UPDATES
Here's where you can find updates and news about LNOW, LHC, and anything else related to them! I'll do my very best to keep it updated and as chronological as possible!
This may not be the most up-to-date information. The best way to keep track of what's going on with LNOW is to join the Discord!
Don't forget to check LNOW's NeftyBlocks page for the latest drops!
updates
July 2022
Over 150 Dawn burned as of 7/22/22!
15+ Tokens of Hope have been minted from these burns, and 1.5 million LIGHT has been distributed as minting bonuses (100k LIGHT per Hope Token minted) to the holders!
As there can only be 100 Tokens of Hope minted ever, there will only be up to 10 million LIGHT given out as minting bonuses.
Two NFT Farms have been made on waxdao.io; the lightpool (confusingly named, I apologize!), which the extremely limited "Lightgivers" schema can be staked to for passive accumulation of WAX every hour, and the lhcfnftsfarm, which all NFTs from the LNOW collection are stakeable to for pass accumulation of LIGHT every hour!
LIGHT and SPARK tokens have been created!
Both tokens are ONLY on the WAX network!
LIGHT's primary usecase as of now will be to purchase LNOW NFTs from a smart contract-based shop (contract wallet: lhcshop.gm)
Total supply: 1 billion tokens
Tokenomics are not yet fully defined, but to keep in line with LNOW values, it will likely be that 90-100% of LIGHT spent in the lhcshop will be burned; due to a modification (made by MikeD from waxdao) to the standard WAX token smart contract, any token made using the waxdao token contract (aka the contract I also have deployed in the lhc.gm wallet) can be truly burned!!
If you didn't already know, the standard WAX token smart contract does not allow for tokens to actually be burned, which means anyone who uses that contract to create a token will have to send tokens to a "burner wallet" that no one is supposed to have the keys to, thus essentially "burning" it because it's been removed from the total amount of tokens.
This is not actually burning, because burning involves completely removing something from existence off of the blockchain from that point forward. Because waxdao's contract allows a real burn function, LIGHT will be a deflationary token, and it's supply will drop continuously over time as more and more is burned.
SPARK does not have a usecase as of now, but plans for it are in the works!
Neither token is tradeable on any market at this time!
A liquidity pool may be created in the future using a small amount (1 mil or less) and hopefully a larger amount of WAX, allowing LIGHT to have a relatively high value. This will take time to work out, until then, LIGHT will likely remain off of Alcor or any other WAX-based DEX.
Token contract was deployed using waxdao.io's Token Creator tool; token contract wallet is lhc.gm
More info can be found in the Lightpaper
Series 3: cre[AI]tion was announced!
This series will feature AI generated creations made from prompts by me, and possibly other creators/holders/etc! These will also include things such as original music made by me (Lumenascent), videos of the generation process by the AI, along with other things that will make this series unique from the others within the collection!
Multiple different AIs may be used to generate these NFTs, and I will try to always list which ones were used in the details of each NFT.
This series may also include photography or artwork by me or others that are edited/stylized/etc in some way by AI.
Basically, if I can help an AI generate something amazing/beatiful/crazy/etc, there's a chance it will become an NFT!
Prices of each NFT will vary within this series, as will their Brilliance points.
Some NFTs in this series may not have any Brilliance at all, if they are a promo-style NFT, or planned for an event of some kind. These will still be stakeable on waxdao!
Some will be more expensive than others, depending on the work involved, collaborators (if any), scarcity, etc.
Packs will not be a normal thing for LNOW, but there will likely be one or multiple packs released in Series 3, due to the amount of art that I want to share with everyone! This will also allow me to practice making and releasing pack drops so when launch happens, we hopefully have far less hiccups!
Series release TBD, but likely around middle to late August, if possible. May need to push it back to September, depending on time-constraints and real life things.
I became the 10th artist for Food Monsters, a collaborative NFT collection on WAX! Check out the Season 5 pack on Nefty (stakeable on waxdao)! It has Food Monsters made by me and Frazel, the creator of Food Monsters and The Online Inn, a massive collaborative of creators on Discord! This has been one of the best highlights of my entire year so far, and I can't wait for more collaborations to come in the future!
Only 5 days since the last Dawn update, another 100+ Dawn have now been burned!
This brings the total to over 250 Dawns burned out of the max 1000! I never expected a quarter of them to sell, let alone be burned for Hope Tokens! Thank you all so much!
