# VoxCitizens NFT Collection

VoxCitizens represent the community driving the Voxel X ecosystem.

VoxCitizens are expected to be loyal to the Voxel X Vision in becoming a decentralized community driven project and will be rewarded handsomely for their loyalty and efforts.\
\
We expect to release the collection in Q1, pending the current NFT market climate.

There will only be a max supply of 5,000 VoxCitizens NFTs minted.

1,000 VoxCitizens will be released annually.<br>

The first 1,000 VoxCitizens NFTs will be releases as follows:

&#x20;   500 Presale Allocations

&#x20;      Presale 1. \
&#x20;         Leadership Team \
&#x20;         140 VoxCitizens NFTs Allocation \
&#x20;         Price $150 per NFT

&#x20;      Presale 2.\
&#x20;          Core Team \
&#x20;          160 VoxCitizens NFTs Allocations \
&#x20;          Price $200 per NFT

&#x20;      Presale 3. \
&#x20;          Community \
&#x20;          200 VoxCitizens NFTs Allocation \
&#x20;          Price $250 per NFT

&#x20;    500 VoxCitizens will be listed on SuperKluster for auction with a starting price of $300

&#x20;    Note: Max of 10 VoxCitizens NFTs can be purchased per wallet!

\
All staked VoxCitizens NFTs will be eligible to validate proposals and to participate in the community vote on the VoxDAO, while earning a generous passive income via VoxDEX.

Voxel X Network will contribute an initial 5M $VXL token allocation towards the $VXL NFT REWARD SUPPLY POOL, while 50% from all VoxCitizens NFT sales including royalties, will be distributed to the $VXL NFT REWARD SUPPLY POOL.

Rewards will be paid in $VXL Tokens from the $VXL NFT REWARD SUPPLY POOL and the APR is based on the following live formula as follows: \
\
(($VXL NFT REWARD SUPPLY POOL / (365 days lapsed from the first day of rewards commencement)) / amount of VoxCitizens NFTs staked) \* amount of VoxCitizens NFTs staked\
\
There is no lock in duration for NFT staking and $VXL Rewards can be claimed at any time.\
\
\
Please refer to the below example for illustration purposes only:

If a max of 10 x VoxCitizens NFTs ($300 \* 10 = $3,000) were purchased by one buyer.

If all 1000 VoxCitizens NFTs were sold out (average of $300 per NFT \* 1000 = $300,000), and they were all staked for $VXL rewards.

The reward pool of $500,000 (5M tokens @ $VXL price US$0.10) + $150,000 (50% of the Total $300,000 NFTs sold) = US$650,000

Based on the APR formula (($VXL NFT REWARD SUPPLY POOL / (365 days lapsed from the first day of rewards commencement)) / amount of VoxCitizens NFTs staked) \* amount of VoxCitizens NFTs staked

If VoxCitizens holder stakes 1 VoxCitizens for 365 days, this would result in US$650 per annum

If VoxCitizens holder stakes the maximum 10 VoxCitizens for 365 days, this would result in US$6500 per annum

To add context to the above example for illustrative purposes only:

If $VXL Price were to increase to $0.20. The maximum 10 VoxCitizens staked for 365 days would result in US$13,000 per annum

If $VXL Price were to increase to $0.50. The maximum 10 VoxCitizens staked for 365 days would result in US$32,500 per annum\
\
It is also worth considering the possibility that not all 1000 VoxCitizens NFTs will be staked at the same time, which would result in an increase in the live APR.
