On October 16, Match official released a tweet saying that a special auction "Exclusive Auction" will be held on October 18, and a total of 2193 rare γ Non-Fungible Tokens (NFTs) will be re-auctioned, giving each player a chance to regain the precious Match ecosystem wealth tickets. In fact, these γ NFTs were unsold in the previous five auctions due to insufficient bids from some players. Interestingly, many in the Match community previously believed that the official would either keep these NFTs for their own mining or sell them privately for profit. However, the latest move by the official has undoubtedly surprised everyone and once again verified the fairness and grand vision of the project. "Listening to the voice of the community has always been one of the core values of Match. We are very grateful for your attention and support for the Match project!" the official said. I. γ NFTs have higher prices and stronger mining capabilities Why must you participate in this Match "Exclusive Auction"? Because γ NFTs are rarer, more valuable, and have stronger mining capabilities. First, a simple introduction for new users. Match is a SocialFi platform project that integrates Web3 finance and artificial intelligence (AI) technology, rapidly building an efficient value-based social network to meet users' needs for accessing cutting-edge information, reaching high-quality projects, and optimizing investment strategies. With the combination of AI+SocialFi+Meme, Match's future valuation is at least $1.5 billion, and it can even reach $20 billion or $30 billion. The dual assets of the Match platform are Non-Fungible Tokens (NFTs) and the RFG token. The current ways to obtain RFG include: airdrop (10%), RFG non-destructive pledge mining, LP liquidity mining, and NFT pledge mining - solo mining and social matching joint mining (SMS). Match has set up three types of NFT pledge pools: single NFT pool, dual NFT pool, and triple NFT pool. Through different NFT mining gameplay, it attracts users to actively interact and improve the social activity of the product. Moreover, NFTs can generate RFG, which also enhances the long-term value of NFTs. Users only need to hold NFTs to get a "golden shovel" and continuously earn income. Therefore, NFTs are the most important assets of Match, and γ NFTs are the most important among them. The value of γ NFTs is reflected in three aspects: scarcity, mining capability, and higher trading prices. Higher scarcity. The total number of NFTs is 45,000, divided into three types: α, β, and γ. Match official introduced a random algorithm in the English auction: NFT type blind box. After each auction, users can only confirm whether they have won the bid, but they can only know the specific type of NFT when they actually claim and open it themselves. Although the number of different types of NFTs appearing in each auction is equal, the probability of obtaining different types is different, with α, β, and γ probabilities of 50%, 30%, and 20% respectively. From the actual auction results, the unsold NFTs in the previous five auctions were all γ, making this type of NFT very scarce. Stronger mining capability. Different types of NFTs represent different mining weights, with α, β, and γ mining weights of 1.1 times, 1.2 times, and 1.3 times respectively - γ has the highest mining weight, so its value is also relatively higher. For example, on the Match platform, under the same conditions, the current single NFT pool mining revenue for α, β, and γ is 81.65%, 92.33%, and 108.37% respectively. Higher prices. The differences in the above two dimensions are ultimately reflected in the price level, and the price of γ NFTs is also higher than that of α NFTs. On the OKX NFT trading platform, the floor prices of α, β, and γ NFTs are 0.0771 ETH ($202), 0.0829 ETH ($217), and 0.12 ETH ($314.64) respectively, with a difference of $112.64 between the highest and lowest prices, which is indeed not negligible. If calculated based on the revenue, the starting bid price in the first auction was $70, and the final transaction price was $90.95. Assuming a user is very lucky and wins a γ NFT, its current value is $314.64, with a return of 245.94%. Based on the current floor price increase (26.2%), the floor price will reach $740 by the last auction, meaning the NFT asset held by the first-period participant will appreciate by over 710%; and the γ NFT price is usually 1.43 times higher than the floor price, which is about $1,058, and the user's return rate can even reach 1063%. If you participate in the special γ NFT auction on October 18 and are lucky enough to win, calculated based on a starting bid price of $220, the return on the last period can also reach 321%. Of course, considering that this γ NFT is very rare, the competition will be fierce, so the final transaction price will certainly be higher than $220, and the estimated transaction price is about $350, then the user's return on the last period is 202%. It should be noted that the above γ NFT returns do not include the RFG earnings generated by NFT mining. In fact, as the RFG price rises, the earnings from γ NFT mining will be even higher, and the Match auction participants can truly "eat and take". II. Skillfully use the rules to increase the probability of obtaining γ NFT? The market's frenetic demand for γ NFTs has also been noticed by Match officials, giving birth to the special γ NFT auction. In the latest announcement, the official stated: "Each auction has 1350 NFTs of types α, β, and γ, but due to the bidding of some participants, there were some unsold lots, leading to an imbalance of different types of NFTs in the market. Considering the enthusiasm of the community for the auction and the strong demand for γ NFTs, in order to ensure market balance, Match has decided to temporarily add an unsold auction on October 18, 2024, and all the unsold NFTs from the first to the fifth periods will be auctioned in this auction." In fact, the focus of this period is on γ NFTs, with a total of 2193 pieces, and the auction time is from 10:00 to 22:00 Beijing time on October 18. The starting bid price for all NFTs is $220. In addition, the official supplemented that the transaction price of this NFT auction will not affect the starting bid price of the sixth period auction, which will still be $220. "Listening to the voice of the community has always been a part of Match's values, and we thank everyone for their attention and support for the Match project." Referring to the participation in the previous five auctions, a total of 17,925 people participated, with an average of over 3,000 people per auction, and this time there are a total of 2,193 γ NFTs. Therefore, the competitiveness of this special auction can be imagined. Users can increase the probability of obtaining γ NFTs by pledging RFG. The more RFG a user pledges, the higher the Boost multiplier for the NFT pledge to generate RFG, with a maximum of 2. Users can choose different pledge periods, such as 60 days, 90 days, 180 days, and 360 days, and the longer the period, the higher the interest income, and the pledge cannot be withdrawn before the maturity date. According to the calculation, as long as the user pledges 14.4 million RFG tokens for 360 days, the Boost multiplier can reach the maximum value of 2, and the user's probability of winning the bid for a γ NFT will reach 50%. As shown below:

