Aero Bay Racetrack NFT Free Mint

24th August 2023

The First Racetrack Mint

Overview

Total Supply: 2222

~portion to be retained in the Saltwater Games Impact Treasury Fund and for Partners

Detailed breakdown

Type	Supply	Release
SWG Team	65	Long term hold. Distribution limited
SWG Partners	73	Long term hold. Delivered imminently
SWG Investors	50	Long term hold Some released to Seed investors, some held for Series A investors
Treasury + Community Rewards	244	Long term hold Interlinked with economic rewards of Aero Bay Racetrack

The first Racetrack NFT in the Celeros gaming ecosystem will be minted using a fixed-price model to ensure a straightforward and accessible process for all participants. Below are the key details of the minting event:

• NFT Price: This will be a FREE mint for those that have completed the Academy, Preflight Checklist and/or have the role of Celeros Champion in Discord (via the champions Pathway is discord)

• Allowlist and Waitlist: To manage demand and maintain an organised minting process, an allowlist and waitlist system will be implemented. Users who have registered for the allowlist will have guaranteed access to mint the Racetrack NFT, followed by waitlist participants and then the general public on a first-come, first-served basis.

• Minting Website: A dedicated minting website will be launched to facilitate the minting process. This website will provide users with all the necessary information about the Racetrack NFT, as well as the steps required to participate in the minting event. This will be found at: https://app.celeros.gg/mint closer to the mint date

• Minting Schedule: The minting process will be carried out in a phased manner, beginning with allowlist participants, followed by waitlist participants, and finally, the general public. This approach ensures a smooth and orderly minting process for all users.

• Payment and Gas Fees: Participants will be required to register on premint for the Racetrack NFT mint using a compatible Ethereum wallet. Additionally, users will be required to gas fees, which may vary depending on network congestion at the time of the mint. SWG will aim to avoid a time when fees are high during the mint.

• NFT Distribution: Upon successful payment and completion of the minting process, the first Racetrack NFT will be automatically distributed to the buyer's Ethereum wallet, where it can be managed and utilised within the Celeros gaming ecosystem.

Mint Timeline

Minting Timeline: May 2023 to June 2023

Outlined below is a comprehensive minting timeline that covers the delivery of a minting website, creation of allow and waitlists, and the opening of the mint at the end of June 2023.

May, 2023: Development and Design Phase

• Begin the development and design of the minting website, focusing on user experience, interface, and backend functionality.

May, 2023: Testing and Quality Assurance

• Perform extensive testing and quality assurance of the minting website, ensuring that all features are functioning correctly and securely.

May, 2023: Launch of the Minting Website

• Officially launch the minting website, allowing users to access information about the upcoming mint and sign up for updates. Found at www.celeros.gg/ TBC

May, 2023: Marketing and Community Outreach

• Begin marketing and community outreach efforts to raise awareness and generate interest in the upcoming mint.

June, 2023: Allowlist and Waitlist Registration

• Open registration for the allowlist and waitlist, providing potential participants the opportunity to secure their spot in the minting process

June 2024: Celeros Champions Pathway launched

• For those advocated on Celeros that earn the role of Champion of Celeros they will get automatic access to the Guaranteed Allow list for the free mint and will receive tickets to race in the first race tournaments in Aero Bay

August 24th, 2023: Finalise Allowlist and Waitlist

• Close registration and finalise the allowlist and waitlist roles, ensuring that all participants are appropriately categorised and notified

June- July, 2023: Preparation for the Mint

• Perform final preparations for the mint, including backend adjustments, communication with the community via our marketing channels, and any necessary updates to the minting website.

August 25th, 2023: Opening of the Mint for Allowlist Participants

• Open the mint for allowlist participants, granting them early access to mint their NFTs and Tickets to Race.

August 28th, 2023: Opening of the Mint for Waitlist

• Open the mint for waitlist participants and the general public, allowing them to mint their NFTs on a first-come, first-served basis. Waitlist holders will NOT receive Tickets to Race.

Mint Location

Celeros public website: /https://celeros.gg/digital-assets/aerobaymint

Community Engagement

In Celeros community engagement and contribution is key to how we see the project progressing and succeeding. At Celeros we are building a decentralised and democratic gaming ecosystem, which aligns with the core principles of blockchain technology. By giving players a direct voice in the development of the game and the governance of the ecosystem, you can create a more inclusive and equitable gaming experience that benefits everyone involved. The reward mechanisms of the Race Racks, Pit and Paddock passes are directly linked to this.

Champions of Celeros

To reward the dedicated community, The Aero Bay Race Track will be available for a limited-time free mint. This strategic decision emphasizes the project's commitment to prioritizing community engagement over short-term gains, placing trust in its passionate advocates known as the "Champions of Celeros."

