The timeline for executing & distributing dabs from minting is as follows:
- 1.Mint 1,000 happens
- 2.Within 72 hours, a top-15 30d volume project will be selected from a random category on Open Sea by the Floorbot team.
- 3.16.5 ETH will be used to buy the floor of the selected project
- 4.An announcement will be made on Twitter that the selected project was dabbed
- 5.Within 72 hours of the above announcement, the dabbed NFT will be distributed randomly to Floorbot holders
- 6.When this distribution completes, an announcement will be made on Twitter & Discord
If during this timeline mint 2,000 happens, the 72-hour selection process will restart shortly after mint 1,000 distribution completes.
If during this timeline mint 2,000 does not happen, the 72-hour selection process will start when it does.
Inexact timelines are provided to prevent holders of dabbed projects from front running Floorbot buys