Blind Box + NFT FAQ
1. Which chain users can participate in the blind box opening activity?
Currently only BSC users and Avalanche users can participate in the blind box activity
Users who log in to kine.exchange with Ethereum and Polygon and complete the transactions, the reward will be sent to the BSC chain by default
When access NFT box, the system will prompt switch to BSC or Avalanche
2.How to transfer KINE from other exchanges to BSC or Avalanche chain?
The KINE protocol supports cross-chains. Users can transfer KINE to kine.exchange, and then withdraw KINE to BSC or Avalanche chain from kine.exchange
3.Where can I buy KINE?
Buy from Okex
On the BSC chain, please use Pancake Swap, Babyswap or MDEX to purchase
Trader Joe on Avalanche
Uniswap on Ethereum
4.There are no assets on the Avalanche chain, such as BCH, LTC, ADA, etc. How can I exchange it?
For assets that are not available on Avalanche, we will generate official altcoins on Avalanche, such as BCH, We will generate BCH.k and put it in a blind box
After the user opens the blind box, the official token will be sent to the designated address, which will be officially accepted as USDT. The official acceptance address is: 0xc7376ed8615D2c69B01EC272c66C3030e6129d2E
Within one working day, the official will exchange the tokens into USDT at the price of Binance at the time of receipt of the tokens, and deposit them into the user’s account on the exchange.
The contract address of the officially issued alt coins are as follows:
5. How many blind boxes can users get every day? Is the blind box time-sensitive?
Each user, on a chain, can only get one blind box per day
Blind boxes need to be opened within the specified time. Blind boxes are distributed before 24 o'clock every day, and users need to pick them up between 0 o'clock and 24 o'clock the next day, SG time.
Blind boxes that are not collected within the time limit will be invalid.
If the user participates in multiple activities at the same time, and each activity receives a blind box, the blind box will be issued to a different chain
6.What are the rules for 'Trading Fun' based on transaction volume?
The transaction volume is calculated on a daily basis, and the calculation time is from UTC 10:00am(T+0) to 10:00am (T+1) .
Trading volume is not distinguished by trading assets, any trading pair transactions will be counted
7.What currencies can users use to purchase cards?
KINE
BNB on BSC chain
AVAX on Avalanche chain
8.How many KINE tokens will be rewarded after the Advanced card is burned? How is it calculated?
Once the Advanced NFT card is burned, the corresponding tokens and extra KINE token rewards will be sent to your wallet. KINE token rewards consist of both fixed and cumulative rewards.
The forging rules and KINE token rewards are as following:
The cumulated part is determined by the time length between it's forge and burn, every week after it's forged, apprex.2% worth of the NFT's face value will be accounted into the NFT in the form of KINE token, so around 100% of APR in KINE.
Take below case as a example_:_
John forged a Gold class advanced NFT with 19 base NFTs, and decided to burn it after 1 week. At that time, the 19 token asset worth $10,000 combined, and KINE is at $2. Then John will receive the 19 token and below amount of KINE: 3000+10000/2 * 100%*(1/52) = 3096
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