Frequently Asked Questions
Introduction
The Ether Cards platform is a community-driven NFT framework. It enables creators to maximize the value of their NFT assets or series by expanding the capability of NFT Marketplaces. It allows anyone to set up events, puzzles, bounties, and a dozen other different utilities for any NFT asset of their choice. Ether Cards is a fully integrated ecosystem, composed of two major parts. These are the platform and the Ether Cards (membership card NFTs).
NFTs, or non-fungible tokens, are a new type of digital asset based on the ERC-721 token standard. They are analogous to physical objects in the real world. NFTs are the physical objects of the blockchain world. Like two statues, they can be similar to each other but unique and non-interchangeable. Ownership of these assets is recorded on a blockchain, in this case, Ethereum.
The community was able to purchase Founder Collection Ether Cards during the main sale between March 18th and April 8th. Some of these cards are available on secondary markets like OpenSea.
The unsold cards are held in a vault to be used in future spot sales, collaborations, giveaways, promotions, events, mystery boxes, upgrades, the Forge, and more!
Make sure you stay up to date via our Twitter, Reddit, or Discord, to ensure you don’t miss out on the next amazing opportunity to get one of the remaining Founder Collection Ether Cards.
Other Ether Cards will be minted by creators for their own events once the platform is live, but these will not receive the same benefits or fall within this initial limited-edition collection.
Ether Cards are advanced NFT cards with an initial use-case allowing the community to use the platform and its features with increased benefits. Although the wider public can still use the platform, only Ether Cardholders will receive additional benefits such as receiving free services, discounts, VIP Access Passes, free NFT drops, and other special attributes. Over time, cardholder benefits will expand to other platforms, websites, real-world events and items, and industries.
These membership cards are used to engage with a creator’s community and encourage participation in rewarding activities. For more information on Ether Cards, please visit the Membership Card section of this FAQ or the Membership Card page.
Sale
The presale was for early supporters who couldn’t wait to get their hands on their Ether Cards prior to the main sale. It was open for less than one week with 25 OGs, 154 Alphas, and 1,573 Commons sold. Cards sold in the presale receive a special “Phoenix” Trait.
OG Cards started at 20 ETH, increasing to 40 ETH near the end. Alphas were sold for 5 ETH, and commons were sold for 0.5 ETH.
The sale opened on March 18th at 9 AM EST and finished on April 8th at 9am EST.
This is the current pricing structure for all cards:
- Commons start at 0.3 ETH and the final Founder sold was at 1.75 ETH
- Alphas start at 5.0 ETH and the final Alpha sold was at 10 ETH
- OGs start at 30 ETH and sold out at 55 ETH
All cards should already be visible in your wallet with the assigned artwork and Traits.
Platform
The Ether Cards platform is a community-driven NFT framework. It enables every creator to maximize the value of their NFT asset or series by expanding the capability of any NFT Marketplace. It allows anyone to set up tickets, puzzles, bounties, and a dozen other different events for any NFT asset of their choice.
Anyone can use the platform, but Ether Card owners will receive additional benefits such as free services, discounts, VIP Access Passes, free NFT drops, and other special bonuses.
Yes, you can set up your own event on the Ether Cards platform, either minting your own NFT, or using an existing one minted on another platform like Nifty Gateway, Rarible, or OpenSea. Currently, the platform supports both ERC-721 and ERC-1155 token standards. All event proceeds are kept by the event creator except for a one-off set-up fee for each event.
The platform is almost ready to launch. There are just some extra things we need to do before it will be ready. The expected launch date is likely to be around the end of June.
Please note that this is simply an estimation and may change without notice.
Some of the first features to be released on the platform will be the ticket system and puzzles.
The ticket system allows users to allocate a set amount of tickets to an NFT, or set of NFTs. The user can also allocate how many tickets will receive an NFT(s) ranging from only 1 ticket to every ticket. This allows the set price per ticket to be listed at much lower than the value of the NFT without compromising on the amount the seller receives from the sale.
Puzzles allow creators to create “collections” of NFTs and allocate prizes of ETH or new NFTs for users who complete the collection. This creates a very exciting ecosystem where the value of a card might be increased if it is required by one user to complete a set.
This is likely to occur soon after the platform is launched. No specific date has been announced yet. You can still buy or sell Ether Cards on other marketplaces like OpenSea or Rarible.
Membership Cards
There are four types of Founder Collection Ether Cards, totaling 10,000 cards — 10 Creators (not for sale), 90 OG cards, 900 Alpha cards, & 9,000 Founder cards.
OGs are the most valuable, with art from top-tier artists in addition to an “Accidental Collaborative” artwork. OGs also are most likely of all card types to hold special Traits.
Alphas also may receive unique and limited art from top-tier artists in addition to an “Accidental Collaborative” artwork. They have a 2x increase in the chance of receiving special Traits.
