BONSAI COIN — PERFECT GUIDE

3 min readJun 19, 2023

Hello, BONSAI degens!🌳

This is a summary of the details about the BONSAI COIN, which will start on July 1, 2023.

Overview
✅Total number issued: 8,031,000
✅Start date: July 1, 2023 at 0:00 (JST)
✅End date: Around June 2024 *When all BONSAI COINs are granted

BONSAI COIN

BONSAI COIN is “an off-chain point granted daily” according to the number of BONSAI NFTs you hold.

OpenSea
🌳BONSAI NFT CLUB: https://opensea.io/collection/bonsainftclub
🌳BONSAI NFT FARM: https://opensea.io/collection/bonsainftfarm

The number of BONSAI COIN you get is changed depending on the number of NFTs, the roll, and the time. BONSAI COIN can be redeemed for real BONSAI or BONSAI NFT CLUB original goods on the BONSAI COIN website.

BONSAI COIN website: https://coin.bonsainft.club/

Total Number of BONSAI COIN

8,0310,000 BONSAI COIN
*The number of BONSAI NFT FARM “8031” is based on “BO=80 & SAI=31”.

Start Period

BONSAI COIN will be started from “July 1, 2023 0:00 (JST)”, taking approximately one year. *All BONSAI COINs are expected to grant around June 2024.

How to Get

The number of BONSAI COINs will vary depending on the type and number of NFTs you own.

✅BONSAI NFT CLUB per 1 NFT: 10 BONSAI COIN / 1 day
✅BONSAI NFT FARM per 1 NFT: 1 BONSAI COIN / 1 day

OpenSea
🌳BONSAI NFT CLUB: https://opensea.io/collection/bonsainftclub
🌳BONSAI NFT FARM: https://opensea.io/collection/bonsainftfarm

BUFFs

In granting BONSAI COIN, we will introduce a “buff” that changes the rate at which BONSAI COIN is granted depending on the number of BONSAI NFTs owned.

Buff
✅Holding 10 or more BONSAI NFT FARM: 1.1x
✅Holding 30 or more BONSAI NFT FARM: 1.2x
✅Holding 100 or more BONSAI NFT FARM: 1.3x
✅BONSAI NFT CLUB: above buff + (0.1x * number of BONSAI NFT owned)

Example
① Hold BONSAI NFT CLUB×1, BONSAI NFT FARM×15.
→ 25 BONSAI COIN × (1.1 + 0.1) = 30 BONSAI COIN / day
②Hold BONSAI NFT CLUB×2, BONSAI NFT FARM×30.
→ 50 BONSAI COIN × (1.2 + 0.1 + 0.1) = 70 BONSAI COIN

OpenSea
🌳BONSAI NFT CLUB: https://opensea.io/collection/bonsainftclub
🌳BONSAI NFT FARM: https://opensea.io/collection/bonsainftfarm

Airdrop

The number of “BONSAI NFT CLUB” and “BONSAI NFT FARM” holdings as of 23:59 (JST) on June 30, 2023 will be measured, and 90 days of BONSAI COIN will be airdropped at 0:00 (JST) on July 1, 2023.

OpenSea
🌳BONSAI NFT CLUB: https://opensea.io/collection/bonsainftclub
🌳BONSAI NFT FARM: https://opensea.io/collection/bonsainftfarm

Doubling Period

Bitcoin, by its nature a token, has a “halving” based on price increases, but since BONSAI COIN is operated off-chain, there will be a “doubling” during which the number of BONSAI COINs granted will double in anticipation of the NFT’s value increase.

The doubling period will be held twice: after the first doubling period, twice the normal amount of BONSAI COIN will be granted, and after the second doubling period, four times the normal amount of BONSAI COIN will be granted.

Schedule of doubling
1st Doubling: The day after 2,007,750 BONSAI COINs are granted
2nd Doubling: The day after 6,023,250 BONSAI COINs are granted