HOW WE DO IT
"Debt as an asset"
Society uses paper money because of BELIEF in its value. In our banking system, money = debt. When a government sells bonds to its central bank, the bonds act as "IOUs" as a means to borrow/promise to repay. A bond has value because it is backed by debt. The GREAT COVID FRAUD and all other frauds by the globalist kabal are grotesque violations of society and are thus a severe debt to us all—and the notional value of that debt is what we commodify.
Karmic law via blockchain
Each misdeed (debt) by the tyrants driving the GREAT COVID FRAUD and all other frauds by the globalist kabal creates a notional reciprocal benefit for the bullied, byte by byte. Our project commodifies these unpaid debts to society. It's karmic law via blockchain. It's a soft "Nuremberg 2.0" via digital ledger. It's assassination by digitalization.
Synergized communities
We are a synergy of the freedom movement's calls for smaller government and the crypto community's calls for decentralization. Plus, we give back: 11% of all proceeds are donated to those financially affected by COVID small-business closures, fired due to vaccine mandates, or suffering from vaccine-induced injuries, etc. Proceeds also go to supporting the HEROES depicted in our COVID TRUSTs NFTS.
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Frequently Asked Questions
1. What exactly is BADPEEPS.net?
BADPEEPS.net is the only NFT & crypto project that commodifies the debts to society incurred by the globalist parasite kabal, such as in the GREAT COVID FRAUD and beyond. At the same time, the project also shines light on the heroes fighting back. The project was created by @jpr_investor, originally born in Ontario, Canada but based south of Tokyo, Japan since the 2000s. Kyle Kemper @kylejjkemper, esteemed crypto entrepreneur and a thought leader in the freedom movement, is an advisor to the project. We also operate under our parent organization: LIVE FREE Labs LLC, which creates and handles the initial frameworks for our expanding web3 ecosystems, while also bridging the divide into eventual decentralization. For our press release for official launch, please click here.
2. Why was BADPEEPS.net created?
In terms of the fraud known as "COVID-19," by Aug. 2021, our patience was wearing thin, and our frustrations were sky high. We knew this was a fraud from the start, but what took longer to realize was that it's all just a case of simple bullying. The best way to deal with bullies is to say: "Fine, go ahead. Bully us all. But know that bullying comes at a cost, and here is what that cost is. And you will pay it." Usually, this causes bullies to move to weaker prey. But in this case, they are not paying up, so, it thus becomes a debt—a debt to society. By Oct. 2021 and based on this premise, work on BADPEEPS.net officially started, with the first phase launched in Feb. 2022. The project started out originally as COVID BAD PEOPLE, due to being solely focused on the tyrants and their egregious activities. However, work soon began on the HEROES aspect, as it was deemed more dynamic of a structure to also highlight those leading the charge against the kabal as well.
3. What is the goal of the project?
For the tyrants portion of the project, which is about 75% of the project's entirety, the goal is to notionally capture the massive debts to society incurred by these parasitic centralized entities in driving the GREAT COVID FRAUD and beyond, so as to birth new light from the darkness—a light that we can all capitalize on collectively via cryptocurrency, decentralization, and community. The project can be thought of as an accountability project, in that, while we don't expect that the project will create enough pressure to make the globalist parasites take responsibility, whistleblow, or confess (we doubt that will actually happen anyways), it's an accountability that has tangible value to our community and it's an instrument that we can commodify for the benefit of everyone involved. For the HEROES aspect of the project, we aim to shine a light on the courage of those standing up to the globalists in the public forum, and because their activities are so vital and valuable, it wouldn't be right to leave them out of the project's scope.
4. How does the project work?
For the tyrants portion of the project, we function on the financial concept of "debt as an asset," which is the foundation of numerous securities/derivitives such as mortgage-backed securities (MBSs) and bonds, such as government bonds. All of these instruments of value are predicated on the concept that there is a debt that someone will repay, thus whoever owns that debt can expect to be paid or can expect to leverage that value. Enter the BADPEEPS.net project. We believe that the parasitic centralized entities driving the GREAT COVID FRAUD and beyond are incurring massive debts to society that are remaining unpaid. It is bullying, and bullying must come at a cost. Any cost not paid is a debt to society. Because debt equals an instrument of value, the BADPEEPS.net project commodifies this debt as an asset. The project imbues the notional value of these debts directly into our NFTs and into our future token via actual evidence of the debt described. In some sense, our COVID BOND NFTs are also similar to social policy bonds or social impact bonds.
5. When is your initial launch?
Our project consists of four initial phases, and as of this writing, we are now in the first phase. These phases are: 1) sequential launches of NFTs with practical utility/owner benefits; 2) go-live of a digital "LEDGER OF ACCOUNTABILITY," which catalogs evidence; 3) launch of our native crypto token; and 4) launch of a DAO. The first four stages provide a springboard into a planned, expansive ecosystem with long-term value, demand, utility, and tradeability. Please see our roadmap for other details.
