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Announcements Gate NFT’s 4th Phase Fractional NFTs Subscription Starts! Come and OWN Your MAYC!
Gate NFT’s 4th Phase Fractional NFTs Subscription Starts! Come and OWN Your MAYC!
2022-07-29 09:27:33 UTC 36775 Read
The 4th phase of the fractional blue-chip NFT crowdfunding will feature MAYC (Mutant Ape Yacht Club) colletibles. Subscription for the MAYC will begin on July 29. The pilot series of fractional NFT products will be blue-chip NFT collections that have historically high demand in the open NFT market.
Successful subscriptions can enjoy corresponding fractional NFT's avatar rights, low entry costs, huge upside and bargain-for-buck equity. Summarily, It puts you in the club of some of the most prestigious class of NFT collectors.

Subscription link: https://www.gate.io/nft/mystery_box/404153
Duration: July 29th 13:00 PM — August 9th 13:00 PM (UTC)

Rules:
1. The number of fragments of this fragmented NFT [MAYC] is 1000, and the subscription price of each fragment is 29 USDT;
2. The user chooses to subscribe a certain number of shards [a single account is limited to a maximum of 5 shards].
3. After the subion of all fragments is completed, the platform will buy NFT and distribute NFT fragments to user accounts according to the subion share.
4. After the subion of all fragments is completed, users will have rights to use the fragmented NFT itself and the authorized avatar of the fragmented NFT. The commercial authorization of the original NFT is decided by the community of all NFT fragmentation holders. The final sale of the original NFT will also be decided by all NFT fragmentation holders.
5. The final sale of MAYC is decided by the users who hold the shards. When the vote reaches 60%, the transaction proposal can be passed. The platform will sell NFTs on OpenSea and distribute the sale funds to the shard holders in equal amounts. After the sale, all fragmented NFTs will be recovered and destroyed.

Note: After the subion is completed, the fragmented MAYC begins to circulate on the platform. When users buy and sell fragments, please pay attention to check whether the fragments are from the MAYC fragment portfolio certified by the platform, and beware of buying fake MAYC fragments.



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Gate.io Team
Jul 29th, 2022
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