XUT Raffle NFT – Asset ID 1037778488

Description

Please ensure you add the NFT Asset ID to your wallet: 1037778488

NOTE: Viking Treasure Points cannot be redeemed for XUT Raffle NFTs. If cart contains XUT Raffle NFTs then coupons will not be able to be applied.

The XUT NFT Raffle is held every month. Next draw will take place on 19th June 2023.

The XUT Raffle NFT is also on sale on our AlgoGems at https://www.algogems.io/nft/1037778488/sale/1106790954

833 NFTs are put up for sale every month on AlgoGems and the XList Store. Each NFT purchased will give entry into all future monthly XUT Raffle draws. Each NFT will also give free entry into the XUT Suit Vault Lotto with the chance of winning a Vestige Vault with 182k XUT tokens (3500 XUT redeemable every week for one year).

Each NFT offers 3 XUT daily rewards from the Algo Faucet.

50% of all sales will go to the monthly Prize Pot (maximum per month is 12500 Algo). The Prizes are shown below however if all tickets are not sold then prizes will be based on percentage of the Prize Pot:

• 1st Prize: 6250 Algo (50%)
• 2nd Prize: 3750 Algo (30%)
• 3rd Prize: 1250 Algo (10%)
• 4th Prize: 625 Algo (5%)
• 5th Prize: 625 Algo (5%)

Additionally, 50% of sales (maximum 12500 Algo) will be used for a XUT token buyback, adding liquidity to the XUT-ALGO Liquidity Pool on Tinyman and to the XList Vote Prize Pot. If all tickets are not sold, the prize amounts will be based on the percentage of the sales.