Pxy Price — Mint 2 —October 1 Launch

Pricing and Bulk Buy Details

4 min readSep 29, 2022

Pxys are color packed and comes in many varieties.

As you might know, we launched our first batch of 1500 Pxys in April. It was sold out in seconds.

Ever since, we got busy in building. And just last week, we delivered ‘Pxys Staking’ feature, our first milestone to hit the roadmap.

90% of the sales proceeds were locked in NNS. And this is where we get the rewards for staking Pxys and we distribute ICPs to stakers.

Take a look at the staking here. And here for complete FAQ.

The largest marketplace on Internet Computer, Entrepot featured us after the staking launch. 😊😍😘

It's time to collect some more cute Pxys in your wallet and stake them for your dear life to collect rewards. 🧧🤑💰💸

We are launching again this Saturday, Oct 1 at 13:00 UTC on Entrepot.

This sale will also mint 1500 Pxys only out of our 6000 collection. The mint range is from 1501 to 3000. Again, we are locking 90% of sales to our NNS to get those sweet rewards to stakers. And team is keeping 10% of it for expenses.

Be ready to get blown away with the chance of some 1:1 legendries and rares. 🤯💀👲🤖. Of course, it all depends on the randomness and your luck. But who knows, you may be lucky this time. We wish you luck. 🤞🍀🌠

Now, the pricing talk. 😁. The pricing is a very sensitive topic. After a lot of whiteboarding and watching the market sentiments and community’s appetite, we have decided to go with the fair pricing model as promised.

The good news is that it is below the current floor price. At this very moment, which is sitting at 4.69 ICP. And only 3.5% Pxys are listed, rest are staked, and some are not listed at all. 👌

The launch has 3 Sale Groups.

Group 1: Stakers Private Sale

Private round for Stakers only. (Who have staked at least one Pxy). Snapshot was taken on Sep 28th 13:00 UTC.

Address Limit: 30 | Group Limit: 800 | Start Time: 13:00 UTC | Duration: 10 mins

Buy 1 Pxy: 2.8 ICP

Bulk Buy 5 Pxys: 2.7 ICP

Bulk Buy 10 Pxys: 2.6 ICP

Bulk Buy 30 Pxys: 2.5 ICP

Address Limit: Maximum Pxys that the single wallet can mint.
Group Limit: Maximum Pxys that this group can sell. After which the sale ends and proceeds to next group sale.

Group 2: Private Sale for WL Winners + Stakers

Address Limit: 90 | Group Limit: 600 | Start Time: 13:10 UTC | Duration: 10 mins

Buy 1 Pxy: 2.9 ICP

Bulk Buy 5 Pxys: 2.8 ICP

Bulk Buy 10 Pxys: 2.7 ICP

Bulk Buy 30 Pxys: 2.6 ICP

Group 3: Public Sale for everyone

Address Limit: None | Group Limit: None | Start Time: 13:20 UTC

Buy 1 Pxy: 3.1 ICP

Bulk Buy 5 Pxys: 3.0 ICP

Bulk Buy 10 Pxys: 2.9 ICP

Bulk Buy 30 Pxys: 2.8 ICP

Contingencies

As you may know, ideally when a collection is sold out, the secondary market is immediately open for trade.

Here is the secondary market open schedule

Sold out by 14:00 UTC Oct 1: Will open immediately

Sold out by 13:00 UTC Oct 2: Will open on 13:00 UTC Oct 2.

Sold out by 13:00 UTC Oct 3 / or not sold out: Will open on 13:00 UTC Oct 3 (48 hours after the launch)

If we are not sold out, it's okay. Whatever universe has set forth for us, we will gladly take it. 😇🌌

We will continue building and keep adding value to the community. More utilities are planned for next milestone. 🏃‍♀️

What’s the roadmap looks like after the sale? 🚩

We have three features planned for the next milestone. 🎯

[Redacted]: 😁Will go live in couple weeks after the launch. You will be surprised to see this new utility. Stay tuned. 🙌
[Redacted]: 🤦‍♂️Add more fun to Pxy staking. This is going to make your staking experience even more fun. Stay tuned. 😎
[Redacted]: 😱👀 This is top-secret. New area which we cannot disclose. But we have already started to work in the background. We will keep this as the last item and reveal it when it takes good shape and form. 👌🤗🤩😶‍🌫️

Sorry for all the redactions there. But rest assured, we will keep building the utilities on our dearer Internet Computer blockchain.
And after hitting the milestone, we will plan to mint next batch of Pxys.

Changes in royalties

As you may know, we started with ground zero. Built everything from scratch, and, for the first launch, we went with the cheaper pricing model and as well as 3.5% royalties on the secondary market.

This time, we are expecting some additional expenses and we have decided to increase the royalties to 5%. Just 1.5% up. And we are sure this is the most common royalty % most of the other projects follow. But we are doing it this as we need funds for operating. We will uncover more details soon.

As mentioned in the deep dive article, we will inject 80% of the secondary market royalties to community wallet to keep it funded for staking rewards.