Eminem put out the most comprehensive explanation of what to expect from his experiment with digital merchandise bound to NFT technology.
Marshall’s official website provides links to resources that explain what an NFT is (while Paul Rosenberg handled this topic very well during his recent appearance on Sway in the Morning), links Nifty Giveaway support services, and gives that comprehensive guide of how the trading will be organised:
TIME + LOCATION OF THE DROP
Sunday, April 25th on NiftyGateway.com – Packs, Limited Editions, & Auction Start at 6:30 pm ET, Open Editions Start at 7pm ET.
WHAT IS INCLUDED IN THE DROP
**IMPORTANT** Please note the starred items with a drawing component & see the PREREQUISITE section for critical information regarding purchase requirements.
Open Editions – NFTs that are Open Editions are only available for the 15 minutes starting at 7pm. There is no limitation on how many are available during that time. However, after the 15 minute window is up – these will no longer be able to be purchased (forever). If you would like to buy more than 1 Open Edition, each must be purchased through separate transactions.
Trading Cards* – The trading cards are purchased by buying a “pack”. The content of each “pack” is 1 randomly selected card, out of the 6 designs that exist. Think of this as being similar to buying a baseball trading card or Pokemon card pack (with a single card). In this Eminem drop, there will be a total of 888 trading card “packs” available.
Purchase access will be granted via drawing. Starting 6:30 pm ET, you will have a limited 30 minute window to enter for a chance to purchase a “pack”. Users will only be allowed to enter the drawing once. Note the policy/prerequisite of having previously purchased an NFT on Nifty Gateway. [See the PREREQUISITE section below.]
Limited Editions* – Limited Editions are NFT’s that only have a specific quantity available. This Eminem drop will have 2 different Limited Edition NFTs, each limited to 50 units available. Each Limited Edition will come with a print autographed and numbered by Eminem. Prints will be shipped 3 months following the drop and only those holding the NFT at the time will be sent a print.
Purchase access for Limited Edition NFTs will be granted via drawing. Starting at 6:30 pm ET, you will have a limited 30 minute window to enter for a chance to purchase Limited Editions. Users will only be allowed to enter each drawing once. Note the policy/prerequisite of having previously purchased an NFT on Nifty Gateway. [See the PREREQUISITE section below.]
Auction – There will be 1 NFT in the drop that is limited to a single unit. This is a very exclusive 1 of 1 – meaning that only one person can ever own it. To purchase this NFT, you will need to participate in the auction, which will run for 24 hours. Any bids placed in the last 5 minutes will extend the auction an additional 5 minutes. The highest bidder will win the auction for the 1 of 1 NFT. This NFT also comes paired with physical components; EMINEM X CARHARTT JORDAN 4’s, SSLP20 Film Strip Shadow Box signed by Eminem, and a very RARE vinyl print of Eminem’s, “Infinite” album signed by Eminem. Physical items will be shipped 3 months following the drop and only the user holding the NFT at the time will be sent these items. [Pricing will be revealed on Nifty Gateway when the drop begins.]
*PREREQUISITE FOR NFT DRAWING ITEMS
It is Nifty Gateway’s policy that you must have at least 1 previously purchased NFT on their platform, in order to purchase any NFT with a drawing component (Limited Editions and Packs).
This prerequisite for purchase is to help combat the use of bots. Therefore, to buy any of the Trading Cards or Limited Editions in this Eminem drop – you must have previously purchased (at least) 1 NFT from Nifty Gateway before the drop. Create an account and check out the Nifty Gateway Marketplace now if you do not own any NFT’s on their platform currently.
[Note that this prerequisite does not apply to Open Editions or Auction participation.]
Read the full guide on eminem.com. You can find more information about the content of each pack on our website: All NFT ‘Marshall Masterpiece Packs’ Eminem Drops Tomorrow On Nifty Gateway