PIXEL PAPER


Pixel Packets: Democratizing Ownership and Building Community

Project Outline:

Pixel Packets is an innovative experiment in high-value asset fractionalization and community building. Each Packet represents a 1/333 share of ownership over Bitcoin Shroom #139 and contains a symbolic sprinkling of the magical pixel from The First Ordinal NFT Collection.

Bitcoin Shrooms TLDR:

Bitcoin Shrooms is a pioneering collection on Ordinals, starting with the historic inscription No. 19. The very first collection on this protocol, Bitcoin Shrooms comprises of 222 one-of-a-kind designs, each meticulously crafted to capture a unique piece of Bitcoin history or culture. Every shroom in this collection tells its own compelling story, making BitcoinShrooms not just a collection, but a vibrant narrative of the Bitcoin journey.

Project Goals:

Pixel Packets aims to democratize Shroom ownership, making it accessible to a wider audience. Our goal is to cultivate a community of ordinal enthusiasts who share our belief in the bright future of Bitcoin Shrooms and are willing to invest with a long-term view.

Join us in reshaping ownership and fostering a vibrant DAO community around Bitcoin Shroom #139. Together we’ll explore the possibilities of fractionalization and decentralized governance.

Project Guarantees: 

  • For every Pixel Packet you own, you will have a 1/333 share of Bitcoin Shroom #139 along with a 1/333 voting right to use on community proposals that are put forward.

Founder Guarantees: 

  • We will create an initial framework for the DAO. With safety, fairness and efficiency being our primary concerns.

  • We will continue to assist the community in working towards their goals and always act in its best interest. 

  • Whatever the community decides is what will happen.

Further Guarantees:

  • None 


Holder Profile:

First and foremost we’re looking for Bitcoin Shroom fans. People that love the collection and want to be a part of it.

We’re looking for people that share our belief in the bright future of the ordinal ecosystem and have a passion for BTC as a whole. 

Potential buyers should be joining this project with a mid to long term view. If you don’t believe in the vision of Pixel Packets and the future of Bitcoin Shrooms. This is probably not for you. 

We’re here for the long haul. If you are too, you’re the kind of Packet holder we want.

Roadmap:

1. One week prior to mint, Bitcoin Shroom #139 will be transferred from founder to multi-sig wallet with a combination of team members, well known founders and trusted Shroom holders as signatories.

2. Minting and Transfer: After minting, Bitcoin Shroom #139 will be securely transferred into a multisig wallet with community-elected members as signatories.

3. Community Governance: The future of the Shroom will be entrusted to the community, controlled through DAO proposals and votes. The community will have total control over the project and the Shroom’s future.

Potential Proposal Examples:

o   Sale of Shroom: Community decides to sell Shroom, realizing its BTC value, which is then distributed to the holders.

o   Creation of parent/child collection: Community creates a new collection based on the provenance of the Shroom and the art, think 2000 new little Padlock inspired Shrooms. All revenue distributed among holders.

o   Expansion of Collection: Release more packets for sale to grow the DAO treasury, adding more Shrooms or other assets.

o   Share Dilution: Expand the collection representative of the Shroom for current holders to realize some of the value from the growth in Shroom value.