A Miner's Guide - Loot Arena

Loot Arena A Miner's Guide Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. Table of Contents 1. About 2. Ground Rules 3. Menus 4. Signing Up and Logging In 5. The Auction Card 6. Past Auctions 7. Re-listing Card 8. Badges, Burned Cards 9. Wallet 10. Profile 11. Statistics 12. Loot Vault 13. The Oven Loot NFT Co LLC, WY, USA A member of the Wyoming Auctioneers Association. Patent Pending. USPTO 63/173,415. Copyright 2021. All Rights Reserved. A Miner's Guide, Version 1.3, November 2021. 5 6 12 15 17 20 21 22 26 27 29 30 31 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide BID NOW + Watchlist 01:00:59 left live for 17 hours 1,200,000 THE 01 By Shubham Hanuman (MRU) Set Name Breathe Latest bid by @billbridget Dedicated to talented creators, The 01 evokes an emotion of revolution amidst the Digital World and the Covid-19 Pandemic. A piece created in 3 hours. Creator Link. Provenance. Legal P R @billbridget @jeanflorian3333 @bitcoinguyff BID BOT @bit_bot @billbridget @jeanflorian @bitcoinguyfgg BID BOT @bit_bot @billbridget @jeanflorianvbgdd @bitcoinguy1123 BID BOT @bit_bot ALLOCATE CLEAR SET BOT BUN Bid Balance: 200,000 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. INITIATE TRANSFER RE-LIST To Cardano Address 1,200 MAX 1200 BUNs DOWNLOAD 1200 USDC 7,299 SOLD FOR THE 01 By Shubham Hanuman Set Name Breathe Owner On 1st April 2021. 12:23:34 @billbridget, block 1 Dedicated to talented creators, The 01 evokes an emotion of revolution amidst the Digital World and the Covid-19 Pandemic. A piece created in 3 hours. Creator Link. Provenance. Legal P You own the rights to this creation. Reserve Price 30 Min. 30 Members Minimum Seats 40 BUNs Auction Joining Fee/Member Re-listing Fee....0 BUNs add0cajdcjadlllai....ibcihdbci A Miner's Guide 5 1. About 1. 1 Loot Arena is a gamified, patent-pending auction platform where members (also known as POP miners or miners) bid for non-fungible tokens (NFTs) using bid units (BUN), a token of limited supply. In the process, miners receive Loot Tickets (LTT) based on a ratio of how many BUN they must bid to obtain one LTT (also known as a mining ratio). Access to Loot Arena is by invitation only. Members can buy and resell NFTs in auctions. All NFTs in Loot Arena are part of a themed set of 5 and collecting NFTs unlocks rewards. Creators (in partnership with curators) showcase their creation in the auction arena. They receive miners' attention and the proceeds from the auctions. Proceeds can also be directed to charitable or good causes. LTT is a cryptocurrency that is redeemable for products and services and can be sent by miners off-ecosystem (functionality coming soon). Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. This booklet is a how-to guide to the rules and navigation of the Loot Arena application. For more in-depth details regarding how the site works, consult the Proof of Play white paper, LTT Tokenomics, and the Loot NFT World white paper. A Miner's Guide 6 2. 1 Loot Arena is by invitation only. To be invited, a miner must pay an invite fee to whitelist their invitee's email address, or an invitee must follow a referral URL to Loot Arena. Those following a URL to sign up must pay the joining fee. 2. 2 2. 3 2. 4 2. 5 Miners use Bid Units (BUN) to bid in battle-bidding auctions for NFTs. BUN are spent (not returnable) in auctions and convert to Loot Tickets (LTT) based on a ratio (i.e., how many BUN a miner must spend in an auction to receive one LTT - this is called Mining Ratio). Miners can use LTT to redeem products and services and send them off-ecosystem to a cryptocurrency wallet (functionality coming soon). The current mining ratios are 13 BUN for 1 LTT, 17 for 1, 21 for 1, 27 for 1, 34 for 1, and 42 for 1. LTT are issued per auction and only if the mining ratios are met. E.g., bidding 27 BUN at a 13 for 1 ratio in an auction mines 2 LTT, and bidding 10 BUN in one auction and 17 BUN in another at a 13 for 1 ratio, mines 1 LTT. Battle-bidding auctions are gamified time-based auctions where miners bid one BUN at a time to win an NFT. The last miner to bid before the timer expires wins the NFT. A bid received in the last 15 seconds of an auction resets the timer back 15 seconds. Miners can use a bid bot to bid automatically. All NFTs auctioned are unique and form part of a themed collection or set. Collecting NFTs