AdEx NFT Charity Auction Mechanics

On 15 September 50 unique AdEx NFTs will be sold at auction and a third of the proceeds will go towards charity — as a socially responsible company, we love giving back and we’ve picked worthy causes to receive our donation.

We are auctioning 50 unique AdEx-themed digital artworks. Each digital image corresponds to a physical object: a hand-knitted toy of our mascot, Eddie the Moonicorn. Auction winners will have a choice of either only keeping the digital art, or providing a postal address or a PO box so that we can mail them the actual toy in addition to the digital image.

We have a special treat for all participants: there will be an Easter egg hidden in the metadata of one of the NFTs. The person who buys that particular item will receive $6,000 worth of ADX tokens!

How the auction works

The auction will start on September 15th at 16.00 (GMT + 3) on

1. The price for the first NFT will be 0.3 ETH.

2. Every subsequent sale will go up by 20% from the previous.

3. If there is no sale for 2 hours, the price will go down by the same amount it was increased by in the last step. That price will continue to decrease every two hours until it reaches 0.3 ETH or until there is a sale.

4. The sale will end when all 40 NFTs are sold.



To keep reading, please go to the original article at:
The AdEx Blog - Medium

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