NFT Utility

How are the NFTs used to participate in the battles

Starting with 1,000 listed scripts, users will be able to purchase NFTs in packs of 3, Each Pack will be exchange-specific at US$25. Three Stock NFTs from that exchange will be randomly minted on chain and transferred to the buyer. These will be purchased using stablecoin $USDT

If a player does not want to “buy” an NFT but still wants to participate in the battle, he can do so by renting it from an NFT owner

The rental price for the NFT is determined by the owner of the NFT and is per battle. So if a user wants to use the rented NFT for both Health and Blood battles, he will have to pay separate rent for each type of battle to the NFT owner.

The NFT owner can list his purchased NFT to be “available for renting” and list a price that would be available on the dashboard for users to select

Note that multiple people can rent the same NFT to participate in a battle. This increases the monetization potential of the NFT owner

It is up to the NFT owner to devise the pricing strategy as the market demand will decide the popularity of the NFT and thus the price that they are willing to pay to rent it. Too high a price will deter users from renting it and too low a price will leave money on the table

If a user wants to rent an NFT again for the next day’s battle, he has to follow the same process again