Neon Burn Packs
We’re proud to announce the release of a new pack mechanism within the Neon Space collection, Burn Packs. These will be 1-card packs sold exclusively for Neon Blend Tokens. For more info on our Blend Token economy, read our whitepaper.
Neon Burn Packs continue our idea to distribute new original artwork that can be obtained by engaging within the Neon Space collection through burns and blends. We hope to continue to develop scarcity within our collection by creating a “currency” utility with our lower rarity NFTs.
Burn Packs are 1-card packs that pull from a pool that exclusively contains glow (100 max mint) and neon (25 max mint) versions of our “burnstreet” schema signs in our two highest rarities. All NFTs will be pre-minted.
This pool will continue to evolve and grow as new Burn Street signs get released monthly.
A lit rarity NFT (400 max mint) costs ONE Neon Blend Token. We priced the Neon Burn Packs at FOUR Neon Blend Tokens because the most common thing you can pull in the packs are 4x as rare as a Lit (Glow at 100 max mint). You also have a chance at pulling a Neon which is 8x as rare as a Lit.
Burn packs will be released in batches of 55 every Saturday, beginning on Saturday, January 29th, 2022 at 22:15 UTC. This will become a part of our typical Super Blend Saturday events alongside naked blends and burnstreet Lit rarity releases.
Every Saturday event splits these releases into two batches, half at 22:15 UTC and the other half six hours later at 04:15 UTC. This is to allow fair opportunity for collectors across multiple time zones.
Each pack will be sold exclusively for FOUR Neon Blend Tokens.
Blend tokens can be obtained as an FT through DeFi exchanges like Alcor Exchange and converted through the tokenizednft smart contract, or by blending any two dim rarity Neon Space NFTs, or any one lit rarity (or promo) Neon Space NFTs. For more information on obtaining these blend tokens see our article here, or the full whitepaper here.
Background on Burn Street
Burn Street is a unique schema within Neon Space NFTs where new artwork is released monthly in the Lit rarity and is obtained solely through the Neon Blend Token.
This schema specifically creates a burn mechanism for lower rarity and duplicate Neon Space NFTs, and creates a deflationary pressure by burning NFTs to obtain new artwork. This effectively reduces the total supply of Neon Space assets and makes them more scarce over time while also making all Neon Space schemas relevant long-term.
See current open blends for Burn Street here on NeftyBlocks.