The Notables collection will drop 5 cards every week in a two-phased process where only whitelisted addresses will be able to collect cards. The Pepe Inc. will conduct a lottery to assign allowlist spots for each of the 5 cards, based on the ownership of any Notable Pepes (as opposed to Pepe Checks exclusively).
- 80% of the card's supply will be open for sale in this phase.
- There will be an allowlist consisting of a number of spots equal to 1.3 times the card units for sale.
- The spots will be assigned through a lottery between the 237,869 Pepe Checks, as well as all Notable Pepe holdings (snapshot is taken every Saturday).
- One single address / owner can win more than one spot in the allowlist, depending on how many winning Pepe Checks and/or Notable Pepes they own.
- For Series 2, we are planning to allocate 10% of the available supply from each drop to a second AL1 raffle for full set Series 1 holders. For example, on a 100 issuance card, 80 supply is available via the drop, which means 8 AL1 spots get raffled amongst the 25-30 full set holders.
- If there is no sellout in Phase1, then Phase2 will become available, and any unsold units from Phase1 are put up for sale in Phase2.
- There will be an allowlist consisting of a number of spots equal to 4 times the card units for sale.
- The spots will be assigned through a lottery between the 237,869 Pepe Checks as well as all Notable Pepe holdings (snapshot is taken every Saturday). Phase 1 winners are excluded from this lottery.
- Each winning Pepe Checks and/or Notable Pepe gives its owner the right to purchase one unit of a card.
- Once Phase2 is open, collectors will be able to purchase on a first-come first-serve basis.
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