Land NFT Subscription
Last updated
Last updated
The first Asian Land Sale in the series of five Grand Land Sales will feature TARI WORLD's unique subscription system. TARI token holders will have the opportunity to apply for Land NFT ownership rights through this system prior to the TARI WORLD Land Sale meeting.
The Land NFT subscription process will unfold as follows:
Snapshot Method
Pre-subscription applicants are gathered via Discord.
The wallet addresses of the pre-subscription applicants are compiled.
A set number of snapshots are taken within a defined period.
Subscription Lottery
On the subscription closing date, the probability of winning is calculated based on the total amount of TARI tokens held in each wallet at the time of each snapshot.
f(x): Probability (%) of wallet 'a' winning
x: Total TARI token holdings in wallet 'a'
y: Total TARI token holdings across all wallets
Land NFT Subscription Example
Users A, B, and C, who are pre-subscription applicants and TARI token holders, will have the following probabilities of winning:
- | Day 1 | Day 2 | Day 3 | Day 4 | Total | Odds of winning |
---|---|---|---|---|---|---|
The probability of User A winning, based on four snapshots from Day 1 to Day 4, is (A's TARI holdings during the snapshot period) / (Total TARI holdings in all wallets during the snapshot period) x 100(%).
Those who hold more TARI tokens for longer periods have a higher chance of winning.
If any Land NFT remains unallocated, the probabilities of the non-winning wallets are recalculated for a re-draw.
Winner Announcement
Successful subscribers will be able to collect their Land NFTs on the day of the subscription meeting, as guided on the announcement page.
Advantages of Land NFT Subscription
Multiple Participation Allowed
Even if one has multiple roles like OG and various Whitelists, if they are TARI token holders, they can proceed with the subscription.
Example: An OG role holder can participate in the OG session meeting and then also apply for the subscription without any restrictions.
Diversification of TARI Features
While retaining the traditional NFT sale methods, the introduction of a new subscription system mediated by $TARI has expanded the choices available to TARI WORLD users.
A
10
10
10
10
40
40/240 x 100 = 16.6%
B
20
20
20
20
80
80/240 x 100 = 33.3%
C
30
30
30
30
120
120/240 x 100 = 50.1%
총합
60
60
60
60
240
100%