1. What

Pondverse will be an open edition project in collaboration between Dao Duck and Dima Krenskiy, both of whom, as brands have been in the NFT space since early 2021 and have built up a good reputation for high-quality and exciting products. 

The premise behind Pondverse will be an exciting burn mechanism, which enables you to treat your journey within Pondverse like a story. When you first mint your NFT, it will be an egg, which can then be evolved through additional burns into a fully grown adult duck, mimicking the life cycle of a duck over the course of 55 days.

2. Stages

Pondverse is a dynamic project that is expected to incorporate a captivating multi-stage burn process, featuring unique animated artwork and a range of seasonal themes that introduce unexpected twists to the storyline. Although we do not wish to spoil the surprises that await, we can share that the first stage of the story will introduce an engaging animated egg, and we encourage collectors to secure multiple pieces to enhance their participation in the evolving narrative.

Through its innovative approach and carefully crafted storytelling, Pondverse is poised to deliver a compelling and immersive NFT experience for collectors.

3. End goal

Pondverse offers an exciting incentive for collectors who embark on the journey to the end of the burn process, as they will receive a real-life model of the final version of their duck or a one-of-one piece. Meanwhile, those who do not complete the full burn process can still expect to benefit from the project's partnership with various WEB3 brands, facilitated by Dao Duck. These partnerships will be listed on our official website.

4. Unique Selling Point

Pondverse is distinguished by two unique selling points that differentiate it from other NFT collections. Firstly, the project enjoys a partnership with the renowned NFT artist Dima Krenskiy, whose extensive collection includes numerous collaborations with top-tier artists in the space. Krenskiy's distinctive inflatable art will be showcased within Pondverse, adding value to the collection and elevating its prestige.

Secondly, Pondverse's compelling narrative is complemented by an innovative burn mechanism that enables collectors to observe the progression and development of their NFTs over time. This generates a sense of achievement and progression that resonates with collectors, inspiring repeat purchases and nurturing a community around the project.

Overall, Pondverse's USPs provide it with a unique and highly attractive value proposition that stands out in the crowded NFT marketplace.

5. Narrative

Narratives in NFTs have emerged as an effective means of developing a brand by offering a unique mode of audience engagement and facilitating the creation of a compelling brand story. Pondverse's innovative approach to narrative development, in which a storyline is crafted around the burning of multiple NFTs to attain higher stages, generates a sense of achievement and progression among collectors, thus stimulating repeat purchases and fostering community formation around the project. The life cycle of a duck over 55 days, which constitutes the theme of Pondverse's narrative, lends an additional layer of interest and serves as a distinctive selling point for the project.

6. Ownership

The Pondverse project involves three primary stakeholders, namely Mike, Dima, and Dao Duck. The project structure entails Mike and Dao Duck each holding a 25% stake in the project, while Dima holds an equivalent 50% stake. Additionally, all project-related expenses will be evenly divided between Mike and Dima to ensure a fair and balanced partnership.

7. When

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