NFT Champions Tournament
How Does It Work?
First let's start with "What is an NFT?"
Think of an NFT as a digital image that is the one official copy of it. People can have the same image but your one is the only official one. For this contest you will have one official "Rookie Card" NFT. You can release it in a set of 1 or 10,000. I will cover that more later. So what's the point? Well the more successful and famous you become, the more valuable the NFT can become. So if you sell 10,000 of your Rookie card, you will have 10,000 people invested in helping you get more successful, so that their NFT will increase in value. If your NFT has the most value, you are winning the contest. But if there is 10,000 Rookie cards, they aren't that rare and it will be harder to increase it's value. You could make of set of just 10, but then you only have 10 people invested in helping you succeed. So how many should you make in a set? I have no idea. This contest has never been run before and no one knows what will be best for you. So what are the rules? There are very few! You get one official Rookie card but you can earn more cards if you are at the top of the leaderboard when the "season" ends. Or you can earn a "Major Achievement" card if you do something that is judged to be worthy of it. Booking a gig would not earn you one, but going Platinum would. Committing a crime that hurts others can get you removed from the contest or misuse of the logos or creating an official NFT without permission could have the same effect. That's about it. You choose what you do and how you compete. The market is the judge. I aim to have a tv series about the contest and the competitors which will get us more attention and help us succeed. The more we all promote the contest, the more famous we become and the more opportunities for success will present themselves. I will provide support, instructions on NFTs and information from us but it is up to you to decide what you will do to win.