on the Solana Blockchain
There will be a total of 10,000 NFTs.
We use Solana Chain for NFT minting.
Prices will be announced on the day of minting (equivalent to around USDT$150)
Out of the 10,000 NFTs, 1 will be the first prize (Prize money being 10% of the total minting NFT) and 20 will be consolation prizes
(Prize money being 1% of the total minting NFT).
Further, 10% of the total pool will be taken out each round (the 1st to 4th rounds) and will be the MegaBonus for the 5th round (1 NFT being jackpot).
All prizewinning NFTs will bear a logo. prize winners are required to send their prizewinning NFTs to our wallet address within 24hrs after minting has been closed. Upon our confirmation of the prizewinning NFTs, prize money will be sent directly to the wallet address from which the prizewinning NFTs are sent to us.
Prizewinning NFTs will be destroyed after prize money has been given out Please claim the prizes within 24 hours after minting has been closed. Prize money(Solana) will not be given out upon expiration of the 24 hours and will be accumulated for the next round.)
Minting will be opened for 9 hours only (all remaining NFTs will be destroyed after minting has been closed; if any prizewinning NFTs have not been drawn, the corresponding prize money will be accumulated for the next round).
In addition, 1% of the total pool will be used for charitable donation purpose we will review and announce selected charitable organizations in due course
Is this project real Does this have anything to do with Rug Pull
Answer: We hope that this project can be sustainable. We all have had experienced Rug Pull and understand how frustrated it can be. That is why we hope that genuine crypto currency investors could really have an opportunity to returns of 100 times, or even 1,000 times. In order to increase the transparency, prizewinning NFTs will be placed among the 10,000 NFTs in advance, and our minting system will be random. No one will be able to cheat. Besides, in order to prove the project legitimacy, we will announce contract addresses of all prizewinning NFTs of SOLSCAN and the corresponding prize money they receive from the pool within 48 hours after minting has been closed.
How many can be minted in the 1st roundAnswer: We do not set limit for minting in the 1st round, but we will set limit starting from the 2nd round. Please refer to Q&A4 for more details.
If the NFT I draw in the 1st round is not a prizewinning NFT, can it be sold on SolseaAnswer Yes.
If the NFT I mint in the 1st round is not a prizewinning NFT, does it mean that the NFT is worthless
Answer: We do not only aim at maximizing the value of prizewinning NFTs, but also endeavor to protect NFT holders.
First, investors holding NFTs will be able to mint more in each succeeding round of lottery than the whitelist that hold no NFT. This means that NFT holders will enjoy a higher chance of prizewinning. Second, minting price will be raised at each round. (1st round will be SOL tokens equivalent to around USDT$130, 2nd round will be SOL tokens equivalent to around USDT$156, 3rd round will be SOL tokens equivalent to around USDT$182…) Third, since the MegaBonus accumulated from the first four rounds will be given out in the 5th round, the chance of winning the MegaBonus will be highly leveraged by the number of NFTs one holds.
After completing the 5th round, will there be the 6th round and succeeding roundsAnswer: Yes there will be. Our Dev Team is in the course of developing the 6th round which might be treated as another new start. This means that the mint price for the 6th round will be the same as the 1st round, up until the 10th round. NFT holders for the 1st to 5th rounds will not only be qualified to participate in the 6th round, but will also be qualified to prizewinning from a separate pool designated for NFT holders for the 1st to 5th rounds. Details will be announced in due course.
Only 40% of the pool will be given out as prize money. Where does the remaining 60% go
Answer:
20% marketing 1% charity
2% future marketing reserve
27% dev team (graphic designer, programmer, admin, coordinator) + seed phrase investors.
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