Nation Ownership NFT
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Description- This NFT represents ownership of the nation in DeNations.
- 20% of the Nation Ownership NFT sales will be collected as a national tax and distributed to the owners of the Nation Ownership NFT.
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DGDP- DGDP is an indicator1 of national power in DeNations.
- The sale price of the Nation NFT is based on the 2019 DGDP while Tax rate reflects the current DGDP.
- DGDP is updated weekly and affects Tax(yield) Farming ability.
- Players can become a president of a country by registering the most Nation Ownership NFT cards.
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Usage#
Tax FarmingRegister your Nation Ownerships (NFTs) and enjoy tax (yield) farming.
tip
The HIGHER DGDPs are registered, the MORE Tax (in DENA) you can earn.
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Founder TaxEarly buyers will enjoy special Founder Tax.
Definition & Source of Founder Tax:
10% of the nation ownership NFT sold per week is accumulated and distributed to players who registered at the beginning of the week.
Founder Tax Distribution:
Discontinuance of supply rounds. Therefore, the founder tax will be distributed based on a weekly basis. The Founder Tax will be distributed every Monday.
Register Nation Ownerships to Qualify:
You need to register your Nation Ownerships to qualify to receive Founder Tax.
Exceptions:
DeNations Ownerships & Myanmar Ownerships are excluded.
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President CompensationA President receives 20% of national tax and determines the national policy and executes the national budget.
tip
The EARLIER you become the owner, the MORE BENEFIT you will get.