Founders receive “Accidental Collaborative” art made up of five layers. Each layer has a random chance of receiving art from any of the artists in the layer pool, creating an almost infinite number of unique art pieces. Founder cards may receive art from a common art pool and/or from 1-3 different artists with those having fewer common layers involved being rarer and potentially seeing higher demand on the secondary market.
The rarest Founder cards are “Perfects” that have all five layers from the same artists.
Founder cards still have a chance to receive any Trait, even the most elusive and rare ones.
Many Trait benefits and future bonuses will increase exponentially based on your card type, with OGs more likely to receive greater benefits than Founders.
Ether Cards are advanced NFT membership cards that allow the community to use the platform and its features with increased benefits. Although the wider public can still use the platform, only Ether Card owners will receive additional benefits such as receiving free services, discounts, VIP Access Passes, free NFT drops, and other special attributes. These cards will continue to receive other benefits as the ecosystem develops and new partnerships are made.
The membership cards are used to engage with the community and encourage participation in rewarding activities. For more information on Ether Cards, please visit the Membership Card page.
Traits
To see a complete list of Traits please visit the Traits page of the Ether Cards website.
Traits are assigned using Chainlink’s VRF (Verifiable Randomness Function) to make sure the selection of Traits and distribution is transparent and completely random.
The only exception to this is where a Trait is only available for certain eligible cards such as the Phoenix Trait which is on every card purchased during the presale.
Traits started to appear on the cards a couple of weeks after the sale was completed. To see the Traits on your card, view your card on the Ether Cards wallet page, then click on the box in the top right corner. This will show all the Traits assigned to that card. You can then click on each Trait icon to see a brief overview of it.
We use Chainlink VRFs and as such, have no way to alter the unpredictability generated by this functionality.
Yes, they are still standard ERC-721 NFTs, with no restrictions in selling/transferring them. All Traits and artwork assigned to the NFT will transfer with it. Upon transferring the Ether Card, certain Traits may require a cool-down or activation by the new owner before they become active. This is to avoid manipulation and spamming of high-value Traits.
They can be viewed, bought, sold, or transferred on any NFT marketplace that accepts ERC-721 NFTs.
Currently, there is only one exception to this, being the Pristine Status. This status is lost as soon as a card has been transferred or sold. It is also lost if a card is manipulated in any way, such as by the Forge.
Although OGs have the highest chance of getting limited and rare Traits, all cards, including Founders have the potential to receive any of the Traits, regardless of how rare or limited they are.
Note: “Phoenix” and certain vanity Traits are limited to some cards only.
The Phoenix Trait is assigned to all cards purchased in the presale. This is our way of rewarding early adopters and supporters. The Phoenix Trait is the gift that keeps on giving, for a while at least!
This Trait will receive ongoing NFT drops from some of Ether Cards’ onboarded artists for a set period of time.
Once finalized, the drop details will show as follows:
Presale OG Cards will receive art drops from some of the best artists ever to sign with Ether Cards.
Period: TBA Number of drops: TBA
Presale Alpha Cards will receive art drops from a wide variety of artists that have signed with Ether Cards with chances to receive drops from OG artists.
Period: TBA Number of drops: TBA
Presale Founder Cards will receive art drops from any of the artists that have signed with Ether Cards with chances to receive drops from Alpha artists.
Period: TBA Number of drops: TBA
This is not the end of benefits for Phoenix Trait holders, actually… the best is yet to come.
The Ether Cards platform will showcase some of the example use-cases that can be done with the Ether Cards framework. This framework can be integrated with other projects.
Any individual, team, or project can use this framework via the Business Platform to create their own series of Ether Cards. These cards can include all traits currently listed on the website, and we aim to increase this list as the platform develops.
For example, an artist might create their own Card which they hold with a royalty trait linked to all their NFTs. This will ensure they get paid a royalty fee for all sales of their art.
Another example might be a sports team creating their own Membership Card series that gives holders a discount Trait when purchasing merchandise or tickets from their online store.
Layer Art
Layer Art is the core component that makes up the “Accidental Collaboration” artwork featured on every Ether Card in the Founders Collection. Essentially, every piece of art in this collection is made up of five layers of artwork. Each layer is randomly selected from a pool of art from a range of artists, or from the common art pool.
On one end of the spectrum, a card may have no artist assigned to it, consisting of five common layers. On the other end are “Perfect” cards with all five layers coming from the same artist. The majority of cards will be a mix of common and artist-attributed layers.
Most cards will have no more than three artists assigned to it, technically however, one card could have up to five unique artists assigned to it. To learn more about these layers please read the “Accidental Collaboration” blog post.
Yes, every single card in the Founders Collection has “Accidental Collaboration” art. This is displayed on the back of OG and Alpha cards as the front is reserved for their special main art.
The Forge
The Forge is a special room where you can manipulate, merge, and upgrade your cards. The first ability collectors can use this room for is to combine art layers from two different cards to create a new combination of art. This is not cheap and will require one card to be sacrificed. The discarded card will also lose the Traits assigned to that card.