6. What are the technical details of your NFTs?
Our NFTs are high-res PNG files and are hand-drawn, manually assembled, and pre-minted. The high resolution (2000 × 2737) of our NFTs allows for clear display on large mounted screens. We imagine one usage scenario for NFTs in the future to be on wall-mounted displays, as fine art. The NFTs are minted on the ERC-1155 token standard.
7. For the TYRANTS portion of the project, how exactly are these so-called "debts to society" commodified and built into the actual COVID BOND NFTs?
Complete aggregation of the evidence of the debt as described in each COVID BOND can be found on the "Evidence File/Details" page for each NFT, on our site. Our archives are a verifiable library of evidence of the destructiveness of the parasitic centralized entities involved in this fraud. This is in addition to the fuel provided by our incoming LEDGER OF ACCOUNTABILITY.
8. How many BADPEEPS.net NFTs are there?
As of MAY 2022, there are 18 NFTs (COVID BONDS) in multiples of 10, which equals 180 NFTs in total. However, our project will quickly evolve to 50, and then 100, and then eventually onward to up to 1,000 issuances, in total up to 10,000 individual NFTs or so. (We believe that the GREAT COVID FRAUD is basically being driven by about 1,000 perpetrators worldwide, and we will account for THEM ALL, with evidence.) For all of our initial series so far, they have been minted in multiples of 10, with three of each being locked up in our treasury. Therefore, there are ONLY seven of each of NFT currently available. This further increases the rarity and immutability. Please refer to our roadmap for other details.
9. How long do BADPEEPS.net NFTs last?
Forever. Any benefits attached to them also last forever (unless any one-time-use benefits are already used).
10. Who designs the BADPEEPS.net NFTs?
We operate with a small in-house team. As the project goes forward, we also hope to join hand-in-hand with other artists that support our mission so as to bring new creative perspectives and designs to our project.
11. Are all the NFTs designed the same?
We cannot say exactly what our future NFTs will look like, but we do have two ongoing themes: COVID BONDS, which repackage the debts to society incurred by the perpetrators of the GREAT COVID FRAUD and which commodify those debts as assets, and, conversely, COVID TRUSTS, which pay homage to the societal trust rebuilt by the major heroes that have been standing for freedom against COVID tyranny these last few years. In addition, we are also soon to launch COVID PARODIES, which aim to humorously & pleasantly rib and deride the centralized parasitic entities driving the GREAT COVID FRAUD and beyond.
12. Will the NFTs be sold on open marketplaces?
Yes, BADPEEPS.net NFTs are available via OpenSea. BADPEEPS.net NFTs are minted via the ERC-1155 token standard.
13. Which NFTs are 1 of 1 artwork?
We aim to make leveraging off these NFTs as widely available as possible while also balancing the need for rarity. So far, in our initial series, we have minted only 10 of each NFT, with three of each being locked up in our treasury. That leaves only seven available of each. As we are constantly evolving the project, the topic of multiples and rarity will be addressed on a case-by-case basis.
14. How can I buy a BADPEEPS.net NFT?
In order to buy a BADPEEPS.net NFT, you will need to conduct two important steps. First, you will need to purchase ETH from a cryptocurrency exchange such as Coinbase, Gemini, or Binance. Once you have completed that step, you will need to transfer your ETH into a non-custodial digital wallet such MetaMask, etc. Such wallets can connect to OpenSea and can allow you to purchase an NFT. How to do this can be easily found online. Please see helpful links from entrepreneur Gary Vee here and here.
15. Can I resell my BADPEEPS.net NFT?
Yes. BADPEEPS.net NFTs can be resold on NFT marketplaces such as OpenSea and Rarible, etc. If a BADPEEPS.net NFT is resold there will be a 10% royalty fee sent back to BADPEEPS.net. We donate 11% of all initial NFT sales and 11% of all NFT royalites to charities to support people that have been adversely financially affected by COVID small-business closures, that have lost their jobs due to vaccine mandates, or that have suffered from mRNA vaccine-induced injuries, etc. We also provide donations to those depicted in our COVID TRUST NFTs.
16. Can I merchandise my BADPEEPS.net NFT?
All BADPEEPS.net designs are, in effect, intellectual property owned by BADPEEPS.net; however, we do recognize that being able to merchandise or sell an actual BADPEEPS.net NFT design (ONLY if you are an NFT owner) is a major unlock that can fuel our future ecosystem. We refer to this as FULL COMMERCIALIZATION RIGHTS, and this benefit of usage is included in all NFT benefits of ownership. That means that you can brand anything or use the NFT image for anything that you want, including using it to MAKE MORE MONEY. Let the games begin!
