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Pencilish Animation Studios presents...

3 DAYS LEFT- Here's the "Founding Investors" NFT Launch INFO!

Tom Bancroft

Published on Oct 29, 2021

WOW! We are really cooking as we head into this LAST WEEKEND of our raise here on Wefunder.com! We end around 11PM Central time on SUNDAY, Halloween, so please share with your friends and family! More updates all weekend, so please read these emails. MANY of you have been thrilled to hear you will receive (down the road a bit as we work out the best deliverable pipeline) a Pencilish Founding Investor NFT special for you! It's not related to your investment (so if you don't want it, that's fine) but INCLUDED with ALL THAT invest- at four different tiers/rarity, depending upon your level of investment into Pencilish Studios! This will be a LONG update, to try and educate many of you as to what an NFT is, how it might work, is it valuable, etc. This is JUST THE BEGINNING OF INFORMATION about this, so just know, actual delivery of this Pencilish Studios NFT will happen a bit later, with more information at that time. IMPORTANT: Please be on our mailing list for future information about this and other studio updates (sign up at Pencilish.com ). 

Here we go:

We are launching Pencilish NFTs! 

In our first edition, We are minting a collectable Founding Investor NFT for every investor. 

We’re sure this brings many questions to the table…like…


WHAT is an NFT?  The short answer is that it is a digital certificate secured on the blockchain. For a 2 minute explanation, watch this quick video over on Youtube : https://www.youtube.com/watch?v=a8ww4aNlPQU


Is the NFT valuable? While we can’t speculate on the future value of a NFT, we can point to some really amazing examples where NFT’s were given away for free or sold for very little money at minting and have later become very valuable to collectors. Like this masked alien punk that fetched $11.75 million at Sotheby’s first curated NFT sale earlier this month.View Full project here: https://opensea.io/collection/cryptopunks

This Bored Ape NFT sold for 3.25 Million dollars

View full Bored Ape Yacht Club collecting here: https://opensea.io/collection/boredapeyachtclub

 

This Ringers #879 NFT sold for almost 6 million.

View Ringers by Dmitri Cherniak project here: https://opensea.io/collection/ringers-by-dmitri-cherniak

Now that you’ve seen and heard all of the big numbers, let’s get realistic AND show you what these Founding Investor NFT’s look like and what we’ll do with them in the future.So, now you’re probably wondering…What’s with the bronze, silver, gold and platinum? We’re glad you asked. 

 

Each metal represents a different tier of investment. This is how they will break down. 

  • Bronze Tier we are giving to those who have invested up to $249
  • Silver Tier we are giving to those who have invested between $250 - 999
  • Gold Tier we are giving to those who have invested between $1,000 - $4,999
  • Platinum Tier we are giving to those who have invested above $5,000

These are commemorative NFTs representing your support and are being given as a token of appreciation, they don’t however represent your actual investment in any way. 

 

Soo….

 

 What’s special about these Founding Investor NFTs? 

  • By holding these NFTs, they will give you first-in-line access to mint future NFTs before the general public. These future NFTs could include
  • 1 of 1 art in many different forms
  • PFP style NFTs
  • Images from events commemorating key launch days in Pencilish history. 
  • You’ll get early previews of shows we’re making. 2022
  • You’ll get early access to event ticketing. 2023

 

Aren’t NFTs bad for the environment? At Pencilish Animation Studios, we are committing to launching our NFTs on a “Proof of Stake” chain where the carbon footprint of a single NFT would be similar to a tweet on Twitter. 

 -If you’d like to read more, our friends at Rally.io have a really good explanation of the process: LINK

 

So, what are the next steps? We are currently building a roadmap for how we will be delivering these NFTs but we need to get an understanding of how familiar our investors are with this technology and how we can help everyone get this extra perk for being a Pencilish founding investor. Below is a link to help us build that roadmap. 

Thank you for your investment and your support! More tomorrow and Sunday!

Viva la Animation Revolution!

-Tom Bancroft, CEO


Liked by Gregory Jones, Gevian Dargan, Petros Charalambous, and 88 others
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Use cases in NFT are extremely important, and laying out the use case for having each of these is really a good idea. Holding Bronze gets X, Holding Silver gets Y, and so on. This provides tangible value for owning and holding the token. I would highly advise minting all of the tokens, regardless of if the investor wants them or not. Give the investors a sufficient claiming period, and if people do not want them, they don't have to claim them, but do not reduce the number of NFT issued. Put them in a hopper and give them away to your other investors as perks that they can give (or sell) to friends/family/random dudes on the internet. So long as the incentives you have outlined belong with the NFT holder and not the original investor, then the token should have a value, regardless of if the person who it initially "belonged to" wanted it or not. I wish this would let me do line breaks to break up thoughts. haha. Just a quick stat for you as you work out where to launch these NFT. Opensea has roughly 170,000 active wallets, Coinbase has over 50,000,000. Not all of those people will get in to NFT, but the people on Opensea who want a Pencilish NFT will come to Coinbase, not all of the people on Coinbase will go to Opensea. I'm also hearing that Coinbase will be accepting Fantom NFT, which is way cleaner and with gas fees measured in pennies as opposed to tens or hundreds of dollars per transactions. I know you guys will make the right decisions here, but to me Coinbase with Fantom support seems like a no brainer.
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Super great thoughts here! Thank you!
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Great Idea - how do we claim ours?
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We are still working on the delivery Priceline and vendors to work with. More on that down the road soon
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So are nfts actual physical coins that a person can hold or are they digital coins that's kept in a computer?
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No physical, digital.
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The link didn’t work “ http://%C2%A0youtube.com/watch?v=a8ww4aNlPQU “ Also, if you invested a bit over 100$, does that mean you get the bronze?
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Yes Bronze-“ invested up to $249”
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That's a perfect idea and i strongly support , can you please decrease the bronze tier to 100 USD?
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At $100 you get the bronze tier
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Just wondering.. I didn't get to put in as much as I wanted to befor it closed, but even us with a low investment, do we still receive a NTF?
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Everyone gets one that invested!
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Excited for the NFTs. May I know when we receive them and at what marketplace? Is it gonna ne on opensea? Thanks in advace for your reply.
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We are in the process of selecting which marketplace/chain we will go with. Many are popping up now so it's adding to the selection process
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Hi guys, I invested a total $400 - split i to 4 for the 4 members of my family (wife, 2 kids and myself). Do I still get an NFT. (I labelled my investment notes on wefunder to reflect this plus the payments were all from one bank card. Jide
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This is a good question. We are approaching EACH investment (in different names, not multiple investments by ONE person) as a separate NFT gift. So, if you invested in four different names, you will each get an NFT that fits the tier level for that person's amount.
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How can I still invest into this company?
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We are only taking large investments at this point, sorry, this round is closed.
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Is it too late to invest in this?
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It is, so sorry!