Today we made a major leap forward in the liquidity plan for the BabyTuru $BBT token. With support from founder contributions, we have added a $BBT-$SUN pair and a $BBT-$ETH pair.
Now that Altseason is “hopefully” around the corner, it will pay off to have more and more pairs with $BBT to drive volume to our token pairs. A week or so ago, there was a sudden spike in ETH value on Tron blockchain which recovered through arbitrage immediately. We have the ambition to be part of these type of counter arbitrage volumes, which is why besides $SUN, the native token of Sunswap, we have now also added $ETH as a pair for $BBT.
With this we are also pivoting a bit away from dependence on energy sales now that the energy revenue has been slashed by the latest changes in Tron governance. With the $ETH and the $Sun pair we have now two more eggs in the arbitrage basket
On Sunday 24th of August at 7PM CET, the second series of the CWT will be ready for mint on COTI Blockchain.
You can buy them on COTI Blockchain directly for 280 $COTI or on any blockchain featuring BabyTuru tokens with $BBT following the instruction in this blog.
Reward payout to holders of the NFT is approximately monthly.
Click the picture below for the minting link…
In this blog we discuss the following points and FAQ’s:
What is CWT and how does it work?
Nominal value.
Sales price of a new serie.
Secondary market.
How are the rewards distributed?
What are contributor NFT’s
What type of NFT’s are there?
Where can I buy the CWT V2 NFT’s
What is CWT?
CWT stands for Community World Tour and it is a project by the BabyTuru community for the community. It consists of NFT’s with graphics either created by the community or owned by the community (contributors). 90% of the revenue generated by the sales of the NFT’s goes into the CWT treasury on COTI blockchain, earning consistent passive income for the project.
47.5% of the passive income is distributed on a regular base to NFT holders , 5% goes to the contributors and 47.5% is reinvested back into the treasury.
The target is to optimize returns and move towards a DAO structure in time.
After sell out of serie, we will use some time to accumulate more rewards, after which a new serie with a higher selling price (approx 110% of current nominal value) will be put up for minting.
Nominal Value
The ownership of the Treasury is spread proportionally over the holders of the CWT NFTs. On a regular base the nominal value (Treasury value per NFT) is published.
In the latest example, there is 22 700 $COTI plus 9 300 $gCOTI (valued 1860 $COTI) in the treasury. This makes a total value in the treasury of 24 560 $COTI. Which means with a supply of 100 NFT’s, a nominal value of 245.6 $COTI per NFT.
Also we have already paid out 2 $COTI to NFT holders, so the ROI (return of investment) for NFT holders has almost been reached.
Sales price of a new serie
The sales price of a new series takes two key factors into consideration: – It needs to cover 10% costs for TuruGlobal for development and mint of the series. – It cannot dilute the price of the existing CWT NFT holders.
Considering it takes about 2 months to sell out a collection the contribution of the new series sales to the treasury should be at least 250 $COTI with a 10% cost coverage for TuruGlobal, that would lead to a minimum sales price of 277.7 $COTI.
Just like Series 1, the Series 2 will be listed on Crafter for probably 280 $COTI each.
Secondary Market
Crafter is developing a marketplace to establish a secondary market for NFT’s. There it will be possible to list the CWT NFT’s and the contributor NFT’s for selling them against market price or above..
How are the rewards distributed?
Until we have a nominal value of below 500 $COTI, we will distribute the rewards whenever 1 $COTI payout to NFT holders can be assured. No effort needed from NFT holders, the rewards appear automatically in the wallet holding the NFT’s.
What are contributor NFT’s?
Unlike the CWT NFT’s, the contributor NFT’s have no governance power and hold no claim to any portion of the treasury. They will receive 10% of the rewards shared to CWT holders, proportionally to the amount of contributor NFT’s they hold..
There are four ways to earn contributor NFT’s: 1. By contributing with graphics to the CWT NFT collections. For every contribution done, you will receive 1 contributor NFT. 2. By holding a Single Mint NFT on Tron blockchain which has been featured in the CWT collection under subcollection HODL 3. By being a Millionaire Club member for BabyTuru on any blockchain and being featured in the CWT collection under subcollection MC 4. By being a team member of BabyTuru and being featured in the CWT collection under subcollection team.
If you belong to category 2, 3 or 4, please clearly inform us about your corresponding EVM wallet address to send your Contributor NFT to.
