Fantasy Extreme
Football Fanatics NFT Collection Guide
Project Overview
The "Fantasy Extreme - Football Fanatics" collection is designed to build a vibrant and engaged community by offering free NFTs, each with special perks, for users of our blockchain-based fantasy football platform. Through this collection, we aim to provide users with exciting rewards and incentives while growing our platform’s usage and community.
Collection Details
Total NFTs: 10,000
Tiers: Bronze, Silver, Gold, and Platinum
Goal: Strengthen engagement by offering different benefits tied to each NFT tier, encouraging active participation and involvement in our community on Discord and the platform.
Promotion Timeline
The Alpha promotion period runs from October 2024 to May 25, 2025, during which the NFTs will be associated with the top teams from three major football leagues:
Premier League: Liverpool, Manchester City, Arsenal, Chelsea
La Liga: Real Madrid, Barcelona, Atlético de Madrid
Chinese Super League: Shanghai Port, Shanghai Shenhua FC
These 9 teams will form the core of the promotion during the Alpha phase.
NFT Tiers & Benefits
Validity: Lifetime
Bronze Tier: 5,000 NFTs
Characteristics: A digital collectible linked to in-game participation.
Rules: Users must join contests for 5 matches over 5 weekends, selecting games from any of the 9 teams during the Alpha promotion phase.
Perks: 5% discount on entry fees for all matches (First come first served basis)
Validity: Lifetime
Silver Tier: 25,00 NFTs
Characteristics: A higher rarity digital collectible offering enhanced benefits.
Rules: Users must first meet the requirements for Bronze and join a total 10 Contests from those 9 teams over 10 Weekends.
Perks: 10% discount on entry fees for all matches(First come first served basis).
NFT Tiers & Benefits
Validity: Lifetime
Gold Tier: 2,000 NFTs
Characteristics: An exclusive digital collectible with a limited supply that provides significant in-game benefits.
Rules: Users must first meet the requirements for Bronze and Silver and join a total 25 Contests from those 9 teams over 25 Weekends.
Perks: 20% discount on entry fees for all matches(First come first served basis).
Validity: Lifetime
Platinum Tier: 500 NFTs
Characteristics: : An ultra-rare, uniquely designed collectible with substantial in-game benefits, limited to 500 pieces.
Rules: : Users must first meet the requirements for Bronze, Silver, and Gold, and join contests for 50 matches: 25 weekends from any of the 9 teams in the Alpha promotion phase, and 25 additional matches from the Champions League (any team).
Perks: 50% discount on entry fees for all matches(First come first served basis)
NFT Distribution Strategy
Once users meet the rules for each tier, users will be able to claim the corresponding NFT from within the platform on major ICP NFT marketplace platforms like Entrepot and Yuku. These NFTs are transferable and can be traded or sold on these platforms. Users need to register on these platforms to adhere to the campaign.
To get more users on socials we can run an Airdrop campaign with 100-200 bronze NFTS for free without following the Bronze Tier.
Discount Strategy & Mechanism
Objective
To provide a discount mechanism for NFT holders (Bronze, Silver, Gold, and Platinum) using a fixed percentage of the total entry fee pool. This document outlines the finalized process for applying discounts, the distribution mechanism, and the conditions under which discounts will be granted.
Discount Allocation Framework
1.Total Discount Pool:
7% of the total entry fee collected in each contest will be allocated for discounts to NFT holders.
The larger the entry pool, the larger the portion available for discounts.
No sub-division between different NFT tiers (Bronze, Silver, Gold, Platinum). All NFT holders will draw from the same 7% pool, regardless of their tier.
2.First-Come, First-Served:
Discounts will be applied on a first-come, first-served basis until the allocated 7% of the total pool is exhausted.
There will be no reserved discount portion for any specific type of NFT (e.g., Platinum holders do not have guaranteed priority).
Once the 7% pool is exhausted, no further discounts will be applied for the remaining NFT holders in that particular contest.
3.Cap on Total Discounts:
To accommodate all 10,000 NFT holders (5,000 Bronze, 2,500 Silver, 2,000 Gold, 500 Platinum), a minimum of 16,429 participants is required in the contest, as detailed below.
Detailed Calculation Example
Assumptions:
Entry fee per participant
$1
Total number of participants
1k
Total entry fees collected
$1k
Discount Allocation
7%
Total discount pool:
7% of $1,000 = $70
All NFT tiers will draw from this $70 pool on a first-come, first-served basis until it is exhausted. Once depleted, no further discounts will be available in that contest.
Minimum Number of Participants to Accommodate All NFT Holders
To ensure all 10,000 NFT holders get their discounts, the following breakdown applies:
Bronze (5,000 users): Requires $250 for discounts (5% discount per user).
Silver (25,00 users): Requires $250 for discounts (10% discount per user).
Gold (2,000 users): Requires $400 for discounts (20% discount per user).
Platinum (5,00 users): Requires $250 for discounts (50% discount per user).
Thus, the total discount required for all NFT holders is $1,150. Since 7% of the total entry fee pool is allocated for discounts, the minimum total entry fees required to cover all discounts is:
1150/0.07=16429.
This means at least 16,429 participants are needed in a contest to guarantee that all NFT holders receive their discounts.
Summary of Terms
1. Discount Pool:
7% of total entry fees per contest.
2.No Sub-Division:
All NFT holders (Bronze, Silver, Gold, Platinum) draw from the same discount pool.
1.First-Come, First-Served Basis:
No guarantee for specific NFT types. Once the discount pool is exhausted, no further discounts will apply.
1.16,429 Participants Minimum:
To accommodate all NFT holders in a contest, at least 16,429 entries are required.
This structure ensures a fair and sustainable way to distribute discounts to NFT holders while protecting the platform from financial loss. Users are encouraged to enter contests early to benefit from their NFT discounts, with transparent communication to avoid misunderstandings regarding discount availability.