The Elixir Wizards have arrived

Discover the complete guide to Flasks and Wizards NFTs, two unique assets that offer distinct functionalities within our ecosystem. In this post, you’ll find detailed insights into how each NFT works, how to acquire them, and how to maximize your benefits.

Get to Know Our Flasks and Wizards

Our NFT collections, Flasks and Wizards, are foundational assets within our platform, each offering unique utility and value. Below, we’ll walk you through each type, its usage, and how they contribute to your investment potential.

What Are Flasks?

Flasks are our first NFT collection, primarily used for participating in IDOs (Initial DEX Offerings) within our launchpad. They serve as access keys for specific investment opportunities, providing users with entry into token sales that would otherwise require an investor role.


How Do Flasks Work?

  • One-Time Use with Burn Mechanism: Originally, Flasks could be used repeatedly, but under our new system, each Flask will be burned upon use. This means that after using a Flask in an IDO, it will disappear, and you will need another Flask for future investments.
  • IDO Participation: Flasks grant you access to IDOs on the Elixir platform, making it possible to invest without needing a specific investor role

How to Obtain a Flask NFT

To acquire a Flask NFT, simply visit the following link: Flask Marketplace. Ensure you have an eligible wallet to purchase and store your Flask.

What Are Wizards?

Wizards are our latest NFT collection, designed to amplify your investment potential through investment boost multipliers. Unlike Flasks, Wizards provide you with a multiplier effect, increasing the amount you can invest based on the type and quantity of Wizards you own.

  • Investment Multiplier: The more Wizards you hold, the higher your investment limit in an IDO. For instance, one Wizard could allow you to invest a higher amount compared to a standard investment without a Wizard.
  • Types of Wizards:
  • Standard Wizards: Obtainable by burning three Flasks.
  • 1/1 Wizards: Unique, one-of-a-kind NFTs with distinctive designs that provide maximum multiplier boosts. These can be obtained by burning 10 Standard Wizards and submitting proof through our Discord support ticket system.

    The 1/1 Wizards are accumulating the magic of the rest of their teammates, when 100 Wizards have been mined or a month has passed the reveal will begin! Until then, you will have a magic envelope waiting to be opened.

How to Obtain a Wizard:

First go to the Wizards website and contact us through the “CLAIM MY WIZARD” button. When you have completed all the information and submitted it, just wait, our team will contact you through the message and guide you through the process every step of the way.

Disclaimer: Remember to complete this process before burning any of your Flasks as this may result in the loss of your NFTs.

Multiplier Boosts and How They Work

Wizards significantly increase your investment limit. Below is a breakdown of the multiplier levels available:

  • Multiplier x1.20
    Required Wizards
    : 1 Standard Wizard
    Description: Allows a 1.20x boost in your investment. For example, if your role-based limit is $100, this Wizard allows you to invest up to $120.
  • Multiplier x1.80
    Required Wizards
    : 5 Wizards
    Description: With five Wizards, your $100 investment limit increases to $180.
  • Multiplier x2.50
    Required
    : 1 Wizard 1:1
    Description: The 1:1 Wizard provides a 2.50x boost, increasing a $100 investment to $250.
  • Multiplier x3.00
    Required
    : 2 or more Wizard 1:1 units
    Description: With two or more 1:1 Wizards, you can achieve a multiplier of 3.00x, meaning a $100 limit increases to $300.

Key Differences Between Flasks and Wizards

Side-by-side comparison of Flask and Wizard features
  • Participation vs. Boost: Flasks allow IDO participation but do not affect the amount you can invest, while Wizards increase the investment cap.
  • One-Time vs. Unlimited Use: Flasks are burned after each use, reducing your inventory over time. Wizards, however, remain active indefinitely.
  • Investment Capacity: Flasks are limited by the number in your wallet, while Wizards can multiply your investment power based on the quantity and type you hold.

Tips and Best Practices

  • Always Double-Check Before Burning: Ensure all steps are followed correctly during Flask and Wizard transactions to avoid irreversible loss.
  • Join Our Community for Updates: Stay connected via our Discord to receive the latest announcements, support, and tips from our community.
  • Delivery of the Wizards: The delivery will take between 2 to 5 working days but once you have completed the process the team will confirm the delivery of the Wizards and update you with any news.