As CWT NFT’s, the contributor NFT’s will also be available for sales on the secondary market once the marketplace is ready.
What type of NFT’s are there?
There are several subcollections in the CWT NFT series. We have artificial intelligence created graphics either as stand alone or as series…
Like the Outback Irwin series.
We have Millionaire Club and Single Mints series, hand drawnby our designer. These are indicated with the HODL sign.
Then we have either the Millionaire Club or Team NFT’s, honoring early team members or Millionaire Club members.
Where can I buy the NFT’s?
You can buy the NFT’s at the Crafter NFT platform on COTI, paying with $COTI tokens: Crafter.
Or you can buy them using $USDC tokens on another Blockchain EVM blockchain or $BBT on Tron by sending the funds to our purchase wallet in the following manner. Please give us a headsup in our Telegram channel: https://t.me/babyturu When done!
In case of USDC on any EVM blockchain: Send the 12,5 $USDC to the following wallet: 0xae2a7D9f0A890cB71D753DE05986E6A0D20c9b52. We will mint an NFT in your name and send it to the wallet from which the BBT arrived. We will also send 1 $COTI to cover any future gas fees.
The following chains are available for this managed swap: Polygon, Binance SC, Arbitrum, Base, Ethereum & Bittorrent
In case of BBT on Tron: Send the 24k $BBT to the following wallet: TDMAvFXFvGF882F62L5oZuAkEFGfrhXpF9. Clearly indicate in the transaction notes your address of your EVM wallet. We will mint an NFT in your name and send it to indicated wallet. We will also send 1 $COTI to cover any future gas fees.
It is time for a new series of BabyTuru Millionaire Club avatars. Our BabyTuru bird artist, JP has created three new avatars for the BabyTuru Millionaire club. In order to request the creation of a MC Avatar, send proof of funds exceeding 1 Million BBT to the TuruGlobal team and an Avatar will be created.
The details about the benefits of having an Avatar made can be found here: https://turu.world/millionaire-club/ We have made the following Avatars:
Due to technical problems with the Kraftly App, we have moved away from Kraftly and have chosen to move forward with APENFT as the minting solution for the Millionaire Club avatars. They are easy to find in Tronscan by searching for BBTMC in the search field. The three new Avatars can be checked here:
With half of the collection minted, it is time for a little update on the BabyTuru Community World Tour.
What are the highlights so far:
50% of supply has been minted
Carpathian Nodes donated 1000 $gCOTI
CWT vault in treasury has been started
First airdrop to NFT holders
Lightpaper and roadmap has been published
What is coming next:
Vault V2 will be going live
Treasury on Carpathian Nodes to go live
Preparation for series 2
Contributor NFT’s to be minted and distributed
Highlights
50% Minted
Just shy of one month after going live with the BabyTuru CWT collection the 50th mint has happened. The 50 NFTs are held by 25 holders, resulting in an average amount of 2 NFTs per holder with a maximum of 5 NFTs for the biggest holder. This can be considered a healthy distribution for an NFT project.
gCOTI donation
Carpathian Nodes, which will be the home for the vault of the BabyTuru CWT on the Treasury has donated 1000 $gCOTI to celebrate the cooperation between these projects on the COTI chain.
CWT Vault has been started
The BabyTuru CWT project has been depositing $COTI in the dedicated vault as per the light paper. 90% of earnings have been deposited, where half of the rewards will be re-invested and half will be paid out to NFT holders and contributors.
With this the DEFI angle of the CWT collection has started. And thanks to the donation of Carpathian Nodes, the APY is being boosted.
First airdrop to NFT holders
The first of many airdrops has been done to holders of the CWT NFT’s. The first airdrop was a $BIGM token which was send to the first 28 NFT holders. This is a teaser for the time when more than just $COTI will be staked on the treasury managed by the Carpathian Node which will result in some more non COTI airdrops.
Light paper and roadmap published
The lightpaper V0.1 has been published and recorded on Bitmap, making it immutable and allowing to track the history of how the lightpaper evolves. By click the roadmap below, you will get access to the lightpaper.
