How Does Distribution Work?
Prysma Launchpad currently runs open auctions. Anyone can bid. There is no invite gate.
Distributor NFTs (Recruits) still exist as a mintable collection. They are not required to bid, and they do not currently earn trading fees. Referral attribution and distributor fee share are planned for later.
Getting Started
Prysma begins with an initial free mint of 1,000 Recruit NFTs.
Holding a Recruit does not change who can participate in an auction.
Distributor Tiers
Tiers and artwork still exist on the NFT. Volume-based upgrades and fee weight are not live.
| Tier | Bid Volume | Weight |
|---|---|---|
| Recruit | < 0.5 ETH | 0× |
| Scout | 0.5 ETH | 1× |
| Promoter | 1 ETH | 2× |
| Advocate | 5 ETH | 10× |
| Ambassador | 10 ETH | 20× |
| Partner | 25 ETH | 35× |
Rewards
After an auction graduates, trading generates hook fees. Those fees currently go to the creator (95%) and platform (5%). Distributors do not claim a share.