BlockBurger / Cynova FAQ's

We appreciate this is a pretty exhaustive list of FAQ's, but all information here is important and essential.

Why have we changed direction?

We have changed direction because we simply didn’t have a choice. We changed direction to allow us to continue, rather than giving up.

Continuing with things how they were would only end in disaster.

The products we spent a huge amount of time and money building didn’t go as planned in terms of generating revenue. In addition, continuing with the film series and the comic is achievable but only when we have a huge community and hundreds of thousands (ideally $1+ million) of spare funds available – the main issue being it doesn’t/won’t generate revenue for a long time.

We are actively applying for grants/hackathons etc. and after discussions with investors it seems they aren’t interested in investing in a film series/comic right now. They are more interested in investing in tech, and we will continue perusing investment for Builderz in the future.

So Cynova will be put on pause – not forgotten. We will continue with Cynova once we have the resources and time available.

The upcoming changes won’t effect Builderz/Blockz or Guudies.

What is happening with the profit share to holders from Builderz/Guudies?

Cynova holders won't get profit share from Builderz and Guudies, but this will be revisited in the future.

What is happening with NOVAX?

Currently, we have no utility or benefits for NOVAX aside from raffles. The use case is still being discussed. We need some time to establish what will be the best usage for it further down the line.

What is happening to the other sub collections?

Lootboxes – these had not yet been launched. This involves a fair amount of development work and time, in addition to all the other work that comes along with this. This will be on pause for the foreseeable future.

Cynova Chalice – burned in exchange for BlockBurger NFT’s

Cynova Anthem – burned in exchange for BlockBurger NFT’s

NovaKey / Legacy’s – Fused Legacy’s will qualify for a free BlockBurger mint.

Genesis – Genesis NFT’s will qualify for a free 1 of 1 BlockBurger NFT.

2D vs 3D – this has no impact on the BlockBurger collection, but you need to have upgraded to 3D to fuse your NovaKey. One fused, your Legacy will qualify for a free Blockburger mint.

Rarity – this is a totally separate collection, and the rarity will not match. We will be re launching the Legacy collection later and with new art - so your current Legacy rarity will still apply but in the future. Your Legacy grants you a free mint, this will be a mint at random like mints usually are.

We will be launching a BlockBurger PFP collection that will be a larger supply of 10,000.

Genesis and Legacy holders will receive free BlockBurger NFT’s. Anthems, chalices etc. can be burned in exchange for NFT’s.

It will look something like this:

10x Chalice = 1x BlockBurger NFT

2x Anthem = 1x BlockBurger NFT

1x Legacy = 1x BlockBurger NFT

1x Genesis = 1x 1 of 1 BlockBurger NFT

This equals approximately 5555 NFT’s that are allocated free for holders. The remaining will be minted at a TBD cost.

When will the BlockBurger NFT collection be launching?

This is dependent on a variety of factors. We will not be launching the collection until there is substantial hype. We will be working as we can to create it. The other thing is we have no exact time of how long the art will take, that is hard too predict. As an estimate, we are looking at 1-2 months.

What is the status of the current Builderz tools, are they generative revenue?

B-Pay: working with projects using the software. Not generating revenue as they are holding BLOCKZ and using it for free.

Builderz Tool Suite: working with projects using the software. Part of the tool suite is not generating revenue, but it is accessible by holding BLOCKZ. We are generating revenue from the royalty repayments, but this is a tiny amount.

What is BlockBurger?

BlockBurger aims to be the first on-chain burger chain franchise. Think McDonalds but better burgers and on-chain.

How can you assure that what happened to Cynova won’t happen to BlockBurger?

Cynova was something totally new to me and the team, I had never launched a film series or run a studio before – likewise with the clothing, alcohol, software etc. This time round we are focusing on my strengths and on things I have been and done before. It’s impossible to guarantee that this or any business won’t fail. This new direction is far more attainable. Not only that, but our focus also going forward is narrow – we are not spreading ourselves too thin. Ensuring we make maximum progress on the main project in hand.

How does using blockchain benefit a burger franchise?

Using blockchain technology can benefit a burger franchise in several ways:

  1. Supply chain transparency: Blockchain allows for a transparent and secure record of all transactions in the supply chain, from the sourcing of ingredients to the delivery to the restaurants. This can help the BlockBurger to ensure the quality of its products and track any potential contamination.

  2. Customer engagement: BlockBurger can use blockchain to create a loyalty program that rewards customers for their purchases and provides them with valuable information about the food they are eating, such as its origin and ingredients.

  3. Streamlining processes: Blockchain can help to streamline various business processes, such as inventory management and payment processing, reducing the risk of fraud and increasing efficiency.

