Decentral-art.en
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Rewards

240 rewards in each of 19 sessions

The goal of the whole activity is to put the painting together, which is equal to collecting all the pieces in one wallet - which gives the buyer final reward. The main prize includes also the original painting, which will be transfered to the owner of the wallet containing all 10 927 NFT

Minimum Main Prize

To calculate the minimum value of the main prize, taking into account the token prices and quantities in each of the 19 phases, let's first calculate the total value of the fees for all tokens:

scssCopy codetotal_fee = (0 * 0) + (1 * 0.001) + (1 * 0.0236) + (2 * 0.0382) + (3 * 0.05) + (5 * 0.0618) + (8 * 0.0786) + (13 * 0.1618) + (21 * 0.218) + (34 * 0.236) + (55 * 0.382) + (89 * 0.5) + (144 * 0.618) + (233 * 0.786) + (377 * 1.618) + (610 * 2.618) + (987 * 3.618) + (1579 * 4.236) + (2584 * 6.8723)

Substituting the values:

yamlCopy codetotal_fee = 0 + 0.001 + 0.0236 + 0.0764 + 0.15 + 0.309 + 0.6288 + 2.1034 + 4.578 + 8.024 + 21.01 + 44.5 + 88.992 + 183.198 + 609.986 + 1596.98 + 3571.746 + 6695.244 + 17751.9952

Summing up the values:

Copy codetotal_fee ≈ 28590.5732 ETH

Now, let's calculate the minimum value of the main prize:

makefileCopy codeminimal_main_goal_amount = total_fee * 100 / 225 = 28590.5732 * 100 / 225 ≈ 12707.3652 ETH

The minimum value of the main prize is thus approximately 12,707.3652 ETH, taking into account the token prices and quantities in each of the 19 phases.

Main Prize

Collecting 10,927 tokens in one wallet

  • the main prize is 59% of the amount of NFT tokens sold

  • 2.5% of the Secondary Trade fee is transferred to the Grand Prize Portfolio

  • we don't know the exact amount of the main prize, but we can estimate that the minimum amount is 9725 eth + 2.5% royalties

The winning prize will be given to the person’s wallet, who managed to collect all the parts of the painting.

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Last updated 2 years ago

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