Coming next
Vault V2
Vault V2 is planned for the last week of May. With this the Treasury will be directly accessible from the Metamask wallet, making it more convenient to manage. The CWT wallet address will be dedicated to managing the Vault and distribution of tokens. From the moment the Vault V2 is live, the transactions done will be easy to track by checking the wallet. CWT walllet: 0xae2a7D9f0A890cB71D753DE05986E6A0D20c9b52
Treasury on Carpathian nodes
After the V2 Vault, COTI will sell licenses for entities to manage part of the Treasuries. Carpathian Nodes will hold a couple of licenses and will open its node for license holders to park their licenses. This will lead to a significant amount of staking room ensuring good staking rewards for stakers on Carpathian Nodes. CWT will move it’s vault to the Carpathian Nodes treasury once possible.
Series 2
Now that 50% of Series 1 has been sold out, we will be slowly preparing for a second serie. For this second serie, we will again be needing contributions from our community. Contributions chosen for the collection will be rewarded with the contributors bonus.
The second series will have a slightly different feel and will be sold at a price point of 275 $COTI per NFT. This ensures a small appreciation of value for Series I holders while not overpricing the Series II.
While in Series I we had 13 contributors, we are aiming for at least 20 contributors with a maximum of 10 featured graphics for Series II. To apply for the listing of a graphic, please submit your entry in the BabyTuru Telegram channel.
Contributors NFTs
After the first Series has been sold out and the second serie is up for minting, we will create NFT’s for the contributors. As mentioned in the light paper, 20% of all rewards paid out, are paid to contributors proportional to their contribution.
These NFT’s will be transferable and sellable (once the marketplace on Crafter is ready). Holding one of these NFT’s gives you the right to receive the proportion of the contributors rewards. But there are no voting rights connected to these NFT’s.
BabyTuru Meme Token Launches “Community World Tour” NFT Collection on COTI V2 Blockchain.
In an exciting development for the BabyTuru meme token community, the project has announced the launch of a new NFT collection titled “Community World Tour”. This initiative not only showcases the creativity of its global community but also leverages cutting-edge blockchain technology through the newly introduced COTI V2 blockchain. With a focus on community participation, AI-generated art, and innovative staking rewards, this collection aims to bring together BabyTuru enthusiasts in a unique and rewarding way.
A Community-Driven NFT Collection
The “Community World Tour” NFT collection is a celebration of BabyTuru’s global fanbase, inviting community members to contribute their creativity by designing location-specific AI-generated BabyTuru graphics. Whether it’s BabyTuru exploring the neon-lit streets of Tokyo, lounging on the beaches of Rio de Janeiro, or standing amidst the pyramids of Giza, the project encourages contributors to capture the essence of their chosen location through the playful and iconic BabyTuru character.
BabyTuru, a meme token known for its lighthearted and community-centric approach, is taking a bold step by empowering its members to co-create this collection. The project is actively seeking submissions from artists and AI enthusiasts within the community, emphasizing that no prior professional experience is necessary — just a passion for BabyTuru and a knack for creativity. Using AI tools, contributors can generate unique graphics that reflect the culture, landmarks, or vibe of a specific location, making each NFT a one-of-a-kind digital collectible.
Powered by COTI V2 Blockchain
The “Community World Tour” collection will be minted and sold as NFTs on the COTI V2 blockchain, a layer-2 solution on Ethereum known for its speed, scalability, and advanced privacy features. COTI V2 introduces a sophisticated cryptographic framework centered around garbled circuits and multiparty computation (MPC), offering a new standard for on-chain privacy. This makes it an ideal platform for a project like BabyTuru’s, which values both innovation and security for its community.
COTI V2’s decentralized sequencer model further enhances the network’s security by distributing transaction ordering responsibilities across multiple participants, reducing risks like censorship or single points of failure. For BabyTuru, this means a seamless and secure experience for minting and trading the NFTs on the Crafter NFT project, ensuring that the community can focus on creativity and engagement rather than technical hurdles.
The Crafter NFT project on COTI V2 is an exciting development within the COTI ecosystem, bringing a user-friendly platform for creating, minting, and managing NFTs (non-fungible tokens) directly on the COTI V2 Mainnet. COTI, known for its focus on privacy and scalability as an Ethereum-compatible Layer 2 solution, has evolved significantly with its V2 upgrade, incorporating advanced cryptographic techniques like garbled circuits and multi-party computation (MPC) to enhance on-chain privacy and security. The Crafter project leverages these capabilities to offer a seamless NFT experience, aligning with COTI’s mission to drive Web3 innovation.
