Here you can find common questions about the upcoming auction.
Mercedes-Benz NXT is a brand of Mercedes-Benz dedicated to building a presence within the Web3 community. It represents a long-term commitment by Mercedes-Benz in the space. For more information, please visit the Mercedes-Benz NXT website at https://nxt.mercedes-benz.com.
Fingerprints DAO is an online community and platform for collecting and creating digital art. It is made up of over 250 members with a shared treasury and a decentralized governance model. It is well known for its collection of highly prized NFTs and its studio that launches collections in partnership with trending artists.
The collection will be capped at 1,000 unique generative pieces.
The collection will be sold in its entirety thourgh a live Dutch auction, a type of auction where the price of an item is gradually lowered over time until a buyer is found. In the context of NFTs, this means that the price of the NFTs auctioned will decrease over time during the auction period, and collectors will be able to acquire their pieces when the price reaches whatever level they're happy buying at.
Yes, collectors will also be entitled to a rebate if the price they paid is larger than the final auction price. The rebate funds will be stored trustlessly in our mint smart contract, and the rebates will be able to be claimed directly from it through this website.
At the end of the auction, buyers who paid more than the last sell price can claim a refund equal to the difference between their purchase price and the last sell price. This process is done trustlessly using the auction contract. During the auction, participants will be able to observe the amount of rebate they have pending as the price decreases, and will be able to claim more NFTs for the same committed ETH if they wish to.
No, you must have a cryptocurrency wallet to participate in the auction.
Yes, there is a total amount limit of US$10,000 per wallet for the NFT sale, thus there will also be a limit on the number of NFTs you can purchase. The specific quantity will depend on the latest price of the auction and the total quantity of NFTs still available for the sale.
No, after the auction has ended, you will need to claim your rebate by following the instructions provided on the minting page.
Yes, after purchasing an NFT through the Dutch auction you'll be able to sell it to other users on secondary marketplaces.
Yes, there will be gas fees for certain interactions with the project's smart contracts, such as bidding and claiming your rebate.
No, only collectors based in the following countries will be allowed to participate in the auction: Austria, Belgium, Brazil, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Republic of Cyprus, Romania, Singapore, Slovakia, Slovenia, Spain, Sweden, United Kingdom, United States.