Council of Elves
2000 hand drawn, unique NFTs, 1900 Mushrooms and 1000 Elves The Council of Elves is a fully decentralised procedurally generated NFT series of 2000 NFTs, Mushrooms and Elves, where the creators yield control to a community, and allow members of the community to become sole stakeholders. The potential for growth is immense, and the direction is determined by the Elves. Council of Elves was created as a germination space within the NFT scene. There are countless projects popping up every day, but they flame out as fast as they come. For a project to sustain itself, it needs a strong community, and ample room for that community to define itself. Our community-first approach will be unique in the NFT space. This is your chance to be an integral part of a project and contribute to its future! The initial distribution is 2,000 NFTs, of which 1,900 are Mushrooms and 100 are Elves. When the initial distribution is over, the Elves have a number of decisions to make. Their first decision concerns the future of the drop. They can either continue the sale of Mushroom NFTs for ETH, in which case the entire income will end up in the Community Contract, OR Continue the sale for $spore, which is a token emitted by the mushrooms, so original mushroom owners can mint more. The elves can also vote to stop the sale at any point, and stop the $spore emission indefinitely. The collection tops out at 5,000 NFTs. All secondary sale commission (and if the Elves decide to continue the drop for ETH, all of the ETH that comes in after initial distribution as well) is going to the Community Contract. Each Elf holder can withdraw ETH from the Community Contract at any point for themselves and use it any way they want, in alignment with our core values and vision.