Prime crypto change OKX has launched World Cup NFTs, the place contributors stand to win nice prizes. The initiative goals to capitalize on the World Cup craze as soccer takes heart stage for the subsequent month.
The NFTs are a part of the OKX Soccer Cup. The event permits contributors to mint their favourite groups’ NFTs and have fun their success by profitable pool prizes.
There are over $2.3 million in prizes to be gained, in keeping with the corporate web site. All one must do to have a shot on the pool prizes is stake ETH and mint the World Cup NFTs at no cost. Nevertheless, this can change as soon as the group phases are over initially of December.
You’ll be able to mint as much as 3 staff NFTs by staking 0.01 ETH for every mint. To make the primary mint, go to the OKX NFTs web page and navigate to the OKX Soccer Cup. For the opposite two mints, you will have to make use of the OKX App. Nevertheless, there may be an possibility to make use of the app to mint all three NFTs without delay, thus saving on fuel charges.
Alternatively, you should buy the NFTs on the OKX NFT market.
How The OKX World Cup NFTs Work
The problem lies in predicting winners within the group stage, knockout rounds, and third place. The winners will get an opportunity to redeem their NFTs after the event ends on December 18.
For the group phases, every match affords a hard and fast pool prize of 20,000 USDT. For each NFT minted, OKX provides 10 USDT to develop the prize pool. Holders of NFTs belonging to the staff that wins get to share the prize pool equally. Nevertheless, if the groups draw, either side will get 10,000 USDT, which might be shared amongst holders of the staff’s NFT.
OKX understands the World Cup is probably the most watched sports activities occasion on the planet, with over 1 billion viewers. Subsequently, by launching the OKX Soccer Cup, they hope to capitalize on this craze by introducing the massive fan base to non-fungible tokens. This fashion, followers get to have fun their staff’s success with NFTs as they benefit from the event.