[Notice] Introduction of DOSI Land(Beta)


NFTs for All. NFT world designed by LINE.
Hello from DOSI Team.

We are providing a preliminary announcement of DOSI Land (Beta), a participatory raffle event exclusively for DOSI Citizens.

[DOSI Land (Beta) Pre-launch Announcement]

• What is DOSI Land?
  ◦ DOSI Land is a raffle event that DOSI Citizen users with DOSI Citizen Lv2 ~ 4 NFTs can participate in every week.
  ◦ Users can participate by using DON and Level Up Passes(Pass) and winners of DOSI Land will receive corresponding LINK (LN) tokens as prizes, depending on the conditions.
  ◦ If users are not selected as the winner of DOSI Land, 80% of the DON and 100% of the Level Up Passes spent for entering DOSI Land will be returned to users. 

• How to participate in DOSI Land?
  1) Ownership of at least 1 or more of DOSI Citizen Lv2, Lv3, or Lv4 NFTs
  2) Spending DON -  2,000 DON ~ 2,000,000 DON depending on Land/Zone
  3) Spending Level Up Passes - 1 Pass ~ 300 Pass depending on Land/Zone 

• Structure of DOSI Land 
  ◦ There are 3 different lands that users can participate in based on the user's ownership of DOSI Citizen Lv2, 3, 4 NFTs.
  ◦ Each Land has 3 different Zones with varying participation costs and prizes (Total of 9 Zones)
  ◦ It is possible to participate in multiple Lands simultaneously, but only one zone per Land.

※ The prize LINK(LN) will be distributed at installments and additional benefits for using LINK(LN) Staking services with said LN will be provided.
※ The total prize per week (3,000 LN) is a variable set based on the stability of the service during the initial beta testing period and the LINK(LN) token economy. It may fluctuate continuously according to an index that takes into account the DOSI Citizen ecosystem and the LINK(LN) token economy.
※ If you are not selected as a winner, 80% of the DON used and 100% of the Level Up Passes used will be returned.

• Distribution of LINK(LN) to Winners

  ◦ After the selection of winners, LINK(LN) tokens for each Zone will be distributed to each winner based on the proportion of the total number of DOSI Citizen NFTs(70% distribution weight) and Level-up Passes held(30% distribution weight) by all winners.
  ◦ DOSI Land will display the real-time amount of participants for each Zone as well as the total amount of DOSI Citizen NFTs and Level Up Passes
  ◦ Example of LINK(LN) distribution
      ▪︎ User A who holds DOSI Citizen Lv4 NFT enters Golden Galaxy's Zone 3(450 LN available for distribution, 45% selection rate)
      ▪︎ User A holds 10 DOSI Citizen Lv4 NFTs, 1,000 Level Up Passes
      ▪︎ Total of 4 winners and winners hold 20 DOSI Citizen Lv4 NFTs and 2,000 Level Up Passes 
      ▪︎ LN distributed to User A: 450LN x (10/20) x 70% + 450LN x (1,000/2,000) x 30% = 157.5LN + 67.5LN = 225 LN

* Winners of DOSI Land are responsible for bearing the related costs such as taxes and various reporting obligations.
* NFTs listed on C2C at the time of the snapshot will be excluded from the held NFTs.
* DOSI Wallet addresses suspected of fraudulent activities such as multiple accounts may be excluded from event prizes.
* Participation requirements and operating policies for DOSI Land are subject to change and will be announced separately.
* To receive LN prizes, it is necessary to have a registered DOSI Vault address. If the address is not confirmed at the time of distribution, LN payment will not be possible.

Further details regarding DOSI Land will be provided through separate announcements in accordance with the actual launch schedule. We appreciate your continued interest in DOSI Citizen.

Thank you,

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