darshang.xyz

Way To Gods Breakdown

Introduction

Socials References 🌍

• Twitter

• Discord

• Website

Sections of the newsletter

• Overview ✍🏼

• Team Background 👷🏼‍♂️

• Funding & Backing 💲

• Core Product Details & Experience ⚒️

• Community curation & engagement 🌐

• Degen details 💰

• Business model 🤑

• Utility & Benefits 🚀

• Post mint details 🛣️

• Key details / What do we like? 🎯

• What are we keeping an eye on? 👀

• Closing thoughts 💭

Overview ✍🏼

• ‘Way To Gods’ is the second season by the team at Mittaria

• It's a story based on ancient times where you will join 2 travelers, Mo Ke & Min, as you explore through 4 different schools, each having its own realms.

Team 👷🏼‍♂️

• @TED3166: Co-Founder

• @LordBenalez: COO - their Linkedin

• @RogueJuan_: Creative Director

• @Morefious_: Project Lead

• @lokithebird: Adivsor
Prominent twitter personality, part of Wolves DAO

• @treeeth: Advisor
Doodles Alpha Lead and a part of Rainbow Alpha

• @0xYano: Advisor
Co-Founder of PRJCTWhitelist,
 
Check out most others here

Funding & Backing 💲

Core Product Details & Experience ⚒️

• Season 2 of the 4 seasons from the Mittaria group

• Focused on ancient times storyline with 4 schools each having their own realms and evolution

• The Realms and Schools are:

Realm	School
Putuo Mountain	Water School
Emei Mountain	Wood School
Wutai Mountain	Earth School
Jiuhua Mountain	Fire School

 

Community curation & engagement 🌐

• Partnering with some of the top communities for allocating pre-sale spots

• Twitter has been gaining a lot of traction lately, with almost 11k followers (at the time of writing) - it was around ~7k a few days ago, showing significant growth.

• The whitelist are distributed across different ways, including but not limited to:
• giveaways
• competitions and events
• pre-sales spots
• lottery tickets
• partnerships
• holding Genesis / Mittamita collection
 

Degen details 💰

• Collection name: Way to Gods

• Total size: 6,888

• Cost details:
• 0.088 eth for pre-sale, lottery and other whitelist winners
• Free for Mittaria Genesis owners
• Holders of the Mittamita Collection also have one guaranteed spot to mint (current FP: 0.4eth)

• Platform: not revealed (ideally their own website)

• Mint date: ~ late feb / early march (tentative)

• Max 2 mint per pre-sale, per member

Business Model 🤑

• Aiming to raise almost 410 ETH from the mint ($1mn at current ETH price of $2500) [only 4666 will be paid mints, the rest are free for Genesis NFT holders].

• Earn from the royalties of secondary market trading

Utility & Benefits 🚀

• Joining the broader Mittaria community.

• Be a part of the community lore based on the ethos of co-creation, co-owning and experiences

• Get early / free access to the future mints

Post mint details 🛣️

Key details / What do we like? 🎯

• The art and the lore looks great

• The team has been very active on socials holding timely AMAs and discussions

• The second collection minted out and has a floor price of 0.4eth

• Top tier backers including Animoca (who have had a great run recently with top collections like Grapes and others outperforming

• The current ratio of 0.1 / 0.97 (FP of genesis collection) is a 1:10 ratio is a very healthy ratio

What are we keeping an eye on? 👀

• The price of the current mint around ~0.1eth is a bit pricey for a ~7000 collection in this market, especially it being the second collection in the ecosystem

• One thing to look out for is that holders of the genesis collection will be given out a free NFT claim each, there might be a good chance of them selling it on listing

• The time from pre-sale to actually claiming is almost a month long (Feb 24 end) - so the liquidity will be locked for initial backers

Closing thoughts 💭

• Overall the project has been receiving a lot of support from top communities

• The team is working hard on brining in value for the holders and keep them engaged

• Getting into the pre-sale is a bit uncertain, with not much revealed about a strong roadmap and details around the collection, though I expect it to definitely mint out.