User:Oniva1403/sandbox/Stoned Ape Crew (NFT)

= Stoned Ape Crew (NFT) = Stoned Ape Crew (SAC) is a non-fungible token (NFT) project built on the Solana blockchain that aims to bring the marijuana and NFT communities together. The project is a global community-based weed-lifestyle brand that has one goal, to educate people on the positive side of cannabis, especially its medical and therapeutic benefits. The Stoned Ape Crew project is the brainchild of two developers based in Vienna, Austria, and two artists living in Berlin, Germany. The four are aided by a team of community builders, Web 3 developers, NFT collectors, artists, designers, social media influencers, process managers, and finance and legal advisors.

Members of the Stoned Apes team are well known for doing work with large companies like Volkswagen and Axel Springer. The three developers in the team have finished working on big projects, and they have over three years of experience in crypto enterprise. One of their biggest tasks was developing an app for the novel virus’ COVID-19 registration for several countries. Inspiration for the Stoned Ape project came from the founders’ shared support for research into marijuana and psychedelics being conducted by the Maps.org foundation. The team at Stoned Ape Crew views cannabis as something positive, especially when used to relieve pain, treat anxiety, and for general relaxation. And this is the message the developers hope to spread with the Stoned Ape Crew project. In the team’s estimation, only a few weeks after their mint, they were outperforming nearly every other marijuana-related project on the Solana network as far as changing the stigma associated with cannabis consumption was concerned.

Stoned Ape Hypothesis
The Stoned Ape Crew lore is also partly inspired by ethnobotanist Terrence McKenna’s Stoned Ape Hypothesis. About 2 million years ago, as early hominids migrated from Africa into Asia and Europe, the size of their brains tripled in size, leading to the development of complex cognition and sociality.

In his 1992 book, “Food of the Gods,” McKenna, a renowned psychedelic advocate, posited that this evolution of cognition in humankind was kickstarted when Homo erectus ingested magic mushrooms and psilocybin. The idea emerged out of conversations Terrence had with his younger brother, Dennis McKenna, a noted ethnopharmacologist and research pharmacognosist in his own right.

McKenna claims that during the Pleistocene period, early men domesticated cattle and came into contact with psilocybin mushrooms. Changing weather conditions at that time and the abundance of cow droppings favored the growth of magic mushrooms. McKenna argued that low food conditions would have forced the early man to use these mushrooms as a food source, and the more he ate the mushrooms, the more his consciousness expanded. According to McKenna, this mental expansion is what gave rise to articulated speech, imagination, culture, magic, and religion.

Research has proven that Psilocybin, the active ingredient in magic mushrooms, can augment cognition and creativity in people by increasing connectivity in areas of the brain associated with solving problems, and McKenna argued that ingesting small quantities of the stuff could have accelerated the cognitive developments that occurred at that time.

Stoned Ape Crew taps into this hypothesis by advocating the use of cannabis, which, just like magic mushrooms, heightens a person’s sensory perception, often leading to philosophical breakthroughs and spiritual epiphanies.

Background
During the Genesis mint of the Stoned Ape Crew NFTs, which took place on November 28,  2021, about 4200 Apes were minted on Solana. The NFT Apes sold for 0.69 SOL, with SOL valued at $180 a pop at that time. Since then, the Stoned Ape Crew project has steadily grown in popularity and some of its NFT Apes have sold for as much as 500 SOL, equivalent to $68,000.

The SAC project established a creative way to yield returns as an investor, enabling holders to stake their Apes and earn in its native token dubbed $PUFF.

The Genesis Collection presale saw the digital asset sell out in 2 minutes, an occasion that SAC’s developers described as a moment that will stay with them forever. The $PUFF token has since witnessed progress too, as the token is now listed on popular digital asset tracking platforms such as Coinmarketcap and Coingecko.

Stoned Ape Crew’s aim is to give proper value to weed lovers globally. For instance, SAC enables weed enthusiasts to buy marijuana wholesale legally by using the $PUFF. Moreover, within the Smart Ape Crew ecosystem, many institutions will accept $PUFF as a payment

$PUFF Token
The SAC platform is powered by the $PUFF token, which can be earned by staking Stoned Apes NFTs. The $PUFF token is the first of its kind in the Solana ecosystem to incorporate game theory and intelligent burning mechanisms to increase the value of NFTs through an evolutionary breeding process. The process, which turns regular apes into more valuable “Nuked Apes,” is achieved by combining two Role Apes with 1420 $PUFF tokens.

$PUFF tokens will also be the primary currency used to buy rare NFTs from a Nuked Apes collection to be built on the SAC platform in the near future. Besides that, the token also has real-world value as it can be used to purchase cannabis and cannabis-related merchandise from legal online and brick-and-mortar marijuana stores, as well as to access weed-themed parties in various European cities.

Stoned Ape Crew’s total supply of $PUFF tokens is 420 million, but the circulating and maximum supply of the token is depending on the staking rate and is displayed at the analytics dashboard. According to the project’s developers, the supply is enough to take the ecosystem through 10 years of activities. A theoretical analysis was carried out, showing that if 2000 Chimpions were to be taken through the retreat process, a total of 1.2 million $PUFF token would be burnt out monthly. That would result in less than 1 million tokens left if 80% of the NFTs are staked. About 77,000 $PUFF tokens were still up for grabs as of January, with their current price standing below a dollar during the end of the month.

Roadmap
The Stoned Ape Crew released an updated version of its roadmap, dubbed “Roadmap 2.0,” in which the team documented future plans for the project’s growth and development.

In Roadmap 2.0, the Stoned Ape Crew team incorporated a slew of real-world utilities for the NFT platform’s native token. For instance, there are plans to set up a Stoned Ape Crew online store that will sell a variety of marijuana extracts such as cannabidiol (CBD) and delta-8 THC for recreational and medicinal use.

In addition, the online store will also sell Stoned Ape Crew-branded apparel such as t-shirts, hoodies, and hats, and cannabis accessories like vaporizers, weed storage cases, bongs, pipes, grinders, and ashtrays (42). Purchases on the store will primarily be done using the $PUFF cryptocurrency.

The Stoned Ape Crew roadmap also highlights plans to open brick-and-mortar coffee shops in jurisdictions that allow the recreational use of cannabis. Customers in those stores will pay for their purchases using $PUFF alongside major fiat currencies. The SAC team also intends to develop a $PUFF 1-click checkout system and a Web 3 software as a service (SaaS) protocol to deliver on-demand blockchain solutions to the cannabis community.

Another step in the SAC roadmap is the establishment of a decentralized autonomous organization (DAO), which will play a central role in the making of governance decisions on the platform. Through the DAO, the Stoned Ape Crew community will be able to propose or decide on new features to the SAC protocol. The DAO is intended to ensure that Stoned Ape Crew’s ideals of decentralization and democratization are upheld and that the future of the platform is built in the image of its community.

There are also plans for a lottery where members of the Stoned Ape community will have the chance to win a variety of prizes, including rare ape NFTs. In addition to the lottery, there are also plans for a special airdrop that will gift SAC community members with roles for their chimpions.

Finally, the SAC roadmap also details plans for the creation of three NFT collections. The first will be a collection of NFT GIFs, the second will be a collection of space-themed ape NFTs, and the third will be a collection of Nuked Apes called the Breeding Nuked Collection.