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What are Space Pugs?

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Space Pugs
Space Pugs

Space Pugs is an NFT project comprising three collections: Space Pugs Alpha (SPA), Space Pugs Poker Club (SPPC), and Space Pugs Vox (SPV).

Most people dedicate their lives to their precious pets. This is why some non-fungible token (NFT) developers get the idea of turning furry animals into digital collectibles. Some of the prevalent animals in the NFT space include cats, dogs, monkeys, and now pugs. Thanks to thins, many crypto aficionados that double as pug lovers are joining the trend, especially if the pugs are combined with themes of space and poker.

Background

Space Pugs aims to provide the best NFT experience on Cardano, from the community to the utility the team behind the project delivers, always going above and beyond. Space Pugs was founded with the long-term goal in mind. The Space Pugs Team collaborates with the Pug Intel Division to generate consistent profits through trading, investing, and income from the forthcoming poker platform.

The team is composed of developers from different areas with one goal in mind; longevity. The Space Pugs team members are: CNFTAdam the CEO, Co-founder Mr. Ultimate, Darkwater the Chief of Project Intelligence, and artist HEWS.

What are Space Pugs?

Space Pugs is an NFT project comprising three collections: Space Pugs Alpha (SPA), Space Pugs Poker Club (SPPC), and Space Pugs Vox (SPV).

Space Pugs Alpha is a group of 7777 randomly created pugs that live on the Cardano blockchain. This alpha project is the first of many Pug-related projects to emerge. 5000 Space Pugs Alphas were coined, and Pugs holders received a free airdrop of 2500 pugs. The team kept 277 Pugs for partnerships, marketing, and freebies.

Staking, minting, trading, and holding other passive income earning NFTs will provide passive revenue for all three collections. Passive Income will be paid to SPA and SPV holders who meet the minimum requirements every month. This minimum need is presently set at 25 NFTs, however, it may change as the project progresses. Royalties received from secondary market sales for the SPPC collection will be paid to SPPC holders in full.

Space Pugs Alpha Key Benefits

Passive Income

Holders of 25 or more Space Pug Alpha NFTs will earn a passive income through the Pug Intel Division.

Staking

SPA holders will be able to wager their NFTs on the Mutant Dao platform and receive Pug Chips to use on the Poker Platform.

Role Perks

SPA holders will receive Discord roles and privileges like private channels, NFT giveaways, and competitions for holding Special characteristics.

Genesis Whitelist

Having a Space Pug NFT grants holders access to the Poker Club, Vox Pugs, and future drops.

Vox Pugs

The Space Pugs Vox is a collection of 7,777 voxel-style NFTs generated by an algorithm. The minting of SPV will result in a large stack of ADA being placed into a “war chest” for CNFT investment purposes, with the goal of producing passive income for both SPA and SPV collection holders.

Creating a profit for Alpha & Vox

When the Poker Club begins minting, a portion of the proceeds will go toward the building of a War Chest. The Pug Intelligence Division will exploit the War Chest to earn revenue (PID). The PID is a huge group of cryptocurrency and NFT analysts who collaborate to produce revenue for holders.

Monthly Profit for Alpha & Vox Pugs

The Space Pugs staff will determine the wallet’s value at the end of each month. For instance, the wallet holds 280k Ada and the NFTs are worth 45k.

The profit would be $25,000, which would be divided among the qualifying holders. If the initiative does not earn a profit of $25,000, the shortfall will be reimbursed by the wallet. The minimum profit they will pay to holders each month will be $25,000. Profit will be limited to $50,000. The team will assess how this works and will consider raising the cap as needed. If they do not earn a profit, they will pay holders $25,000 from their pocketbooks.

Space Pugs Poker Club

Together with 15 additional CNFT projects, Space Pugs Poker Club is a brand new NFT initiative with 7,777 members. Each Starting poker hand will be treated as a member of the Space Pugs Poker platform.

Cardano Cards Club, a project founded by Hews, was acquired by Space Pugs. The team discovered this initiative and noticed its enormous potential, so they contacted Hews. After much deliberation, they have decided to establish the Space Pugs Poker Club.

Poker Platform

Members of the Space Pugs crew are working hard to develop their platform. This promises to be the most thrilling mint in the life of a poker-playing NFT collector. Imagine minting Pocket Aces or Pocket Kings from your favorite project, or even 72, as the weakest poker hand needs usefulness as well.

Utilities

The Poker Club NFT will serve as the poker platform’s membership. The proceeds from secondary market transactions will be dispersed to qualifying holders on a monthly basis.

Poker Buy-In

Pug Poker Chips will be used to purchase entries into all poker games available on the platform.

Tournament Prizes

A piece of the mint will be used to make a wallet. This wallet will be staked to earn Ada passively and expand by profitably purchasing and selling NFTs. The wallet will be used to fund big poker tournament prizes. Additionally, the pay-out will be in Pug Poker Chips.

Full Hands

Full Hands must be created using the same project.  A Full Hand is made up of two or three starting hands fused; a holder requires three starting hands to make a Straight, Flush, Full House, Straight Flush, or Royal Flush. Full Houses can be made with any two pairs plus one more card to form three of a kind, or with any two starting hands with the same face values plus one more card to make three of a kind. When constructing Full Hands, standard poker rules apply.

Conclusion

Profiting from these NFTs can be difficult. However, the outstanding team of project Analysts at the Pug Intelligence Division makes things easier. Furthermore, they will monitor every initiative and opportunity. The team will also work on other projects and strive to hire more experts across the sector.

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