💰Prizes
To the Victor go the spoils (pun intended)
Every time someone mints a ChloeCEO NFT, a portion of AVAX is put directly into the prize pool. This amount will be shown on the TycoonNFT/ChloeCEO site, along with a breakdown of the current prizes for each of the top 10 positions here:
https://tycoonnft.com/chloeceo/toplist
When an NFT is minted with just AVAX, a portion is put into the prize pool to split across the top 10 players.
When an NFT is minted with AVAX / Biz, the contract automatically burns the Biz and puts a portion of the AVAX into the prize pool. This is a deflationary measure for Biz.
Once the game ends, the prizes will be distributed to the top 10 NFTs with the highest level. In the event of a tie, the NFT with the lower mint number will break it.
For the ChloeCEO event, we'll have a special random NFT drawing winner who will be awarded an AVAX prize based on the number of mints. This winner will NOT be anyone in the top 10, only non-winners addresses will be eligible for the random prize.
For example, If AVAX was at $40, and all 2,500 ChloeCEO NFTs were minted in the first 3 days (half with AVAX, half with AVAX / Biz), This would be the approximate prize distribution chart for the top 3 in AVAX:
1st
340 AVAX ($13,600)
2nd
170 AVAX ($6,800)
3rd
85 AVAX ($3,400)
The above payouts will be in effect starting on round 2 of ChloeCEO!
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