can grant a miner a lower mining ratio (e.g., a miner on a 42 for 1 mining ratio that collects 3 out of 5 NFTs in a set moves up to 34 for 1 mining ratio) and other rewards. Miners must buy in-world credits (or Credits) to buy BUN or LTT. One Credit is fixed at 1 USDC ERC20, and BUN are purchased in packs of 25 for 5 Credits (or ~ 0.20 USDC ERC20 each). LTT can be bought with Credits from a marketplace, where miners set the sales price for their LTT. Credits are also used to to redeem for other services. (functionality coming soon) All BUN spent in Loot Arena are sent to a time-locked wallet, called the Oven. The Oven redistributes BUN it collects every Sunday. Ten percent (10%) rewards miners for participating in auctions, and 90% are allocated for resale back to miners. Note that BUN are only used in battle-bidding auctions. No miner can have more than 50,000 BUN at any one time in their account. Any overflow is sent to the Oven. 2. 9 Joining an auction 2. 6 2. 7 2. 8 There are two types of auction joining processes. The first is for first-listed (i.e., new to the platform) NFTs, the second is reserve-based auctions (i.e., either resale or first-listing reserve auctions). 2. The ground rules Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 2.9.1 Joining Fee For First-Listed Auctions 7 (ii) Miners can only bid up to their auction cap (BUN amount they can bid in auctions). Some auctions allow miners to raise their cap once only by paying the prescribed LTT fee before their initial cap is entirely consumed, and others are hard capped (i.e., no cap raises allowed). (iii) For miners that join an auction at or after 30 minutes of the start of battle-bidding (i.e., when or after the joining fee doubles), their auction cap is reduced by the amount of fees they paid to join the auction. E.g, John joins pays 10 BUN to join a hard cap 500 BUN auction. He can only bid up to 490 BUN (500 less 10). (iv) The auction is locked when the fee to join exceeds the auction cap or when miners have bid their entire cap for an auction. (v) We provide data in radical transparency to all miners, such as the number of miners in an auction, the total cap for the auctions being the sum of all caps of all miners in auction, and more. A penalty box lists miners that are spam bidding (multiple bids in a row), and those that bid in the last 3 seconds of an auction. The penalty box shows the user name of those that broke the above rules, their allocated balance, hard cap balance and whether they raised their cap (for applicable auctions). (vi) Bid bot limits (that is, how many time a miner can use the bid bot) may also be imposed from time to time. (i) Miners must pay a 5 BUN joining fee to have a seat to bid. Live bidding occurs in the auction arena (first-listings), and miners bid in the battle pit. Each auction is time-limited, and 30 minutes before the initial end time, the fee to join doubles. Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. The ground rules In first-listed auctions, miners must pay a joining fee to have a seat to bid at the auction. Once the fee is paid, they must choose an amount of BUN to allocate to that auction. This amount is escrowed from their account; bids used in auctions are debited from that allocated amount. The escrow balance can be cleared (and returned) back to the miners' account, who must re-allocate to re-join the auction. In NFT reserve-based auctions, miners must escrow a joining fee which is a portion of the reserve price. E.g., an auction may have a reserve of 100,000 BUN with a minimum of 100 miners required to proceed. In this event, each miner escrows 1,000 BUN each. Once, the reserve is met, the auction is locked to new miners. Miners can clear their escrow back to their wallets at any time before the auction goes live. Escrows are also returned to miners' wallets if the owner of the NFT cancels the auction before the reserve is met. A Miner's Guide 8 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. The ground rules Reserve-based auctions must meet the reserve price to proceed to battle bidding. There are two types of reserve-based auctions: first-listings, reserve-based auctions and resales. For resales: (i) Miners that have won NFTs on auction can re-list them. They must pay a fee in LTT for each re-list unless they have a "Free NFT-Relist" badge. Miners can pay LTT for their