Tokenomics

An in-depth view into the Olympex Pass

The Olympex Pass can be minted for free, is publicly accessible, and has limited availability. This means that, as long as units remain, any user who meets the eligibility criteria can mint an Olympex Pass directly from the platform.

The only tier that can be minted is the Bronze Pass. To do so, the user must have transacted at least 500 USD on the platform and at least six months must have passed since their last mint.

In addition to the initial minting, users can buy and sell Olympex Passes (of any level) on third-party platforms such as OpenSea. It's worth noting that users can own more than one Olympex Pass at the same time if they choose to purchase additional ones. While this provides no extra benefit, it is permitted.

If two NFTs are held in the same wallet, only the one with the highest score will accumulate points during a transaction. If both NFTs have the same score, the one with the lower ID will be used.

All data stored in the metadata of an Olympex Pass remains permanently associated with it. This means the holder will continue to receive benefits for as long as the NFT stays in their wallet. If the NFT is sold or transferred, its historical point data— comprised of transaction volume and referral activity— will be transferred along with it. Similarly, any user purchasing an Olympex Pass with prior platform activity will inherit its full point history.

In short, Olympex Passes do not reset when transferred; they retain their state exactly as it was at the time of the transaction.

The exact supply will be revealed along with the collection on its respective release date.