We are pleased to announce the upcoming drops of the first MMV Utility NFTs via the MMV NFT Hub. These NFTs grant their owners privileged access to specific MMVH services, according to different tiers.
The first MMV utility NFTs to drop will be Spark Staker NFTs which will be used under the MMVH Stakeholders’ program for staking spark towards our production orders, and earn dividends proportional to the amount of spark staked, based on the net profit resulting from sales from the corresponding production order(s) across all our showrooms over Upland. (If you missed our earlier announcements about the MMVH Stakeholders’ program, please read here.)
Currently, we have fully-built factories in Los Angeles (Medium), Chicago (Small), Detroit (Large) and showrooms in Los Angeles (Large and Small), Detroit (Large), and we are finishing the construction of more factories in Los Angeles (Large), Las Vegas (Medium) and showrooms in Los Angeles (Medium), Chicago (Large), Las Vegas (Large).
Spark Staker NFT Tiers
| Bronze | Silver | Gold | |
| Drop date | 22nd March | 24th March | 26th March |
| Total mints | 35 | 20 | 10 |
| Available mints (excluding 5 reserved mints) | 30 | 15 | 5 |
| Early Adopter price | Free | $15 205 WAX 26,320 UPX | $35 475 WAX 61,405 UPX |
| Public price | $10 140 WAX 17,545 UPX | $25 340 WAX 43,860 UPX | $50 680 WAX 87,720 UPX |
| Priority Notification of new production orders | Yes (Bronze tier) | Yes (Silver tier) | Yes (Gold tier) |
| Spark Stake Limit per production order | 1.5 | 5.0 | 10.0 |
| Max number of concurrent production orders that can be staked on | 2 | 3 | 5 |
Those who do not own a Spark Staker NFT will not receive priority notification about new orders going into production and will be restricted to staking on only one production order at any time, with a 0.5 spark stake limit.
Spark Staker NFT drops
Bronze Tier NFTs will be dropped for free to our Discord members who are Honeycomb WAX Verified on 22nd March. You still have time to get WAX Verified before the drop. 2 days after the drop, any NFT remaining from the 30 available mints will be set for public sale at the public price.
Silver and Gold Tier NFTs will be dropped on 24th and 26th March respectively at the respective early adopter price to our Discord members who have pre-registered for them. Pre-registration is now available on our Discord. 2 days after the drops, any NFT remaining from the available mints will be set for public sale at the public price.
We do not have plans to drop more Spark Staker NFTs after this initial set of NFTs sell out, to protect the investment of our Early Adopters. You can also gift or sell your NFT, at any price, to another MMVH member and have the associated privileges transferred from you to them!
We shall only consider more NFT drops in the future if our current Spark Staker NFT holders cannot meet the spark requirements of our production orders.
The early bird catches the worm!
