FAQ: Frequently Asked Questions
What is makerz NFT?
makerz NFT is a Phygital NFT that allows you to earn cryptocurrency rewards based on claims of the price expectation in selected crypto markets for a specified period.
What makerz NFT is not?
makerz NFT is not a betting system. All predictions are balanced with all market instruments and spot crypto assets. Taking position based on customer bids is not a form of gambling. Users should be aware of the risks they take. Setting a budget for positions, avoiding chasing losses, and managing the budget with financial discipline are entirely the user's responsibility.
How does makerz NFT work?
In makerz NFT, there are Reward/Risk (RR) ratios for specified positions. This RR represents the probability of a predicted price coming true. When you take the correct position, it shows how much you can gain for each unit of risk.
Is it allowed have multiple NFT's?
There are no limitations on the quantity or variety of NFTs you can purchase. However, you should be aware that there is a possibility that the NFTs you buy may not receive any airdrops.
How to buy makerz NFTs?
You can purchase makerz NFTs on Opensea .
What are the commissions?
makerz NFTs have a 2.5% fee that goes to the creator upon each sale. This fee is applied every time the NFT is resold on Opensea .
What is the NFT Fee?
Fee is what you pay for buying a makerz NFT which is listed as a purchase price on the Opensea .
How Risk/Rewards are Calculated on MakerZ NFTs?
You can reach ; "how Risk/Reward calculated?" from here
What are the NFT Types?
Close-Above NFTs: These NFTs reward the holder if the underlying asset closes above a specified price level by the expiration date.
Close-Below NFTs: These NFTs reward the holder if the underlying asset closes below a specified price level by the expiration date.
Hit-Once NFTs: These NFTs reward the holder if the underlying asset hits a specific price target at least once during the holding period.
Range NFTs: These NFTs reward the holder if the underlying asset stays within a specified price range for a certain period or by the expiration date.
What is the prodecure when my NFT won Rewards?
Condition Verification specified in the NFT, such as price levels or ranges
Snapshot at the expiration date
Smart Contract handle the distribution process.
Reward Tokens Sent
What are the Usecases of MakerZ NFT?
Advanced Trading Strategies , Collectibles and Digital Art , Speculative Trading , Access to Exclusive Features .
What are the MakerZ Discord Community Rules?
Is MakerZ NFTs invesment?
No , makerz NFTs is not an investment tool.
Is there any Token Project of MakerZ NFT?
Stay tuned for the news.
How are Rewards distributed?
If the conditions written on the NFT are met, the airdrops are automatically deposited into the wallet address where the NFTs are held.
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