allowing players to play as a squirrel and provide new engaging quests and rewards for the player.
All operations concerning NFTs (distribution, pricing, etc.) are handled by a smart contract. This smart contract handles intelligent pricing, price increase and distribution.
Huralya has a strict rule for NFT distribution. An essential condition for NFT distribution to be fulfilled, is that new NFTs will be minted only if there are requests for NFTs at higher prices than the current round mint price.
In other words, when the current round mint price is higher than the trading price in NFT marketplaces, NFT distribution will stop. The maximum supply for this NFT collection is 50,000 NFTs, and distribution will only commence if the price condition is met.