At 12:00 PM on April 23rd(UTC), the next-generation game digital economy platform Cocos-BCX will officially start Heroes NFT Auctions. Auctions will be taken place in Treasureland NFT Market（https://treasureland.market/#/auction)and taken two days for bids on 4 Cocos-BCX Heroes NFT each day at 12:00 PM on April 23rd(UTC) and 12:00 PM on April 24th(UTC)(4 Heroes NFT*2=8 Heroes NFT in total). We appreciate everyone to join our auctions to win Heroes NFT. For the Heroes NFT you won from the bid, it could be used for Team NFT Mining on April 28th,and helped you to become Team Captain to receive more power.
COCOS Heroes NFT Auctions rules as below：
- Heroes NFT Auctions will be open for two days,first date is at 12:00 PM on April 23rd(UTC); second date is 12:00 PM on April 24th(UTC)
- Bidders should bid with BNB ,which is the only accepted currency;
- COCOS Heroes NFT only has 8,names of 8 heroes are listed as below:Evil hero, Elements hero, Chaos hero, Dark hero, Mask hero,Fate hero, Ashing hero,Icy Hero ;
- Bidders offered highest price will win the NFT;
- Each NFT auction will take 24 hours in a countdown way;
- When there is less than 1 hour on the countdown clock, a new bid will increase the countdown clock by 10 minutes while the countdown clock is capped at 1 hour;
- The starting bid price of each auctioned NFT is 1 BNB. If one bid was won, the next bidder needs to bid 110% of the previous bid price, of which 10% of the price difference, 20% of price difference is distributed to previous winning bidder, and 80% of price difference is distributed to the Auction System Reserve;
- One BSC address could win bids of multiple COCOS Heroes NFT,however,one BSC address can only be limited to be one COCOS Team Captain;
- Every team can only have one Heroes NFT,in this case, we will have 8 teams in total as we have 8 Heroes NFT in total;
- Each Heroes NFT has a nominal value of 5,000 COCOS, Heroes NFT won by auction will be decomposed into Tokens with nominal value in 1 year later.
Besides above, on April 28th,Cocos-BCX will officially start Team NFT Mining,one requirement for Team NFT Mining is to win one and limited to one Heroes NFT for each team,and then players will get chances to be a Team Captain.For any Team Captain, you would enjoy 20% of your team’s total power. So if anyone wants to be a Team Captain, then you need to participate in the Heroes NFT Auction and win a Heroes NFT to start.
Team Dividends Rewarding Rules
- All teams will have a monthly dividend of 120,000 COCOS to share;
- Users who hold COCOS NFT and COCOS can stake NFT and COCOS to participate in this rewarding.
- Dividends Rewarding Efficiency is calculated based on the user’s staked computing power, the higher the computing power is, the higher the proportion of dividends is.
- 1 COCOS = 1 Power
- NFT Power = COCOS Par Value * Mining Efficiency
- Penalty: If the staking time is less than one week, 10% of the claimed power will be deducted into the dividend pool.
- Each Team Captain enjoys 20% of the team’s total power (only users who hold the hero NFT can build a team) source of this kind of NFT: Evil hero, Elements hero, Chaos hero, Dark hero, Mask hero,Fate hero, Ashing hero,Icy Hero NFT)
- Heroes NFT can only be counting as team dividends, not staked dividends.
- When the Team Captain leaves the team (withdrawing the only Heroes NFT which created the team for staking), the Team Captain’s power will stop as along.
- After the Team Captain leaves the team, the team will no longer participate in the next round of dividends.
- If the Heroes NFT got sale or transferred, which will be identified as Team Captain leaves the team.
As there are only 8 Heroes NFT in total, each team can only and be limited to 1 Heroes NFT,one BSC address can form up only one team,so only 8 BSC addresses can be Team Captains’, other addresses could only join the team by Minting Weapons NFT,so please follow rules below for taking participation in Minting and Staking Weapons NFT, join your team and win your COCOS.
NFT Minting and Mining Rules：
- Minting(also called casting) of NFT needs to consume 1 COCOS on BSC chain and pledge a certain amount of COCOS as the nominal value of NFT
- Since the Minting(also called casting) of NFT, the pledged COCOS can be decomposed into the same quantity of COCOS after 30 days
- Minting grade will be selected randomly: LV1-LV6
- The specific types, grades and nominal values of casting NFTs are as follows:
- The BNB handling fee is generated during the NFT mining and Minting(also called casting) process .This fee is charged by the BSC chain and has nothing to do with Cocos-BCX.
- The minted NFT nominal value will affect the computing power and ultimately affect the income generated by mining;
- Minting COCOS NFT Tutorial：https://link.medium.com/25WiXaURCfb
If you have any concerns in COCOS NFT Auction/Stake/Team up/Dividend, please discuss and consult in groups below:
Bananatok:https://0.plus/#/CocosBCX（No VPN required）
- Telegram EN：https://t.me/cocosbcxen
- Telegram CN：https://t.me/CocosBCX
- Telegram Blockchain Games: https://t.me/COCOSBlockchainGames
- Telegram Vietnam：https://t.me/cocosbcxvietnam
- Telegram Russia: https://t.me/cocosbcxru
- Developer Document：https://cn-dev.cocosbcx.io/
- COCOS Bounty: https://bounty.cocosbcx.io/
- Cocos-BCX Blockchain Explorer：https://explorer.cocosbcx.io/