[Eng ver] VNG18 Starverse – How to bid NFT SMT Avatars

29/08/2022 289

1. Overall information
 – Auction time: 10h00 (GMT+7) on August 31st – 12h00 (GMT+7) on September 6th.
 – Starting price of all NFT SMT Avatars: 300 STAR.
 – Winning conditions: Starter bid the highest at the time of auction.
 – Participants: all Starters participating in the VNG18 event.
2. How to participate in the bidding
Starters can access the Marketplace at the “YoVerse Market” tab at the bottom of the event page or directly at https://market.yoverse.io/. After logging in, Starter can freely explore the collection of VNG18 Avatar or VNG18 SMT. At the VNG18 SMT collection, Starter can bid to own any NFT in this collection according to the following notes:
– Starting price starts at 300 STAR.
– Each new bid offered by Starter must be at least 5% higher than the current highest bid (Minimum Bid Increment: 5%) to be considered valid.
– When Starter offers a price to bid (Place Bid), the number of STARs that Starter offers will be kept on the system.
       – If Starter offers a bid, his/her STARs will be deducted to pay for the transaction, at the same time the NFT is transferred to the Starter wallet.
       – If someone else bids higher (Outbid), this STAR will be returned to the wallet to Starter immediately.
       – NFT SMT is auctioned in timed auction format, so it will be sold to the person offering the highest price at the end of the auction.
– When any bid is set in the last 10 minutes before the end of the auction specified by the program (12h00 on September 6th), the auction time will be automatically extended by 10 minutes.
Starters can track the auction history in the “Bidding History” section with the auction history sorted in descending order of price and see the current highest bid in the “Highest Bid” section.
Successful auctions of SMT’s NFT will be donated to the account of the UpRace fund.
*Note: *Note: As this is an open auction for any Starter to participate, the Bidding Price will change continuously. Hence, to increase the probability of a successful auction, Starters should closely monitor and participate in the auction (Place Bid) at the SMT NFT Avatars.

3. How to use NFT SMT
After a successful auction and possession of one of the NFT SMTs, Starter can generate a (random) NFT Avatar containing the optional character using the following steps:
Step 1: Go to “My Wallet”, select NFT SMT and click the “Claim” button.
Step 2: Select the character you want to receive
Step 3: Confirm character selection. After successful confirmation, Starter will receive 01 SMT’s NFT and 01 new random NFT Avatar containing the letter/ number of their choice.
*Note:
– Starter can only choose the letter/ number ONCE and the process is irreversible.
– NFT SMT after receiving the character will have the name tag of the SMT on the NFT in the lower right corner (For example: Gary’s NFT SMT after receiving the character will have the name tag Gary). When auctioning SMT on YoVerse Market, Starter needs to pay attention to whether the NFT has a name tag or not to avoid buying an NFT SMT that has used the function of receiving characters.

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Guidelines

  1. How to join and link with YoVerse Wallet
  2. How to join Amazing Words
  3. How to join Amazing Race
  4. Bid NFT SMT Avatars
  5. YoVerse Market – How to use

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Contact information
To exchange information during the Starverse event, Starter can join the following Group:
 – Discord: https://discord.gg/WJ3V6jWfvV
Zalo: https://zalo.me/g/sooupq763 

In addition, Organizers will hold a livestream to answer questions directly at https://connect.vng.com.vn at 15h00 (GMT+7) on August 31, 2022. Please join us, Starter!