# Chad Culture Introductory Statement from the Founders Chad Culture is all about bringing back the good vibes of 2021 NFTs world and making it the space great again. We believe that NFTs are more than just fancy digital assets - they're a reflection of who we are and what we stand for. At Chad Culture, we're all about celebrating the alpha mindset. We're talking about the kind of people who make moves, break barriers, and look damn good doing it. We're building a community of badass, like-minded folks who share our love for NFTs and all things cool. Our goal is to create a collection that's not just visually stunning but also fosters a sense of belonging and camaraderie among its members. We want you to feel like part of the squad, like you're part of something bigger than just collecting some sweet NFTs. In this Gitbook, we'll give you the lowdown on everything Chad Culture - our mission, objectives, team, partners, and how to get in on our upcoming NFT drops. Whether you're a seasoned NFT collector or a total newbie, we want you to join us on this wild ride and help us shape the future of NFT culture. # Background The Origin of Chad Culture The story of Chad Culture began in 2021 when our founders, a group of passionate NFT investors, were riding high on the good vibes and excitement of the NFT boom. We were buying and selling cool digital art, connecting with other like-minded collectors, and feeling like we were part of a movement that was changing the game. But as time went on, things started to change. The NFT market became oversaturated with low-quality projects, and the hype began to fade. We started to lose faith in the space, and we felt like something was missing. We missed the energy and excitement of 2021, and we wanted to bring it back. That's when we came up with the idea for Chad Culture - a new NFT collection that celebrates the spirit of the alpha and brings back the good vibes of 2021. We wanted to create a collection that was more than just a bunch of digital art pieces; we wanted to create a community of badass, like-minded individuals who shared our vision for what NFTs could be. So, we got to work, and after many long nights, we finally created the Chad Culture collection. It's a tribute to the era of 2021, with a modern twist that celebrates the alpha mindset and everything that makes NFTs awesome. Our hope is that this collection will not only be visually stunning but also create a sense of community and belonging among its members. We want to revive the energy and excitement of 2021 and make the NFT space great again.
# Project Scope We gonna try some shit, and then try some more shit! ## ChadDAO (We are building an actual DAO unlike every other project that advertised this) At Chad Culture, our goal is to build more than just an NFT collection; we want to create a community that celebrates the spirit of the alpha and empowers its members to take control of their financial future. To that end, we've created ChadDAO, a decentralized autonomous organization that will be the backbone of our community. ChadDAO is a community-driven platform that allows our members to have a direct say in the direction of the Chad Culture collection. Every holder of our NFTs will have the opportunity to participate in the DAO, giving them a voice in how the project evolves over time. ## Royalty Fanout One of our core values at Chad Culture is fairness, which is why we're implementing a unique fan-out royalty system. When our NFTs are resold on secondary markets, a percentage of the sale price will be distributed equally among all current NFT holders. This means that every member of our community will have a chance to benefit from the success of the project, whether they're a seasoned collector or a first-time buyer. We believe that this fan-out royalty system will help us build a more engaged and committed community. By giving every member a financial stake in the success of the project, we're aligning our interests and creating a sense of ownership among our members. It's our hope that this will foster a sense of camaraderie and collaboration among our community members, helping us to build something truly special together. ## The Breakdown Whenever a Chad is sold on a marketplace, a fee of 10% of the sale price is charged to the buyer. This fee is then distributed equally to all Chad holders, based on the number of Chads they own. So, the more Chads you hold, the higher your commission per sale. For instance, if a Chad is sold for 10 SOL on Hyperspace, the fee charged will be 1 SOL (10% of the sale value). This fee will then be divided by the total number of Chads held by all holders, and the resulting commission will be distributed instantly to all Chad holders based on the number of Chads they own. This unique system ensures that Chad holders benefit from high sale volumes and prices, something that we see with every top collection on Solana. It also enables them to take profit at any time without feeling guilty, as every Chad holder benefits from every sale of a Chad. # ChadDAO Yes, we are building an actual DAO. ## $BUFF There is nothing like earning commissions and $BUFF token at the same time. Earn commissions in SOL and use our proprietary $BUFF token for exclusive Chad Culture perks. ## Tokenomics Total Supply: 55,555,555 $BUFF Team: 5,555,555 $BUFF Circulating: 20,000,000 $BUFF Locked: 25,000,000 $BUFF Value: 1 $BUFF is 1 $BUFF ## In-Wallet Staking Following the airdrop, tokens will be earned through in wallet staking, being active in our Discord, daily gym checks and raiding on Twitter. By utilizing in wallet staking, your Chad can earn both their commission and token! # $BUFF Store Everything in one Store ## What is it? $BUFF store is a way to unload the hard earned $BUFF token that you received just for holding your Chad safe in your wallet. The store will be comprised of real-life items that can bring a use-case for the token and give holders opportunities to purchase cool items for "free". ## List of Items: * NFT's * Concert Tickets * Vacation Oppurtunites * Subscription Box's * Clothes * Workout Gear # F.A.Q Questions you may have, or we have been asked. ## When is mint? TBD ## How will the mint funds be used? 1. Funding project utility. 2. Building out our team. 3. High-End Raffles. 4. Marketing and collection growth. 5. Ensuring project longevity by creating a lasting brand. ## What is the supply and mint price? The total supply of Chads will be 5555 and will be minted at 2 SOL. (Subject to change) ## Royalties? Chad Culture does not use the term "Royalties." We will have Chad Commissions. Please refer to the Chad Utilities page for more details on Chad Commissions. ## What are Chad Commissions? Chad Commissions is the fee that is paid by the buyer of a Chad that is then distributed to the holders of Chads. (Fee/5555=Commission per Chad)