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Price
0.00008341 USD
% Change
7.71%
Market Cap
73.1M USD
Volume
1.98M USD
Circulating Supply
884B
MESSIER to Hold NFT Auction on January 12th
MESSIER will hold an auction for all Messier Object NFTs on January 12th at 6 pm UTC. The auction will run for a total of 110 hours, so the auction will end on January 16th.
Event date: January 12 to 16, 2024 UTC
M E S S I E R | M87
@MessierM87
@MessierM87
Unique Strategies & Benefits: 📊
▪️ Initially, Messier Object #NFTs are available exclusively via an 110-hour auction, purchasable only with #M87 tokens. This could increase the demand for the token.
▪️ All #M87 tokens used for purchasing these NFTs are sent to a burn address, permanently reducing the circulating supply and increasing scarcity.
▪️ The staking power of each #NFT is tied to the amount of #M87 tokens spent on it during the auction, with power equivalent to the number of tokens used.
▪️ Owning a Messier Object NFT entitles you to a 12.13% distribution reward from the $MTT pool and an additional 0.87% from the $MOTT pool after each cycle, by keeping the NFT in your wallet.
▪️ While single #M87 stakers have a cap of 2% of the total supply, owning one or more Messier Object NFTs increases your staking power.
▪️ Messier Objects are permanently Dark Listed, qualifying their holders for exclusive Supernova rewards.
▪️ Messier Object NFTs feature in a special section of Virgo's interface, showcasing their value and owner.
▪️ Post-auction, these NFTs can be sold only on the #DAO marketplace for $ETH, ensuring no impact on the #M87 token’s value from sales.
▪️ Selling any of the 110 unique Messier Object NFTs incurs a 4% utility fee, which goes to the VirgoDAO’s treasury.
Auction Details 🧵👇
▪️ Initially, Messier Object #NFTs are available exclusively via an 110-hour auction, purchasable only with #M87 tokens. This could increase the demand for the token.
▪️ All #M87 tokens used for purchasing these NFTs are sent to a burn address, permanently reducing the circulating supply and increasing scarcity.
▪️ The staking power of each #NFT is tied to the amount of #M87 tokens spent on it during the auction, with power equivalent to the number of tokens used.
▪️ Owning a Messier Object NFT entitles you to a 12.13% distribution reward from the $MTT pool and an additional 0.87% from the $MOTT pool after each cycle, by keeping the NFT in your wallet.
▪️ While single #M87 stakers have a cap of 2% of the total supply, owning one or more Messier Object NFTs increases your staking power.
▪️ Messier Objects are permanently Dark Listed, qualifying their holders for exclusive Supernova rewards.
▪️ Messier Object NFTs feature in a special section of Virgo's interface, showcasing their value and owner.
▪️ Post-auction, these NFTs can be sold only on the #DAO marketplace for $ETH, ensuring no impact on the #M87 token’s value from sales.
▪️ Selling any of the 110 unique Messier Object NFTs incurs a 4% utility fee, which goes to the VirgoDAO’s treasury.
Auction Details 🧵👇
M E S S I E R | M87
@MessierM87
@MessierM87
Auction Details: 🧑⚖️
▪️ The auction will start on january 12, 2024, at 6 pm (UTC).
▪️ All Messier Object #NFTs will be auctioned simultaneously for a duration of 110 hours.
▪️ If a bid is placed in the final 87 minutes, the countdown will reset to 87 minutes. This prevents…
▪️ The auction will start on january 12, 2024, at 6 pm (UTC).
▪️ All Messier Object #NFTs will be auctioned simultaneously for a duration of 110 hours.
▪️ If a bid is placed in the final 87 minutes, the countdown will reset to 87 minutes. This prevents…
The event is about to begin
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Added by
Alika
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