01 / MAD CHILL
crypto is stressful. we designed the NUGS token to be a fun escape. it's rug-proof, with all liquidity locked in a smart contract, so you can chill and BLAZE some NUGS worry-free.
02 / DEFLATIONARY
there are 420,000,000 NUGS and the supply is constantly shrinking. every transaction results in tokens being destroyed forever. this the economic principle of scarcity, bro.
03 / 4:20 LOTTERY
daily lottery at 04:20 china standard time. one of the the top 420 holders will be randomly selected to receive a fat sack of NUGS for doing absolutely nothing.
2% fee on every NUGS transaction
1% immediately BLAZED.
1% tossed in the STASH JAR.
these tokens are destroyed forever
reduces supply and benefits all participants
these tokens are the lottery payout
every day at 04:20 cst, one of the top 420 holders will RAID THE STASH
what is the NUGS token?
NUGS is an ERC-20 token designed to bring some fun to the blockchain. it is the first release from the space crops development team.
is NUGS an investment?
no. NUGS is part game, part social experiment. NUGS may have value like most tokens, but should not be considered an investment.
what is the transaction fee?
all NUGS transactions are charged a 2% fee (in addition to the gas that all ethereum transactions require). the fees are used for two purposes:
why the top 420 holders?
how is the daily winner selected?
a smart contract randomly selects the winner and has a series of mechanisms in place to prevent anyone (including the dev team) from being able to influence who gets to RAID THE STASH.
how will the token be distributed?
we have designed our distribution model to put the whale and the guppy on a level playing field.
how many NUGS tokens exist?
NUGS will launch with 420,000,000 tokens in circulation. by the very nature of the NUGS smart contract, the supply will constantly shrink. this deflationary property is part of what makes trading NUGS so much fun.
what's in it for the dev team?
space crops development team will keep 5% of the total supply of NUGS.
why are the devs anonymous?
a few reasons. first, we are drawn to the original crypto ethos of total autonomy. we are deliberately removing ourselves so that the NUGS experiment runs purely on code, with no human intervention, and can develop in a way that is dictated by users, not developers.
next, we are private people in general who became interested in cryptocurrency for the anonymity and censor-proof qualities it offers.
who is behind this token?
space crops development team. we are designers, coders, and crypto nerds that decided to create a series of fun, completely autonomous social experiments on the blockchain to see what happens.