White Paper 

Introduction

The Skeleton Syndicate is a new NFT project that is aiming to disrupt the NFT industry by offering unique utilities to its holders. Our project is built on the Cardano blockchain, which provides a high level of security and scalability for our platform. Our aim is to provide our holders with multiple utilities, including day-one staking (granted we mint enough ada platform TBD), a graveyard service, random airdrops, and community governance through a DAO. In this white paper, we will detail our project's various utilities, how they work, and what benefits they offer to our community.

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Staking

The Skeleton Syndicate NFT holders will have the opportunity to earn ADA passively by staking their NFTs. This utility will be available upon of the successful launch of our project, and our holders will be able to earn a share of the rewards generated by staking their NFTs CardanoLands/Mutant Labs etc.. service to be determined by a DAO vote . This will be a completely passive way of earning ADA, and it will be available to all our holders.

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Random Airdrop

The Skeleton Syndicate will invest in high-yield protocols(mainly in other ecosystems SOL HBAR AVAX), and our holders will receive periodic reflections from these investments as random airdrops. These airdrops will be sent to our holders without any prior notice, and they will be completely random. We cannot guarantee the frequency or amount of these airdrops, but we will strive to provide our holders with as many benefits as possible.

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Graveyard Service

The Skeleton Syndicate will also offer a unique graveyard service to our holders. This service will allow our holders to burn one of their “rug NFTs” in our "NFT graveyard," and they will be refunded Ada. Rug NFTs must be new and minted while holding a minimum of 10 Skeleton Syndicate NFTs (whitelist can mint a maximum of 10 NFTs so they will automatically qualify for this service if they choose to do so). They cannot be old rug projects. This can be done twice a year. Our holders must hold 10 Skeleton Syndicate NFTs to qualify for this service. The aim of this service is to offer our community a way to get rid of their unwanted or worthless NFTs and receive a refund in ADA.

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DAO for Community Governance

The Skeleton Syndicate will establish a DAO after mint for community governance of a certain amount from mint proceeds. Our holders will have the opportunity to participate in the governance of our project and help us make important decisions that will impact our community. This DAO will ensure that our project is community-driven and that all our holders have a say in its future.

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Giveaways / Raffles / Contests

We will conduct giveaways, raffles, and contests for top-tier NFTs from other projects, ADA, and WLs. Our NFT holders will have the chance to win these rewards by participating in our events.

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Merch

Both founders of the Skeleton Syndicate have experience in apparel and accessories, so we plan to release merch related to our project. However, this will be a lesser priority upfront.

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Future Integrations and Collaborations

We plan to integrate and collaborate with other top projects in the Cardano space. These collaborations will offer more opportunities for our NFT holders and strengthen the Cardano community as a whole.

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Conclusion

The Skeleton Syndicate is a new NFT project that offers multiple utilities to its holders, including staking (granted we mint out and generate enough ada) a graveyard service, random airdrops RADS, and community governance through a DAO. Our project is built on the Cardano blockchain, which provides a high level of security and scalability for our platform. We believe that our project will revolutionize the NFT industry by providing unique and innovative utilities to our holders. We invite everyone to join our community and be a part of our journey.