FOMO·NUCN launch experiential testing, and more NUCN token is being burned

2 min readJul 25, 2020

After weeks of hard work by the team, FOMO NUCN was finally able to meet his friends in the community. Before we officially launched our innovative portfolio product, FOMO·NUCN, we decided to conduct a round of experiential testing. The NUCN team will provide 50,000 NUCN from the circulation market to assist in the start of experiential tests.

This experiential test will open the synthesis and auction two parts, the dividend part is not open.

The experiential test will officially start at UTC 12:00 26/07/2020 , 100% investment costs of participating Synthesis of NUCN will be distributed into the winning pool, and all consumed NUCN participating in the bidding will be burned.

Synthesis Rules of Experiential Testing

*Total Amount, 50,000 (The NUCN team will provide 50,000 NUCN from the circulation market). And when the 50,000 NUCN tokens are synthesized, Synthesis function iimmediately shuts down.

*Buff

1、0U < Synthesis Volume <=10U, -8%~2% random buff

2、10U < Synthesis Volume <=20U, -6%~4% random buff

3、20U < Synthesis Volume <=30U, -4%~6% random buff

4、30U < Synthesis Volume <=40U, -2~8% random buff

5、Random buff of Synthesis Volume > 40U 0%~10%

*Bonus

Each mining in Synthesis of NUCN has an additional incentive. Bonus = V * R

V: Volume of last synthesis of NUCN

R: Bonus ratio; The R increases from 1% to 10%, and a new cycle begins after R equals to 10%.

For example:

The 1st mine, no bonus.

The 2nd mine, get 2% bonus of the volume of last synthesis of NUCN.

The 10th mine, get 10% bonus of the volume of last synthesis of NUCN.

The 11th mine, get 1% bonus of the volume of last synthesis of NUCN.

*Leaderboard Reward

10% of the volume of NUCN synthesized daily will be used to reward the top 10 players of the daily ranking. The top 10 prizes are 35% for the rank 1, 20% for the rank 2, 10% for the rank3 and 5% for the rank 4 to 10.

Auction Rules of Experiential Testing

1、15% of the costed tokens($ETH, $USDT, $AMPL) invested in synthesis of NUCN goes into the winning pool.

2、The 1st bidding needs 100 NUCN, and every subsequent bidding increases 100 NUCN.

3、At the end of each round, the top 3 winners are rewarded with 65%, 15% and 5%.

4、NUCN used for bidding will be burned.

Experience Now

NUCN official website:http://nucn.org/

FOMO·NUCN website:http://fomo.nucn.org/ or http://judgelabs.com/

FOMO Tutorials,

Trust Wallet Tutorial:

https://www.reddit.com/r/UniSwap/comments/htzmbw/the_tutorial_of_how_to_invest_in_fomonucn_through/

MetaMask Tutorial: