NFT Acquisition Quest and PlayMining NFT Revision of the “USERS” Transaction Fees

Digital Entertaiment Asset Pte. Ltd.
PlayMining
Published in
3 min readJun 3, 2022

We are pleased to announce that the revision of the Usage Fees for the “USERS” transactions (trading between the users) at PlayMining NFT is scheduled to be implemented on June 7, 2022. In this article, we would like to explain the background and intention of this revision and its connection to the JobTribes’ “NFT Acquisition Quest (NFT! Gotta get’em all!)”, started on May 31, 2022.

■About JobTribes “NFT Acquisition Quest (NFT ! Gotta get’em all!)
The purpose of introducing the NFT acquisition quest is to provide more people with the opportunity to acquire NFTs. PlayMining has been offering NFTs written by many creators, such as manga artists and animators, as well as collaborations with famous manga/animations.

While many of our fans have expressed their delight, we have also received some feedback about the relatively high sales price of PlayMining NFTs. We have been searching for the best way to realize our mission to “connect creators and fans through the power of new technology”. As a part of our efforts, we have created 3 price categories in the NFT Acquisition Quest, 100,000 DEP, 10,000 DEP and 500 DEP so that it can be joined by as many users as possible. We may take further improvements to the NFT prices or the drop rates based on the result of this trial.

*You can find the trial details of the JobTribes “NFT Acquisition Quest (NFT! Gotta get’em all!) here.

■Revision of Listing and Buyer’s Fees for the PlayMining NFT “USERS” Transactions
“USERS” transactions on the PlayMining NFT are currently being used by a large number of customers and the management recognizes that to ensure the liquidity of the NFTs is crucial for the active PlayMining ecosystem. In order to make it easier for more users to participate in transactions, we have decided to significantly reduce the transaction fees from 10% from sellers and 10% from successful bidders to 3% from sellers and 3% from successful bidders, starting on June 7, 2022.

■Message to our users
All of the above are regarded as a series of measures to make PlayMining more enjoyable for more people and to operate the ecosystem in a healthier way. As mentioned above, the NFT Acquisition Quest will provide more users with opportunities to acquire NFTs, while the revised fees for PlayMining NFT transactions between users will create an environment in which users can more easily trade the NFTs they have acquired, thereby increasing the liquidity of NFTs. We aim to further expand and stabilize the NFT ecosystem.

In addition to the core title “JobTribes”, PlayMining will continue to release new games such as “Cookin’ Burger”, “Menya Dragon Ramen” and “Graffiti Racer”, which have already been announced, as well as “Lucky Farmer” which is scheduled to be re-released after a renewal.

We are proud to say that no other project on a global scale can offer such a large lineup of ‘playable’ game titles at such a rapid pace. Furthermore, we believe that it is a significant challenge and a meaningful purpose for the whole GameFi industry that we will design and operate not only a healthy economy for each game but also a sound ecosystem for the PlayMining as a whole with multiple game titles.

We kindly ask you for your continued support of PlayMining.

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Digital Entertaiment Asset Pte. Ltd.
PlayMining

We are issuing the crypto currency DEAPcoin and developing and operating the NFT x DeFi entertainment platform PlayMining.