Assuming that the user has not staked RFG, the probabilities of obtaining α, β, and γ are 50%, 30%, and 20% respectively. If the user stakes RFG, they will receive a boost multiplier (1 <= boost <= 2), and the probability of obtaining γ will be expanded by a factor of: r = (boost - 1) * 30% (i.e., the probability will not increase by more than 30%, and the total probability of obtaining γ will not exceed 50%). Finally, the probabilities for the staking user to obtain each level of Non-Fungible Token (NFT) are:

α: 50% - r

β: 30% (the user's probability of obtaining β remains unchanged)

γ: 20% + r

In simple terms, the more RFG tokens the user stakes, the higher the probability of obtaining the γ NFT, with a maximum of 50%.

Additionally, users can directly bid higher in the auction to prevent not winning the γ NFT. The current market price of the γ NFT is $314.64, and it is recommended to bid at least $300, or even $400 to ensure obtaining at least one NFT.

Match has a random algorithm-based pricing mechanism, and the pricing will vary depending on the number of participants and market sentiment. The system will calculate the number of people who will receive 2 NFTs based on the number of bidders and the final bids, and the remaining bidders will receive 1 NFT in the order of their bids. The bid price of the last NFT in each auction will be the pricing for that period; any funds used for bids that did not win an NFT or exceeded the final price will be refunded.

Therefore, users do not need to worry about bidding too high, as the final transaction will be at the lowest price, and any additional funds will be refunded. More importantly, this is a deterministic auction, and once a user wins, they are guaranteed to receive the γ NFT, which is a very rare opportunity.

III. γ NFT: Joint Matching Mining Far Exceeds Individual Mining

With the γ NFT, how can one maximize their earnings? There are currently three options to consider.

The first is single NFT staking mining. The official platform shows that the annualized yield for staking the γ NFT is 108.37%; if the user stakes RFG, they can receive a Boost coefficient of up to 2 times, resulting in a maximum annualized yield of 216.7%, which is equivalent to a payback period of 170 days; if the RFG price increases, the payback period will be further shortened.

This mining method is not the most efficient, and Match's biggest feature is the joint matching social mining, which is multi-NFT mining. Currently, the annualized yields for the dual NFT mining pools range from 169.3% to 203.2% and 222%. The mining pool with the highest earnings is the 3 NFT mining pool, with an annualized yield of 384%, which means a payback period of 95 days; if the user stakes RFG and achieves a 2 times Boost, the payback period for the 3 NFT mining pool will be further shortened.

There is one issue here: if a user wants to join a joint matching mining pool with other NFT holders, they need to add them as friends, which expands their social circle. If the user no longer wants to continue the joint staking mining, they can also exit flexibly. Users can apply for the dissolution of the staking or forcibly dissolve the staking to exit the social matching mining. Applying for the dissolution of the staking requires paying a 5% penalty on the earnings, which will be divided among the other team members; forcibly dissolving the staking requires paying a 10% penalty on the earnings, which will be divided among the team members, to ensure the interests of the other users.

If you find the joint mining too troublesome, you can also purchase/auction other types of NFTs yourself to make up a three-NFT pool. However, this approach has a relatively higher cost and is more suitable for players with abundant funds.

The decentralized English-style auction of Match NFT is not only a practice of the MEME spirit, but also an opportunity for every user to equally share the project's dividends. Today's Match is like the early days of Bitcoin and Ethereum, the earlier you get on board, the higher the returns.

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