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STEPN × Atlético de Madrid NFT Sneakers
By Whalefin NFT
01
Preparation phaseAug 18, 00:00 - Aug 26, 00:00 (UTC+8)
02
Subscription Phase Aug 26, 16:00 - Sep 2, 16:00 (UTC+8)
03
Calculation Phase Sep 2, 16:00 - Sep 3, 16:00 (UTC+8)
04
Annoucement PhaseSep 3, 16:00 (UTC+8)
How to subscribe to WhaleFin’s NFT?
The activity has not started yet. You may make the following preparations in advance.
Aug 18, 00:00 - Aug 26, 00:00 (UTC+8)
Download WhaleFin App
To participate, users need to download the WhaleFin App.
Identity Verification
Verify your account after registration (go to Identity Verification).
Deposit
Deposit at least 1008.99 USDⓈ to subscribe to the event. Each ticket costs 999 USDⓈ, and the trading fee is 1% (9.99 USDⓈ). Each regular user may buy up to 20 tickets, and each WhaleFin Club member may buy up to 30 tickets.
Purchase Price:$999
Trading Fee:1%
Purchase Limit:20
Intro
STEPN is a move-to-earn health and fitness application. Users sporting NFT Sneakers can earn rewards such as tokens and NFTs by getting up, moving outdoors, and burning energy. STEPN has joined forces with Atlético de Madrid to launch the exclusive Genesis NFT collection. This Sneaker collection includes Atlético de Madrid style Common/Uncommon/Rare Walkers, Joggers, Runners, and Trainers to be used in STEPN (Ethereum Chain). In the first round, we will distribute 200 pairs of sneakers in total, consisting of 180 pairs of Common sneakers, 19 pairs of Uncommon sneakers, and 1 pair of Rare sneakers. We will distribute 180 pairs of sneakers to WhaleFin users, including 1 pair of Common sneakers reserved for our social media event (whitelisted WhaleFin user). The other 20 pairs of Common sneakers are reserved for STEPN users as exclusive benefits. More sneakers will be distributed in the future.
About Genesis Sneaker NFTs
STEPN has two kinds of sneakers: OG sneakers and Genesis sneakers. There are only 20,000 pairs of Genesis sneakers available, while the co-branded Genesis ones are also limited. In this round, we will distribute 200 pairs of sneakers in total, consisting of 180 pairs of Common sneakers, 19 pairs of Uncommon sneakers, and 1 pair of Rare sneakers. We will distribute 180 pairs of sneakers to WhaleFin users. Among these 180 pairs, 1 pair of Common sneakers will be reserved for our social media event. The other 20 pairs of sneakers are exclusive for STEPN users. More sneakers will be available in the future. Users holding the Atlético de Madrid Genesis sneakers can run for rewards in the STEPN App. You will also be eligible for special benefits from Atlético de Madrid: - Common sneakers holders can enjoy digital perks at Atlético de Madrid digital store. - Uncommon sneakers holders can get Atlético de Madrid jerseys. - Rare sneakers holders can get jerseys autographed by the captain of Atlético de Madrid, etc.
Rules
Subscription Timeline and Details
Subscription: Aug 26, 2022, 16:00 (UTC+8) - Sep 2, 2022, 16:00 (UTC+I16+8) Qualified users are eligible to buy participation tickets to join the STEPN sneaker sale. The ticket is also an NFT that will make users eligible for more benefits in the future. One ticket costs 999 USDⓈ, and a 1% trading fee (9.99 USDⓈ) will be charged. Each regular user may buy up to 20 tickets, and each WhaleFin Club member may buy up to 30 tickets. During this phase, users can buy their participation tickets by clicking on [Subscribe]. Only users with tickets are qualified to participate. All valid participation tickets will enter a pool and have a chance of winning. For non-wining users, ticket fees will be refunded by the end of the Distribution Phase (trading fees excluded). These users can keep their ticket NFTs which will enable early access to future NFTs and more WhaleFin benefits. Please note that users can only use USD stablecoins in their WhaleFin available balance to buy tickets and complete the subscription. Please ensure that you have sufficient USD stablecoins in your WhaleFin Wallet. Calculation: Sep 2, 2022, 16:00 (UTC +8) - Sep 3, 2022, 16:00 (UTC +8) The system will select the winning tickets from the ticket pool in a fair and just manner. The holder of a winning ticket will receive a STEPN Shoebox. Announcement: Sep 3, 2022, 16:00 (UTC+8) Distribution: Sep 4, 2022, 16:00 (UTC+8) Notes: Holders of a winning ticket will receive the Sneaker NFT(s). Users who do not win will have their USD stablecoins refunded to their WhaleFin Wallet.
Winner Selection Rules
The ticket count starts from 100,000 by positive integer. 1. After the event, use the hash value generated by the closest BTC as a hexadecimal number and convert it into a long integer as the base seed, denoted as “S”. 2. The total number of tickets subscribed is “N”. 3. The number of qualified tickets left is “T”. The initial value of T in the event is 1000. 4. Use the SHA-256 hash algorithm to generate the hash value of “S”, denoted as “H”. Then use “H” as a hexadecimal number and convert it into a long integer “L”. The winning number is “W” and “W = L*T % N”. If W has already been selected as a winning number, then the bigger ticket number closest to W will be the winning number. 5. The new base seed will be set to “S = H”. Step 4 will be repeated until all winners are selected, i.e., when L=0. “%” is the remainder. The selection process is fully public and verifiable. After WhaleFin announces the total number of participation tickets subscribed and the specific selection time, anyone can verify the results after the subscription period ends.
FAQs
What is STEPN?
What is Atlético de Madrid?
What is Genesis Sneaker?
How many tickets can I buy?
How many sneakers will be distributed?
How much does one ticket cost?
If I don’t win, when will my tickets be refunded?
What can I do with the sneakers?
What happens if I don’t win?