auctions to be more visible (i.e., displayed higher up the page). (ii) Miners must specify a reserve price to be met before the battle bidding auction starts. The reserve price cannot exceed the last amount it received (in BUN) at its last auction. They must also specify a minimum number of seats they want at the auction table (a minimum number of miners are required). The reserve price divided by the minimum number of seats equals the joining fee to participate in the NFT resale. Miners cannot specify a reserve and minimum seat where the joining fee exceeds 50,000 BUN per miner. (iii) Re-listed NFTs wait in the upcoming section for miners to meet the reserve price before proceeding to the arena. Once the reserve is met, miners that join that auction are notified via email, and the auction starts within 24 hours. After that, members engage in the same battle bidding style as a first-listed NFT. (iv) A miner who joins a re-listing auction by paying the escrow fee can immediately allocate an amount to bid at that auction and set a bid bot. (v) We may impose bidding caps as follows for bids (excluding the joining fee): (1) a bid-bot limit, and (2) a maximum amount that miners can bid per auction (an LTT fee can be paid to raise the cap limit). Caps may apply and or vary. (vi) Joining fees for reserve-based auctions count towards LTT mining. For first-time reserve-based auctions: (i) First-time reserve-based auctions are reserved for known brands; their NFTs go on auction in the stars arena (only 8 such auctions can be held concurrently). Curators list these NFTs, set the reserve price and the number of seats to be met for the auction to proceed. (ii) Once the reserve is met, miners that join that auction are notified via email, and the auction starts within 24 hours. After that, members engage in the same battle bidding style as a first-listed NFT. (iii) A miner who joins a re-listing by paying the escrow fee can immediately allocate an amount to bid at that auction and set a bid bot. A Miner's Guide 2.10 Resales and Reserve-based Auctions 9 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. The ground rules 2.12 BUN and Oven 2.11 (a) BUN are trapped in each auction and only sent to the Oven at the end of the auction. BUN are also sent to the Oven for any account overflow (i.e., amount received above 50,000 BUN to an account). Further, Oven rewards cannot be distributed to miners with decimal places (i.e., BUN must always be in whole numbers). In that case, the Oven may have small residual amounts following each weekly distribution. (b) Oven rewards (10% of the Oven) to miners are distributed based on members' participation in auctions as follows: (iv) We may impose bidding caps as follows for bids (excluding the joining fee): (1) a bid-bot limit, and (2) a maximum amount that miners can bid per auction (an LTT fee can be paid to raise the cap limit). Caps may apply and or vary. (v) Joining fees for reserve-based auctions count towards LTT mining. BUN received at auction converts to USDC ERC20 at an Effective Bid Value (or EBV). The EBV is reduced from the equivalent of 0.20 USDC ERC20 per BUN to take into account BUN given for free as rewards and royalties to ecosystem participants. (i) Five percent of the total BUN is distributed to a miner based on that miner's bids to date to all other miners' bids from the first auction on Loot Arena. This pro-rata share is multiplied by 5% of the Oven and distributed to miners on Sunday at 00:00 UTC. (ii) Five percent of the total BUN is distributed to a miner based on that miner's bids over the past seven days to all other miners' bids in the same period. This pro-rata share is multiplied by 5% of the Oven and distributed to miners on Sunday at 00:00 UTC. (iii) Oven rewards calculation is done 24 hours before distribution. (iv) At the end of each auction BUN are sent to the Oven and, at the same time, LTT are issued to each miner based on their mining ratio. At that time, that sold NFT is added to a chain of prior sold NFTs. For more on this, consult the proof of play protocol. Much like all blockchain mining protocols, LTT mining is competitive and may require miners to learn about rules and strategies. It can also be time-consuming, and therefore it is not for everyone. If that is the case, people can buy LTT directly from miners in the Loot NFT marketplace as a shortcut if LTT is of value to them. 3. 