The LIGHT Farm on waxdao will be extended by 6 months, to 7/31/2023
This will primarily have an effect on the amount of LIGHT given back per NFT staked. This is being done in order to improve and attempt to future-proof the health of LIGHT, and try to bring it back closer to the amounts rewarded that I wanted to have in the beginning
Waxdao updated the ability for new farms to set a specific rate back per NFT upon creating the farm, so I may make a new farm that allows users to stake all LNOW NFTs, but have a specific set rate for them rather than an algorithmically set rate.
Any changes made will always be announced in the Discord
A Light Staking Pool on waxdao will be opening soon!
This will allow you, if you choose, to stake the LIGHT that you earn from staking your NFTs into the LIGHT Farm.
Rewards are yet to be determined, but it will likely be either more LIGHT back (essentially allowing you to use your LIGHT to make even more LIGHT), SPARK at a far smaller rate back than LIGHT (more in line with what I wanted LIGHT to be originally)
This may seem redundant, but the idea behind it would be to earn passively using your passive earnings.
This is subject to change possibly, but I will be starting a LIGHT staking pool, regardless of the rewards decided.
The LIGHT Staking Pool has officially launched as of 7/27/22!
Stake your LIGHT on waxdao to earn even more LIGHT!
A minimum of 5000 LIGHT is required to stake, you must deposit at least 5000 at a time.
You will also need to deposit RAM into the pool, just like the NFT farms. It is refunded automatically upon unstaking.
The Pool has an expiration date of 01/31/2024. It may be extended to adjust staking rewards if needed.
August 2022
First pack drop for the collection! Series 3 cre[AI]tion packs are available!
3 types of packs were created, a promo pack, a regular pack, and a crate.
Collaborative efforts with Flid from FrenchMonetGang began, resulting in the birth of the Lightkeeper, a custom Discord bot designed exclusively for LNOW!
Currently, Lightkeeper allows users to see their total Brilliance Points, as well as check their currently synced wallet's LIGHT token balance!
Features that we'd like to get into the bot, in no order (no current timeline): the announced mini-game,
ability to check your staked LIGHT and how much you have ready to claim on waxdao.io(ADDED!), tracking of NFTs within wallet to auto-assign WBR level roles within Discord, and more!
For transparency, Flid has become a member of the LNOW team (while of course still being the head of his own project, FMG), and is also being given a percentage of LNOW's profits from all primary sales (not taken from holders) as a payment for his services, and to continue to keep Lightkeeper up and running.
LIGHT Token LP migrated from Alcor Exchange to TacoSwap!
Created LIGHT MEAL and SALSA Pools, earn LIGHT (plus other rewards!) by providing LIGHT/WAX LP, or by staking your TACO to our SALSA Pool!
As of 8/22/22, only 1 week since joining TacoSwap, LIGHT has hit #1 out of all non-TACO Team SALSA pools for (rank based on most TACO staked), and #3 out of all MEAL Liquidity Pools, including the TACO Team Pools!
LIGHT price moved from ~4500 LIGHT per WAX to ~910 LIGHT per WAX between 8/14/22 and 8/22/22!
Launched "LIGHT Crystals," NFTs backed with LIGHT in specific denominations. Smart Contract by Nick Kusters.
After getting sidetracked with Series 3 launch, LIGHT launch, and other craziness, as of 8/22/22, we have started the Whitelisting process again.
AtomicHub will be the main focus for Whitelisting, but we will go for whoever we are able to whitelist with. Currently, LNOW is only whitelisted on NFTHive.io.
Launched the CD Shop, where Lightholders who've collected and burned all 6 CD Shards can trade in their favorite Series 3 NFT, Mysterious CD-ROM, and LIGHT, for exclusive 1/1 NFTs from Series 3! These NFTs are coupled with the holder's favorite track from the CD Shop, as well as get upgraded Brilliance!
More info can be found on the CD Shop Page
All 6 CD Shards are available to purchase with LIGHT on nfthive.io. Shards 3-6 can also be found within the Series 3 Packs.
September 2022
FINAL ROUND OF DAWN LAUNCHED 9/12/2022
I never thought it would happen so quickly, we exceeded my timeline by nearly 5 months!! Thank you so much to everyone who's purchased any amount of Dawn, I appreciate you more than I can ever express!
First (and only for awhile) BP Leaderboard Challenge started 9/5/22, ends 9/19/22.