Staking Rewards for Contributors
One of the most exciting aspects of the “Community World Tour” collection is the reward structure for contributors. Once the NFTs are sold, the income generated will be staked in the COTI treasury, a mechanism that allows for the accrual of staking rewards over time. These rewards will then be partially distributed to the community members who contributed the AI-generated graphics for the collection, proportional to the sales of their specific NFTs.
This model not only incentivizes participation but also creates a sustainable revenue stream for creators within the BabyTuru ecosystem. By staking the NFT income on the COTI treasury through the Carpathian node, the project ensures that contributors are rewarded long-term for their efforts, aligning with BabyTuru’s ethos of community empowerment and shared success. It’s a win-win: collectors get to own unique, location-specific BabyTuru NFTs, while creators earn a share of the staking rewards generated by their work.
Rewards for NFT Holders
The second exciting aspects of the “Community World Tour” collection is the reward structure for NFT holders. As well as for the Contributors the rewards will also be partially distributed to the NFT holders
How to Get Involved
The BabyTuru team has made it easy for community members to participate in the “Community World Tour” collection. Here’s how you can get involved:
Create Your AI-Generated Graphic: Use any AI art tool to design a BabyTuru graphic that represents a specific location. Think about what makes that place special — its landmarks, culture, or natural beauty — and incorporate those elements into your design.
Submit Your Work: go to the BabyTuru Telegram group: https://t.me/babyturu post your generated graphic there and add a suggested name for the submission. Selected submissions will receive a tip of $BBT tokens on the BTTC (Bittorrent Chain).
Minting and Sales: Once selected, your graphic will be minted as an NFT on the COTI V2 blockchain and made available for sale to collectors once the whole collection is finished.
Earn Staking Rewards: After the NFTs are sold, the income will be staked in the COTI treasury, and you’ll receive a portion of the staking rewards based on your contribution to the NFT collection on a monthly base.
Why This Matters
The “Community World Tour” NFT collection is more than just a digital art project — it’s a testament to the power of community in the Web3 space. By involving its members in the creation process, BabyTuru is fostering a sense of ownership and collaboration that sets it apart from other meme token projects. The use of AI-generated art also highlights the growing intersection of technology and creativity, allowing anyone with access to AI tools to contribute, regardless of their artistic background.
Moreover, the decision to launch on COTI V2 demonstrates BabyTuru’s commitment to leveraging advanced blockchain technology for the benefit of its community. With COTI V2’s focus on privacy, speed, and decentralization, the project ensures that its NFTs are secure, accessible, and future-proof, paving the way for broader adoption and innovation.
Looking Ahead
As the “Community World Tour” collection takes shape, BabyTuru is poised to make waves in the NFT and meme token space. This initiative not only strengthens the bond within its community but also positions BabyTuru as a forward-thinking project that embraces both creativity and technology. With the potential for staking rewards to provide ongoing value to contributors, the collection could set a new standard for how meme tokens engage their communities in the Web3 era.
For those interested in joining the journey, now is the time to get involved. Whether you’re an artist, a collector, or simply a BabyTuru fan, the “Community World Tour” offers a unique opportunity to be part of something truly global — and rewarding. Stay tuned to BabyTuru’s official channels for updates on the submission process, minting dates, and more. Let’s take BabyTuru on a world tour, one NFT at a time!
In order to give easy access to $BBT tokens on Arthera, BabyTuru will be offering Convertible NFT’s which can be purchased with $AA tokens after the TGE (token generating event) on Arthera, which is when the $AA tokens will be available on chain. This event will happen on December 3, 2024.
5000 $BBT can be bought for 20 $AA through the widget on the Turu.World website, by clicking on the picture above. Besides a 5k convertible NFT, there will be 25k and 50k convertible NFT’s.
The China series is part of a bigger collection of countries with further utility once the native $AA token has been added to the Arthera network. Check the Arthera Telegram through this link:
In order to further strengthen the long term outlook for $BBT token, we are introducing the swap $TRD for $VBS initiative. This will have the following impacts: – With less $TRD in circulation, less $BBT is being distributed reducing the sell pressure on $BBT – $TRD holders have a choice to convert (part of) their $TRD into a more liquid $VBS token with returns in $USDD instead of returns in $TRD & $BBT.
Market buys of $BBT
The reduced distribution of $BBT will help supporting the value of $BBT. This year TuruGlobal has bought 13.5M $BBT back from the market and the expectation is that the buy back amount will steadily increase over time.
