The SolanaNFT Pad Mint Instruction

SolNFTPad mint rule is finally up! The following guide will help you understand how the mint process will go on our first collection launch.

What are betaStone, MetaGem, MetaPad and sMetaPad?

BetaStone came from the experiment of a Solana Laboratory. To obtain our community benefit, you must activate your BetaStone through our Awakening Portal. The BetaStone will turn into MetaGem in the process of Awakening through consuming an NFT Badge as fuel and requires a MetaPad for the awakening process. After successfully activating the MetaGem, it will be attached to the MetaPad and becomes the sMetaPad NFT; the corresponding level of benefit will be determined by the level of MetaGem staked in the sMetaPad NFT.

In the Public Mint round, there are 40,000 NFTs issued, including BetaStone lv1 (60%), BetaStone lv2 (8.48%), BetaStone lv3 (3%), BetaStone lv4 (0.75%), BetaStone lv5 (0.27%), MetaPad (12.5%) and Badge (15%). We will not issue extra MetaPad in the future, meaning there will only be 5000 available positions to receive the benefits on the platform. Therefore, these MetaPad will only become more valuable as time goes by. Holding an additional sMetaPad will not give you extra benefit.

Warning: Please do not trust any private messages on the Discord Channel as there are many scams around, please check our discord announcement channel for any update, we will never send you a direct message first. The official link to enter our public sale will be posted on our Twitter and Discord channel.

MINT will be carried out in 3 phases:

First phase ( 10 minutes)

This Mint on sale adopts the form of reverse auction. The final price of Mint is determined by the average of the total number of Mint and the total amount paid by SOLs (final Mint price = total number of SOLs paid / total number of Mint). Each player can choose Mint 20 NFTs at most. In the first phase, we will divide the subscription quantity into 4 levels, and each level has its own price.

They are:

Level 1: Choose 1~5, the price is 0.8 SOL each

Level 2: Choose 6~10, the price is 0.6 SOL each

Level 3: Choose 11~15, the price is 0.5 SOL each

Level 4: Choose 16–20 , the price is 0.4 SOL each

You need to select the amount of Mint you want within 10 minutes and pay the total amount of SOL at the level of the corresponding amount. However, you the amount of Mint you’ve chosen and paid SOL, but this still isn’t he final price of your Mint. We will calculate the average price after the first stage completed, and the price corresponds to the closest level price as above, this price will be the final selling price.

Second phase ( 10 Minutes)

From the total number of SOLs paid by all players in the first phase and the total number of NFT subscriptions, the system will calculate the final actual sales price per unit and purchase quantities.

Players need to base on actual unit sale price and purchases quantities which calculated by the system, re-select the number of subscriptions within the designated subscription range, and the final payment amount changes, using the mechanism of more refunds and less compensation.

For example:

Player A subscribed for 5 NFTs in the first phase, the price per unit is 0.8 SOL, and paid 4 SOLs

Player B subscribed for 20 NFTs in the first phase, with price per unit is 0.4 SOL and paid 8 SOLs

Assuming that the total number of NFTs subscribed by all players is 37000, and the actual amount paid is 20000 SOLs, the calculation method is as follows: 20000/37000=0.54SOL, 0.54SOL is closest to the third level pricing, then the final price is 0.5 SOL an NFT, buy the number is limited to a minimum of 11 and a maximum of 15.

Player A needs to subscribe for a minimum of 11 NFTs, 0.5 SOL per unit and a total price is 5.5 SOLs. Due to player A has paid 4 SOLs in the first stage, player A needs to pay the difference 1.5 SOLs before continuing to participate in the subscription.

Player B can only subscribe for up to 15 NFTs, 0.5 SOL per unit and a total price is 7.5 SOLs. Due to player B has paid 8 SOLs in the first phase already, player B does not need to pay the difference again, only need to select the corresponding amount to confirm, and the 0.5 SOL will be returned to the payment wallet.

Third Phase (Release time)

If the total number of Mint is less than or equal to 40,000 NFTs, the system will automatically issue NFTs in the third phase, and the NFTs will send to your wallet within 1 minute.

However, if the total number of Mint exceeds 40,000 NFTs, the system will trigger a lottery mechanism, and the winners will be randomly selected from all players who have completed the subscription. (The players who are on the whitelist will have 100% chance to win, and for who are not on the whitelist Players will be drawn randomly by the system until all 40,000 NFTs are distributed)

For the player who has won the prize, we will send the NFT directly to your wallet within one minute.

For player who has not won the prize, we will return the SOL to your wallet straight away.

Note: At each phase, there will be one-minute cooling period for the system to perform data proofreading to ensure accurate calculations.

After all players get the NFTs, we will start trading on the major Solana secondary trading markets as soon as possible.

Thank you for your support.

Follow us

• Join the official SolNFTPad discord: https://discord.gg/FdU7Dwp7
• Twitter: https://twitter.com/solnftpad
• Website: https://solnftpad.io/