Important Updates on NFT Marketplace Payment Token & Earnings Withdrawal

Metaverse Miner
2 min readDec 27, 2021

Dear adventurers,

In order to provide improved smoother services, Metaverse Miner will update and adjust the NFT marketplace, earnings withdrawal function. The update is expected to be completed by 12:00 UTC on December 28, 2021.

NFT marketplace payment token adjusted to $META

New scenarios will be added for $META, the pricing token of NFT marketplace will be changed from $USDT to $META. NFT marketplace will not be able to place NFT orders with $USDT payment after the update. Pending NFT orders before the update will remain until they are filled or cancelled.

Earnings withdrawal scheme adjustment

The following adjustments will be made to the player’s META mining revenue scheme in the game.

  1. Remove the limit of withdrawal amount, you will be able to customize the withdrawal amount after the renewal.
  2. Added $META withdrawal fee, players will be charged for $META withdrawal according to the amount range in the updated version.
  3. The withdrawal is limited to only 1 time per day.
  4. Withdrawal fee income will be used for providing market META/USDT liquidity.

Notes

The fee will be calculated automatically after entering the withdrawal amount, for example, as follows:

If the withdrawal amount is 30, the extra portion of the slot 2 amount is 10, and the additional fee rate is 2%, the actual fee charged is 10*2%=0.2 $META.

If the withdrawal amount is 60, a. the extra portion of the slot 2 amount is 30, and the additional fee rate is 2%, b. the extra portion of the slot 3 amount is 10, and the additional fee rate is 5%, the actual fee charged is 30*2%+10*5%=1.1 $META.

If the withdrawal amount is 120, a. the extra portion of the slot 2 amount is 30, and additional fee rate is 2%, b. the extra portion of the slot 3 amount is 50, and the additional fee rate is 5%, c. extra portion of the slot 4 amount is 20, and the additional fee rate is 8%, then the actual fee charged is 30*2%+50*5%+20*8%=4.7 $META.

By analogy, the handling fee is mainly charged for the extra portion based on the rate.

Restarting Planet NFT Auction

Metaverse Miner expects to restart the Planet NFT auction in late January 2022, so stay tuned!

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Metaverse Miner

The NFT+Metaverse+DEFI game on BEP20 blockchain. Official website: meta.auto