✨Genesis NFT Sale Method
The Reflection platform adopts a price increment model for Original NFT sales, along with detailed guidelines on NFT sales, invitation mechanisms, NFT release rules, and NFT privileges:
Genesis NFT Sale Method
Price Increasing Mode: 30,000 Genesis NFT will be sold with increasing prices.
Initial Price: The first 2,000 NFT are priced at 500 USDT each.
Price Increment: 2,001 to 10,000: Price increases by $25 for every 400 NFT sold 10,001 to 30,000: Price increases by $25 for every 200 NFT sold
Purchase Limit: Each address can purchase a maximum of 10 Genesis NFT.
Node and Token Staking Power Calculation
Node Power Calculation: Staking 1 Reflection Genesis Node NFT grants computational power equivalent to 2x the NFT purchase price.
Token Staking Power Calculation: Each 1 USDT worth of RECT tokens staked provides 1 unit of computational power.
Staking Multipliers:
Flexible Staking: 1x base computational power.
Fixed 2-Month Staking: 2x computational power.
Burn Mechanism: 4x computational power.
Invitation Mechanism
USDT Rewards: Node holders earn 10% from the first level and 1% from the second level of their invitees' node purchases, with a total reward distribution of 11%.
Computational Power Bonus:
Node holders with either 5 nodes or at least 1 node who successfully invite 3 new users to purchase nodes receive a 50% boost in computational power based on their invitees’ contributions.
Users without any nodes will receive a 25% boost in computational power from their invitees’ contributions.
Computational Power Mining Rules
Total Allocation: 50% of the total supply is allocated for computational power mining, with rewards halving each year.
Annual Mining Plan:
Year 1: 25% of the total supply, with a daily release of 690,000 tokens.
Year 2: 12.5% of the total supply, with a daily release of 342,465 tokens.
Year 3: 6.25% of the total supply, with a daily release of 171,232 tokens.
Year 4: 3.125% of the total supply, with a daily release of 85,616 tokens.
This pattern continues with each year’s allocation halving from the previous year.
Genesis NFT Privileges
Mining Earnings: All Genesis NFT investors earn tokens from mining activities.
Whitelist Privileges: Early access to ecosystem projects, such as IDO participation, WL rights, and exclusive airdrops.
Ecosystem Governance: Genesis NFT investors gain governance rights, becoming early builders, contributors, and decision-makers.
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