ποΈSubscription Details
Subscription Procedure
This subscription based system is put in place to increase not only the utility & value of the collection, but to also serve as an instrument for driving/increasing $FROGGO price growth & investor interactions within the project & ecosystem. Additionally it works to support the project long-term & will incentivize outside investors to use the Mutant Marketplace & start their hunt for their ideal Mutant Froggo! Reward subscription on NFT has a standing duration of 1 calendar month. Once the monthly subscription starts it cannot be stopped and rewards will accrue for whoever is holder of said NFT. If wishing to leave subscription part way through the month then users can simply list and sell their NFT/Subscription to a third party. After the sale is complete, the new owner will receive the remaining rewards assigned for the month. - If selling make sure to claim latest rewards prior!
The standard fee for renewing ones subscription every month is that of original mint price. However there is a scaled discount in place in accordance with the rarity of ones NFT.
This scaled discount allows for lower rarity NFTs to have a cheaper re-subscription rate in order to ensure they are not adversely affecting their profit margins earned through their subscription held.
SCALED SUBSCRIPTION SYSTEM
Lower the Rarity, Higher the Discount
Re-subscription costs are based off the initial fixed minting price point:
GENESIS SUBSCRIPTION FEES
663 $FROGGO tokens + minor scaled bnb fee
Diamond - Mint Price 663.00 $FROGGO + 0.20 BNB
Ruby - 10% Off 596.70 $FROGGO + 0.150 BNB
Emerald - 25% Off 497.25 $FROGGO + 0.125 BNB
Sapphire - 50% Off 331.50 $FROGGO + 0.100 BNB
Pearl - 60% Off 265.20 $FROGGO + 0.075 BNB
Opal - 75% Off 165.75 $FROGGO + 0.05 BNB
It is important to remember that the rewards received through your subscription are higher than the costs for renewing the subscription. That way no user is at a loss & it would be of everyones best interest to renew their subscription in order to maximize their long-term earning potential.
* Minting & Subscription Costs May Vary Between Each Release Of The Collection
Users Can NOT Subscribe For Multiple Months In Advance, Must Be Done On A Monthly Basis.
Any lack of re-subscription is compensated by the allocated portions of supply dedicated to ensuring H2E rewards are able to be maintained for those actively subscribing.
It is expected and assumed that all NFT holders will opt to resubscribe, especially after seeing the profits generated from their NFT class & if they donβt wish to subscribe, with such limited supply There will be plenty of token holders waiting in the wings to snag the profits produced from their NFT.
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