200 Keys is a collection of NFT keychains.

Each keychain can be used an unlimited number of times to unlock DAO-funded content, NFTs, and more.

Proposals to create unlockable content are voted on by 200 Keys NFT holders and winning proposals are funded using the Community Reserve.

Each NFT keychain contains keys of variable rarity.

Key holders control a DAO to fund submitted project proposals.

50% of all minting sales and OpenSea commissions are controlled by the DAO.

DETAILS

200 Keys is an NFT project with 10,000 ERC 721 NFTs that exist on the Ethereum blockchain.

Each NFT represents a keychain that contains a random assortment of 200 possible Keys.


Key #1 is the most common.  There are 1500 keychains that have Key #1.

Key #200 is the most rare.  There are only 5 keychains that have Key #200.

The other keys exist at varying rarities, with higher numbered keys being exponentially more rare.


Keys unlock specific content depending on their rarity.

All keys unlock something, but only rare keys unlock rare traits, art and unlockable content.


Key holders control a DAO to fund submitted proposals using a Community Reserve.

50% of all minting sales and OpenSea commissions are deposited in the reserve.

See the DAO Whitepaper for more details about the DAO.

MINTING

200 Keys offers a continual mint with keychains initially priced at .01 ETH and increasing at a rate of .01 ETH every 200 keychains minted.

Keychains are revealed as soon as they are minted

Half of the proceeds from the mint will be deposited into the Community Reserve.

CALENDAR

November 2 - DAO project proposal mechanism added to website
November 8 - Voting mechanism added to website
November 12 - First DAO voting round to distribute Community Reserve begins
November 15 - First voting round ends and funds are distributed
Continually - Subsequent voting and funding rounds every two weeks

TEAM

The "Core Team" is currently Daniel Cota, a veteran developer from the United States with extensive app, server and blockchain dev experience whose apps have been downloaded more than 30 million times.

He is the owner of The Othernet, LLC.  You can find their current apps here: https://othernet.com

In addition to 200 Keys, Daniel is currently working on a project to promote atmospheric carbon dioxide reduction, a novel computational mechanism for telescopy/microscopy and a new release of the drawing app DrawCast.

Additional team members will be added as needed. If you feel like you have something to offer, please contact us via our Discord.

FAQ

What is 200 Keys?
200 Keys is a collection of NFT keychains that hold keys of varying rarity.

The keys are used to unlock DAO-funded content, traits in NFT collections, and more.

Proposals to create unlockable content are voted on by 200 Keys NFT holders and winning proposals are funded using the Community Reserve.

Are there only 200 NFTs?
There are 10,000 NFT keychains.  Each keychain contains about 10 random keys (some have more, some have less as the distribution is random).  There are 200 possible keys.  The keys are duplicated across the keychains and have variable rarity.  Key #1 shows up in 1500 keychains.  Key #200 is very rare and only shows up in 5 keychains.

What can the keys unlock?
The keys unlock content and projects voted on by the 200 Keys holders. This content is submitted as proposals and can be newly minted NFT sets, game inventory, real world access or essentially anything that provides unlockable utility for the keys.

Are there limits to what can be proposed?
The proposals are not inherently limited, but holders will likely take into account how viable the project proposals are when voting.

Why 200 Keys?
200 was chosen as the number of keys because the number of traits in NFT sets is nearly always less than that.  For instance Bored Apes have 170 unique possible traits. This would allow a set more complex than Bored Apes to be represented/unlockable by our keys.

What are the potential gains for this project?
The 200 Keys keychains will unlock content in partnered projects and those projects which have been funded through the Community Reserve.

The gains will come through utility, and through increased utility possible increased financial value.

Are you partnered with anyone reputable?
Not yet. The project is meant as a framework to allow projects to be incorporated/built that give utility to the 200 Keys keychains.  

The Community Reserve will hold 50% of all mint sales and OpenSea royalties so the financial motivation for others to build unlockable content will be significant.

When is the drop/mint/sale?
The mint is currently live!

Where can I purchase the Keys?
On mint.200Keys.com.

What is the mint/sale price?
The initial price was .01 ETH

Mint price increases .01 roughly every 200 keychains minted with keychain #10000 minting for .50 ETH.

Where is the collection listed?
opensea.io/collection/200keys

What are the royalties?
OpenSea royalties are 7.5%.  Half of royalties are deposited into the Community Reserve.

Will there be presale?
There was no presale.

Who is the Team?
The "Core Team" is currently Daniel Cota, a veteran developer from the United States with ample app, server and blockchain dev experience whose apps have been downloaded more than 30 million times.

He is the owner of The Othernet, LLC.  You can find their current apps here: https://othernet.com

In addition to 200 Keys, Daniel is currently working on a project to promote atmospheric carbon dioxide reduction, a novel computational mechanism for telescopy/microscopy and a new release of the drawing app DrawCast.

Additional team members will be added as needed. If you feel like you have something to offer, please contact us via Discord.

What are the links?
discord.gg/200Keys
twitter.com/The200Keys
opensea.io/collection/200keys