JPEG DAO Membership Update

Starting March 1st, ALL Members must hold the required membership amounts the whole month to receive rewards and benefits. If they drop their $JPEG below the required amounts they will receive NOTHING. No Redemption Tokens. No NFTs.

To recap: This past February the JPEG DAO introduced Redemption Tokens. Instead of the old system where Members were sent specific NFTs, they will now be able to pick from an ASSORTMENT of NFTs available from both new and established artists.

1 Redemption Token will typically be redeemable for 1 NFT. For Silver Members, there will be at least 1 NFT minted per week with a supply of 100 copies. As Membership grows, there will be more NFTs minted to keep up with demand. The redemption process is through a special Litemint link on our website Here.

These Redemption Tokens can be used to purchase more Rare NFTs.

If you aim high, which is recommended, and buy/hold 100K $JPEG, you become a Gold Member and receive 11 Redemption Tokens monthly. There will also be special NFTs minted that sell for 5–10 tokens depending on rarity. These NFTs are designed for our Gold Members but are still available to our Silver Members if they save their Redemption Tokens. Silver Members, users who buy/hold 10K $JPEG, receive 1 Redemption Token per month.

More exclusive Member benefits are coming. Thank you to all Members and please join the JPEG community on Discord. Be part of the change and help JPEG DAO’s mission to deliver the best NFT experience.