YOUR RIGS ยท THE SIMPLE TRUTH
What do I actually own?
No jargon. No confusing numbers. Here's exactly what your RIG is, what the treasury holds, and how to get your share โ in plain language.
One RIG = one unique piece of onchain art
You bought a RIG โ a unique digital collectible drawn by code that lives on the blockchain. There are only 10,000 ever (all minted). You can hold it, trade it on OpenSea, stake it, or use it in the lottery.
What it's worth: whatever someone will pay for it on OpenSea. Check the current floor price: opensea.io/collection/approvalnowgoodsmashrigs โ
Lock it up โ earn GMTS tokens every few seconds
When you stake, your RIG goes into a smart contract (a locked box on the blockchain). While it's there, you earn GMTS tokens โ a reward currency we created. Think of it like interest on a savings account, but in crypto.
You get your RIG back whenever you unstake. The GMTS you earned stays in your wallet. Your RIG is never lost, sold, or transferred to anyone else.
What GMTS is worth: it's a new token. Its value depends on demand. You can hold it, trade it, or use it in the ecosystem.
๐ก๏ธ Is it safe? The staking contract is verified on Blockscout. It can only touch RIGS โ not your other NFTs, not your ETH. If you're done staking, revoke the approval at revoke.cash. You keep everything.
What's in the pot & how you benefit
๐ฐ Current treasury (real, onchain):
| ETH (from royalties + machine fees) | 0.0157 ETH |
| GMTS (yield pool) | ~1,000,050 GMTS |
| RIGS (team allocation) | 123 RIGS |
๐ About the "$3,010 basket"
You may see a number like "$3,010" on the site. Here's what that means honestly:
It's the combined stock price of 14 real companies (Apple, NVIDIA, gold, silver, uranium, etc.) that we track as a reference. This number determines how much GMTS stakers earn โ when the basket goes up, your yield goes up.
It does NOT mean the treasury has $3,010 of stocks. The treasury has bought small amounts of real tokenized stocks (gold, silver, uranium, rare earths) and will buy more as fees accumulate. But we're early โ the amounts are small right now.
Think of it like this: the basket is a speedometer. It tells the machines how fast to spin. The treasury is the gas tank โ it fills up from fees and royalties as more people participate.
๐ How holders benefit from the treasury:
- Every RIG trade pays 5% royalty โ goes to the treasury automatically
- Every machine mint pays 0.0012 ETH โ feeds the fee loop
- The fee loop splits: 10% saved / 40% supports the floor / 50% buys real stocks
- More fees = more stocks bought = the treasury grows over time
- Mineral lottery = real crystals shipped to winners (funded by the ecosystem)
The treasury is shared โ it belongs to the ecosystem, not to any one person. The better the collection does, the bigger it gets.
Three things you can do today
1. Stake your RIGS
Earn GMTS every block. One-click โ the site finds your RIGS automatically. Unstake anytime.
Go to Portfolio โ2. Enter the mineral lottery
Stake RIGS in the draw โ winners get real crystals shipped. Ends Sep 7.
Enter on Portfolio โ3. Trade on OpenSea
Buy more, sell, or just hold. Every trade pays royalties that grow the treasury.
OpenSea โThe honest answer
- โ Contract source code is public on Blockscout โ anyone can read it
- โ Your RIGS come back when you unstake โ the code is there for anyone to verify
- โ Approvals are scoped to RIGS only โ can't touch your other NFTs or ETH
- โ The art is 100% onchain โ can't be changed or deleted by anyone, including us
- โ We published the bot audit โ transparency even when it's uncomfortable
- โ ๏ธ Crypto has risks. Prices go up and down. Never spend more than you can afford to lose. We're building something real but we can't promise what the market will do.
READY?