Owning a BIT Bear Legends NFT as a Collaborator

To allocate the total collaboration funds based on the rarity of the NFTs, a tiered allocation system is employed, where the rarer NFTs receive a larger percentage of the funds.

Here's a breakdown based on the specified NFT counts:

Total Collaboration Funds: $8,409.50 ( This is after 100% of Bit Bear Legends are sold! And Ethereum remains at the current price of $2,242.56 (12/19/2024) ) So, in theory, one who holds a Bit Bear Legend NFT can be worth more in collaboration.

Common NFTs (85 in total):

• Allocation: 5% of the total funds.

• Allocation for Common NFTs: 5% of $8,409.50

• Allocation for Common NFTs = 0.05 * $8,409.50 = $420.48

Uncommon NFTs (40 in total):

• Allocation: 10% of the total funds.

• Allocation for Uncommon NFTs: 10% of $8,409.50

• Allocation for Uncommon NFTs = 0.10 * $8,409.50 = $840.95

Rare NFTs (30 in total):

• Allocation: 15% of the total funds.

• Allocation for Rare NFTs: 15% of $8,409.50

• Allocation for Rare NFTs = 0.15 * $8,409.50 = $1,261.42

Epic NFTs (25 in total):

• Allocation: 20% of the total funds.

• Allocation for Epic NFTs: 20% of $8,409.50

• Allocation for Epic NFTs = 0.20 * $8,409.50 = $1,681.90

Legendary NFTs (15 in total):

• Allocation: 25% of the total funds.

• Allocation for Legendary NFTs: 25% of $8,409.50

• Allocation for Legendary NFTs = 0.25 * $8,409.50 = $2,102.38

Mythic NFTs (5 in total): * $1600

• Allocation: 30% of the total funds.

• Allocation for Mythic NFTs: 30% of $8,409.50

• Allocation for Mythic NFTs = 0.30 * $8,409.50 = $2,522.85

This allocation strategy ensures that collaboration funds are distributed based on the rarity of the NFTs, with rarer NFTs receiving a larger share of the total funds. The percentage allocations can be adjusted as needed to reflect the perceived value or rarity of each NFT tier.

If you desire crypto collaboration, here is a breakdown of what you get when owning a BIT Bear Legends NFT

Certainly, let's update the percentage allocations based on the new NFT counts:

Common NFTs (85 in total):

• Allocation per NFT = 0.0412% of the total collaboration funds

• Allocation per Common NFT = 0.0412% * $8,409.50 = $3.46 approximately/NFT

Uncommon NFTs (40 in total):

• Allocation per NFT = 0.0955% of the total collaboration funds

• Allocation per Uncommon NFT = 0.0955% * $8,409.50 = $7.99 approximately/NFT

Rare NFTs (30 in total):

• Allocation per NFT = 0.1433% of the total collaboration funds

• Allocation per Rare NFT = 0.1433% * $8,409.50 = $12.02 approximately/NFT

Epic NFTs (25 in total):

• Allocation per NFT = 0.1906% of the total collaboration funds

• Allocation per Epic NFT = 0.1906% * $8,409.50 = $15.99 approximately/NFT

Legendary NFTs (15 in total):

• Allocation per NFT = 0.2860% of the total collaboration funds

• Allocation per Legendary NFT = 0.2860% * $8,409.50 = $24.02 approximately/NFT

Mythic NFTs (5 in total):

• Allocation per NFT = 0.8581% of the total collaboration funds

• Allocation per Mythic NFT = 0.8581% * $8,409.50 = $72.03 approximately/NFT

These calculations show the percentage allocation per NFT within each rarity tier based on the total collaboration funds and the specified allocation percentages for each rarity. All collaborations funds will be released when 100% of NFTs are purchased.