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 FAQs

 
 

What is the Members Only Digital Ecosystem (MODE)?

Philosophically speaking, MODE is the dreams and aspirations of its members. Practically speaking, MODE is a members only platform to bring experts from the NFT space and the professional world together for the betterment and advancement of one another. Think social/professional networking meets NFTs/DeFi and vice versa.


How is MODE different from other NFT project clubs?

MODE is both exclusive AND inclusive. We’re not elitists, we’re pragmatists.

Exclusive: Our desire to seed the membership with people that bring tremendous value and experience in the crypto / NFT space requires us to be selective on the front end. The MODE founder membership is available by application only. There are 2,500 founding memberships available. Individuals will be selected by a committee consisting of the project creators and advisors. Once selected, a membership acceptance notification will be sent to the approved individuals, at which time they will be given a 48-hour window to execute their membership NFT purchase on the website. The membership token unlocks access to all things MODE, present and future.

Inclusive: Once the founding member token sale concludes, each founding member may nominate two additional people of their choosing to join. We are encouraging founding members to invite experienced cryptophiles that perhaps didn’t catch wind of the project; or potentially those who bring other valuable skills and professional experience to the membership.

Most importantly, MODE has a member commitment which we take seriously and expect will be honored. Unlike other clubs where you automatically become a member by virtue of buying a piece of art; MODE members understand the membership commitment upfront and choose to be a part of MODE. Egregious behavior in violation of common human decency and the member commitment can result in the removal of your access to the Discord, website and other member benefits.


What does a MODE membership token cost?

.5 ETH


How many total members are there?

There will be a max of 7,500 members; unless membership votes to expand at a later date.


How does the application process work?

To apply for membership:

  • Click Apply on the menu bar (See below for more information on application criteria).

  • Complete the application in full and click Submit.

  • If selected, you will receive an email notification with instructions on how to purchase your membership token on the website. You will have 48-hours to complete the purchase and will need to connect via Web 3 with a Metamask wallet.


What are the criteria for membership applications?

  • Applying wallet address must hold NFTs from at least two unique projects

  • Applying wallet address must have executed at least one transaction on a decentralized exchange

    NOTE: applicants who utilize multiple wallets to meet the above requirements will be able to list them each on the application

  • Preference will be given to:

    1. Developers with experience in the NFT/DEFI space

    2. Applicants with experience staking and/or providing liquidity

    3. Applicants with successful professional track records and specialized knowledge

  • In the event that we are completely overwhelmed with applications, holders of the following NFT projects will be given preference:

          • Artblocks

          • Avastars

          • BAYC

          • Crypto Kitties

          • Cryptopunks

          • Hashmasks

          • Veefriends


What is the Membership Commitment?

 The membership commitment is as follows:

  • Be proactively giving of your talents, knowledge and network, as others commit to do for you.

  • When feasible, look to members first when it comes to opportunities (collaboration, mentoring, internships, employment, funding, etc.).

  • Be reasonably active on the MODE discord.

  • Be open to making real-world connections when appropriate.

  • Have an open mind and respectfully share your perspective.

  • What happens in MODE, stays in MODE… not really, but use your best judgement.

  • Be excited about the big picture!


Can members sell their membership?

Yes, but not in the traditional way. Even after the final sale, the applications will remain open. This is to whitelist interested individuals for the opportunity to buy a membership token on the secondary market. Only individuals who have applied and been approved will be added to the whitelist in the contract. This means sales to non-whitelisted individuals will fail on the secondary market. We have structured this way to maintain the integrity of our exclusive group.


What if I don’t meet the founding member application requirements?

This will no doubt be the situation for some. However, this is not the end of the road for you. The reason we’re building the membership from 2,500 applicants and 5,000 nominations is because the application process allows us to ensure we have a foundation of experienced cryptophiles. The nomination process provides an opportunity to leverage that experience by entrusting the founding members to round out the group with the people they believe will bring the most value. So, if you have a friend that would meet the application requirements, make sure they know about the project; entice them to apply and nominate you if they get in.


What if I am accepted and don’t know who to nominate?

Here are some suggestions:

  1. Reach out to someone you admire on discord. Some characteristics to look for are those that are active, knowledgeable, jump in to help, and offer honest, respectful feedback.

  2. Discuss with your non-crypto friends to see if any of them have interest. Again, we’re looking for members that bring value, so our preference is that you approach individuals with unique talents, skills and experience that would benefit the group. This environment will be rich with DeFi and NFT OGs, and by virtue of their membership commitment, they will be happy to embrace the noobs and help the uninitiated learn the crypto / NFT ropes with confidence and support. 

  3. You may simply allow the nomination window to pass. Unused nominations will be released to eager marketplace approved applicants who were not initially selected as founding members.