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Let’s break down the juicy mechanics – and show you how the Tournament Bank is gonna grow.
All Tournament Pixels are NFTs. The starting price of each Pixel is 1 PX. Every time it’s sold, the price doubles.
– 75% of the sale price goes to the previous owner – the PX is sent directly to their wallet
– 25% gets locked inside the NFT until the Tournament ends
That 25% is split like this:
– 10% → Tournament Bank
– 10% → Friends Rewards
– 5% → Burn
↑ This happens with every single sale.
Pixels with no previous owner (the early 1 PX Pixels) send the 75% split to the Bank and Burn.
– Not Pixel doesn’t take a cut at any point in this flow. No fees. Not a single token goes to the team.
– All rewards, in one form or another, go back to the community. It’s up to you to come up with the right strategy and outplay others to secure a prize.
– Not Pixel is contributing 1,000,000 PX to the Tournament Bank at launch
Each NFT transfer requires gas – that’s just how it works on TON blockchain. We don’t charge any extra fees on top of that.
The first Pixels (priced at 1 PX) require an extra 0.05 TON – to mint the NFT. At the end of the Tournament, this tokens will be withdrawn from all NFTs, used to buy PX from the market (Buyback), and burned
Since early buyers cover a small minting cost, the largest prize pool (by percentage) goes to the 512 players who bought the most Pixels at 1 PX. And if no one ends up buying your Pixels, you can still compete for the reward given to those who own the most Pixels at the end of the game
A small detail that shifts the strategy: 1% of the Prize Bank will be used to reward the owner of the most expensive Pixel at the end of the Tournament. Or owners. Yep... owners