0 The Rules of The Game 3. 1 A Miner's Guide 10 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. The ground rules The Proof of Play Protocol is like a card game, but instead of cards, they are NFTs. The game's object is to win NFTs and mine at the lowest ratio to produce as many LTT as possible. The rules are as follows: (a) the last miner to bid at a time-based auction before the timer expires wins an NFT that they can resell back in Loot Arena for USDC ERC20. A bid received in the last 15 seconds resets the timer back 15 seconds. Miners bid one BUN at a time, which is spent (not refundable). (b) BUN are limited in supply to 500,000,000. Since all auctions trap BUN while in progress, their circulating supply diminishes. This means that auctions must eventually conclude and cannot last forever. (c) All miners' accounts are capped at 50,000 BUN at any one time. Any rewards received by an account over that cap are directed to the Oven. Other caps on the maximum amount that can be bid at auctions or bid-bot limits may be imposed from time to time. (d) There are 5 NFTs in a themed set. Miners collecting a complete set get a mystery gift. Miners achieve a degree if they collect a simple majority of NFTs in a set (e.g., 3 out of 5 NFTs). There are a maximum of 5 degrees that can be granted. (e) To achieve a degree or receive a mystery gift, miners must simultaneously hold the required amount of NFTs. Degrees are for life, and once achieved, miners can then resell NFTs they used to obtain a degree or receive a mystery gift without losing the degree. They cannot collect the same NFTs to achieve another degree or receive another mystery gift. (f) Miners can send NFTs off-ecosystem (those NFTs are burned on LNFTxHABN blockchain and reissued on a Loot Arena supported public blockchain. This means that the number of NFTs in a set can reduce over time. (g) To get a degree, miners must collect: 3 out of 5 NFTs in a set 3 out of 4 NFTs in a set 2 out of 3 NFTs in a set (h) To get a mystery gift, miners collect: 5 out of 5 NFTs in a set 4 out of 4 NFTs in a set 3 out of 3 NFTs in a set 2 out of 2 NFTs in a set (i) Degrees benefits 1st degree: 20% additional weightage to the amount of BUN bid at auctions for Oven rewards. E.g., if a miner bids 10 BUN, that miner will be deemed to have bid 11 BUN (10% additional). As Oven A Miner's Guide 3. 2 The Basics of The Game 11 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. The ground rules rewards are based on each miners' share of bids at auction to other miners, 1st-degree holders get more BUN than they would otherwise have. In addition, a first degree moves miners down one mining ratio. E.g., if a miner is on a 42 for 1 ratio, achieving a degree moves that miner down to the next band of 34 for 1 ratio. If a miner is at the lowest ratio of 13 for 1, obtaining a degree does not affect the mining ratio (since that miner is already at the lowest mining ratio). 2nd degree: 40% additional, move two mining ratios down. 3rd degree: 80% additional, move three mining ratios down. 4th degree: 140% additional, move four mining ratios down. 5th degree: 220% additional, move five mining ratios down. (j) If an NFT set has only 2 remaining NFTs (if 3 out of 5 NFTS were burned, [i.e., sent off-platform]), both NFTs are called the "Fortunate Twins" as they can be used to get a mystery gift (complete a full set). However, they cannot be used to get a degree (since a simple majority is needed for a degree). (k) Miners holding an NFT in a set where 4 NFTs were burned, in other words, the last NFT on Loot Arena in that set, that NFT is called "The Fallen" as it cannot be used to get a degree nor a mystery gift. A Miner's Guide (l) If a miner needs one NFT to complete a full set (e.g., holding 4 out of 5), the last remaining NFT in that set is called the "Sucker Punch" as it could have less value to all miners except the miner that needs it, thus being harder to resell in a battle bidding setting. Over time, older NFTs may go off-ecosystem and make room for attention to fresh new creators. 3. Menus 3. 1 Unregistered User 12 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. Past Auctions Sign Up Upcoming Log In Auctions that are coming up Results of past auctions Start the registration process Login for members only A Miner's Guide Menus 3. 