All 365 pieces will go on sale June 15th 2022 at 1:00 PST. Sale will be a Dutch Auction, with price descending over 3 hours from 3.65ETH to 0.5ETH. There will be no whitelist and no wallet limit. All tokens will mint blind, and be locked for transfers until the Facets I artwork is assigned during the Facets Draft.
Once minting is complete all collectors will be invited into the Draft Room to select their individual artworks. Selection will happen in exact purchase order, with each collector afforded a one minute window to draft. If a Collector does not make a pick during their Draft Window, the system will automatically attempt to draft their highest ranking piece. If Collectors miss their Selection Window, do not rank pieces, or have all their ranked pieces drafted by other collectors they will automatically draft the earliest created piece (i.e. closest to #1 in the chronological order of creation) available in the pool.
Prior to the draft Collectors will be able to immediately Rank their favourite pieces from Facets I. Collectors may Rank as many pieces as they desire before the Draft Room opens. If a Collector does not make a pick during their Draft Window, the system will automatically attempt to draft their highest ranking piece. If that piece has already been selected, it will move down their rankings until it finds an available piece to select. Collectors who cannot make the live draft are encouraged to Rank pieces through to their Draft slot to avoid auto-drafting - if you’re drafting 50th, Rank at least 50 pieces.
They haven’t been created yet! Collectors will accompany Justin as he creates all 365 of them, one per day, once the Facets Draft is complete.
Facets II tokens will be airdropped to Collectors once drafting is complete. If you draft Piece #1 from Facets I, you will be airdropped the token for Piece #1 from Facets II. Facets II pieces will reveal as they are created over the course of the year.
Facets I and Facets II will be minted as separate 1/1 Reward Montages featuring all 365 pieces from each year. These Reward Montages will be airdropped to the collector/s who amass the most points from each Year. Points from Series Rewards will also count towards both Year Long Races. In the event of a tie, the person who reached the highest total first will receive the 1/1.
Series are thematic mini-collections of pieces sharing a similar concept or approach. The pieces comprising these mini-collections can span both years of work. The project will launch with several existing Series created during Facets I. More will be added over the course of Facets II. Series will be designated solely at the artist's discretion.
Series Rewards will launch with rewards for two already established thematic Series from Facets I. More Series Rewards will be announced as Facets II progresses. Series Rewards may build upon existing Series from Facets I, or be entirely contained within Facets II. Not every series from Facets I or Facets II will have a Series Reward. Each announced Series Reward will have its own Reward, Criteria, Snapshot Date and Year Long Reward Point Value.
Collectors will be able to burn their 1/1 in exchange for a full edition of 10 (10 x 1/10’s). Burning will directly impact your standing on the leaderboard. Your 1/1 is worth 10 points. Each 1/10 is worth 2 points each. By burning the 1/1 you will immediately double your points in all races. You can process the burn on this website once the Draft is complete.
Yes. Existing collectors of all 1/1s and all limited edition pieces from Justin’s Nifty Gateway releases will receive points on the leaderboard towards Year Long Rewards. Pieces must be held in the wallet connected to this site to impact the leaderboard. The Point values are as follows: