NexGami(NEXG) Available on Kucoin BurningDrop

NexGami (NEXG) will be available on BurningDrop from 9:00:00 on May 27. 2024 (UTC). KCS pool will be opened during the subscription period for all users to subscribe. Additionally, during the Burning Acceleration Period, users who have already subscribed can choose to burn KCS to mine more NEXG airdrops.

Participation Ways: Web / App

Timeline

• Subscription Period: 9:00:00 on May 27. 2024 to 18:00:00 on May 27. 2024 (UTC)
• Burning Acceleration Period: 20:00:00 on May 27. 2024 to 02:00:00 on May 28. 2024 (UTC)
• Staking Period: 02:00:00 on May 28. 2024 to 01:59:59 on June 17. 2024 (UTC)

Rewards Distribution

• Total NEXG Allocation: 3.000.000
• Rewards Distribution: 20% of the NEXG rewards will be distributed before NEXG trading starts in the KuCoin Spot Market. After 1 month, the remaining 80% will be distributed in 20% batches every month.

Calculation Method

1) User's Initial Allocation F = Individual staking amount of the Product * certain Distribution Coefficient * the price of staked assets in USDT at the start of the Subscription Period

e.g.Alice staked 50 KCS in the KCS-FOR-NEXG-20D section. Assume that the price of KCS at the start of the subscription period is $8. Thus, Alice's Initial Allocation will be:

50 * 1 * 8 = 400

2) Accelerating Coefficient by burning KCS, namely V = 0.18452 * arctan (3.000 * ε - 2.08) 0.207166085. wherein ε = Amount of the KCS user burns / F

3) Single User Final Allocation after burning KCS = F'

4) F' = (V 1) F

User Final Rewards of NEXG = (F' / Overall Final Allocation) * Total AirDrop of NEXG

What is NexGami?

NexGami is a community-driven Web3 gaming platform, dedicated to bridging the gap between traditional gaming and the Web3 ecosystem, with a mission to revolutionize the traditional game publishing market. Our offering is akin to the Web3 realm's "Steam Twitch," yet our services extend further to include robust game project incubation. Every game incubated through our platform receives comprehensive Web3 services ranging from financing to token issuance, IDOs, CEX listings, and market making strategies.

Website: https://www.nexgami.com/#Home

X (Twitter): https://twitter.com/nexgami

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