2 Registered User 3. 3 Menu Dropdowns 13 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. 11,003 Loot Vault Past Auctions Re-Listings First Listings Watchlist Upcoming 11,003 Curator8 Curator6 Curator2 Curator1 Curator3 Curator4 Curator5 Curator7 11,003 News Create Motion Directory Vote 11,003 My NFTs BUN, LTT and USDC 11,003 Log Out Settings Account Badges Invites 11,003 Star Arena Personal information and security management page Parliament Live auction bidding page BUN wallet, statistics and transaction information A Miner's Guide Menus 14 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. 3. 4 Footer View plots on Loot NFT World Manage plots at The Fund Shop exclusive items on Satoshi's Lounge Talk to us anytime via our social media channels. @lootnft. Our World The Fund Satoshi's Lounge X by SL HABN The Platform How it works FAQs Documentation Bid Units Loot Tickets Rewards Member Governance Explorer Github The Arena First Listings Re-Listings Stars Arena Upcoming Past Auctions Loot Vault World Rankings Listing Your Work Statistics The Platform Loot Tickets (LTT) About Us Journey Team Press Videos Contact Legal General Information Ecosystem Innovation Non-Fungible Tokens Participate in exclusive auctions on X by SL Loot NFT's permissioned blockchain Overview of how Loot Arena works. It contains enough information for anyone to get started. A comprehensive list of answers to queries (from basic to advanced) Loot Arena documentation Information about BUN Information about LTT Learn about Oven Rewards and more Governance information All platform transactions on LNFTxHABN permissioned blockchain along with real-time platform data Code repository for decentralized app (coming soon) All first-listed NFTs in auction Auctions that are queued and upcoming A history of all NFTs sold at auction on Loot NFT Weekly ranking updates about members based on engagement A manifest of all NFTs and physical creations in the custody of Loot NFT Information for creators and how they get their items listed on Loot NFT Loot Arena statistics LTT specific statistics Auctions of re-listed NFTs in auction Auctions with a reserve price for brands A brief story about our journey We're always on the lookout for people to join our team Loot NFT in online media and the press Helpful videos and creator's spotlighting with Canvas Stories We're always available Read about our Legal Terms and conditions About the Loot NFT Ecosystem What makes us different? What are NFTs (Non-Funginle Tokens) ? A Miner's Guide 4. Sign up & Log in 4. 1 Whitelisting 4. 3 One-Time Password (OTP) Past Auctions Sign Up Upcoming Log In Register only if you know your email address has been whitelisted. One-Time-Password is sent by email. Enter your whitelisted email Choose a username Choose a password Country Continue Continue 15 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. Enter 6-digits OTP A Miner's Guide Sign up & Log in 4. 3 Buy BUNs Buy BUN with Credits. One Credit equals 1 USDC ERC20. 4. 4 Logging In Amount in BUN Bonus in BUN Amount in BUN to Wallet Enter number of packs Amount in Credits Enter Username or Email Enter Password Reset Password Access site after inputting your email OTP 1 PACK/S Bonus 25 5.00 Pay Now +75 You Will Receive 100 Total 16 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. Password Forgot password? Email Continue A Miner's Guide 5. The Auction Card A Miner's Guide 5.1 Join Auction Paywall 17 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. Current number of BUN collected at auction Places NFT in Favorite's list Creation tokenized as an NFT Scroll for different information for the creation Member with current bid. The Title, followed by # in the set Creator's name and country The set name the NFT belongs to Brief description of the creation Time left on auction. Time Auction has been live. Certificate by the artist of ownership, non-reproduction and exclusivity to sell on LootNFT Co LLC The LNFTxHABN public address of the NFT An external link provided by the creator (biography, webpage, etc.) P, denotes physical original in custody R, denotes a resale from a member Member with current bid This is the battle pit showing the 12 most recent bids Member's username Bid Bot user Paywall to join auction. BUN paid is added to the auction proceeds. The paywall increases over time. + Watchlist 01:00:59 left Live for 