The Stoned Frogs is a Solana-based NFT collection composed of 8,400 algorithmically generated cannabis-themed frogs that provide exclusive holder perks.
Cannabis remains to be one of the most controversial topics in today’s culture, but that didn’t stop one team from creating a non-fungible token (NFT) collection that centers around this ‘heavenly’ plant. The project plans to bring value to its community through various exclusive perks, as well as its ambitious goal of becoming the top Cannabis brand on Solana.
Stoned Frogs’ anonymous team is composed of two co-founders, CTO, a marketing specialist, an artist, a tech lead, a consultant, and a Discord expert. The team aims to court cannabis enthusiasts who are also exposed to web3 products and provide them with yielding benefits that can expand their profits while inside the platform.
What is The Stoned Frogs?
These frogs have been known to be some of the largest raiders on Twitter.
It will funnel its mint proceeds and secondary royalties to fund its major aspects, which include its P2E game, SEED token, staking, Coffeeshop, and staking, which will all be discussed in detail later.
In a certain pond, a colony of frogs was living their typical everyday lives, eating insects and croaking all day, until one frog decided to come out of his boundaries to follow a very inviting smell. As the frog followed the smell, he was led to a smokey pond full of cannabis plants, and from there, he gained a ‘divine’ consciousness, which made him go back to his pond to share his higher knowledge.
Through his enlightenment, their ordinary pond has turned into a paradise, and frogs into enlightened ones.
But when a tragic storm came, their paradise was destroyed, and the frogs have been dispersed. With the newly hatched 8,400 Stoned Frogs, there’s now hope that their old glory can finally be restored.
As of this writing, the official whitepaper of the Stoned Frogs hasn’t yet released a detailed description and utilities of its SEED token. What we only know by now is that holders can ‘plant’ these tokens to grow Cannabis Trees which will then yield more SEED tokens.
But if holders wait too long before harvesting their Cannabis trees, these trees will eventually dry up, wasting the opportunity to yield more SEED tokens.
Major Components of the Stoned Frogs
Fight-To-Earn P2E Game
Stoned Frogs characters can also be used by holders on the collection’s tower defense game, where players can participate in ‘3 versus 3′ or ‘1 versus 1’ options.
Also, when playing the game, players must choose between two battle modes, which are the ‘Unranked Deathmatch’ and the ‘Ranked Deathmatch.’
Unranked Deathmatch allows players to fight for ‘3v3’ or ‘1v1′ unranked leaderboards in Stoned Frogs’ free-to-play battles.
Ranked Deathmatch, meanwhile, requires SEED tokens, and its only difference is that players can now battle for ranked ‘3v3’ or ‘1v1’ fights.
Also, in Deathmatch, victors will take 90% of the SEED tokens wagered in the battle, while the remaining 10% will be burned.
The Cannabis Coffeeshop is the place where ‘Frog’ holders can finally meet each other in person, chill, build connections, and share their unique yet interconnected journeys in the Stoned Frogs universe.
Holders can also participate in one of Stoned Frogs’ three colonies to passively earn a percentage from the Cannabis Coffeeshops’ earnings.
They will be in a specific colony depending on the number of Stoned Frogs they are willing to stake, and the more frogs they stake, the higher passive income they can earn.
Profits gained by holders from their stakes will be distributed into their wallets on a quarterly basis.
|How Many Stoned Frogs Must Be Staked In Each Colony||Holders’ Cut From The Coffesshop’s Earnings|
|(The Eggs Colony) 1-3 Staked Frogs||5%|
|(The Tadpoles Colony) 4-6 Staked Frogs||10%|
|(The Stoned Frogs Colony) 7 Staked Frogs||15%|
Mystery Boxes allow holders to acquire high-priced surprise gifts by staking their Stoned Frogs to earn ‘FLIES token,’ which will be used to open these boxes. Each box requires a specific amount of FLIES token before it can be opened, and holders must be willing to stake multiple Stoned Frogs if they really want to open the mystery box.
Why multiple Frogs? Because it will take one whole day for 1 Stoned Frog to earn just 1 FLIES token.
And the only feasible way to earn FLIES tokens at a faster rate is to stake 2 or more Frogs at the same time.
The lowest token amount to open a mystery box is 20 FLIES, and by staking only 1 Stoned Frog, a holder will spend a long time just to earn enough tokens to open the box.
Again, to minimize the waiting time, a holder must have multiple Stoned Frogs at hand to produce FLIES tokens faster.
Here’s a quick look at each box’s prize amount, FLIES requirement, and availability.
|Box No.||Worth of Prize||FLIES Token Amount||Availability|
|1||$10,000||20 FLIES||May 17 (5 PM UTC)|
|2||$20,000||40 FLIES||June 7 (5 PM UTC)|
|3||$30,000||60 FLIES||June 27 (5 PM UTC)|
|4||$60,000||80 FLIES||July 17 (5 PM UTC)|
To be clear, holders won’t be getting any cold cash once they open a mystery box; what they will be getting are items and digital assets equivalent to the prize amount indicated in each box.
These items include PS5, Apple Watch, Rolex, flight/hotel and lottery tickets, NFTs, USDC, and FLIES tokens.
Another reminder is that the FLIES token has no monetary value and, as of the moment, has only value inside the Stoned Frogs ecosystem.
Stoned Frogs DAO
The ‘Stoned’ team plans to create a decentralized organization (DAO) that would provide critical roles to the community, including moderators and community managers.
The team will also offer whitelist options from various web3 projects and investment opportunities exclusive only to its DAO members.
The team also plans to create a Stoned Frogs online store that will finally provide Frog loyalists with exclusive merchandise.
Some of the top products that will soon appear in this store include ‘Stoned ‘themed items such as t-shirts, hats, hoodies, and gift items.
The store will also sell cannabis, ashtray, lighters, and CBD products, which will obviously cater to existing weed enthusiasts.
And Stoned Frog holders would be rewarded with discounts on all items inside the store as a gratitude for their support to the ‘Stoned’ ecosystem.
Reefer Party will be the official name of the upcoming real-life party for Stoned Frogs holders, an event that will center on NFTs, Cannabis Culture, and various fun-filled competitions.
Holders will be the ones to vote on the exact date and location of the event, giving them decision-making power even in the platform’s event planning.
The Stoned Frogs team is now working closely with its legal department to collaborate with respected cannabis charitable organizations to distribute SEED token donations.
Once legal matters are ironed out, the team will officially announce its charitable partners as soon as possible to address important questions.
The Stoned Frogs is a well-packaged NFT collection for the CBD community that offers yielding capabilities, a P2E game, and of course, cannabis-related offerings.
But since there are other CBD-themed collections vying for the same NFT audience, it is yet to see if this collection can continuously climb up and gain a larger market share in the coming months.