OKX, one of the world's leading platforms for decentralized applications (dApps), decentralized finance (DeFi), and GameFi, is enhancing the FIFA World Cup experience for fans through its innovative NFT Football Cup. This initiative, part of The OKX Football Festival, allows millions of football enthusiasts to engage with the tournament while earning from a lucrative prize pool.
How the OKX Football Cup Works
Football fans can participate by predicting match outcomes across various stages of the World Cup, including the group stage, knockout rounds, and the third-place match. Here’s how to get started:
- Mint Free Team NFTs: Connect your wallet to OKX and mint free NFTs representing your favorite teams.
- Predict Match Outcomes: Use your team NFTs to predict winning teams and compete for prizes.
Step-by-Step Participation Guide
- Visit the OKX NFTs Page: Navigate to the OKX Football Cup section for a free mint.
- Use the OKX App: For additional free mints, download the OKX App and mint up to three team NFTs simultaneously to save on gas fees.
- Stake 0.01 ETH: Each mint requires a stake of 0.01 ETH. Staking is refundable after the event.
Prize Pool and Rewards
- Group Stage Prize Pool: 20,000 USDT per match, with an additional 10 USDT added for every NFT minted.
- Snapshot Mechanism: Before each match, OKX captures a snapshot of NFT team owners. Winners share the prize pool if their team wins. In case of a draw, each team’s NFT holders split 10,000 USDT.
Key Dates
- Group Stage: November 21 – December 3, 2022.
- Knockout Rounds: December 3–18, 2022.
Why Participate?
- Free NFTs: No cost to mint your team NFTs (excluding gas fees).
- Win Prizes: Compete for a share of the 20,000 USDT daily prize pool.
- Engage with the World Cup: Enhance your viewing experience by backing your favorite teams.
👉 Join the OKX Football Cup today
Frequently Asked Questions (FAQs)
1. How do I mint team NFTs?
Connect your wallet to OKX, navigate to the NFT Football Cup page, and follow the instructions for a free mint. You can mint up to three team NFTs.
2. What happens if my team’s match ends in a draw?
If the match ends in a draw, NFT holders of both teams will split 10,000 USDT each.
3. Can I sell my team NFTs?
Yes, team NFTs can be traded on the OKX NFT Marketplace.
4. Is staking mandatory?
Yes, each mint requires a stake of 0.01 ETH, which is fully redeemable after the event.
5. How are prizes distributed?
Prizes are distributed proportionally among NFT holders of the winning team(s) based on the snapshot taken before the match.
6. Can I participate without the OKX App?
While the first mint is available on the web platform, the other two free mints require the OKX App.