MEXC Will List NFT Index - POTATOZ and Launch the "Trade Mining" Session

Venus1100

Active Member
Apr 26, 2022
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www.mexc.com
To provide a better user experience and satisfy users’ trading demands, MEXC will list a new NFT Index, POTATOZ, in the Innovation Zone.

Details are as follows:

  • Project name: Potatoz
  • Token Ticker: POTATOZ
  • Trading Pair: POTATOZ/USDT
  • Trading Time: 2022-09-14 14:00 (UTC)
  • Spilt Ratio: 1:1,000,000 (1 NFT will be split into 1,000,000 NFT Index.)
Note: Prices may fluctuate greatly for projects listed in the Innovation Zone. Please be cautious of the risks.



To celebrate the listing of POTATOZ, a Trade Mining event exclusively for MEXC users will be launched with 10,000,000 POTATOZ up for grabs!

Event Period: 2022-09-14 16:00 - 2022-09-16 15:59 (UTC)

Join Now: >Web< >App<

Rules:

  • The total prize pool is distributed equally over each day of the event period.
  • Users can trade POTATOZ to share a daily prize pool of 5,000,000 POTATOZ in proportion to the total amount of POTATOZ traded for the day.
  • The daily effective trading volume will be calculated from 16:00:00 (UTC) to 15:59:59 (UTC) of the following day.
  • Rewards will be calculated on a daily basis and issued to the user's account on the following day at 08:00 (UTC).
Reward Allocation:

  • 2022-09-14 16:00 - 2022-09-15 15:59: Share from 50% (5,000,000 POTATOZ) of total prize pool
  • 2022-09-15 16:00 - 2022-09-16 15:59: Share from remaining 50% (5,000,000 POTATOZ) of total prize pool
Daily Reward Calculation:

Daily rewards for each user = (Each user's daily trading volume /daily trading volumes of all users) * daily prize pool



Please note:

  • Valid Trading Volume = Buys + Sells.
  • The maximum daily reward for each user is 250,000 POTATOZ.
  • Users can only share rewards when their comprehensive trading fee rate exceeds 0.08% (Individual Trading fee rate = Individual trading fees generated by trading POTATOZ/Individual trading volumes of POTATOZ)
  • This event is limited to master accounts, and not available for sub-accounts.
  • Valid Trading Volume will only be counted for trading volume accumulated with trading fees.
  • Market makers, API traders, and institutional accounts are unable to participate in this event.
  • MEXC reserves the right to disqualify users that are deemed to be wash trading, illegally bulk registered accounts, as well as trades that display attributes of self-dealing or market manipulation.
  • All participating users are deemed to participate voluntarily. This event does not constitute any investment advice.
  • MEXC reserves the right to interpret this event at our sole discretion.


Project Info

(This information is sourced from the internet. Strictly for references only.)


Official Website: https://www.memeland.com/

Twitter: https://twitter.com/Memeland

Discord: http://discord.gg/memeland



Project Brief Introduction:

The Potatoz is affiliated with Memeland, and the development company behind it is 9GAG, which is an old GIF & MEME picture website. Currently, the NFTs launched by Memeland include “YOU THE REAL MVP” and “The Potatoz”.



How does the NFT Index work:

  • MEXC purchases the well-chosen NFT artworks, splits them into a certain number of portions, and then lists the corresponding NFT Index.
  • Users can get corresponding portions of NFT by trading the NFT Index.
  • If MEXC splits a total of 10 NFT artworks into a series of 10,000,000 portioned Index, users who purchase an amount of 1,000,000 units can contact MEXC every week to redeem a full NFT! The higher the rarity, the later the redemption.
  • MEXC will purchase a new NFT once a user exchanges a full NFT. The newly-purchased NFT will still be split at a ratio of 1:1,000,000.
  • The number of NFTs held by MEXC will be no more than 10% of the total number of the series of NFTs.
Note:

  • The NFT Index is only linked to NFTs and has no relationship with tokens issued by the project team.
  • MEXC only splits the purchased NFTs and does not involve any on-chain NFTs.
  • After the token airdrops are distributed for the NFTs you hold, we will airdrop tokens for you in equal proportions according to your holdings of the NFT Index.
  • MEXC will purchase and hold more Potatoz NFTs according to market demand. The addition of NFTs in the future will not be announced separately. Please keep a close eye on our NFT holding address:https://opensea.io/zh-CN/0x17090813320E4b84e3DE43A277601870d2A0E175


Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make the best efforts to choose high-quality NFTs, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading with no malicious intent. We are committed to providing users with safer, more efficient, and more reliable digital assets trading.