Shibavax NFT announcement

SHIBAVAX
2 min readSep 5, 2021

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We are very happy to announce the launch of our NFT series on Avalanche!

We wanted to create a unique collection with a high quality visual that symbolizes the Avalanche ecosystem, to pay tribute to our favorite network in a fun way.

We have collaborated with a very talented french artist for an exclusive design and are currently developing dozens of traits that will give different levels of rarity to each NFT.

Some figures:

. 10,000: Number of NFTs in the series, all different but all very cute.
. 2,5: Price in AVAX per NFT
. 20% giveaway: 5,000 AVAX will be used for an unprecedented buyback of $SHIBX and fully redistributed to the community.
. 20% burned: 5,000 AVAX will be used to add liquidity on AVAX/SHIBX on baguette.exchange and the LPs will be burned by the team just after that.

Yes, you read correctly! We will use 20% of AVAX collected ($200/250k at the current AVAX price) to reward those who have minted rare NFTs with $SHIBX tokens.

Total $SHIBX buyback : 7500 AVAX ($350/375K). 5000 for the giveaway and 2500 for the liquidity.

From the start, our goal has been to be the most community-based and fairest meme project in the Avalanche ecosystem, this redistribution of funds seemed obvious to us.

We are also very proud to announce here our official partnership with Kalao!

We are working hand in hand with the Kalao team to get our secondary market on their platform from launch and be one of their flagship collection.

On a final note, we haven’t planned a game but our goal is to become the flagship NFT collection of Avalanche, just like the Punks can be on Ethereum.

We plan to launch our NFTs in September, stay tuned for more updates!

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