BMillions FAQ
  • What is BMillions?
  • Getting Started
    • What are the eligibility requirements to participate in ₿Millions jackpots?
    • How do I purchase an NFT ticket, and what payment methods are accepted?
  • Types of Jackpots
    • What are the benefits of owning a Major Jackpot NFT?
    • What are Minor Jackpots, and how can I participate?
    • What are Mini Jackpots, and how can I participate?
    • What are Sponsored Jackpots, and how can I qualify for them?
    • What benefits do 'Holder Only' and 'Loyalty' jackpots offer?
  • Token Utilization and Benefits
    • What is the $BMIL token used for in the ₿Millions ecosystem?
    • How can I stake $BMIL tokens, and what are the benefits of staking?
  • Security and Fairness
    • What measures are in place to ensure the fairness of NFT ticket distributions?
    • What security measures are in place to protect players and their investments?
  • Voting and Jackpot Adjustments
    • What is the DAO Difficulty Reduction Protocol, and how does it affect players?
  • Jackpot Management
    • What happens if a jackpot is not claimed?
    • How are tokens distributed, and what does spending tokens mean for players?
    • How do aftermarket sales of NFT tickets contribute to the jackpot pools?
  • NFT Management
    • Can I sell or transfer my NFT ticket after purchase?
    • What happens to my Major Jackpot NFT after the jackpot is won?
  • Future Developments
    • What future developments are planned for ₿Millions?
  • Official Links
    • Official Links
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  1. NFT Management

Can I sell or transfer my NFT ticket after purchase?

Yes, you can sell or transfer your NFT ticket after purchase, providing flexibility and liquidity to your investment in ₿Millions. Here are the details on how you can manage your NFT ticket:

  1. Transferring NFT Tickets

  • Wallet Compatibility: You can transfer your NFT ticket to any compatible wallet. This allows you to manage your assets across different platforms or transfer ownership to another person.

  • Process: Transferring involves sending the NFT from your wallet to another wallet address. Ensure the receiving wallet supports the specific NFT standard ₿Millions use (likely ERC-721 or similar) and is compatible with the Polygon POS network.

  1. Selling NFT Tickets

  • Listing on Secondary Markets: You can list your NFT ticket for sale on secondary marketplaces like Magic Eden. This platform supports royalty enforcement, which helps maintain a healthy aftermarket for these tickets.

  • Royalties and Minor Jackpots: Sales on platforms like Magic Eden contribute to royalty streams. These royalties fund the Minor Jackpots, enhancing the ecosystem and providing ongoing funding for prizes.

The ability to sell or transfer your NFT ticket adds a significant layer of usability and value, enabling participants to enter jackpots and leverage the secondary market for potential financial gains.

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Last updated 12 months ago