How does the fortune wheel work?
Guess the Dip is the very first experimental guessing competition in the NFT space. The aim is to guess the dip price of BTC/USD until the next halving (in 2024). Each NFT represents a BTC price in USD and acts like a lottery ticket for the competition. The winner NFT is the one with the matching number on it at the dip price of BTC in the 2022 bull cycle.
We set the boundaries of BTC/USD price the top at $17,620 and the bottom price at $3,000. Between this range, there are 10,000 NFTs randomly generated with different BTC/USD prices This is a freemint project and we collect 10% royalty fees from each transaction in Opensea. The 5% of the transaction fees collected until the next halving in 2024 will go to the winner NFT holder. The remaining 5% will go to the last digit matching number of all the NFTs evenly distributed (i.e, if the dip price is 14,502, then all the NFTs with an ending number of '2' will get a share of the price).
What is there a reward system for guessers?
Grand Prize: The matching NFT of the dip price of BTC/USD will get the whole 30% of the royalty fees.
Lucky Prize: The matching last digit of all NFTs with the Bitcoin dip price of BTC/USD will share 20% of royalty fees.
