Public Mint Closed. Thank you all. What’s next? Mint summary & remaining supply voting.
The support and feedback from the community has been unimaginable for a new team, on a new chain — in a bear market. We are absolutely humbled — thank you all.
Firstly, our team is incredibly grateful for all the support and positive feedback. As a team who’ve been in the Web3 NFT space for a while — we are well aware that most mints do not go smoothly and it can often be the end of a project before it begins. So watching and hearing such positive feedback from you throughout the journey was pure euphoria.
Why the community support means so much more to us at EXR…
We started this project almost 9 months ago now, have not paid ourselves as 6 co-founders with very senior talent sets, refused to take VC funding — much to their frustration, and poured our souls into this project. We wanted to create a beautiful art collection with a bonus fantasy league racing manager game — that no one has seen before, in a hope that we can uplevel what NFTs mean — and this was an incredibly tough undertaking — but we believe we’ve achieved it.
We’ve put absolutely everything into EXR to get to where it is now;
— Achieved status as the First Blue Chip NFT collection by having one of the biggest ever Mint sales on Moonbeam Network.
— Developed 3 different separate NFTs collections for just 1 drop — offering 3 bonus NFTs at no cost to the user.
— Registered~7,500 users pre-mint as a new team on a new Dotsama chain
— Recognized by the community as having one of the best NFT mint experiences in web 3
— Partnered with Biconomy to create the first near gasless NFT experience on Moonbeam
— Partnered with API3 to run the first on chain lottery on Moonbeam for an NFT draw
— Created first ever Candlestick NFT auction tech on Moonbeam in partnership with Moonbeans
— Pre-mint, for the candlestick auction we hit 3 of the highest ever pre mint sales on Moonbeam.
— Architected Moonbeam’s first ever NFT smart contract allowing for nested, multi-collection drops
— Successfully audited by global security audit leader Halborn.
— Partnered and launched on Moonbeans, NFTtrade, and Treasurland NFT marketplaces simultaneously
— Achieved the highest trade volume status on NFTtrade on Moonbeam within just a few days
— Received millions of impressions for all our creative social campaigns
— Designed: 4 teasers reels, 4 reveal reels, 2 game teasers, ran ~5 amas and released and created an AR visual demo.
— And we’ve also built a working alpha for the EXR game to launch in coming months https://twitter.com/exiledracers/status/1530552345020444673
The Numbers for the Nerds.
- Average TX fee of US$0.02 thanks to Moonbeam.
- 1763 Pilot Keys were claimed ~60% mint out
- 0 Failed TXs 🤯
- 770 unique owners
- 1.6 Avg number of mints per wallet
- 20 was the highest mint count
- US$15.50 total spent on TX fees from 890 TXs kek
Sales contract here — https://moonscan.io/address/0x353D0a5FAFe422cD31884Afb19b7c69630dDD145
Now for the HOT topic — voting on remaining Mint Key supply
Outside of all the blood sweat and tears we put into making EXR a success above — there is some really important further context. Firstly, there was very little data for us on the total size of the NFT market on Moonbeam — we are trailblazing in many ways — so we optimistically set our initial supply at 3000. We had a total of ~7500 registrations between the time we first introduced the project in January, and minted May 31st.
While registrations were sizable and a good metric for interest in the project, the market conditions shifted considerably over the last few months and we were launching on a new niche chain so there was some unpredictability. But with excitement from our team and the community behind us we decided to continue with the launch as planned.
Launching on a new network was always going to come with uncertainties, and we always anticipated the EXR ecosystem growing alongside Moonbeam’s reach. This was one of the main reasons for creating the ERC721Fragmentable extension, allowing us to release each collection in phases over time. As the NFT market grows on Moonbeam, and we attract more people to the EXR ecosystem, we have the option to introduce more NFTs into the ecosystem when and if the time is right.
What’s next? We are now building a voting tool for NFT holders to vote on the remaining supply topic.
We want to make sure all of our EXR Community have a say in what happens to the remaining 1237 Pilot keys. Our options all revolve around burning the keys and stashing some of the remaining collection into the overall treasury / prize pool for races. Keep an eye out on Twitter and Discord over the next few days as we’ll be releasing a full blog post with the options and details on how to vote before the Pilot reveal phase of the mint. Voting will be happening in the days leading up to the Pilot Reveal (Phase 2) of minting.
FYI: heres a reminder visual of the phases now that you have your Pilot keys.
The EXR team.
