Chainbinders
A first-of-its-kind deflationary set of NFTs backed by real value in $ETH
The gathering storm is here!
The world of Chainbinders takes place in the near future — a large solar flare brings humanity to the brink of extinction, the ensuing chaos bringing about the destabilization of society. The solar flare kills most of the humans it comes in direct contact with — but a few destined children around the world survive the event, gaining mysterious powers. The focus of the story revolves around fifteen of these children, who come to be known as Chainbinders — named such for their unique and singular appearance. Chainbinders seek their Collectors, individuals with the ability to restore a Chainbinders to their full strength.
- Rare NFTs are worth more ETH than common NFTs
- Unbinding increases both the scarcity and ETH value of remaining NFTs in the set
Like all Doki NFTs, Chainbinder NFTs were minted natively on Ethereum and bridged to Polygon. Using the Doki Doki collection page, you can transfer the NFTs back to Ethereum L1 for safe-keeping.
In the beginning, 1,255,206 $BND tokens were minted along with 125,520 NFTs. The Gacha costs 10 $BND per play and the 100% of the tokens are burned, making $BND a hyper-deflationary. The circulating supply of $BND will reach zero once there are no NFTs remaining in the machine. No additional $BND can ever be minted, however you can still experience Chainbinders by purchasing $BND on the open market and playing the Gacha!
As of August 2021, over 700k BND tokens (~ 55% of the supply) have been locked in the machine contract and removed from circulation. Source
Unbinding is the process in which a player sacrifices their Chainbinders NFT along with a small amount of $AZUKI tokens in exchange for ETH. 10% of the extracted value loops back into reserve pool which increases the redeemable ETH value of the other NFTs, rewarding long-term collectors.
Below table displays the # of copies, roll probabilities, ETH values, and Azuki required to unbind for each Rarity from common to Legendary. The base value (ETH) for each non-binding failed NFT increases over time, as players perform unbinds.
Rarity | Uniques | Copies/Unique | Total Copies | Base Value (ETH) | Roll % | Azuki |
Legendary | 15 | 60 | 900 | 0.831366 + | 0.72% | 100 |
Ethereal | 15 | 250 | 3750 | 0.185276 + | 2.99% | 25 |
Mythic | 20 | 500 | 10000 | 0.053445 + | 7.97% | 6 |
Rare | 25 | 1200 | 18125 | 0.0221151 + | 14.44% | 3 |
Common | 25 | 30000 | 1200 | 0.0089075 + | 23.90% | 1 |
Binding Failed | 14 | * | 62735 | 0 | 50% | N/A |
Jackpot | 3 | 3 | 9 | 2.96916 + | 0.007% | 500 |
For up-to-date stats, check the Chainbinders official collection page, or this tracker made by community member Ran.
Last modified 1yr ago