On 3AM 13th Oct 2022 UTC+7 to be exact, SingSing is going to release a new feature where people can generate microphone NFTs into one brand new, or minting in short.
Minting feature opens a new horizone of potential where users can find their experiences with SingSing become much more interested.
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Before we start, how about agree upon calling microphone NFTs generations by these following terms:
- Parent micros: F1
- Children of F1: F2
- Children of F2: F3And so on
Strategically speaking, how can minting and trading benefits users?
Can’t deny a point where we all know that getting 2 micros to level 5 and ready to mint is NOT easy. Knowing and putting that aside, let’s take a look at how a brand new baby minted microphone NFTs can be beneficial.
To evaluate how a minted micro turn out, below is the main status you should check the quality of the f2.
- High Earning Effect (E.E) numbers: A micro that has good E.E can earn much more $SING token than the others.
- Low Resilience: The fixing cost will be less
- Additional Energy: With 1 microphone, each account will have 2 Energy / day, if player/ users have more microphone, more energy will be added. Each account can reach up to 12 energy / day.
For more detail in how to analyse your mic, check: here
After considering the value of the new micro, either you keep the micro to yourself or sell it for another person, both of the options will bring back $SING token to you.
Hence, by minting you get a chance to own a microphone NFT that is in higher Tier and Type, and that leads to better earning.
“How can i mint microphone NFTs”
Before we start minting, here’s a few ingredients you’ll need:
- 2 NFT Microphones at least level 5 (Level allowed Minting)
- 2 Minting Kits Required.
- The Minting Kits need to match the Microphone’s tier participating in minting (Microphone Bronze requires Minting Kit with tier Bronze and Microphone Siler requires Minting Kit with tier Silver). Each micro need its own Minting Kit to start minting.
- Minting cost is the average of the total cost of minting Microphone A and the cost of Minting microphone B.
- Minting has a cooldown of 48 hours between each time.
For parent mics, this is the new price list of micros that’re available on, as an example
- Bronze: 4.130 $SING token
- Silver: 7250 $SING token
- Gold: 11.080 $SING token
- Platinum: 15.630 $SING token
- Diamond: 20.830 $SING token
About the Minting Kits, please look at the info below:
Minting Kits:
- Minting Kit has 05 tiers: Bronze, Silver, Gold, Platinum, Diamond (that matches the Microphone tiers).
- Minting Kit can be found from Mystery Box, it is not a guaranteed drop.
- Minting Kit can be purchased at Shop by SingSing distributor (during Testnet phase).
- Minting Kit is only used once and will be burned after use.
Minting cost after each Microphone turn will be higher. Basically, we can imagine Minting Kits are like… lubricants, or oil that helps the gears in the factory runs smooth. To see how to use minting kits, please check the below image.
How can we start minting and how does it work?
Basicly describe, the process of minting is when user spend 2 microphones NFTs to get a box that has potentially contains a higher quality item than the first 2, or the parents.
After the cross-minting process is finished, users receive a Microphone Box. The quality of the outcome based on the pair of microphones used to mint. Though, after minting the original micros won’t disappear. Each NFT Micro can participate in Minting 5 times before their life span ends.
The percentages of hybrid between micros based on theire tiers, types is listed on SingSing’s Whitpaper. Please take a look here for details and official information: SingSing Whitepaper .
End:
After your minting process is over, it is time to share with everyone how’s your hard work paid off.
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