Sales structure and fair price for NFT
Last updated
Last updated
We aim to create a trading system that ensures the determination of a fair price for our NFT cards. To achieve this, we will conduct a series of auctions once a month or more frequently. During these auctions, we will set boundaries for the amount we aim to raise, which is required for the further development of the project. We will not collect more funds than we have planned. For example, if we planned to raise between 5,000 USDC and 10,000 USDC, but received offers totaling 11,990 USDC, we will still only sell cards for 10,000 USDC.
However, in the next auction, the NFT cards will be priced 10% higher. This way, we will find the fair price.
During each trading session, a base price for the box is established. Option to choose a price with a slight discount (economical option) or with a slight markup (safety option). Order Processing:
Our priority is to process orders from the referral program first, then the most profitable ones for us, giving preference to the smallest buyers among them. Next, orders at the base price are fulfilled, followed by economical options.
We reserve the right to change this order, after all, we are Raiders!
in this example we plan to raise between 5,000 USDC and 10,000 USDC
Underbooking (insufficient orders)
Trading is canceled, and the price for the next trading session is set lower.
Good scenario
Sufficient orders for sale, all orders will be fulfilled.
Overbooking (too many orders)
Sales are limited to a certain amount, and the price for the next trading session is set higher.