When using the Forge, you will first select the layers you would like to use from both cards. Then you will select the Trait set you want to keep, which will identify which card is used as the base to build the new combination of art on. The Card # with that set of Traits will also be retained with the other Card, Card #, and set of Traits lost forever.
Using the forge feature on a card will also result in that card losing its Pristine Status if it has it.
No, you will only keep one card. The other is sacrificed in the Forge and will be burned. The only way to keep both cards is to sacrifice a card with an unused Forge Protector Trait on it. The Trait will be burned instead of the card.
You will be able to choose which set of Traits you keep, you will not be able to pick and choose individual Traits.
The serial number assigned to the set of Traits you select is the prevailing one that is assigned to the card you keep.
Technically any card can be used in the Forge. You could use art from a Founder to upgrade the “Accidental Collaborative” artwork on an OG or Alpha. The unique art on Alphas and OGs will remain intact unless that card is sacrificed.
Pristine Status
The Pristine Status is the status given to any card that has not been transferred, sold, or manipulated in any way. To unlock this status it must have remained in the same wallet for 30 days from May 1st to June 1st. Any card that unlocked that status will receive an extra permanent Limited Edition Trait slot.
It is important to note that the Pristine Status is NOT a Trait and can be lost. Using the Forge, transferring or selling the card, or manipulating it in any way will void the Pristine Status. Think of it as similar to the status given to an unopened collectible in its original packaging.
There is currently no way to transfer this status to another card or person. This means that if someone has the Pristine Status, then they are 100% an OB (Original Buyer) from the Ether Cards sale.
Upon unlocking, the card assigned will receive an EXTRA and permanent common Trait. This Trait will remain with the card like any other permanent Trait, even if the Pristine Status is lost.
The Pristine Status will provide other ongoing benefits to their cards over time, however, these are not publicly available yet. That status will also provide an ongoing benefit related to Dust for as long as the status is held on a card.
Currently, there is no method upon which the Pristine Status will be carried across to another wallet, even if that wallet is also under your control.
No, Pristine Status applies to each card individually, this means your wallet could include cards both with and without Pristine Status. Transferring, selling, or forging a card will not affect the status of any other card.
Dust & Card Levels
Dust is a mechanism used to allow Ether Card owners to improve their cards, unlock levels, upgrade, add extra skills, and purchase other bonuses via Mystery Boxes. After holding a card for 30 days, a card will start to earn dust, and automatically unlock level bonuses after filling up that level’s dust meter. To learn more about this mechanism, read the Dust blog post.
All cards held will collect ‘Magic Dust’.
Starting from the beginning of ‘Level 1’, cardholders will accumulate dust daily, filling up their bag over a 30 day period. When the 30 days elapse, they will complete Level 1, unlocking the first set of benefits.
These rules will continue to apply in a similar manner as dust is further collected, with increasing discounts. The progressive rewards schedule will look as follows:
- Total 30 days BEFORE dust collection starts: Level 0, no bonus upon unlocking
- Total 30 days of dust collection to unlock bonus: Level 1 (most cards will start at the beginning of this level)
- Total 60 days of dust collection to unlock bonus: Level 2
- Total 120 days of dust collection to unlock bonus: Level 3
Dust can be held onto, providing ongoing benefits to the cards, or it can be spent to purchase “Mystery Boxes”.
Mystery Boxes
The gamers among you will be familiar with the concept of loot boxes, and their potential to bring in-game assets to another level through various improvements to their baseline traits. That’s the basic principle of how ‘Mystery Boxes’ will work on the Ether Cards platform: in exchange for a ‘Magic Dust’ sacrifice, users will get to purchase a mystery box of their choosing with a range of surprise rewards.
There will initially be three types of boxes of various rarity levels: Bronze, Silver, and Gold. The more expensive the box the more valuable the items.
Currently, we are still working on filling all the boxes, but some of the types of items we are trying to include are:
- Temporary & permanent Traits
- Bonus Dust
- CryptoPunks
- Founder Cards
- Alpha Cards
- Physical Ether Cards
- NFT Drops
- Double Dust earn rates
- Free Forge Protector
- Ether Cards Collectors Case
There are even bigger and better prizes that are only available in Mystery Boxes that are unlocked using Ether Keys. These premium items are going to be hard to obtain but extremely valuable.
Easter Eggs
Easter Eggs are hidden surprises. They can vary from underlying connections between cards, to secret messages, to unlocking powerful rewards. If you are lucky, you might even find an extra card or two.
Some eggs require the user to hold the relevant cards in their wallet to unlock the benefit, while others simply require it to be found, regardless of who’s wallet the card sits in. Remember, not every egg will provide a tangible reward, some may simply create awesome and rare collections or bragging rights.
Yes…
Secondary Markets
Yes, you can buy or sell Ether Cards on any marketplace that supports ERC-721 tokens.
This fee is set by us and it is quite standard among projects and creators to have a fee on secondary sales. On Rarible, for example, the default fee by creators is 12%.
This fee is not covered by the buyer but is taken out of the sale proceeds with the remainder given to the seller.