The wait is finally over!! Binance launches the “CR7 NFT Collection” by G.O.A.T footballer Cristiano Ronaldo in its marketplace.
Binance CEO CZ seems more excited than ever by tweeting “Super super rare CR7 NFTs on auction for 24 hours only.”
Binance NFT Marketplace is excited to announce the launch of The CR7 NFT Collection — the first of a series of drops featuring the Portuguese football icon Cristiano Ronaldo. The NFT collection will be available exclusively on Binance NFT.
The CR7 NFT Collection
This NFT collection is designed to immortalize Cristiano Ronaldo’s incredible legacy that football fans have gotten to enjoy over the past two decades.
The NFT collection comprises seven animated NFT statues, which each depicts an iconic moment from Cristiano Ronaldo’s storied career. A total of four different rarity levels are available — Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N) — and each rarity level will come with its own utility for NFT holders.
- The Unprecedented (SSR): Virtual greeting from Cristiano Ronaldo, an autographed Cristiano Ronaldo physical statue, automatic whitelisting for all future CR7 collections, an autographed Binance shirt, a free CR7 Mystery Box from an upcoming CR7 collection, and automatic entry into all future contests to win exclusive Cristiano Ronaldo and Binance merchandise.
- The Undisputed (SR) or The Coronation (SR): Automatic whitelisting for all future CR7 collections, an autographed Binance shirt, a free CR7 Mystery Box from an upcoming CR7 collection, and automatic entry into all future contests to win exclusive Cristiano Ronaldo and Binance merchandise.
- The Coming of Age (R) or The Restoration (R): A free CR7 Mystery Box from an upcoming CR7 collection, and automatic entry into all future contests to win exclusive Cristiano Ronaldo and Binance merchandise.
- The First Step (N) or The Breakout (N): Automatic entry into all future contests to win exclusive Cristiano Ronaldo and Binance merchandise.
Auction Featuring Super Super Rare (SSR) and Super Rare (SR) NFTs From The CR7 NFT Collection
Users may purchase the rarest of “The CR7 NFT Collection” NFTs in an auction that is taking place from 2022-11-18 09:00 (UTC) to 2022-11-19 09:00 (UTC). A total of five “The Unprecedented” (SSR) NFTs are available in the auction, as well as 20 “The Undisputed” (SR) NFTs and 20 “The Coronation” (SR) NFTs.
Bidding prices will start at 10,000 BUSD for “The Unprecedented” (SSR) NFTs, and 1,700 BUSD for “The Undisputed” (SR) and “The Coronation” (SR) NFTs.
Subscription Mechanism Timeline for Rare (R) and Normal (N) NFTs From The CR7 NFT Collection
The launch of Rare (R) and Normal (N) NFTs from this NFT collection will follow the BNB Prerequisite feature, as part of the Subscription Mechanism. With the option to enter either one or both of the Rare and Normal NFT primary sales, users may receive one of two Rare (R) NFT designs, as well as either one or both of the Normal (N) NFT designs, where applicable.
1. Preparation Phase — 2022-11-19 00:00 (UTC) to 2022-11-21 02:00 (UTC)
During the Preparation Phase, users are required to fulfill the BNB Prerequisite by meeting the minimum daily average BNB holding of 0.1 BNB. Those who fulfill this requirement will qualify to participate in both the Rare and Normal NFT primary sales.
2. Subscription Phase — 2022-11-21 02:00 (UTC) to 2022-11-23 09:00 (UTC)
Qualified users will proceed to the Subscription Phase, where they will be allocated participation tickets to join the sale. Each qualified user can only receive one participation ticket for the Rare NFT primary sale, and seven participation tickets for the Normal NFT primary sale.
During this phase, users are required to submit the participation tickets to the respective NFT primary sales by clicking [Subscribe for Ticket(s)]. Only users who submit and subscribe their tickets will be qualified to participate in the sale.
After users subscribe to the Rare and/or Normal NFT primary sale(s), all committed participation tickets will enter a pool, where each ticket has an equal chance of winning. Note that each committed participation ticket will mean that the corresponding amount of BUSD tokens (i.e. 700 BUSD for a Rare (R) NFT and 77 BUSD for a Normal (N) NFT) is locked, and this will only be refunded at the end of the Distribution Phase for those who do not receive a winning ticket.
As users can only use the available BUSD balance in their Spot Wallets to complete subscriptions, they should ensure that they have sufficient BUSD in their Spot Wallets before subscribing their participation tickets.
3. Calculation Phase — 2022-11-23 09:00 (UTC) to 2022-11-23 12:00 (UTC)
The system will select the winning tickets from among all committed participation tickets. A winning ticket allows the user to purchase a CR7 NFT in the respective Rare and/or Normal NFT primary sale(s), where applicable.
4. Distribution Phase — 2022-11-23 12:00 (UTC)
Users who hold winning participation tickets will be able to purchase CR7 Rare (R) and/or Normal (N) NFTs in the primary sale. The corresponding BUSD amount will be deducted from their Binance Spot Wallet balance. Users who do not hold winning participation tickets will have their locked BUSD automatically returned to their Spot Wallets.
Learn more about how to purchase exclusive “The CR7 NFT Collection” NFTs in our blog.
Activity 1: The CR7 Mystery Box Collection Giveaway
Activity Period: 2022-11-18 09:00 (UTC) to 2022-12-19 20:00 (UTC), or until all CR7 Mystery Boxes are claimed (whichever is earlier)To celebrate Cristiano Ronaldo’s first-ever NFT collection, Binance NFT is giving away 1.5 million CR7 Mystery Boxes to new Binance users who sign up for a Binance account from the event page on a first-come, first-serve basis! New users may also qualify to receive the CR7 Mystery Box when registering for a Binance account using the “RONALDO” referral code.
Each CR7 Mystery Box will carry one of the two exclusive Stone-colored NFTs — “The First Step” (Basic) or “The Breakout” (Common). Existing Binance users may purchase the CR7 Mystery Box NFTs or CR7 Mystery Boxes on Binance NFT’s secondary market.
Activity 2: Collect a CR7 Mystery Box & Stand a Chance to Receive a SSR or SR NFT From The CR7 NFT Collection!
Activity Period: 2022-11-18 09:00 (UTC) to 2022-12-18 23:59 (UTC)
Snapshot Period: 2022-12-19 (UTC)
Users who collect or purchase the “The First Step” (Basic) NFT or “The Breakout” (Common) NFT from the CR7 Mystery Box Collection, and hold the CR7 Mystery Box NFT in their Binance accounts during the Snapshot Period will qualify for this Activity.
22 eligible users will be selected based on the Awards Selection Rules Based on BNB Beacon Chain Hash Value to each receive an exclusive SSR or SR NFT from The CR7 NFT Collection. There are two “The Unprecedented” (SSR) NFTs, 10 “The Undisputed” (SR) NFTs, and 10 “The Coronation” (SR) NFTs up for grabs in this Activity.