$DOWN

Goose Feathers 2.0 $DOWN

Social Token by NFT Artist and Enthusiast BruceTheGoose

After the security breach at TryRoll, and their teams response (or lack thereof) to the incident, I have decided to separate my creative brand and my social token economy from any controlling central party and manage it of my own volition. The resulting ERC-20 is 'Goose Feathers 2.0'with the market ticker $DOWN (lol).

honk@brucethegoose.art

ANNOUNCEMENT (MIRROR EDITIONS)

THE FIRST EVER* SOCIAL TOKEN OF ITS KIND
*Probably

"I'm a vigilant keyboard warrior regarding people trying to claim that they're pioneers when we've already done it and moved on. So if I'm wrong, please correct me, but I think this is something new..."
- BruceTheGoose

THE $DOWN DEPOSITORY

By utilizing the innovative NFT technology of Emblem.Finance, a single ERC-721 NFT, named $DOWN Depository, contains a multi-network crypto wallet, which will be loaded with 1st editions (and some 1:1's) of my own art, as well as other NFT art and collectibles; and various tokens.

THE COLLATERALIZED ERC-20

The $DOWN Depository NFT will be has been fractionalized on Fractional.Art to create 10,000,000 $DOWN tokens; representing the collective value of the vault's contained assets. These tokens will be distributed through a variety of methods to collectors, collaborators, and engaged community members of BruceTheGoose.

GROWING VALUE

By directly correlating my 'social token' with the value of the assets held in the $DOWN Depository NFT wallet, HODL'ers of $DOWN can expect the value to steadily rise as new assets are added to the vault, while also having smart-contract enforced security based on my own inability to modify the vaults contents (aside from deposits).

WHITEPAPER

$DOWN is designed to be utilized.

$DOWN tokenomics have been engineered in such a way that the token's success is of benefit to HODL'ers, traders, and to those with diamond hands. Explore some current usecases and integrations.

Exclusive NFT's

$DOWN can be used to obtain otherwise unavailable NFTs via a custom markertplace being built this very moment.

Shop Now

GATED Content

Certain aspects of several projects and initiatives that BruceTheGoose is involved in will have bonus access to BAYC members and $DOWN holders.

Explore

yIELD fARMING

Liquidity providers for certain pairs will earn a passive stream of additional $DOWN by staking their LP tokens.

COMING SOON

NFT INVESTING

The $DAOwn will have the ability to utilize funds in the treasury to acquire and stake additional NFTs from historical and blue-chip collections.

Treasury

Tokenomics [Distribution]

$DOWN will be obtainable through a variety of means surrounding BruceTheGoose and DappGoose Labs.

ARTIST'S RESERVE

1.500.000 - 15%

1.5mm tokens are reserved as a self-investment by the artist, vested linearly over 3 years.

VAULT INJECTION

1.000.000 - 10%

1mm $DOWN is held by the $DOWN Depository to create a 'feedback loop' of increasing value.

EXPENDITURES

500.000 - 5%

500k tokens will be held in a dedicated wallet controlled by BruceTheGoose; to be used as payment for services related to the token's maintenance and marketing.

community rewards

3.000.000 - 30%

3mm $DOWN will be made available as rewards to the community through a variety of methods including DeFi strategies, liquidity provider rewards, and gratuities for NFT purchases.

Daown Treasury

1.500.000 - 15%

1.5mm tokens will be vested over 1 year and released into a multi-sig wallet controlled by the DAOwn; to be used to acquire additional assets, facilitate marketing, and other purposes decided by HODL'ers of $DOWN.

Initial distribution

2.500.000 - 25%

2.5mm tokens will be avaiable during the IDO and initial airdrop rounds. Tokens made available, but not acquired, during the IDO will be burned.