The logistic map is used to set the number of NFTs in each Series of Password Chaos:

x_{n+1} = x_{n} * r_{n} * (1 - x_{n})

The growth rate, r_{n}, changes with each Series release, depending on fast the previous series sells out.

The number of NFTs issued in each Series of Password Chaos depends on two things:

- The number of NFTs in the previous series
- The time it takes for the previous series to sell out

What happens when you change these parameters?

Number of NFTs minted in Series 1: 30

Days for Series 1 to sell out: 4.767

Days for Series 2 to sell out: 1

Series (n) | # of NFTs | X_{n} | Days to Sell Out | Weeks Remaining (r_{n}) |
---|---|---|---|---|

1 | 30 | 0.03 | 4.767 | 3.903 |

2 | 114 | 0.114 | 1 | 3.903 |

3 | 394 | 0.394 | ?? | ?? |

How we calculate the # of NFTs in Series 2

x_{2} = x_{1} * r_{1} * (1 - x_{1})

0.114 = 0.03 * 3.903 * (1 - 0.03)

0.114 * 1000 = 114

How we calculate the # of NFTs in Series 3

x_{3} = x_{2} * r_{2} * (1 - x_{2})

0.394 = 0.114 * 3.903 * (1 - 0.114)

0.394 * 1000 = 394

During Series 1, the cost of an NFT will decrease at a linear rate. In the future, new models will be tested. Got any experiments you want to try?

Series 2 sale opened on Sat Dec 18 2021 at 23:26:00 GMT+0000 (Coordinated Universal Time).

There will be 94 NFTs minted in Series 2.

Every hour, the selling price of 1 NFT will decrease by 0.125 ADA.

Elapsed Hours: 0

Elapsed Days: 0

On Sun Jan 23 2022 at 06:32:29 GMT+0000 (Coordinated Universal Time)

the price of 1 Password Chaos NFT will be 100 ADA.

With each successive Series, some trained models will be popular and others will disappear. This playful data provides a sandbox for more impactful projects.

As Password Chaos grows, it will provide space for experiments in DAO management, identity solutions, and deeper community understanding of DeFi concepts that bring utility to the system.

We'll revise this page at the completion of each Series to show what happened and share what's next.

Read PaperPool / Pop. | "terrain" | "ocg" | "lava" | "takashi" | "lava-forcefield" | "mik" | Total |
---|---|---|---|---|---|---|---|

Series 1 Pool | 18 | 18 | 18 | 18 | 18 | N/A | 90 |

Series 1 Minted | 5 | 12 | 2 | 7 | 4 | 0 | 30 |

Series 2 Pool | 26 | 63 | 10 | 37 | 21 | 31 | 188 |

Series 2 Minted | ? | ? | ? | ? | ? | ? | 94 |