> For the complete documentation index, see [llms.txt](https://gorillaecosystem.gitbook.io/gorilla-ecosystem-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://gorillaecosystem.gitbook.io/gorilla-ecosystem-docs/the-gorilla-ecosystem/gorilla-nfts.md).

# Gorilla NFT's

## Gorilla Liquidity NFT's

Gorilla Liquidity NFT's are NFT's that each receives 0.01% of the 1% tax for NFT's!

This means that there are exactly 100 of these ultra-rare, super valuable NFT's, which entitle you to a lifetime of passive income! All for the low cost of $1000 an NFT!

**Simplified Breakdown**

* 100 NFTS
* Each NFT is entitled to 0.01% of the transaction tax.
* A total of 1% per transaction is distributed evenly among the NFT holders
* You can own multiple NFT's
* Paid through weekly airdrops (owner of the NFT on every Saturday between 11:30pm EST 11:59pm EST will receive the airdrop in GLA token to the wallet address that holds the NFT. Make sure that the ETH wallet address holding the NFT is the same as your AVAX C chain address

## Important Info

* Nft's are created and will be available for purchase on Rarible.
* All NFT's have a 25% royalty, this royalty is deposited to Founder's wallet address, and is to be used for compensation of himself and other team members, as well as giveaways, contests, and partnerships with various projects.
* NFT holders will receive payment in Gorilla Token on the AVAX network. Please ensure your ETH address is the same as your AVAX address to prevent loss of funds. If you are using a Metamask wallet, you don't need to do anything, as the addresses are all the same regardless of the blockchain.

### Allocations Of Funds Raised From NFT sale

50% Charity --To be chosen by the community in a vote

30% To Founder to allow him to work full time on this project

10% to NFT artist&#x20;

10% For giveaways and marketing/development

### Why These Nft's were created

Gorilla tax NFT's were created for 3 main reasons

1. &#x20;**To reward the early believers in the project:** As this project grows, so will the daily trading volume and transacting volume. Out of the total trading and transacting value, 1% of every transaction is sent to the NFT tax wallet. From this wallet, for each NFT a user owns, they will receive (in airdrop)0.01% of the total amount of funds that are for NFT holders!&#x20;

   Let's not beat around the bush, the holders of these NFT's, are going to be set for life. So why is the protocol selling them for so cheap, and not just giving the tax fees to the team instead? Well, we want to reward the early believers of this project. The early believers who buy these NFT's will help raise a total of 100k USD for the project. This 100k goes a long way, as it allows us to market heavily, lets Founder work full time on the project, and gives us funds to do massive giveaways and contests!\
   &#x20;You can read more about this in the next reason, but since the buyers will be helping us raise $100,000, (and they believed in us) we think it's more than fair to give them, **you** a big juicy slice of the pie!   \
   Now you might think this is too good to be true, or that it is a scam, and I understand why you may think that, but I challenge you to think, is it a possibility, that Founder, the creator of the Gorilla Ecosystem is just a good person, and isn't greedy, and is willing to give out a portion of the pie, in order to grow the total size of the entire pie? &#x31;*% of all transaction volumes already go to the marketing and dev wallet, plus 25% of the token supply is for team members,  what do I need an additional 1% for? (I'm not building this project to get rich quick, I'm building it to build something that lasts for decades to come, and that will make, me, and you all, the investors, generational wealth!*
2. &#x20;**To help Founder, the creator, and the founder of the Gorilla Ecosystem, work full time on the project and make it the best it can be, without having to worry about money problems.** This reason is a little selfish but in all honesty it's necessary. I cant work full time on this project if I am not paid to do so. Why, because I need to have money to live, to buy food, have a roof over my head, etc. The portion of NFT sales that I receive, will provide me with enough money to be able to work full time on the Gorilla Ecosystem, without having to try and work other jobs, at the same time, that take my attention away from the Gorilla Ecosystem. (I receive 30% of the  NFT funding)

The holders of the Gorilla Tax NFT's will get .01% of the total revenue from the NFT transactions.

Weekly payouts occur every Sunday. The owner of the NFT every Saturday, between 11:30pm EST -11:59pm EST is entitled to receive the previous week's rewards. This means you can sell the NFT at or after 12:00am EST, and still receive the rewards.
