We have been overloaded with questions about what the Diamond Hand Club actually is and how it works so we decided to add a blog post detailing the specifics regarding the benefits of been part of the Club. We hope you will find the information shared useful and that it clears up any questions you may have!
Our Diamond Hand Club members have some exclusive benefits including
There are two groups of Diamond Hand Club Members
The Exclusive 10
These are investors that purchased one of our Exclusive first 10 NFTs. They have their share of the casino profits and will reap the rewards of 20% shared exclusively by 10 members only. As an example and for the sake of this conversation, let us assume the casino generates $1m in revenue in the first quarter of trading, each one of the Exclusive 10 will share $20 000 each.
The Reaming Members
Everyone else in the diamond hand club will share 10% of the casino profits between them. Eventually, there will be a limited amount of members in the final group which we expect to be about 90 in this group category sharing 10% of the casino profits. We will based on revenue decide to increase this from 10% to 20%. In the same scenario above, each one of the members in this group would earn $1 111 per quarter based on a Casino profit margin of $1m.
We have compiled a list of questions and answers we commonly receive below for you to review all the details surrounding the Diamond hand Club. Remember to also check all our Community AMA’s where we have discussed all the details.
What is the criteria for joining the Diamond Hand Club?
– As you are already aware, we have migrated from WanaMoon to MetAces. If you migrated your tokens and LOCKED them for either 3 or 6 months you will qualify for the club
– If you purchased into Private Sale on MetAces, Contributed a minimum of 2BNB, and locked your tokens for 3 or 6 months you will also qualify
– If you have purchased one of our NFTs on OpenSea you will qualify for the club
– If you own more than 1% of the supply you will qualify
What happens if I sell my tokens?
If you sell a single token, your club membership will be revoked. The Diamond Hand Club is exactly what it says, we will reward our holders with endless benefits just by holding our tokens.
When will the first profits be paid?
We anticipate that the first financial report will be ready 3 months after we have gone live, So we expect this to be at the end of Q2. We will however wait 2 weeks after the Q2 before the first batch is paid, this is to eliminate the people that sell once their tokens are released from what was locked for 3 months. Again, we will only reward Diamond Hand Holders. We will follow the same process at the end of Q3 as there are several wallets that will become available to investors that locked their tokens for 6 months.
Do you have any other questions?
Feel free to reach out to @svenmoon or @cvnmoon on Telegram or contact us directly from the website. We will be happy to answer additional questions you may have. We highly encourage you to check our AMAs on YouTube, there is allot more information available there.