❓FAQ

• What's the difference between buying on Uniswap and OpenSea?

When you buy an Onchain Tickets NFT on OpenSea, it’s yours to keep, and 1 $TICKET is transferred from the seller’s wallet to yours. When you buy 1 $TICKET on Uniswap, a new Onchain Tickets NFT is generated and transferred to your wallet.

• What happens when you sell or transfer Onchain Ticket NFTs?

If you decide to sell or transfer your NFT to someone else, the NFT doesn't change at all; it just gets a new owner When you sell or transfer a full $TICKET token, the Onchain Tickets NFT that was linked to that token is destroyed. But, if the person receiving your token ends up with at least 1 full token, they get to mint a brand-new NFT. This new NFT will have different details from any before it.

• What happens if I had for example 0.69 $TICKET and purchased another 0.31 $TICKET to make it 1 full $TICKET tokens?

If you had 0.69 $TICKET tokens and bought an additional 0.31 $TICKET, a new NFT would automatically be minted for you. This automatic minting process is designed to recognize when your fractional holdings consolidate into a whole token, thereby triggering the creation of a new NFT without any further action required on your part.

• I have bought 1.69 $TICKET, how many NFTs am I going to get?

You will get 1 NFT.

• If I purchase an Onchain Tickets NFT on a marketplace will I receive the $TICKET token?

When you buy a Onchain Tickets NFT, the $TICKET token that's linked to that NFT automatically becomes yours and is transferred out from the old owner's wallet.

• How does the 3% tax on TICKET purchases work?

Every purchase of a $TICKET token incurs a 3% tax. Out of this, 2.7% goes directly to the prize pool, enhancing the rewards available, while the remaining 0.3% goes to the referrer, incentivizing user growth and engagement. There is no tax on the sale of $TICKET tokens.

• Are there any limits on the number of Ticket NFTs I can mint?

There are 0.5% Max Tx Amount and 1% Max Wallet Amount limits in place to prevent any single user from acquiring a disproportionate number of tickets. These limits are designed to ensure a fair distribution of tickets and to prevent any single user from dominating the prize pool.