Ownership Benefits
Last updated
Last updated
Keeping with our core values, the success of this project is entirely dependent on the support of our founding members. We have a great team, discipline, dedication, and the desire to produce your finest product. As a token of our gratitude, we will be giving back to TSP owners who share in our vision and have granted us the means to make it true. Each TSP owner will receive the following benefits:
Perpetual Appropriation
By becoming a sponsor of a TLNBS Grow Spot through the The Satellite Project Collection, you will receive your base plus tiered benefit in perpetuity. TLNBS will allow you to pick your cannabis at our location (if eligible according to New Mexico state guidelines) or you can choose to have us sell it through our distributor and we will disburse your appropriations value through crypto. Eventually, as laws become more favorable, we will adapt your benefits accordingly.
Potential Benefits over 5 Years at Base Appropriation:
1st Year: 1 Harvest (3.6 oz) x $100/oz = $360.00
2nd Year: 2 Harvests (7.2 oz) x $100/oz = $720.00
3rd Year: (Max Capacity) 4 Harvests (14.4 oz) x $100/oz = $1440.00
4th Year: (Max Capacity) 4 Harvests (14.4 oz) x $100/oz = $1440.00
5th Year: (Max Capacity) 4 Harvests (14.4 oz) x $100/oz = $1440.00
TOTAL: $5400.00
Upgrade NM MicroProducer License to 200 Plants In Q1 of 2024 (at the latest) we will apply for a simple extension to our license which will allow us to double our plant count from 100 to 200. Instead of minting more batches, we are going to reward those who believed in the project from the start and double their plant count.
Additionally, 10% of secondary trades of all TSP NFTs will be retained by The Loch Ness Botanical Society as royalty, 3% of which will be directly given to The Satellite Project Treasury. Royalties will not apply to appropriations, only to the sale of the NFT on a secondary marketplace. As a TSP owner, you will have access to the entire TLNBS ecosystem (discussed in our roadmap). Your NFT is a lifetime membership pass that will give you access to all the benefits discussed above at our Albuquerque, NM facility.
