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Ten Percent NFT
  • Welcome to TenPercent!
  • The Project
    • About Project
    • About Community
    • About NFT
  • 💰The Economy
    • Distribution
    • Price
    • Extra income
    • High-risk trading
    • Investing in NFT projects
  • 📈Additional mechanics
    • Mint
    • Activity Awards
    • Levels
    • Level up
      • Paid
      • Free
    • Burn
    • "For a rainy day"
    • Happy day
    • Balancing
  • ⚙️Contract Functions
    • Mint
  • 📊Report
    • Report Trades
    • Report NFT Project
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  1. Additional mechanics

Burn

PreviousFreeNext"For a rainy day"

Last updated 2 years ago

This mechanism was invented to balance and increase the demand for our NFTs

What happens when the NFT level is not raised successfully?

  • NFT receives a +1 Burn point, the maximum value is 5, when exceeding 5, the level and Burn are reset to 0

  • The NFT is sent to our special address (it will be publicly available we will write it so you can keep track of it)

  • Then depending on the market situation NFT data will either be held at this address or put on the secondary market

  • Placement on the secondary market is at an inflated price relative to the minimum price of this level

  • All profits from the sale will be sent to the contract for further

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distribution