17. What else do you have planned?
In addition to our COVID BOND NFTs, we have also launched COVID TRUST NFTs, which highlight the HEROES of the ongoing COVID saga. For these, there is obviously no debt to society incurred, but there is however, a whole lotta trust, which is valuable and well worth recognizing. COVID TRUST NFT owners can thereby own a piece of the goodwill embodied by these heros. Other valuable functions and benefits will be released as the project evolves. Meanwhile, subsequent series of our COVID BOND NFTs will include COVID bullies from specific areas such as Canada, Europe, AUS/NZ, other regions, mass media, celebrities, and others, to be decided. In addition, we are also soon to launch COVID PARODIES NFTs, which aim to humorously & pleasantly rib and deride the centralized parasitic entities driving the GREAT COVID FRAUD and beyond. We will make announcements as the project evolves forward.
18. How is all this decided??
At the moment, this is decided by our project team, with help from our advisors. However, NFT owners are already part of an inner circle that helps advise on the project, as leaders in the project in their own right. This is the precursor to our future DAO framework, and it's already showing how the combined brainpower of our community can fuel the project forward. And when our DAO formally comes online, DAO members can table and vote on various issues. One of our goals is a decentralized community that collectively administers to the project and that helps direct it in a way that holds the parasitic centralized entities accountable, that ensures that their debts to society are commodified to the furthest extent possible for the benefit of all users, and that puts financial power and the right to self determination back into the free peoples of the world. This is not "our" project. It's everyone's. However, in the beginning we must spearhead the project until a critical mass is reached. As such, we are aware that, at least in the beginning stages of current ROADMAPs, we are tasked with creating and directing our projects (i.e., we are centralized). We do not intend for that to be forever. As our ecosystem grows and as various DAO activities come online, that is when LIVE FREE Labs and any centralized role it plays can start to recede, with such roles hopefully being played by us and the community at large, until the need for a centralized existence is no longer present. Then, we simply become another community leader in tandem with other leaders. Think Linus Torvalds and Linux/open-source tech.
19. Is there a crypto token in development?
Yes, there is. Our token will be launched during 2023 (tentative) and will aim to inversely track and represent these notional but massive debts to society incurred by the parasitic centralized entities driving the GREAT COVID FRAUD, etc. The token will also act as the native token for our future DAO. In addition, we aim to be listed on coinmarketcap.com and coingecko.com by late 2023 (tenative). We also aim for launch on Binance. We have high aspirations. A full white paper is coming soon. Watch our social media for announcements. We are constantly evolving the project.
20. What are the specs of the token?
The blockchain of use is still undecided. Most likely it will be Ethereum-based. Some of the special features to be considered are: Whale mitigation mechanisms, supply control/burn programs/buybacks, airdrops, staking/pooling/farming programs, and various other incentivizations/innovations, all to be decided concretely as we go forward.
21. How does the token derive its value and how exactly will these so-called "debts to society" be commodified and built into the token?
As a first step, the token will be value pre-charged and inbued with the notional value of the debts to society incurred by the parasitic centralized entities by having the soon-to-launch LEDGER OF ACCOUNTABILITY be embedded directly into the token code, along with other various embedded mechanisms that are still to be decided. This is in addition to decisions on tokenomics, i.e., initial minting amount, burning/burn rates, treasury alottments, and other utilities to be decided. We will be locking up a percentage of tokens and giving that allottment and a percentage of all initial NFT sales to various charities, such as for people that have been adversely financially affected by COVID small-business closures, that have lost their jobs due to vaccine mandates, or that have suffered from mRNA vaccine-induced injuries, etc. We will also make donations to those depicted in our COVID TRUSTs NFTs. All details are to be decided concretely as we go forward.
22. What is "notional value"?
As defined and discussed by investopedia.com, "notional value" refers to how much total value an investment mechanism THEORETICALLY controls—for instance through derivatives contracts or DEBT OBLIGATIONS. This is converse to market value, which is simply the price of an investment mechanism right now that can be bought or sold on an exchange or through a broker. As the value imbued into the BADPEEPS.net project is a debt to society, it is thus notional. We know that it exists, we feel that it exists, and we can see that it exists, but the potentiality of the debt is too nebulous to quantify exactly. It is perhaps, however, astronomical.
23. What are your thoughts and philosophies regarding "community" as pertaining to this project?
Everybody talks about community, community, community, but actually, for this project, a large, active, and vibrant community is ESSENTIAL for its success. This project is not fly-by-night. For the long-term success of this project, a large community needs to exist and to be rewarded. This is the thinking behind the NFTs and their benefits. We want the community to not only resonate with our mission but also to know that they are winning by being aligned with it. Not only that, but realizing NFT ownership is one key to building this project's accountability and the value that it represents. This is part of why instant membership in the DAO and the 0.01 ETH reflection hold so much water. First of all, we are just a small team, with a couple advisors. We can't do everything that this project demands. It requires a community. Especially, when the actual cryptocurrency launches during 2023, there needs to be a user base in place. That user base needs to consist of NFT owners, supporters, and any other evangelists that we can rally beside us. It is always the early adopters that will win in this phase, and for that they should be rewarded. They are leaders on par with us. As we also aim for listing on Binance, a heavy user base is required. For this, we need to create a win-win scenario for everyone that has invested time/money/interest in the project from day 1.