MARKETS OF PIKASTER

The Pikaster platform creates a pyramid-shaped structure consisting of three marketplaces depending on ways to acquire NFTs, and also ensuring that participants with varying inputs can discover the optimum combination of ways to acquire NFTs.

1. Trading Market
2. Rental Market
3. Blind Auction Market

In this article, we would discuss the various markets, their roles, functions and fees.

TRADING MARKET

This market allows players to freely trade NFTs between themselves. New players can quickly match the pet lineup they need through the trading market and start playing and earning.

Functions

Players can post NFTs that match the listing conditions on the trading market and sell them to other players who need them; they can also find NFTs that they need on the trading market. NFTs are priced by the players themselves, and players will get a good deal as long as the market conditions are met. In the early stages of the game, breeding new NFTs and selling them on the trade market might be a good idea.

Rules

1. A player may only list NFTs on the trading market that he or she owns and that are not subject to lease or restriction.
2. When an NFT is for sale, it cannot be leased, transferred, or bred, but it can still be utilized in normal gameplay.
3. When an NFT is successfully sold, the buyer inherits all of the NFT’s ownership ties. The previous owner no longer has any rights or interests in the NFT.

Fees

The only supporting transactions are in USDTs. The platform will charge a commission of 5% of the seller’s income for each successful sale as the platform’s profit.

RENTAL MARKET

On the one hand, the rental market allows players or investors with many NFTs to rent out their idle NFTs for a profit to other players; on the other hand, it allows players who have just met the entrance threshold to receive more NFT configuration possibilities at a reduced price.

Functions

Players can list eligible NFTs on the rental market and make them available for lease, as well as determine the length of the lease and the price.
Players can rent NFTs for $RBS on the rental market and use them to play games during the lease period.

Rules

1. A lessor’s ability to lease out an unlimited number of NFTs is unrestricted. The number of NFTs a lessee can lease is determined by the number of NFTs he or she owns. In theory, the lessee can lease more NFTs if he or she owns more NFTs.
2. Only a lessor with at least three NFTs can lease a pet through the rental market.
3. NFTs that are available for lease cannot be sold, transferred, bred or used in-game, nor can their strength be calculated in overall physical strength.
4. Leasing NFTs are not allowed to be employed in asset operations or to be returned in advance.
5. When the lessee leases any NFT, he or she must pay the rent in advance before he or she can complete the payment.

Fees

The only way to pay rent is in $RBS. The platform will charge a commission of 5% of the lessor’s income for each successful lease as the platform’s profit.

BLIND AUCTION MARKET

When some players want to join an amazing game but can’t afford the fees required to do so, they can use the blind auction market’s monthly payment plan to play at a lesser cost. At the same time, some players who already have a large number of $RBS might discover that their worth cannot be increased in the game and must instead be sold on the secondary market. The blind auction market has also been created to address these issues.

Functions

The blind auction market will offer NFTs at a discounted price in limited quantities and for a short time, and players will be able to buy with $RBS. Players who do not have adequate finances will be able to obtain their own NFTs in this manner.
Leverage is encouraged in the blind auction market. After a successful bid, players must pay a minimum of 30% of the total amount in order to receive NFTs, and the remaining 70% can be paid later. Of course, such players will have to pay interest, which they will be able to cover entirely with the $RBS earned in the game. The blind auction market facilitates transactions in which some players and investors lend $RBS to leveraged players in exchange for interest, thereby increasing their assets.

Rules

1. NFTs purchased through the blind auction market cannot be sold in the trading market for a set amount of time, and all other rights and interests are the same as for normal NFTs.
2. If the interest is not paid within the set time limit, NFTs purchased in the blind auction market with leverage will be forcefully repossessed.

About Pikaster

Pikaster is a card battle game featuring Pikaster (NFT), the first Game-Fi project created by Metaland, based on KCC.

Metaland specializes in developing high-quality blockchain-based games, social, entertainment, sports, etc to enable players to participate in and manage the ecology together and earn great financial rewards while gaining new experiences.

Stay connected to our news and updates on the following platforms:
Website
Telegram Chat
Announcements Channel
Twitter
Discord
Medium