NFTs

The NFTs built for the 8Bit Doge are in line with the 8Bit theme of the game with each having a unique look and attribute combination. They are based on the Binance Smart Chain providing the capability of almost negligible transaction fees.

8Bit Doge is the first BSC token which has its NFTs directly contributing back into the token itself. The NFTs will be minted through a dApp that was developed by the head developer of the project and will be integrated into our official website shortly before the official mint release. For secondary markets, NFTrade is the first platform to go with. For the in-game NFTs, the perfect platform is not set yet and will be defined along the road. The NFT tokenomics will be complementary to $BITD.

From the total 8888 NFTs - 8000 are PFP NFTs + 888 are playable NFTs

The PFP NFTs would be launched in stages 1 to 4 and the price per NFT mint increases with every batch. The first launch of 1000 NFTs is on Jan 31st, 2022.

NFT Tokenomics:

• 💧50% added to $BITD liquidity

• 🔥25% used to buy/burn $BITD

• 🚀25% added to $BITD marketing Detailed

The BNB from the NFT sales will be added back into the token in the following ways!

Step 1:- 50% of the BNB from the NFT Sales will be paired with $BITD that has been collected by the marketing wallet and then added to the liquidity of the token. More importantly, this gives the marketing wallet an excellent use as opposed to just selling them for marketing funds against the chart.

Step 2:- 25% of the BNB from the NFT Sales will be used to buy and then burn $BITD. This will drive up the token price by creating scarcity of the token as well as establishing a permanently higher price floor that can't be lowered.

Step 3:- 25% of the BNB from the NFT Sales will be added to the marketing wallet for future marketing (This gives the marketing wallet funds in BNB that it needs in order to help market the token without having to sell/spend the collected $BITD tokens.)

For the 1st batch of NFTs launching on Jan 31, 2022, the community voted to make certain changes to the sales from the NFTs:-

• 75% of the first NFT batch sales will go to marketing funds

• 25% into Buy-Back & Burn

The predefined NFT tokenomics would still remain for the overall sales made with the 1st Batch of 8BD NFTs.

Example of tokenomics in action: In this fictitious example we will assume that 0.25 BNB = 10,000,000 $BITD. If a NFT sells for a total of 0.25 BNB, the BNB is used in the following ways: Step 1- 0.125 BNB (50%) from the NFT Sale is paired with 5,000,000 $BITD tokens from the marketing wallet and added to the liquidity! Step 2- 0.0625 BNB (25%) from the NFT Sale is used to buy 2,500,000 $BITD and then it is burned! Step 3- 0.0625 BNB (25%) from the NFT Sale is added to the marketing wallet for future marketing!

Furthermore, fictitiously considering a continuous price per NFT mint of 0.25 BNB (e.g. BNB = 500$) and the total amount of 8,000 PFP NFTs, this would lead to the following totals that flow back into the project. Step 1- 0.125 BNB (50%) x 8,000 = 1,000 BNB (500,000$) added to the liquidity! Step 2- 0.0625 BNB (25%) x 8,000 = 500 BNB (250,000$) from the NFT Sale is used to buy 2,500,000 $BITD and then it is burned! Step 3- 0.0625 BNB (25%) x 8,000 = 500 BNB (250,000$) from the NFT Sale is added to the marketing wallet for future marketing!