June 2, 2022

Famous Fox Federation

I promised that I would do an article on this service. I have kept my promise. The article will be in two languages Link to CIS

So what is a federation of foxes?

First and foremost, the NFT collection

Roadmap

Basic foxes - 7800 pcs for the possession of which you get the
Steaking: 100 $FOXY a day ($0.46)

Transdimensional foxes - 7,800 foxes, but you get fewer privileges for them
Steaking: 25 $FOXY per day ($0.11)

Fox Houses - 3,000 houses for your NFTs. Essentially used to buff your NFTs on missions and more missions

Friends and foes - 15 limited edition NFTs. 2 sales and 6 listings. I could not find a utility for them

Now let's run through the available utilities on the site

Famous Token Market - A basic tool for every Solana Minter

I don't think it needs an instruction manual.

FoxySwap - here you can exchange your NFTs for other NFTs, with or without surcharge. Transaction fee $100Foxy & 0.001 sol

FoxyMint - You can mint your own NFTs

Token Management Interface - helps you send/burn/fill all your selected tokens. It also shows the information on the tokens passed through the wallet

FoxyShare - allows you to send solana\tokens to wallets

Trading Post - here you can see offers for NFT exchange

All of the above I have used myself personally, left the most delicious and for the real degens

Foxy Rafffle - the very casino where your luck can earn you a cool jpeg at minimal cost

What do we see?

  • Different tokens for tickets.
  • Both expensive and not so expensive NFT
  • Confirmed participants and red-flagged

Let's look at the example of participation in the raffle and its benefits

Raffle Dead Reject.

  • Price 3.33 ($9) per ticket
  • There are 50 tickets available
  • The raffle ends in six hours.
  • At the moment, one participant

Is this raffle profitable? - No.

The Legendary Dead Rejects sell for 2 sol ($81 + commission). That's why we're skipping it. Or keep an eye on attendees and tickets. If there aren't enough of them, go to the last carriage and take them NFT.

Imagine this outcome:

- The lottery has sold four tickets and is coming to an end.
- Two participants each have two tickets.
- You want to win some amount of money and are not afraid to lose between $9 and $414.

You buy tickets and enter the lottery according to the number of tickets and your chances of winning. Even if 48 tickets were purchased and you bought 1 ticket, you will have a 2% chance of winning. This is where your luck comes into play. Let's say you are very lucky and win. If you spend $9, you get $62 (12% royalty + sales commission).

Now let's take a look at the past cool raffles

What we see:

  • $9 per ticket
  • 202 tickets sold.
  • The person with the most tickets ($720) won.
  • Profit when selling on the floor ~ $350 (Not much, is it?)

And now I'll show you how it happened.

What we see:

  • $2 per ticket
  • 166 tickets sold
  • The person with 2 tickets wins ($4)
  • Profit when selling on the floor ~ $337 with the deduction of commissions ( And this is already good, right?)

Result

Famous Fox - is a pretty good utility, and they are already part of Solana. Their NFTs are dropping to 20 SOL and only growing. I think they will continue to grow. DYOR

The article was more of an introductory article for most, many people already knew about it. No matter how much everyone supports Solana now, it will live on.

FFF - https://famousfoxes.com/

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