ORCA Utility (VIP Membership NFTs)¶
ORCA NFTs are premium, non-transferable membership tokens designed for power users and long-term participants within the platform. ORCA memberships provide access to enhanced features, reduced fees, and exclusive experiences, while reinforcing sustained engagement and ecosystem alignment.
ORCA NFTs are issued in a fixed and capped supply to ensure scarcity and prevent uncontrolled membership inflation over time.
Supply & Structure¶
- Total Supply: 100,000 ORCA NFTs (fixed)
- Membership Model: Annual subscription
- Tier System: 10 tiers, 10,000 NFTs per tier
- Pricing (Annual):
- Tier 1: $10/year
- Tier 10: $100/year
- NFT Standard: ERC-721 (soulbound, non-transferable)
- Metadata: Stores membership tier and expiration timestamp on-chain
Each ORCA NFT represents an active membership for a defined period and automatically expires unless renewed.
Fee Benefits¶
ORCA membership provides reduced platform fees compared to non-members:
- Non-ORCA Members: flat 1.5% platform fee applied upfront
- ORCA Members: flat 0.5% platform fee applied upfront
Fees are designed to be transparent and enforced on-chain.
Access Control & Enforcement¶
All membership benefits are enforced through an on-chain access validation function that verifies:
- ORCA NFT ownership
- Membership tier
- Active (non-expired) status
Only wallets holding a valid ORCA NFT are permitted to access gated features, ensuring fair usage and preventing abuse.
Design Rationale¶
The tiered, annual membership model is designed to:
- Encourage long-term participation over short-term speculation
- Align user incentives with platform growth and sustainability
- Provide predictable, recurring value to engaged users
- Maintain exclusivity through capped supply and non-transferability
By combining scarcity, utility, and time-based access, ORCA NFTs function as a sustainable membership layer rather than a speculative asset.