17 hours 1,200,000 THE 01 By Shubham Hanuman (MRU) Set Name Breathe Latest bid by @billbridget Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam tincidunt, neque imperdiet posuere hendrerit, lacus elit condimentum augue, sed porttitor magna purus eu felis Creator Link. Provenance. Legal P R @billbridget @jeanflorian3333 @bitcoinguyff BID BOT @bit_bot @billbridget @jeanflorian @bitcoinguyfgg BID BOT @bit_bot @billbridget @jeanflorianvbgdd @bitcoinguy1123 BID BOT @bit_bot JOIN AUCTION For 10 For 20 Fee Doubles in 00:19:59 The auction paywall increases over time locking out new members from joining LOCKED Why? Joining this auction is now above the maximum BUN cap allowable per member. The Auction Card 5.2 Re-listed Item Paywall Joining fee for re-listed NFT on auction. . Current bidders appear here once auction goes live Time remaining for reserve to be met. If not met, this is delisted. + Watchlist 10:00:00 Awaiting Reserve 1,200,000 THE 01 By Shubham Hanuma (MRU) Set Name Breathe Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam tincidunt, neque imperdiet posuere hendrerit, lacus elit condimentum augue, sed porttitor magna purus eu felis Creator Link. Provenance. Legal P R JOIN AUCTION For 20,000 The reserve price is 200,000 BUNs. Auction will start after reserve is met 95% of Reserve met Be the first to bid for this amazing NFT Current number of BUN escrowed to meet the reserve price Members that re-lists an NFT for auction, can't participate in that auction LOCKED Why? You cannot join this auction since you are the re-lister 18 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide The Auction Card 5.3 Bid Bot Set-up & Bidding Allocate BUN to this auction (this will escrow BUNs from your account) to be spent on that auction Bids 1 BUN at a time Stop Bid Bot actions Your BUN balance remaining for that auction Clears BUN allocated to this auction. The escrowed BUN balance is released back to your account. BID BOT ACTIVE BID BOT INACTIVE Amount of BUN you want to bid at this auction Sets the Bid Bot to bid for you in the last 15 seconds of an auction + Watchlist 01:00:59 left Live for 117 hours 1,200,000 THE 01 By Shubham Hanuman (MRU) Set Name Breathe Latest bid by @billbridget Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam tincidunt, neque imperdiet posuere hendrerit, lacus elit condimentum augue, sed porttitor magna purus eu felis Creator Link. Provenance. Legal P R @billbridget @jeanflorian3333 @bitcoinguyff BID BOT @bit_bot @billbridget @jeanflorian @bitcoinguyfgg BID BOT @bit_bot @billbridget @jeanflorianvbgdd @bitcoinguy1123 BID BOT @bit_bot CLEAR Bid Balance: BID NOW ALLOCATE SET BOT BUN Allocate Now CLEAR Bid Balance: BID NOW ALLOCATE SET BOT BUN 200,000 CLEAR Bid Balance: BID NOW ALLOCATE STOP BOT BUN 200,000 Button is active 19 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 6. Past Auctions A member can indicate whether they'd be interested if the owner of the NFT were to re-list it NFT Owner Once an item has been sold, we calculate the USDC ERC20 rate for the BUN received. This is based on an Effective Bid Value (EBV) of BUN to USDC ERC20. 1200 USDC 7,299 SOLD FOR THE 01 By Shubham Hanuman (MRU) Set Name Breathe Sold to On 1st April 2021. 14:29:14 @billbridget, block 108 Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam tincidunt, neque imperdiet posuere hendrerit, lacus elit condimentum augue, sed porttitor magna purus eu felis Creator Link. Provenance. Legal P 12,000 Interested I'm Interested 20 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 21 7. Re-listing Card The maximum allowed is the value the NFT achieved in the previous auction The minimum amount of members you want to have a seat at your re-listed NFT for auction. There's a minimum of 30. We calculate the amount each member is to escrow in order to join your re-listed NFT for auction Blockchain to send the NFT Public address to send NFT Number of members interested to participate if you were to re-list The fee to pay for an NFT to be re-listed Re-list button Initiates the transfer of the NFT Download file button 1200 USDC 7,299 SOLD FOR THE 01 By Shubham Hanuman (MRU) Set Name Breathe Sold to On 1st April 2021. 