eBuds Roadmap for 2023 and beyond.
eBuds is a revolutionary NFT project that aims to push the boundaries of what is possible with the Elrond blockchain. We are committed to achieving this through a combination of hard work and innovative thinking. eBuds is a Decentralized Autonomous Community (DAC) powered by Draco Labs, that aims to become an Elrond node. The project’s main goal is to create a community of eBud holders who can participate in the development and growth of the project.
eBuds:
Was launched in February 2022 as an experiment, with the goal of creating 1000 unique NFTs, 10,000,000 tokens, and 1000 days of creation. Our target for transactions is 1,000,000, and we are committed to pushing the Elrond blockchain forward with our project.
2022 tx target: 1000tx (result: +4000tx)
2023 tx target: 10,000 tx (To Be Announced)
2024 tx target: 100,000 tx (TBA)
2025 tx target: 1,000,000 tx (TBA)
eBuds NFT collection:
Is the first piece of the puzzle. The eBuds NFT collection is a great investment opportunity for EGLD holders, as it allows them to stake EGLD and earn rewards in the form of EGLD and EBUD tokens.
Staking Provider Change:
Starting in 2023, all EGLD raised from minting eBuds NFTs will be invested with Gokai Labs in the Road to Node project. This change of staking provider will bring more transparency and efficiency to the project.
EBUD token
The EBUD Token remains independent, and its distribution will continue according to the initial plan. Currently, about 20% of the total supply is on the market. The price of an EBUD Token is not set by eBuds DAO, the value exists and it has a market cap of about 80 EGLD (3400$), almost double the amount we raised from minting eBuds.
EBUD Token Utility:
Starting now, eBuds is in talks with Gokai Labs, to find a solution to use EBUD tokens in their weed shop in Thailand. As you may have guessed, in Thailand the trade of cannabis products is legal.
This phase will bring utility to the EBUD token and will increase its value, as it will be used as a means of payment in a real business.
Liquidity pool:
To ensure instant liquidity for EBUD tokens, we are working on a second collection of NFTs, a limited collection with a different purpose.
The second collection will include 100 NFTs, 50 minted with USDC and 50 with EBUD. This way, we will ensure liquidity, instantly. NFT names and prices will be announced later.
We invite the entire Elrond community to join us, and become a part of the eBuds community. We are working on a Discord server and will announce when it’s ready. Let’s start 2023 with the same objectives but a new, more transparent development plan. We are ready for xPortal,xFabric,xWorlds.