By reducing the supply and ensuring exclusivity, this aims to create a captivating atmosphere of uniqueness and allure for the Aero Bay Race Track. Joining the prestigious "Champion Pathway" through Discord will be seamless, offering enthusiasts who believe in Celeros' vision an easy pathway to become an esteemed “Champion” of the community and Tickets to Race in the first tournaments of Aero Bay.

Find out more: https://celeros.gg/champion-pathway or in the Celeros.gg Discord Channel

Race Track Allowlist

Leading up to the mint of the Racetrack NFT we will be working closely with a series of KOLs, influencers and communities that align to the value of Celeros and the vision we want to achieve. Value contribution may be rewarded with rewarded Allow List and Waitlist spots.

Celeros Academy

We will also be launching the Celeros Academy; the first opportunity for gamers to experience the world of Celeros. Only on completing the Academy will gamers be able to access the Celeros Hangar and their earned digital asset, the Preflight Checklist Academy Badge.

The first to pass the Academy will get automatic access to the limited supply, Guaranteed Allowlist for the Celeros Racetrack Mint. There will also be a secondary Waitlist for those who still want to be part of this exclusive limited supply mint and a raffle for further Guaranteed Allowlist spots.

For those without an Allowlist spot gained from being the first complete the Academy, there will be an opportunity to earn the role "Champions of Celeros." through the Discord advocate pathway.

User Experience for Accessing the Mint

FAQs

Question	Answer
What is the price discovery mechanism?	The Racetrack NFT will be FREE for all "Champions of Celeros" and AL holders that were first to complete the Academy, Preflight Checklist
How will the Allow List and Waitlist List be managed?	Allow List and Waitlist will be managed using a simplified ERC1155 contract per region with on-chain 2-phase support. The contract will implement 3 mint functions for guaranteed allow list, waitlist, and public mint windows.
How many tracks per area?	There will be five core tracks per region, further expansion in a region will be anchored to the revenue generated in an area and the governance processes of Celeros.
What are the implications of owning multiple tracks in an area?	Owning multiple tracks in an area can lead to increased rewards, enhanced influence, synergistic benefits, diversification, and exclusive access within the Celeros ecosystem.
How do I stake multiple tracks on one area/land to get the returns?	Acquire multiple Racetrack NFTs, access your Hangar, select the NFTs, initiate the staking process, monitor staked NFTs, and manage/optimize staked assets.
How are tokens involved?	SWG fungible tokens are used for Play2Impact Treasury governance, community building, and as in-game currency and reward distribution within Celeros.
How does a coop work?	A coop is an organisation owned and controlled by its members, who are also customers, producers, or workers. It focuses on serving the needs and interests of its members, with features like member ownership, democratic control, profit distribution, service orientation, and focus on social and environmental responsibility.
How does the coop structure apply to Celeros NFTs?	Celeros NFTs represent shares in the cooperatives of Celeros blending the digital assets with traditional cooperative principles. NFT holders become members and part-owners, giving them a stake in the project and its future development. Owning the Celeros Meta-Game NFTs are like being part of the core team, where you have representative voice in the game's development. As a team member, you get to vote on decisions, collaborate with others, and share in the game's success. NFT holders in Celeros work together to make the game more enjoyable and rewarding for all members.
Are we creating our own marketplace or using a third party such as opensea?	The decision between using OpenSea or creating an in-house marketplace depends on factors like lead time, risk, speed to market, and existing partnerships. We intend to use our own infrastructure to mint the first Racetrack NFTs.
What happens if ‘proof of contribution 7 participation’ isn't achieved?	If Proof of Contribution and Participation requirements are not met, your PoCP multiplier will be reduced, effectively lowering the rewards distribution for the distribution period.
Why would I want to collect Racetracks within a region?	Collecting all tracks within a region increases rewards and unlocks additional features and benefits, enhancing the gaming experience and offering strategic opportunities.
What Ownership and Governance decisions does holding a Racetrack NFT entitle me to?	Holding a Racetrack NFT grants you the ability to participate in governance decisions, influencing the direction and evolution of the Celeros game.
What does active participation give me access to?	Active participation as a Racetrack NFT holder makes you eligible for rewards and revenue distribution, contingent upon your involvement and participation in governance, staking your NFT, and contributing in various ways.
What type of exclusive content will be included?	Exclusive content for Racetrack NFT holders includes limited edition items, unique upgrades, and special in-game events, providing a premium gaming experience.
Will this give me early access to other Celeros NFTs?	Yes, holding a Racetrack NFT grants early access to new NFTs released within the Celeros ecosystem, allowing you to secure highly sought-after items and experiences before they become available to the general public.
Can I sell or trade my NFTs?	Yes, your Racetrack NFT can be traded and sold on various NFT marketplaces, providing a liquid asset with flexibility in managing your assets and the opportunity to be rewarded from the growing demand for ownership within Celeros.