14:29:14 @billbridget, block 108 Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam tincidunt, neque imperdiet posuere hendrerit, lacus elit condimentum augue, sed porttitor magna purus eu felis Creator Link. Provenance. Legal P INITIATE TRANSFER RE-LIST To Cardano Address 1,200 MAX 1200 BUN DOWNLOAD You own the rights to this creation. Reserve Price 30 Min. 30 Members Minimum Seats 40 BUN Auction Joining Fee/Member Re-listing Fee....0 BUN add0cajdcjadlllai....ibcihdbci Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 22 8. Badges, Burned Cards 1 Reward 2 Reward 3 Reward 4 Reward 5 Reward 8.1 Degrees Degrees are unlocked by completing a simple majority of NFTs in a set (e.g., 3 out of 5 NFTs). Each degree gives miners more BUN rewards from the Oven in addition to better mining ratios. If they complete the full set, you get a jaw-dropping mystery gift. 8.2 Badges You get benefits for certain activities. If it is lit up, you got it. Conditions may apply. Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. Pioneer Badge EXPIRES 31.12.22 Lifetime Free NFT Relist Mystery Gift Acquired 3 Referral Bonus EXPIRES 31.12.22 This badge gives 10% rewards in Credits on all invitee purchases up to 31 December 2022. After that, 2% in Credits on an invitee's first purchase. . Number of mystery gifts obtained Members belonging to a Hyper-Exclusive Club Bonus of 5 BUN per each USDC spent by a member's invitees on their first purchase. Ends 31 December 2022. Members can re-list NFTs for auction for free Your current BUN-LTT mining ratio 13:1 Mining Ratio Genesis Army A Miner's Guide 23 Badges, Burned Cards 8.3 Pre-conditions KYC indicator. A green tick shows that KYC checks have been completed. A red cross means that this has not been completed. Whitelist. A green tick indicates that member has whitelisted a USDC address to receive payments from us. A red cross indicates otherwise. KYC WHITELIST Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 24 Badges, Burned Cards 8.4 Re-listed NFTs Re-listed NFT AWAITING AUCTION THE 01 By Shubham Hanuman (MRU) Set Name Breathe Owner On 1st April 2021. 14:29:14 @billbridget, block 108 Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam tincidunt, neque imperdiet posuere hendrerit, lacus elit condimentum augue, sed porttitor magna purus eu felis Creator Link. Provenance. Legal P RELISTED Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 25 Badges, Burned Cards 8.5 Burned NFTs 1200 USDC 7,299 LAST SOLD FOR THE 01 By Shubham Hanuman (MRU) Set Name Breathe Burned by On 1st April 2021. 12:34:45 @billbridget Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nullam tincidunt, neque imperdiet posuere hendrerit, lacus elit condimentum augue, sed porttitor magna purus eu felis Creator Link. Provenance. Legal P Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. BURNED When an NFT is transferred off-ecosystem it is considered burned. It can't be reintroduced within the Loot NFT ecosystem. NFTs sent off-ecosystem are shown as a burned NFT on LNFTxHABN. The last owner to burn the NFT on Loot NFT A Miner's Guide 26 9. Wallet The current Oven that distributes BUN every Sunday at 00:00 UTC Member's last share of the Oven USDC ERC20 collected in auctions Credits earned Credits Spent on the platform to buy BUN or LTT or pay for shipping HISTORY Download CSV Date BUY BUN 18,000 USDC 90,001 BUN 39,000 BUN Date SEND BUN To Address 14.500 BUN 129,001 BUN Date BID BUN NFT Type 1 BUN 114,501 BUN Date SEND BUN To Address 14.500 BUN 114,502 BUN Date BONUS BUN Oven Rewards 14.500 BUN 129,002 BUN 39,000 AVAILABLE BALANCE BUY SEND STAKE Current Oven 12,000,000 Last Oven Share 1.23 % Credits used 12,304.99 Credits Balance 304.94 Auction Proceeds 60.05 Use Get Paid 1,000 In Auctions 300 LTT Tickets Balance 4092 LTT Staked Date Type Buy Credits, BUN or LTT Send LTT off-site Stake LTT (for a share of all BUN sales and LTT used as gas, paid in Credits, and Stake for sale to receive Credits) BUN in auctions Ticket Available Balance Staking Overview Buy BUN or LTT shortcut Transaction Credit Debit Balance Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 27 10. Pro le Username mylootaccount1234 John Doe johndoe@gmail.com *********** 1234, Galliard Street,Florida, USA Name Email Password Address EDIT ONCE ONLY EDIT ONCE ONLY CHANGE ENTER ENTER +1 834 8999030 Telephone ENTER BUN public address 0xd0kdkdnviooooow...o878498783nn COPY CHANGE CHANGE Account Info WARNING. You must provide us with accurate information. Some items are not editable and others can only be edited once. Two-factor