Varras

Posted on Mar 24, 2022Read on Mirror.xyz

March Madness Giveaway NFT Utility

If you’re reading this you’re probably a collector of the free photography NFTs I’ve been giving away on Tezos during the month of March 2022; thank you :) . If you haven’t collected yet but enjoy photography NFTs then there is still time to collect and have some fun with us!

Throughout this month I’ve been hinting at utility for the photography NFTs I’ve been giving away. This blog speaks directly to that and how it will work.

Step 1: Mint

Once the free giveaways are over this month, I will mint a 1 of 1 NFT in the 1 of 1 Collection on objkt.com

Step 2: Live Giveaway

I will then announce that the 1 of 1 NFT giveaway is live on my twitter and ask that you comment your Tezos address for a chance to receive it for free. Here is the first catch: your wallet MUST contain one of my photography NFTs that I have been giving away. At the time of this writing, March 2022, that is every photography NFT I’ve created on Tezos. So if you have one of those in your wallet and comment the address to the twitter post you’re eligible for the 1 of 1.

Step 3: Selection

I will review all Tezos addresses on the Twitter post and remove the ones that DO NOT own one of my photography NFT giveaways. I will then take the Tezos addresses that DO own one of my photography NFTs and enter them into a random selection program. This program will randomly choose a Tezos address to POTENTIALLY receive the 1 of 1 photography NFT.

Step 4: Burn

This step is where things get fun. In order to receive the 1 of 1 NFT you MUST send ONE of the over 300 free Giveaway NFTs to varrasburn.tez where the NFT will be burned FOREVER. You have 24 hours to do this or you lose your chance for that 1 of 1 NFT and I will start Step 3 all over again.

Step 5: Receiving 1 of 1 NFT

Once I confirm you’ve sent one of my free giveaway NFTs to the varrasburn.tez wallet, I will send you the 1 of 1 photography NFT. At this point the game is over until the next 1 of 1 starts.

TL;DR

  1. Mint a 1 of 1 NFT
  2. Twitter post for the chance to get a 1 of 1 NFT; comment your Tezos address that holds one of my NFT Giveaways
  3. Select address at random to receive the 1 of 1 NFT
  4. Address owner sends one of the giveaway NFTs to varrasburn.tez where the NFT will be BURNED FOREVER
  5. I will then send you the 1 of 1 NFT
  6. Profit

I look forward to playing the first iteration of this game with you! As well as bringing utility to these free photography NFTs I’ve been giving away and creating a deflationary mechanic that can potentially drive sales.

The steps outlined above are not final and subject to change as I see fit. I do have the right to change the rules to the game and most likely will. But I will update you when I do and for at least the first version of the game I will stick to the above rules.

The main goals of this are two things:

  1. Have some fun while learning the NFT space
  2. Create utility for photography NFTs (something I’m not sure anyone has done before) and with utility hopefully comes sales for collectors that want to flip

Follow my twitter account @varrasNFT for a chance to collect one of the free NFTs I’m dropping every day in March 2022. I will release at least one new NFT everyday; each one will only have 5 editions minted. Comment your Tezos address on the twitter post for a chance to receive a free NFT. It’s that simple and there are still 8 days of free giveaways left!

Thanks for taking the time to read and good luck!

-Varras

NFT