What is $TRD
$TRD is the investment token into TuruGlobal, which gives you a monthly return in $TRD of 0.5% monthly interest paid in $TRD and it gives a quarterly return in $BBT of 15 $BBT per $TRD on a quarterly base…
In order to give the $TRD holders a chance to exchange their $TRD in a more liquid token we have the following initiative involving VersacBrickSquad.
VersacBrickSquad
Based on the low community enthusiasm and the bureaucratic struggles we had with the apartment we decided to sell our VBS apartment and all the bricks (shares in the apartment) are being bought back from the market plus they generate a monthly interest of 0.5% paid out in $USDD monthly until they are bought from the market.
TuruGlobal still holds a significant amount of $VBS and is planning 2 initiatives: 1. Replacing all bricks (for Tron holders) with $VBS tokens as the $VBS tokens have a nominal value of 1 $USDD, they are easier to buy from market in smaller portions, plus the energy cost of transferring a $VBS token is significantly lower then transferring the brick NFT’s. This will render the NFT’s on Tron without value but gives more flexibility to the holders… 2. Giving $TRD holders the chance to swap (a portion) of their $TRD into $VBS.
Swapping $TRD into $VBS
What does this mean in practise? Making this swap will mean you will not receive $BBT and $TRD on the swapped amount anymore but instead you will receive monthly $USDD on the $VBS you hold plus based on a FCFS (first come first serve) manner your $VBS will be bought from you at the nominal value of 1 $USDD per $VBS.
We have a maximum of 1000 $TRD to be swapped for $VBS at this round at a 1:1 rate. In case $TRD holders want to offload more $TRD for $VBS this will be done at a reduced exchange rate of 0.5 $VBS per $TRD for holders above 10k $TRD. Holders above 10k $TRD can swap up to 50% of their remaining amount.. < 1 000 $TRD: 1$TRD = 1 $VBS > 10 000 $TRD: 1 $TRD = 0,5 $VBS
Example. If you hold 31k $TRD you can swap 1k $TRD for 1k $VBS plus 15k $TRD (half of 30–1) for 7,5 k $TRD and 8.5k $VBS.
The swap can be done by sending the $TRD tokens to the following address: TXAZpYqj5vk3JQJCjDowJvFfCqgSBxnqyc
Usually within 24 hours the corresponding $VBS will be sent to the sending wallet address.
This offer will be valid for 1 month, meaning the deadline for the swap is November 8th 2024.
Purpose
With this initiative, we want to serve $TRD holders to cash out against a more liquid token ($VBS) with monthly interest in $USDD and reduce the amount of outstanding $TRD.
It reduces the amount of quarterly paid out $BBT tokens to $TRD holders. we are to reducing the sell pressure on $BBT further…
Together with the $BBT burn volume and the amount of $BBT bought from the market, it will result in a shrinking supply of $BBT tokens which should be good for its value.
This further supports the BabyTuru Defi infrastructure bringing more and more value to the $BBT token.
Today distribution will start of the first voting rewards for the month September. We have made two changes compared to the previous months:
We have added a new Meme token to distribute rewards from.
We have created more visibility in the amount to be distributed and the total rewards distributed.
The new Meme token is Twiskers. So everyone voting more than 10k $TRX for the TuruGlobal SR will be receiving an additional 5% in rewards in $TWX besides the 80% in $TRX, 20% in $BBT and 5% in $TRNGUY.
Besides the new tokens, we have created for all meme tokens distributed a transparent list of the amount of tokens to be distributed. So every holder can check and see the expected distribution. You will be able to see this overview in our SRC section
We have great news!! In cooperation with the “Claim Free TRX” project, we have set up a $BBT staking pool.
You can stake your $BBT and will receive claimable $BBT on a daily base. Up to a total staked amount of 15M $BBT, we will be paying out daily 5k $BBT. This means the guaranteed APY for the staking is 12.16% upon reaching the total staked amount of 15M $BBT. If we would exceed this amount, we will increase the daily staking payout..
The staked $BBT will not be receiving any additional tax income as the staking contract is excluded of fees and excluded of rewards. This means that the more $BBT is locked in the staking contract, the more tax is going into the burn wallet as it proportional share increases.
This Staking contract is serving three benefits:
Increased $BBT rewards for long term $BBT holders
Increased burning volume of $BBT reducing the circulating supply of $BBT
More visibility of the Claim Free TRX platform (cooperation of Tron projects).
