Coin Exchange NFT
Issuance Protocol: ERC-721 Total Supply Cap: TBD
Definition: In the ArcX game, holding a Coin Exchange NFT allows one to become an official authorized dealer. Purchasing game coins through a Coin Exchange NFT will be the primary choice for most players.
NFT Attributes
Attribute | Description |
---|---|
Level | Represents the NFT level. When a holder uses the NFT's sales function in the game to start selling game coins, they earn 1 NFT experience point for every minute of operation. When the NFT experience reaches a certain level, it can be upgraded using AXC, up to a maximum of level 50. |
Discount | Each Coin Exchange NFT starts with a 30% discount rate. Upgrading the discount level with AXC increases the discount level, up to a maximum of level 50, not exceeding the NFT level, with a maximum discount rate of 50%. |
Coin Capacity | Each NFT starts with a coin storage space of 100 million game coins. Increasing the coin storage space allows for a higher maximum sale quantity per operation. The maximum level for coin storage space is 50, not exceeding the NFT level. Coins in the storage space are purchased and replenished by the NFT holder at a discounted price and cannot be withdrawn or consumed directly, only used for selling to other players during NFT operations. |
Durability | Each NFT has a fixed durability. Each minute of operation consumes 1 durability point. Durability cannot be upgraded. When durability reaches 0, the NFT cannot continue operating and needs to be repaired with AXC. |
NFT Functionality
Selling Game Coins Coin Exchange NFT holders can start or pause the sale of game coins in the game at any time. When operations are active, the NFT enters the sales queue, and other players can view coin sale information in the game Store and purchase them with USDT. When the NFT's coin balance is insufficient or its durability is exhausted, the sale ends automatically, and profits are settled.
Game Coin Sale Price The sale price of game coins is set freely by the NFT holder at the start of the sale and cannot be modified during operations.
Replenishing Game Coins Each successful sale of game coins reduces the coin balance in the storage space. NFT holders need to purchase replenishments to continue selling.
Operating Tax When the NFT starts operations and earns USDT income, an operating tax must be paid. The initial operating tax is 10% of revenue. The tax rate can be reduced by inviting friends.
Each successful invitation of a friend to join as a Web3 Club member reduces the operating tax by 0.5%; that is, when 20 friends join the Web3 Club, the tax will be 0%.
Note: When friends who have been successfully bound purchase game coins, the Coin Exchange NFT in operation will be defaulted as the referrer.
Advertising Functionality Dealers holding Coin Exchange NFTs can activate paid advertising through the NFT interface during operations.
Advertising Budget The advertising budget is a fixed fee set freely by the NFT holder. During the advertising period, the fee is deducted for each successful transaction. If there are no transactions, no fee is deducted, and any unused advertising budget at the end of operations is refunded in full.
Advertising Effectiveness The higher the advertising budget, the greater the chance of the NFT being discovered by other players in the Store during operations.
Exposure Opportunities The exposure probability of the NFT in the Store is mainly composed of the advertising fee and the current duration of operations.
The higher the advertising budget, the greater the exposure opportunity.
The longer the operating time, the greater the exposure opportunity.
Even without advertising, there is still exposure opportunity. It is recommended to restore NFT durability before each operation.
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