WELCOME TO THE
VELAPES ACADEMY
Velapes Academy is the first ape collection of 4,444 Ape NFTs—unique digital collectibles living on the Velas blockchain. Your Velape is your key access to the Velapes Academy and will collect passive income.
Get your ape for 250 VLX.
MINT PROCESS
PHASE 1
The phase 1 is a private sale. There will be a maximum of 1000 Velapes allocated to phase 1. This phase is only accessible to Velas Punks Holders to acknowledge this partnership. As an early minter you will benefit more rewards from the minting fees as a reflection. The phase 1 will last three hours.
PHASE 2
The second phase is public and it will starts right after the first phase. During phase 2, anyone can mint a Velape at the same price of the private sale. You will also benefit from the minting fees of the next minters. This phase will last until all Velapes are minted.
TOKENOMICS - PASSIVE INCOME
Velapes Academy uses an all new reflectionary minting system that earns Velape holders VLX. This means that 10% of every minting fee is reflected back to existing Velapes holders and can be claimed at any time! This process has been created to reward early Velape adopters in such a way the earlier you are the more minting fees you receive!
Mint is over? Passive income continues! Velapes academy uses the EIP-2981 standard for royalties. Most of the marketplace sales royalties will also be distributed in the reflection reward pool.
ABOUT VELAPES ACADEMY
All of the Velapes art are stored on IPFS, the InterPlanetary File System is a peer-to-peer hypermedia protocol designed to preserve your velapes.
At the Velapes Academy we don't have any dress codes, every ape is welcome! That said, some Velapes have more style than others.
Velapes dress code are scored based on their attribute tier. Some of these attributes come with several tier levels. The higher the tier, the higher the dress score.
ROADMAP
We are comitted to create the following features for the Velapes Academy. To keep it fair for apes, we will wait until every ape joined the academy before launching these additional features.
1 Launch of the Velapes Academy
2Collection & Ranking
3Earnifty, the nft yield optimizer for more passive income
How to mint?
To mint an ape, you will need 250.1 VLX (0.1 for the gas fees) on the Velas EVM network on a metamask Wallet connected to the Velas EVM network.
You can configure your metamask wallet to support Velas Network by following this little tutorial.
You can transfer VLX from Binance Smart Chain to Velas Network by using the bridge of the official Velas Wallet. You will then be able to send those VLX to your metamask on the Velas EVM network.
How to mint with a ledger device?
You need to enable Blind signing and to display debug data in your ethereum app settings.
When? Price? Supply?
There will be 4,444 Velapes for 250 VLX each. The mint will start on Feb 24th with the private sale for Velas Punks holders during few hours. The public sale will starts right after the private round.
How can I see my velas ape on metamask?
Metamask does not support NFT browsing on their desktop extension for now (but this feature has been announced by their team & should come very soon). In the mean time, you can view your NFTs on our website or in the metamask mobile wallet by importing the contract address and your Velape ID.
What is the contract address?
0x5a942D86d803a4189c364bd6F27E151d1FAA8efb
What is the reward pool on the top of the website?
These rewards come from two sources of revenue. The first one is our reflection system provided by our tokenomics. This system has been created to reward early Velapes holders by distributing to them a part of the minting fee. The more early you get your ape, the more fees you'll get as rewards.
Velapes Academy also use the NFT Royalty standard EIP-2981. Hence, part of the royalties will also be distributed in the reward pool for Velapes holders.
How does the rarity and ranking system work?
Velapes Academy comes with its own rarity and ranking system based on Tiers.There are 3 categories for each trait: Tier I, tier II and tier III. The higher the tier, the higher the rarity. On top of this, each asset within a given tier can have a rarity score in a range related to this tier. The global score of your ape can be calculated by adding each trait rarity score. The ranking will be based on this global score.
What is the utility of a Velape?
Velape Academy is in a first place an art collection. When you buy an ape, you buy a piece of art. You own the underlying Velape, the Art, completely. Ownership of the NFT is mediated entirely by the Smart Contract and the Velas Network.
However, as a bonus. We will be adding some funny features that are described on our roadmap.
Velapes Academy
4,444 Apes on Velas.
© 2022 Velapes Academy