This challenge seriously showed some of the mistakes that I've made with LNOW and it's set up
Started work on Series 4 and 5
Series 4 (name tbd) will be a creator-focused collection, and will solely contain NFTs from all kinds of different creators! The hope is to use this Series to amplify the reach of smaller creators (all types of creators are welcome, from music to artwork, and everything in between!), as well as help give them at least a small amount of profit from their creations. More information on Series 4 details can be found in the Lightpaper
Series 5 (A Brilliant Journey) is themed entirely around a story based on LNOW. This will give depth and some interesting story to the collection, and will be released over quite a long period of time, with different story arcs being released one at a time (can think of it similar to "seasons" of a TV show or project). The majority of this series will be generated by AI due to my personal inability to bring the thoughts and ideas in my mind to life, and no artist at the moment to pay to create them either. So AI it is!
The generated images will be selected very carefully, making sure that they fit the vision that I have for the images. I also sometimes use the things that the AI comes up with that I didn't think of including as additional story elements. They may be AI generated, but they will be more thematically based than any of the Series 3 NFTs, and will also include story elements.
Series 5 also includes the addition of new elements to the LNOW ecosystem: Shadow, Dim, Bright, and Light Spheres (Dim and Bright being steps between Shadow and Light), Cracked Light Spheres, Light Essence (LE), SHADE token, and SPARK token.
Spheres will be used to blend for redeemable prizes within the blend page on LNOW's NeftyBlocks page
In order to use them to redeem, they will need to be "purified" using Light Essence.
Light Essence will only be purchasable using LIGHT token
It will take a total of 10 LE to purify 1 Shadow Sphere from Corrupt to Purified.
You will also be able to use LE to "restore" Cracked Light Spheres.
LEs price has not been set yet
There will be a cooldown on all purchases related to Spheres; Light Essence, Shadow Spheres, Cracked Light Spheres, etc. This is to try to prevent too much whaling from happening
Spheres, along with SPARK and SHADE, will be used to blend NFTs into different types of that same NFT, with the blend result's element aligning with the resource blended with it (SPARK > "Light" element, SHADE > "Shadow" element)
WAXDAO farms will be created (once Farms V2 is launched, should be coming soon) enabling holders to stake their new NFTs for token rewards back. The Shadow Farm will give back SHADE, and the Light Farm will give back SPARK.
Series 5 NFTs will likely not be stakeable in the regular 'lhcnftsfarm' NFT Farm that gives back LIGHT. This is to keep the NFT count from spiking heavily, and to maintain the idea of balance that I have between the three tokens and the NFTs.
You can use SPARK and SHADE to purchase Spheres, SHADE will buy Shadow Spheres, SPARK will buy Cracked Light Spheres
SPARK and SHADE will not be tradeable on Alcor or TacoSwap for WAX. They become tradeable for LIGHT in the future, but that is not a guarantee.
Some new features will be added alongside these new additions, such as "breaking" a Sphere to receive some LE and tokens back, depending on the phase and type of the Sphere
This may or may not come to fruition, and may require more complex coding than I am capable of. At any rate, it may be able to be done with WAXDAO Super Blends, which are also on their way. Super Blends will play a big part in Series 5.
The other big feature being added with Series 5 is negative Brilliance (-BP)!
This will be included on all Shadow-type NFTs, from Shadow Spheres to regular Shadow-type Series 5 NFTs.
-BP will stack, just like regular BP does. It will take from your current BP rate based on how many you have. If you have -100 BP worth of NFTs, your BP will be reduced by 100 points until you purify the NFTs, or remove them from your wallet (staking, selling/trading, etc)
Holders MAY NOT transfer Shadow-type LNOW NFTs to other wallets to avoid -BP, doing so will result in negative consequences, up to permanent banning and blacklisting from the collection
-BP may also compound in some way (undecided yet), meaning if you hold a large amount of -BP NFTs (specifically may happen with Shadow Spheres), your BP will be affected far more than just the total amount of -BP (for example, -100 may become -200, something to that effect)
The idea behind -BP is to help balance out the extreme amount of BP some holders have. Those with higher BP may have the ability to hold more Shadow Spheres without being too hurt by them, which is why -BP will likely compound the more Shadow Spheres you hold. Light Spheres BP will not compound up in the same way, they will only add the amount that they are worth.
Alongside Series 5, WBR levels will also be reworked. The reason for this is due to, again, the extreme ramp-up of the BP that happened during the initial pack drops of Series 3, specifically during the BP Leaderboard Challenge. I did not expect that to happen in the way it did. This is not to disparage anyone, I appreciate every single buyer of all LNOW assets, both big and small. I just didn't expect it to mess with the WBR system as much as it has seemed to. For these reasons, I'm working on a revamp to the system.
These new additions will be used throughout the whole of LNOW, not just for Series 5.