Bidding for double-utility Sumeragi NFTs is here for 4 days!

2023-02-01

Bidding for double-utility Sumeragi NFTs is here for 4 days!

The auction of the new Tenset TGLP Sumeragi NFT collection has commenced and will last for the next 4 days! Users can now place a bid in 10SET or 10SETx token here: https://marketplace.tenset.io/auctions

The auction system has been upgraded and can now facilitate bids from non TGLP subscribers using the 10SET token. Similar to 10SETx users, a minimum bid of 5000 10SET will be required (as this is what a TGLP subscription requires).

Users can also now bid and win in more than 1 auction simultaneously. For each additional bid, minimum 5,000 10SET/10SETx is required (this is considered in place of a TGLP subscription which is 5000 10set).

As with previous TGLP auctions, it is also open for TGLP subscribers and 10SETx users. Subscribers will need to place a bid in 10SET or 10SETx tokens, and if they successfully win a bid, those tokens as well as their 10SET tokens locked in TGLP will be burned in return for the lifetime NFT. 10SETx users can participate by placing a minimum bid of 5000 10SETx. More info about 10SETx can be found here: https://marketplace.tenset.io/tenset-x

Tenset Sumeragi collection will carry a powerful DOUBLE UTILITY:

  • Lifetime subscription to Tenset Gem Launch Platform including all launches, with no need to lock tokens or subscribe each year.
  • Can earn a share of the 1% 10SET token transaction tax. In the near future it will be possible to lock the NFT on Infinity and earn a share of these rewards. This perk is reserved for Tenset Original NFT collections (which currently includes Genesis and Sumeragi collections right now).

The auctions for these 500 NFTs has begun and will last for approximately 4 days.

  • A batch of approximately 11 NFTs will be listed every 2 hours on https://marketplace.tenset.io/auctions
  • Each bid sets the timer to 20 minutes, with a maximum duration of 2 hours
  • Bids can ONLY be placed in 10SET or 10SETx tokens
  • A TGLP subscriber can place the first bid at 0 10SET, or non subscribers at 5000 10SET/10SETx.
  • If no other users place a higher bid before the time elapses, the first individual successfully wins the auction.
  • However, other users will have the option to place a higher bid.
  • The second bid must be a minimum of 100 10SET.
  • The following bids must be at least 10% greater than the existing bid.
  • When a new bid is placed, all 10SET/10SETx tokens sent by the previous bidder are automatically returned.
  • Users can bid and win in more than 1 auction simultaneously. For each additional bid, minimum 5,000 10SET/10SETx is required (this is considered in place of a TGLP subscription)

REMEMBER: these NFTs have not been minted yet! It is NOT possible to trade them on OpenSea or any other exchange right now. Be careful of scams. Minting of the NFTs for those who successfully win an auction will be possible next week. More details explaining exactly how to mint will be shared at this time. We will also have an update about the exciting new rewards platform for NFT holders!

Good luck to everybody who will participate in the auctions this week! We hope you enjoy the beautiful designs and powerful new utility these will bring, and appreciate your contribution to what will no doubt be a massive 10set burn, as all proceeds are of course BURNED!


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