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路线图经营指导竞选规则

Rules for Running for Island Governor and Mayor

1. Participation Eligibility

- Participants must hold a specified amount of NFTs (Genesis NFTs, KYC NFTs, or Voice NFTs).

- Participants must agree to the "NFT Staking Rules" outlined below.

2. NFT Staking Rules

- Candidates must stake their NFTs as per the guidelines. The type and number of NFTs staked are at the participant's discretion.

- After staking, participants will receive staking dBs proportional to the NFTs staked:

- Staking one Genesis NFT grants 10,000 staking dBs.

- Staking one KYC NFT grants 5,000 staking dBs.

- Staking one Voice NFT grants 100 staking dBs.

3. Bidding Chips

- The staking dBs obtained from staking NFTs will be used as chips for bidding.

4. Election Period and Auction Details

- The election period lasts ten days, featuring multiple auction rounds, each including a set number of floating islands and cities.

- Auction rounds are as follows:

- Round 1: 18 floating islands, 20 cities.

- Round 2: 18 floating islands, 20 cities.

- Round 3: 18 floating islands, 20 cities.

- Round 4: 18 floating islands, 20 cities.

- Round 5: 16 floating islands, 19 cities.

- Bidders can be individual users or groups of users partnering for the bid. For group bidding, the following rules apply:

A. Partners must determine the number of participants and the NFTs each will stake.

B. Partners elect a single user ID to participate in the auction. If successful, the owner of this ID will become the "Island Governor" or "Mayor."

C. Partners decide on the distribution of roles such as "Councillor" and profit-sharing ratios through mutual agreement. These distributions are entered into and confirmed in a team NFT equity

management system, with the smart contract automatically executing the agreement upon confirmation.

D. Disputes among partners regarding uneven distribution or any other issues (not caused by the platform) are not the responsibility of the platform.

- During the same round of bidding, in the same city or floating island, multiple bids from the same user are acceptable. However, if there is no higher bid from other competing users after each bid made by the same user, they will not be allowed to bid again. Conversely, if there are higher bids, the same user may bid again.

- Bidders are free to choose the amount of bidding chips per bid. At the end of each auction round, the highest bidder wins the election.

- Rules for NFT Staking During Elections

- To avoid confusion or delays during the election period, users can add to their staked NFTs at any time to increase their bidding chips. However, it is not permitted to withdraw any NFTs that have already been staked during the election period. The system will enable the NFT withdrawal function uniformly after the election period ends.

- Each user may only participate in the auction for one floating island or one city per round.

- Users who win an auction are not allowed to participate in subsequent auction rounds.

- Each auction round lasts two days.

5. Access to Floating Islands and Cities

- The gates to the floating islands and cities will open after the election period ends (for details, see the announcements from The Vcity). Only then can users officially enter.

6. Staking and Release Rules After the Election Period

- The staking dBs used during the auction will be proportionally converted back to the original number of staked NFTs. Users will then select the combinations of NFTs to stake. These NFTs cannot be retrieved during the term of office. If a floating island or city is transferred, these NFTs will have a one-month "cooling-off period" during which the NFTs remain staked and cannot be retrieved until the "cooling-off period" is over.

- For users participating in the auction individually, the remaining unused collateral Decibel will be converted back to the original collateral NFT in proportion. After the "NFT Withdrawal Function" is released, users can retrieve it; for users participating in a group auction, the remaining unused collateral Decibel after a successful auction will also be converted back to the original collateral NFT in proportion, but it cannot be retrieved.

- For unsuccessful candidates, all staked NFTs can be retrieved once the "NFT retrieval function" is released.

- After a successful election, when the staking dBs are converted back to the original staked NFTs, users can choose their combinations of NFTs for staking. Once confirmed, this choice is

executed by a smart contract and cannot be changed thereafter. For example, if a user stakes 1 Genesis NFT + 2 KYC NFTs + 101 Voice NFTs, they receive 30,100 staking dBs. If they successfully win the election with 10,001 staking dBs, possible NFT staking combinations include:

A. Stake 1 Genesis NFT + 1 Voice NFT;

B. Stake 2 KYC NFTs + 1 Voice NFT;

C. Stake 1 KYC NFT + 51 Voice NFTs;

D. Stake 101 Voice NFTs.

7. Rules for Transferring Floating Islands and Cities

- Floating islands and cities can be transferred after a successful election.

- Transfers require a one-month advance notice to the platform, and all council members and citizens must be notified.

- After a new island governor or mayor is elected and takes office, a one-month "cooling-off period" begins before the transfer can be completed.

- The transfer functionality is currently not available; specific availability will be announced later by Vcity.

元宇宙

竞选岛主和市长的规则

1、竞选条件

2、质押 NFT 规则

3、竞价筹码

4、竞选周期与竞拍细则

5、浮空岛与城市大门将在竞选周期结束后打开（详见第五城公告），届时用户才可正式进入。

6、竞选周期结束后的质押及释放规则

7、浮空岛与城市转让规则

Rules for Running for Island Governor and Mayor