Authentication All member accounts require two-factor authentication (2FA) to log in. You currently have email one-time password (OTP) as your 2FA. Enable Google Authentication instead of email OTP? ON OFF ON OFF ON OFF ON OFF ON OFF Email Settings When a watchlist item goes to the arena? When I win an NFT? When I get paid USDC? ]When my wallet is out of BUNs? When I send LTT off-platform? Set Up Username and name can only be edited once only Change password Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. Copy LNFTxHABN public address For security purposes, there is a 2FA linked to a member's account with google authenticator Turn on/off email notification A Miner's Guide 28 Pro le Invite Members (Fee: 6 LTT) Whitelist email addresses for your invitees to join Loot NFT. One LTT will be credited to them. Total invites: 223 Download CSV of all white listed email addresses. Whitelist Enter Invitee's Email Address Start the KYC process A green tick indicates that a member has completed the KYC process successfully. Pending means that we're reviewing the information provided and may resolve in a green tick thereafter. Delete your account on Loot NFT Delete Account We're sad to see you go! Note that due to our GDPR policies, this action can't be reversed. All BUN, Credits, LTT, outstanding USDC ERC 20 payments, and NFTs in your account will be forfeited back to the Loot NFT ecosystem. Delete Know Your Customer (Background Check) To transfer NFTs or LTT off-platform and receive payments in USDC ERC20 for re-listed auction items or commissions, you must verify your identity and pass a standard background check. You will be directed off-site, and it should take a few minutes to complete. Start The Process KYC PENDING KYC OR This is where you whitelist an email address to invite others to Loot NFT Number of email addresses whitelisted Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 29 11. Statistics Amount of BUNs in the possession of Loot NFT Co LLC. Return Wallet Current amount of BUNs in the Oven Number of NFTs we have in custody The value of each BUN in an auction LTT Burned Credits Given To Members For Pioneer Badge and Staking Amount of LTT Staked The fractional reserve in USDC ERC20 or Physical Items that is used to back each LTT LTT Mined LNFT Distribution Wallet 498,329,223 The Oven 321 NFT In Custody 36 Effective Bid Value 0.0727 BUN/USDC Mined 528 LTT Burned 23,838.08 USDC Total Credits Given 321 Total Credits Given 4 In Arena 1,032,607 LNFT Return Wallet 74,406 LTT Staked 0 LTT Available For Sale 36,300 LTT Circulating Supply 37,578 LTT Redemption Efficiency 0.20199 Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 30 12. Loot Vault Name of creation Set NFT belongs to Type of NFT, Digital or Physical NFT blockchain address (if an NFT is burned it will show "burned"). If a physical address, where it is located or its status. Owner, if any. If an NFT is burned it will show "Burned" Name Type Physical Item Location Owner Set NFT The 01 by S.Hanuman Digital & Physical Loot Vault (USA) @dark_angel Breathe (#1/4) LNFTxHABN (Addr3324...) Alpha by S.Hanuman Digital Not Applicable @dark_angel Breathe (#2/4) LNFTxHABN (Addr3324...) Beta by S.Hanuman Digital & Physical On Display (XTM Gallery, Coromandel, Mauritius) Not Applicable Breathe (#3/4) LNFTxHABN (Addr3324...) Let's Go by S.Hanuman Digital & Physical In Transit Not Applicable Breathe (#4/4) LNFTxHABN (Addr3324...) Search Loot Vault Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide 31 13. The Oven Members Members BUN Spend BUN Relay Rewards (90% of Oven) BUN Sale BUNs accumulate in the oven and is released every Sunday Activities System Credit Lowest Balance Sometimes the system collects BUNs (for example, fractionals following share calculations) and these are sent to the Oven. 10% of oven is sent to members based on a pro-rata calculation of their lowest BUN balance over the past 30 days to that of all lowest balances over the past 30 days. 10% of oven is sent to members based on a pro-rata calculation of their cumulative spend Members (10% of Oven) Copyright, 2021. Loot NFT Co LLC, All Rights Reserved. A Miner's Guide We're as unique as the NFTs we list. Come join in the fun! For more information, refer to our white papers or contact us. www.lootnft.io info@lootnft.io Wyoming, USA Copyright 2021. Loot NFT Co LLC, All rights reserved.