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N ov e m b e r 2 0 2 3

Talons
Season One

Primary Objectives 2

Benefits 2

Distribution 3

Timeline 4

FAQ 5
I. Primary Objectives
Talons is a rewards system created for community members in
the PROOF ecosystem designed to:

Empower
Empower
Recognize

Community Artists Loyalty


Community members can take Artists can offer smaller Through Talons, long-term
more control of the specific collections or distinct objects, community members are
value they receive from the and ensure they will end up with rewarded and acknowledged for
PROOF ecosystem. the right collectors. their support and dedication.

II. Benefits
Redeemable exclusively on the Talons Marketplace. Benefits
offered on the marketplace include:

Physical Goods

Art & Exhibition Access

Exclusive Experiences

Experimentation

Allow Lists

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III. Distribution
Talons will be distributed to community members via two

time-based methods:

Retroactive Allocation
For PROOF assets in ANY wallets connected to
your PROOF Profile, a retroactive allocation based PROOF Collective 38 /day
on historical hold time will be distributed for all
assets held at least 24 hours. (Assets include- Moonbirds 38 /day
PROOF Collective Pass and Moonbirds).

Whether or not a community member has cycled Mythics None


through different assets or communities, as long as
they currently hold at least one PROOF asset, they
will receive all retroactive Talons for each full day
that they owned the asset.

Ongoing Accrual
Moving forward, an ongoing accrual system
distributes Talons at the rates listed below to PROOF Collective 75 /day
community members daily based on the current
PROOF assets they hold in any wallet linked to Moonbirds 75 /day
their profile on PROOF.xyz

Mythics 15 /day

Talons | Season One 3


IV. Timeline
The first season of the Talons program will roll out with the
following timeline:

November 2023

22 Talons Mechanics Paper Released



Nov Historical snapshot taken. Daily accrual begins.

28 Talons Balances Live on PROOF.xyz profiles.


Nov
2023

December 2023

5 First Beta Drop (One 48-hr Auction)


Dec

Talons Marketplace Opens for Viewing

Dec
Before December 31

January 2024

9 Marketplace LIVE for Bidding + Purchasing



Jan First wave of products.

16 Talons Tuesday (New items on Talons Marketplace)


2024

Jan

23 Talons Tuesday (New items on Talons Marketplace)


Jan

30 Talons Tuesday (New items on Talons Marketplace)


Jan

Note: There may be other drops in addition to the dates above.

Talons Season 2 to be announced at a later date

Talons | Season One 4


V. FAQ
Is Talons an ERC-20 token? Will there be an I held a PROOF Asset, but sold it. Am I still
ERC-20 token in the future? eligible to receive Talons for the time I held

that asset?
This iteration of Talons is NOT an ERC-20 token.
While we have explored that possibility in depth, There are no penalties for broken “streaks”. This
until there is better guidance/clarity from the is not nesting. Whether members have cycled
SEC we do not plan to release one. through different assets or communities, as long
as you currently hold at least one eligible PROOF
asset, you will have access to all retroactive
Can I trade / move tokens? Talons you are eligible for.
In this season, Talons are NOT transferable,
tradable or sellable.
If I connect a wallet that held a PROOF asset to
my profile at a later date, will I receive my
retroactive distribution?
I hold various PROOF Assets across multiple
wallets. How do I collect all my Talons? Yes! If you owned any PROOF asset at ANY time
you are eligible to receive your Talons. The only
Any wallet you connect to your profile on
requirement to receive your allocation and access
PROOF.xyz will automatically apply to your

the marketplace is that you currently hold at
Talons balance.
least one eligible PROOF asset, and have a
profile on PROOF.xyz

Talons | S e as o n One 5

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