NaMo NFT Collection Supply, Structure and Justification

In the heart of our collection, the NaMo NFTs, lie five layers. Each layer constitutes an integral element of the overall design, with the respective layers hosting 28, 11, 12, 12, and 10 elements. Given these numbers, the maximum possible unique combinations total to 443,520. However, we chose to only mint 400,000 NFTs. This design choice is backed by principles of statistics and normal distributions, aiming to reduce the chances of duplicates, thus preserving the uniqueness and desirability of each NFT in our collection.

When compared to other political NFT collections, such as the Trump Digital Trading Cards, which had a supply of 44,000, our collection might appear large. However, this size is necessary considering the massive population of India and the immense popularity of Prime Minister Narendra Modi. With India's population crossing 1.3 billion, a larger NFT collection offers a greater chance for participation across the nation's vast citizenry.

Further, the NaMo collection surpasses the Trump Digital Trading Cards not only in size but also in utility. The Trump cards value was mainly attributed to their uniqueness and association with the former president, with a speculative value proposition limited to the chance to own a digital asset associated with Donald Trump. In contrast, the NaMo NFTs offer a much broader utility. Owners not only get a unique digital asset connected to Narendra Modi but also acquire voting rights in a DAO, share in revenue from the merchandise marketplace, and quarterly returns from investment funds.

Furthermore, the Trump Digital Trading Cards offered a competition to win unique prizes, while the NaMo NFTs offer a predictable and sustainable passive income model, making them a more appealing and secure investment.

The design and strategy of the NaMo NFTs align with India's vast demographics and the public's adoration for Prime Minister Modi. It serves as an excellent blend of art, technology, and politics, providing a platform for active political participation, all while giving a competitive return on investment to its holders. The NaMo NFT project is not just about owning a unique digital asset; it's about being part of a larger movement.

Structure and Design of the NaMo NFT Collection

In designing the NaMo NFT collection, we have incorporated five layers, each with varying numbers of elements. Specifically, the layers host 28, 11, 12, 12, and 10 elements. This distribution creates a potential for a maximum of 443,520 unique NFTs.

However, to enhance rarity and value, we have chosen to mint only 400,000 NFTs. By doing so, the statistical chance of minting duplicate NFTs is significantly reduced. Let's see this in a simplified form:

Layer	Elements
1	28
2	11
3	12
4	12
5	10
Total Combinations	443,520
NFTs Minted	400,000

Why a Larger Collection? A Comparison with Trump Digital Trading Cards

With a supply of 44,000 NFTs, the Trump Digital Trading Cards collection may seem petite when compared to the 400,000 NFTs in the NaMo collection. But this scale is justified when we take into account the massive population of India and the profound popularity of Prime Minister Narendra Modi.

Given India's population surpasses 1.3 billion, a larger NFT collection provides an increased chance of participation for a vast number of citizens. This scale aligns with Arthaneeti's aim of promoting broader political participation.

Aspect	Trump Digital Trading Cards	NaMo NFT Collection
Total Supply	44,000	400,000
Minting Price	$99	$100
Country's Population	331 million (USA, 2022)	1.3 billion (India, 2022)
NFTs/1000 Citizens	0.13	0.31

Going Beyond Uniqueness - The Utility of the NaMo NFT Collection

In terms of utility, the NaMo NFT collection significantly surpasses other political NFT collections like the Trump Digital Trading Cards. While the latter found its value mainly from the uniqueness of the cards and their association with the former president, the NaMo NFTs offer an expansive array of benefits.

Holders of the NaMo NFTs not only own a unique digital asset linked to Prime Minister Narendra Modi, but they also acquire voting rights in a DAO, a share in revenue from a merchandise marketplace, and quarterly returns from real estate and private equity investment funds.

Therefore, the NaMo NFTs provide both a cultural symbol and an investment opportunity, making them an appealing and secure choice for potential buyers.

Utility	Trump Digital Trading Cards	NaMo NFT Collection
Uniqueness	✔️	✔️
DAO Voting Rights	❌	✔️
Share in Marketplace Revenue	❌	✔️
Quarterly Returns from Investment Funds	❌	✔️

Deeper into the Numbers: A Comprehensive Statistical Analysis

Let's delve into the details of our statistical analysis and understand why the decision to mint 400,000 NFTs from a potential 443,520 combinations improves the rarity and appeal of the NaMo NFTs.

The total number of unique combinations possible, given the number of elements in each layer, is calculated using the formula for the multiplication rule in statistics:

P(E) = n(E1) * n(E2) * n(E3) * n(E4) * n(E5)

Where E1, E2, E3, E4, E5 represent the number of elements in each respective layer. Thus,

P(E) = 28 * 11 * 12 * 12 * 10 = 443,520

However, to reduce the chances of having extremely similar NFTs, we decided to mint only 400,000 NFTs. Therefore, we have utilized approximately 90.19% of the total possible unique combinations (400,000/443,520).

This significantly reduces the likelihood of minting NFTs with similar traits. To provide context, if we were to mint all possible combinations, the odds of minting an NFT with similar traits would be higher because we're using up every single combination possible.

By minting only 400,000 NFTs, we maintain a buffer that increases the rarity and uniqueness of each NFT.

Total Unique Combinations	NFTs Minted	% Utilized
443,520	400,000	90.19%

Therefore, our decision to mint 400,000 NFTs instead of utilizing all possible combinations stems from a strategic consideration of statistics, normal distributions, and the overarching desire to provide a unique, high-value asset to our holders. This sizeable collection, while larger than comparable political NFT collections, is designed to cater to India's vast populace and the immense popularity of Prime Minister Narendra Modi, thereby providing a unique opportunity for a larger audience to participate in this exciting new space.