DOTS: The First Original Inscription Based on Polkadot (Includes Tutorial)
Inscriptions have brought a major bull market to the crypto industry. After the first wave of inscription corrections lasting 5 days, we are now welcoming a small spring for inscriptions.
On December 26th at 22:00, the most innovative asset distribution inscription in the Polkadot ecosystem was born: DOTS. Since the preheating began, it has swept through the Polkadot and inscription circles. Dozens of major KOL teams are participating. Here’s a sneak peek: perfectly compatible with mobile devices.
Super Highlights: [Prisoner's Dilemma] + [Referral Performance] + [Block Resonance] Gameplay
Unlike many previous inscription minting methods, DOTS adopts the Referral Performance Gameplay and resonance gameplay for the first time. The output of each block is fixed and divided into two parts.
70% Static Area: This means that the more people participate in minting, the less each person receives. This method balances the pace of user entry well, reducing the sudden surge and congestion of GAS.
30% Dynamic Area: The output rewards are divided according to the referral coefficient of each wallet address. If wallets with referral relationships mint simultaneously in the same block, both parties' earnings are doubled. Each community can form different teams. The secret lies in Referral Index = √x (x = number of promoters participating in minting), which effectively eliminates the impact of super individuals on the overall outcome, protecting retail investors and providing greater fairness. It reflects the beauty of mathematics.
Market Cap: Total Block Quantity: 21,600,000,000; Number of Blocks: 43,200; Quantity per Block: 500,000
Minting Duration: 3 days
Start Time: December 26, 2023, 22:00 (UTC+8 Beijing Time)
Block Height: 18,767,696
End Time: December 29, 2023, 22:00 (UTC+8 Beijing Time)
Block Height: 18,810,896
If there is no MINT in each block, the DOTS of that block will be destroyed.
Super Highlight: MINT FEE: [80% of funds used for buyback]
Inscriptions have entered a cooling-off period; do not throw your precious crypto assets to public chain miners who won't pump the price. The fairness of high GAS consumption is a form of self-deception. Your money should be respected and have appropriate risk exposure. DOTS is the first to introduce a buyback mechanism for MINT fees. 80% of the funds are reserved to ensure you can sprint without worries.
This is a major innovation in the evolution of inscriptions, unprecedented in history.
Minting wallets will be announced on the official Twitter and platform. Based on the average minting cost, once the inscription price falls below the minting cost, the buyback will be triggered. Until the buyback is completed.
[Preparation Work]
Minting Start Time: Polkadot Block Height 18,767,696 (approximately 22:00 Beijing Time on December 26)
- Dots Official Website: https://dotscription.com/
- Wallet Installation: https://www.subwallet.app/ (recommended) https://www.talisman.xyz/ (recommended)
- Note that you need to have a balance of more than 1 DOT in your wallet to interact (Polkadot official mechanism); having only 1 will not allow any on-chain operations (including transfers). It is recommended to keep a bit more. On mobile, you can use TP Wallet, add the Polkadot DOT chain, and input the minting URL in DAPP: https://dotsrciption.com/
Official Twitter: @inscription_dot
Official TG Group: https://t.me/inscriptionondot
How to Mint:
- Open the link: https://dotscription.com/
PC version or mobile version, connect your wallet, fill in the referrer wallet address, and confirm gas on-chain.
- You can share your wallet address link with more friends who want to inscribe. Spread the word.
- When the minting time arrives, start signing to mint.
Of course, you need to prepare in advance:
Polkadot Wallet: Choose one from Polkadot.js, Talisman, or Subwallet.
DOT for paying Gas: Can be purchased from CEXs like OK, Binance, Gate.io, Kucoin, etc.
