- 16Founders
- 16Circles
- 10,000Membership NFTs
The Philosophy
Why Stillwater?
Still water runs deep. It does not hurry, does not announce itself, and does not need to.
The Stillwater Club was founded on a simple observation: the people most at ease with what they have are rarely the loudest in the room. They are patient. They think in decades rather than days. They let time do the work that haste cannot, and they keep their counsel until it is worth giving.
Here, membership is not a display. It is a seat at a long table in a quiet room — beside people who prefer a good question to a quick answer, and who find that composure is its own kind of confidence.
Calm
Decisions made unhurried, in good company.
Patience
Value that is allowed to grow, not chased.
Self-command
Restraint as a quiet form of strength.
The long view
Thinking in years and seasons, not hours.
Quiet confidence
Nothing to prove; much to share.
What you can rely on is the simplicity of how the club works: one clear mechanism, openly described. The returns that mechanism produces will vary over time.
How It Works
The Principle
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I
Secondary royalties
Every resale of a membership NFT carries a royalty.
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II
The Reserve
Royalties flow into the club's Reserve and are invested.
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III
Yield for activated NFTs
Activated memberships receive a share of the yield.
Royalties from secondary-market trading of the collection are placed in the Reserve and invested. Members with an activated NFT receive a share of the yield those investments generate — a share of returns, not of the Reserve itself, and never a fixed amount.
How distributions work
Activation
A membership takes part in distributions once its holder activates it. Activation is a one-time action performed by the wallet that holds the NFT. If the NFT changes hands, the new holder activates it again.
Eligibility
An NFT is eligible for a distribution period if it is activated and held at the period's snapshot. NFTs that are not activated at the snapshot do not participate in that period.
Allocation
The yield generated by the Reserve during a period is divided equally among all eligible NFTs. The Reserve's principal stays invested; only the yield is distributed.
Payout
Distributions are paid to the holding wallet after each period closes. Amounts depend on trading volume and investment performance, and can be lower — or nil — in some periods.
The complete rules, including the snapshot schedule and period length, will be published alongside the contract.
The Founders & their Circles
The Sixteen
Sixteen founders, each presiding over a circle of 625 memberships. 16 × 625 = 10,000
Your Access
Check your place on the list
Enter your wallet address — no wallet connection is required.
Earn Your Invitation
Sixteen invitations
Each founder has extended a personal invitation. Answer all sixteen to earn a guaranteed (GTD) place at the mint. Invitations arrive in waves, so there is time to get to know every founder.
Questions
Asked quietly
What does activation mean?
Activation is a one-time action by the wallet that holds a membership NFT. It registers that NFT for distributions. An NFT that is not activated does not take part, and after a sale the new holder activates it again.
Where does the yield come from?
Royalties from secondary-market sales of the collection are placed in the Reserve and invested. The yield is what those investments generate. Its size depends on trading volume and investment performance, so it changes from period to period and is not guaranteed.
When does a member receive a share?
An NFT that is activated and held at a period's snapshot is eligible for that period. Once the period closes, its yield is divided equally among eligible NFTs and paid to the holding wallets.
What is GTD?
GTD means guaranteed: a GTD wallet can mint its allocation during the GTD window regardless of demand. The guarantee is valid only within that window. After it closes, the wallet may still mint in later phases, but without the guarantee. FCFS (first come, first served) wallets mint in order of arrival while supply lasts.
How do the circles work?
The 10,000 memberships are divided into sixteen circles of 625, one presided over by each founder. Your circle is the founder whose company you keep — the people they would naturally invite to their table.
Do I need to connect my wallet to check access?
No. Paste your address into the access checker. You only connect a wallet when you mint.