Community Announcement: Popbit Genesis NFT Dynamic Shift FAQs
April 24, 2024

Community Announcement: Popbit Genesis NFT Dynamic Shift FAQs

Get your concerns and questions about the latest dynamic shift in the Popbit Genesis NFT Collection answered here.

Dear Pop community, we hear your concerns over the latest dynamic shift surrounding our Pop Genesis NFT Popbit Collection. Regarding all your numerous discussions on our official networking platforms, we'd like to take a moment to clarify everything you'll need to know to prepare for the arrival of the Pop Genesis Popbit NFT.

Please note that every move we make is to give our users the greatest most seamless Pop Social experience. Our platform promises security and empowers every one of our users to generate high value from their creativity and innovation. This dynamic shift in our Popbit Genesis NFT plan will ensure a more secure and streamlined experience for you.

Why Make the Shift of Holding Popbit NFT to Claim $PPT?

The decision to require holding the NFT to claim $PPT is a response to the presence of bot accounts. This ensures that only committed members of the Pop community, rather than free riders, benefit from the platform's perks. It's a step towards maintaining the value of rewards for our loyal users.

The shift aims to create a balanced and dynamic Pop Social Ecosystem by rewarding early and dedicated users, discouraging exploitation for free perks, and eliminating bot accounts. The goal is to foster a vibrant, fair, and dynamic earning environment within the platform. Thank you for being an essential part of the Pop community.

Why Introduce Paid Mint?

We want to emphasize that the introduction of a paid mint is not intended to generate profit for Pop. The price is intentionally set at a low value, around 10 dollars, primarily as a measure to prevent Sybil attacks. Over the past few months, our platform has attracted thousands of bot accounts, impacting the $PPT earning pool. Setting a minimal cost is a strategic move to discourage bot accounts and create a threshold for genuine community members.

What Is the Mint Price for Popbit NFTs?

The mint price for Popbit NFTs is set at 0.005 ETH.

On Which Blockchain Can I Mint Popbit NFTs?

Popbit NFTs can be minted on the Ethereum blockchain.

Do I Need to Hold the Popbit NFT to Claim Earned $PPT tokens?

Yes, holding a Popbit NFT provides the right to claim earned $PPT tokens on-chain.

What Is the Supply of Popbit NFTs?

The supply of Popbit NFTs is limited to 1,000 dynamic pieces.

Only 1,000 Holders Can Claim $PPT?

Yes, only the initial 1,000 NFT holders will have the direct right to claim $PPT. However, others can explore the secondary market to acquire the NFT. Additionally, we may or may not launch more NFT collections in the future, so stay tuned for updates.

What Other Utilities Does Popbit NFTs Offer?

Popbit NFTs offer a range of utilities, including the ability to claim earned $PPT. Other perks include automatic whitelisting for future NFT drops, an early participation badge, an exclusive Pop DApp badge, and priority access to upcoming accessory NFTs.

I'm Whitelisted; Am I Guaranteed a Mint for a Popbit NFT?

Whitelisted users will have a first-come, first-serve (FCFS) opportunity during the minting process. It's crucial to act swiftly to secure your Popbit NFT.

Why Should You Buy a Popbit NFT?

As mentioned, we will likely launch more NFT collections, but the Popbit collection will hold the best utilities of all. Buying a Popbit NFT ensures that you not only hold a part of our Genesis Collection but also gain access to the most rewarding and exclusive feature, which is the ability to claim earned $PPT, as we continue to evolve.

Thus, as you can see Poppers, this dynamic shift is to combat bot presence and make the Pop Social Ecosystem friendly for real users whilst also protecting the value of $PPT. By doing so, our community can thrive from real and active users using $PPT and boosting its circulating supply.

We hope this clears up any confusion or concerns. We appreciate your understanding and support as we navigate these developments. As always, we are most grateful to our community for being an essential part of our journey and for sticking by us as we find dynamic solutions to unforeseen challenges together. Thank you once again. Let's take $PPT beyond the moon Poppers!

Download the Pop DApp:

Apple App Store, Google Play Store