Black Swan Pass
The CDS of crypto. Just like credit default swaps bet against the housing bubble, Black Swan Pass bets on crypto's inevitable crashes. When the market collapses and $404 burns, you get paid.
Positioned for the "something went wrong"
Crypto thrives on hopium — endless pumps and moonshots. But black swan events are inevitable. Flash dumps, macro shocks, chain failures. They always come.
Black Swan Pass is your ticket to those moments. When $404's crash-burn feature activates, pass holders get airdropped $404 tokens from the 12.5% rewards reserve. No fluff. No fake utility. Just positioned for the crash that always comes.
Three steps
Market crashes
A black swan trigger fires — BTC/ETH down 35%+, altcoin wipeout, or a major global event. Automated via Chainlink.
$404 burns
7% of the crash burn reserve is permanently destroyed. Supply goes down. On-chain, verifiable, irreversible.
Pass holders get paid
$404 tokens from the rewards reserve are airdropped to all Black Swan Pass holders, distributed pro-rata via on-chain claims.
Specs
Name
Total Supply
Chain
Standard
Max Per Wallet
Mint Price
Windows
Each mint window is open for 24 hours. After closing, minting locks for 404 hours (~16.8 days) before the next window opens.
| Window | Opens (AEST) | Opens (UTC) |
|---|---|---|
|
1 — Reserve holders Free mint |
Sat 4 Apr · 4:04 PM | Sat 4 Apr · 6:04 AM |
|
2 — Public mint 0.0404 ETH |
Sun 5 Apr · 4:04 PM | Sun 5 Apr · 6:04 AM |
| — 404-hour lock — | ||
| 3 — Public mint | Thu 23 Apr · 12:04 PM | Thu 23 Apr · 2:04 AM |
| — 404-hour lock — | ||
| 4 — Public mint | Mon 11 May · 8:04 AM | Sun 10 May · 10:04 PM |
| — 404-hour lock — | ||
| 5 — Public mint | Fri 29 May · 4:04 AM | Thu 28 May · 6:04 PM |
| — 404-hour lock — | ||
| 6 — Public mint | Tue 16 Jun · 12:04 AM | Mon 15 Jun · 2:04 PM |
Pattern continues until all 404 Passes are minted.
One collection. Forever.
No new mints after all 404 are distributed. Black Swan Pass holders get lifetime access across all relaunches. When the network resets every 4.4 years, your Pass carries over. Rewards reserve stays fixed at 12.5%. The pass is permanent.
Black Swan Pass is a meme/utility NFT — not an investment or derivative. No guarantees on burn frequency or airdrop size (market-driven). Crash-burns, airdrops, and rewards are community-driven and transparent but depend on events and decisions. Burns reduce supply and rewards distribute tokens but neither guarantees price appreciation. DYOR. NFA.