𝔾𝕦𝕚𝕕𝕖𝕝𝕚𝕟𝕖𝕤 𝕗𝕠𝕣 𝕥𝕙𝕖 𝕦𝕡𝕔𝕠𝕞𝕚𝕟𝕘 𝕊𝕒𝕥 𝕄𝕒𝕘𝕚𝕔𝕚𝕒𝕟𝕤 𝕞𝕚𝕟𝕥 Sat Magicians is the first #Ordinals mint of its kind, pioneering the @Magisat_io Launchpad! Here's what you need to know if you're whitelisted: 1. There are no artist royalties, but minters bring their own rare sat and pay for their data to be inscribed on bitcoin. Keep around 25000sats (or 0.00025BTC) for each magician. 2. The following distribution is employed: •⁠ ⁠200 uncommons •⁠ ⁠200 black sats •⁠ ⁠200 palindromes (all flavours of palis) •⁠ ⁠200 bl9 450x •⁠ ⁠400 pizza •⁠ ⁠400 bl78 • 1733 common sats (a.k.a you don't need a rare sat) The above categories will get depleted on a first-come-first-served basis: If 200 minters choose to inscribe on uncommons, there will be no more Sat Magicians left to mint on uncommon sats. The same goes for all the other categories. You can speculate on rarities and the hidden 1/1 Magicians based on the distribution above (but no other information will be made available). 3. You don't have to go to (gas) war. If your transaction is submitted to the mempool (even with 1sat/vb), your magician is reserved, even if it takes days to confirm. The following scenarios can drop your transaction: - your transaction doesn't confirm in ~2 weeks and disappears from the Bitcoin mempool (highly unlikely given the current environment, even with 1sat/vb) - You buy a rare sat straight from the launchpad, then mint on it. If someone RBFs your rare sat buy, both transactions will be dropped. This is also unlikely, as the person sniping your rare sat has to cover the fees for both transactions (the buy tx and the mint tx). There's little incentive to do so, as the second transaction is consuming a significantly larger fee to put the data on Bitcoin. To avoid this completely: (i) buy the sat before the mint, or (ii) use higher fees for any of the two transactions 4. The collection will be visible on Magisat during the mint, but trading it will be disabled until the collection mints out. Right after the last Magician is inscribed, trading will be enabled, and you'll be able to access your magisat profile > inscriptions, and list your item (if your tx is confirmed). Buyers will be able to buy a Magician from here: Notifs on, and I'll tweet when trading starts 🔔 5. To get familiar with the launchpad, the multiform step in it, you can access more information here: -- this is also the page you can use to check if you're eligible 6. The whitelist is final. Magisat users who were active in August were also added. No further modifications will occur. Best of luck to everyone, and thank you for being with us in this historical launch! See you at 14:30UTC on 🫡