These auctions are about to change how NFTs are launched
Launching soon on Binance Smart Chain, SuperSolids are 5 NFTs that have a unique launch mechanism built in from the very beginning.
There are only 5 perfect platonic solids, so to launch them as collectible, tradable and auctionable ERC721 NFTs makes a lot of sense by itself. The chance to own one, or more of the tokens will soon become a reality for anyone with some of the cryptocurrency BNB, Metamask , and a connection to the Binance Smart Chain.
So, what’s different about this launch mechanism?
When each token goes on sale it starts with a base price. Whenever a token is sold, it automatically goes on sale again with an increase in price by 30%.
- 115% goes to the previous token owner.
- 5% goes to the team for development and marketing.
- 5% goes into a “token holder fund” which becomes available to the token holder when there has been no sale for 4 hours.
- 5% goes to the referrer. For details on how to participate in the referral system, check here. If there is no referrer, the 5% also goes into the token holder fund.
Addition of FOMO with holders fund
- Following each sale, the price begins to fall over a period of 4 hours.
- Subsequent sales increase the price again and reset the timer.
- When the price reaches it’s base, the token owner can collect the holder fund and the token is officially “launched”.
Because the holder fund will exceed the base price, a FOMO effect will occur and drive prices even further.
Ultimately the token holder will collect a significant fund, but also become the proud owner of one of only 5 tokens available.
When is the launch date?
The Open Beta starts on Saturday 15th May at 17:00 UTC and ends when the tokens are claimed.
Then the live contract will be started with a countdown, so stay tuned:
How do I stay tuned?
Join our discord server here.
Join our telegram group here.
Follow @SuperSolids on Twitter.
