Premium Card
Premium Card System
Dividend cards are sold in open competition. The cards that are sold in ladder games have a total of seven cards: Odd / Even Card, 3-Line / 4-Line Card, Left / Right Card, and Master Card. There are only one card for each for a sale.
★Card Retention benefits:
The holder of each card is paid as a commission (in eos) of 0.5% of the total eos bet placed on the corresponding card category.
It is paid continuously while the card is held, and the MasterCard is paid a 0.5% commission (eos) of the total bets placed on the ladder game.
ex):
The holder of a odd card shall make a commission of 0.5% of the amount bet on the odd and the holder of the left card shall make 0.5% of the amount bet on the left.
The Master Card will make a 0.5% commission on all bets on entire Ladder Games.
In addition, users with Odd & Master Cards can make a commission 1% of odd and 0.5% OF other bets placed on the rest of the games.
★Purchasing Method:
Open competition.
If the first buyer gives 100 Felix and makes a purchase, the second buyer can transfer its ownership from the first buyer by paying an additional 10% to the original price of the first buyer.
ex1):
Buyer A: Buy an odd card with 100Felix -> Buyer B: When purchasing an odd card with 110 Felix, ownership will be transferred to Buyer B.
ex2):
An ownership taken to buyer B with 110Felix could be transferred to Buyer C by paying 121Felix (110Felix + 10%).
Dividend card has no price limit on purchase and you can take ownership by paying additional 10% of purchase cost paid by previous owner.
★Purchase Distribution Policy:
The purchase amount is paid to the existing owner by principal + (50% of the difference) and the rest is distributed to the team.
ex):
Buyer A pays = 100 Felix.
Buyer B pays = 110Felix.
In the case above, 105 Felix is paid back to Buyer A and 5 Felix distributed to the team.
★ The final buyer takes the ownership (if no competitor appear) holds the card until 300% of the purchase price (calculated as 1felix = 0.005eos) and will be returned to team.
ex):
Final Card price = 500,000 Felix
In the above case, if the profit generated by the card achieves 2,500eos, the dividend card is automatically transferred to the team and will be out for a sale again from the initial card price
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•Twitter : @flxeos_official
•whitepaper : https://felixball.io/whitepaper/en.pdf
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