The Space Pirate Authority
Welcome to the legendary tale of the Space Pirate Authority—a band of swashbuckling buccaneers who sail the cosmic seas in search of treasure and glory. Our story begins with a bond steeped in tradition, forged through the timeless code of the pirate way.
Once, we stood as a mighty collective, our sails billowing with the winds of fortune. But fate dealt us a cruel blow when our ownership disbanded, scattering our crew like scattered pearls upon the ocean floor. Yet, from the wreckage emerged a resilient few who refused to let our legacy fade into obscurity.
Thus, the Space Pirate Authority was born—a beacon of camaraderie and adventure in a vast and unforgiving cosmos. Though we may be few in number, our spirit burns as bright as the North Star, guiding us through the darkest of nights.
We Are Pirates
With every sunrise, we toil tirelessly to bring you the latest updates on our projects and host thrilling events that ignite the flames of excitement in our hearts. And as we gather ’round the digital campfire, we regale each other with tales of conquest and daring, speaking in the time-honored tongue of pirates—Arrrggg!
But our ambitions extend far beyond mere plunder and pillage. We are a collective united in our quest to build a community that thrives on trust, camaraderie, and shared adventure. Through our trusted mints and the upcoming Battle Arena—a place where NFTs clash in epic battles of wit and strategy—we forge bonds that withstand the test of time.
So heed the call of the cosmic tide, me hearties, and join us on this grand odyssey across the star-strewn skies. For in the Space Pirate Authority, every dawn brings the promise of new horizons and untold riches. Yo ho ho, and a bottle of rum!
Legacy Holders
Introducing the LEGACY SKULLZ – a timeless collection of digital treasures set to captivate the hearts of adventurers far and wide. Crafted with care and imbued with the spirit of the cosmos, these coveted pieces bear witness to the legacy of the Space Pirate Authority. Mint 5 MAX per wallet Free on us, join the collective and save them for the Battle Arena!
PLEASE NOTE – you do not need to mass mints these. They are purely meant for onboarding new members. We have added a 50% creator fee to these. This will give 50% of all sales back to SPA. With this in mind we encourage you to sell them and trade them, this supports the growth of SPA.
What are the SPA Mints for?
SPA x DARKKEVN mints are a collaboration to bring fun and utility to our server. We don’t want to offer you just a JPEG which you then do nothing with. We understand the value of art and hope you see it in our projects, however we want more! ALL our mints offer a chance to win prizes within the 1000 pieces, we place prizes in the metadata which you can claim on mint out. This incentivizes people to mint more pieces.
AS WELL, once the mint is completed and the prizes are paid out, you can keep the NFT card and use it in our planned Battle Arena launch in Q4 2024. The Battle Arena will give holders the opportunity to challenge each other with their NFT’s in a Dapp. You will be able to battle in a similar style to D&D or Yugioh, with your friends, as well as put a side wager on the outcome as well (each card holds battle points in the traits).
PIM – Project Income Mechanism
Our Project Income Mechanism (PIM) is meticulously designed to foster project growth and ensure the long-term success of our endeavors. This innovative mechanism leverages the power of reinvestment, taking the monthly profits generated from our mints and strategically channeling them back into our ecosystem and treasury. By doing so, we create a self-sustaining cycle of growth and stability. The core principle behind PIM is to maintain a robust and dynamic financial foundation that can support various facets of our project. Monthly mint profits are allocated in a way that not only bolsters our current operations but also paves the way for future expansions and innovations. This approach allows us to adapt to changing market conditions and seize new opportunities as they arise.
Token Allocation
We allocate 50% of our mint proceeds to token liquidity pools. This strategic allocation enhances our liquidity, providing stability to our token’s value and supporting ongoing project development. By maintaining robust liquidity pools, we can ensure smoother transactions and a healthier market environment, which contributes to sustained positive growth.
Treasury Fund
The remaining Matic from our mint profits is placed into a Treasury Fund, which acts as a financial reserve to support the project’s needs. This fund ensures that we have the necessary resources to address any unexpected challenges and to invest in future opportunities. By maintaining a well-funded treasury, we can continually support the growth and stability of our project, securing its long-term viability.
Team Payouts
We allocate a modest payout of 50 Matic per mint each. This structured, small-scale payout is reinvested into the project through targeted marketing efforts. By channeling these funds back into the project, we enhance outreach and engagement, fostering growth and community involvement. This approach ensures that owner payouts align with the project’s best interests and long-term goals.
Anti-Rug Mechanism
Distributed Control
No single team member has complete control of the project. Responsibilities and access are divided among trusted members to ensure long-term sustainability and mitigate the risks of mismanagement. This decentralized approach enhances the project’s resilience and ensures that decisions are made collaboratively.
Funds Management
Our treasury funds are managed with utmost diligence. A trusted member oversees the funds, and any movement of significant amounts requires multiple signatures. This multi-signature approach adds an extra layer of security, ensuring that funds cannot be misappropriated or misused without the consensus of the team. Our SAFU (Secure Asset Fund for Users) policy guarantees that the funds are protected and transparently managed.
Transparency
All core team members maintain external employment, which underscores our commitment to transparency and integrity. We are not reliant on the project’s funds, which aligns our incentives with the long-term success of the project. Keeping operations on-chain and maintaining full transparency are core principles that we uphold to build and maintain trust within our community.