  4. Enhancing data security: With blockchain, all transactions are securely recorded and can be accessed only by authorized parties, reducing the risk of data breaches, and ensuring the privacy of customer information.

Overall, incorporating blockchain technology into a BlockBurger operations can improve transparency, customer engagement, efficiency, and data security.

Why is it better to use NFT’s for BlockBurger?

Increased brand engagement

NFTs can provide a new and innovative way for fans to interact with the brands. For BlockBurger, this creates more opportunities for engagement and loyalty.

Revenue generation

NFTs create a new stream of revenue for the franchise by offering unique, collectible items that have value to customers.

Marketing and promotion

Our NFT project can be used to create buzz and excitement around the brand, which can be leveraged for marketing and promotion purposes.

Digital transformation

NFTs are a part of the wider trend of digital transformation, and we strive to be at the forefront of blockchain innovation in the food industry – amongst many other benefits it allows us to be relevant and cutting-edge in the fast-changing world of technology and marketing.

What partnerships do we have from the start?

Working on:

- TikTok popup event

- Solana Hacker House/Breakpoint events

- Magic Eden events

We have a few influencers with a combined following of over 2 million already interested in collaborating on a limited-time burger at any pop-up events/in our restaurants.

In touch with various brands regarding long-term paid social advert partnerships.

What will happen to all the other businesses?

Guudies: Guudies will continue as planned and is not affected by this in anyway, that business is managed separately.

Builderz: Our devs have switched from working full time, to working on a per-project-basis. We will continue maintaining our current products and using our ambassador program to push our custom user generated content platform service. The BLOCKZ collection will continue as planned and can still be purchased and used for free or discounted access to our tools.

Cynova: Put on pause until further notice.

Saharis: Put on pause until further notice.

Azuris: Put on pause until further notice.

What about the art?

When we re-launch Cynova, an art upgrade will come along with this.

We are actively working on the artwork for the BlockBurger collection. This will be a PFP collection, and we will share some initial drafts soon. For the new collection, we would love for the community to be as involved as possible in the design and creative process.

What is the story or lore behind BlockBurger?

This will be shared over the coming week, along with the collection’s art updates.

How is BlockBurger going to generate revenue?

There are many ways in which BlockBurger will generate revenue, all of which I have “been there and done before”.

Short Term

Paid social ads

In collaboration with my personal accounts which have 2m followers,

(ÂŁ2.5k - ÂŁ10k per video)

Pop-up events

I will be doing a mini-UK tour for BlockBurger, hosting various pop-up events. In addition, we aim to have pop-ups at all major Solana events.

(Revenue from food/ticket sale)

Pay per view on TikTok

Once we reach 10k followers (already over 5.5k in 1-2 weeks) we will generate $ per view we get on our TikTok videos.

(Funds deposited monthly)

Paid for livestreams on TikTok

We can set up subscriptions on TikTok live for things such as cooking classes, in which the TikTok community would pay to watch/take part.

(Funds deposited monthly)

Medium Term

Once we have an established brand, we will be looking to open the first BlockBurger restaurant.

Aspiring franchise owners will be able to apply. The fee is undecided but typically ranges around ÂŁ60k, then we receive a % of their profits monthly in perpetuity.

Long Term

We will be using the tried and test McDonalds business model. We will be reinvesting a portion of profits to purchase land/buildings in which we aim to open a restaurant. We will then lease the commercial property to the new franchise own.

This means we will eventually receive the following:

1. Initial franchise fee

2. Building lease/rent payments

3. % of all profits from all franchises

What is the initial utility for BlockBurger NFT’s?

Profit share

This includes all profits generated from new franchise restaurants opening, monthly profits from each franchise, lease/rent payments from franchise restaurants, merch/product sales and more.

Please note these are some ways in which we will generate revenue. This is a profit share and not a revenue share. Meaning holders will receive a % of the company’s profits on quarterly basis.

Discounted franchise fee

Discount on fee to open a BlockBurger franchise restaurant.

Discount for holders

Discount at all BlockBurger restaurants for life.

Free burgers

Redeem a free burger every year on your birthday.

VIP Events

We have yet decided on the date of the first VIP event, but we plan to do this post-mint.

What will we do differently on the artwork this time around?

Branding/Colours – we are taking extra time, care, and attention to ensure our branding is consistent throughout the collection and that the collection is visually beautiful to the eye.

Style – the collection will be 2D. They will be characters, and yes, you will be able to see their faces. There will be a mixture of male and female characters.

PFP – we are ensuring that this collection is PFP optimised and provides all holders with a sick PFP that they love and can connect with.

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