Categories
NFT Drops

Mogies Collection & Rarity Information

Mogies were made in partnership and designed by Erick Tran and his team at CHAVVO Studios. The award-winning, transmedia production team has worked with major Hollywood studios including Disney, Universal, Marvel Entertainment, Sony Animation, Cartoon Network, Fox, Dreamworks, Nickelodeon, and EA. 

The team has been involved in the production of major box office hits including The Simpsons Movie and series, Kung Fu Panda, The Avengers and many more.

CHAVVO is committed to the Mogieland NFT community and new animated series.

“Mogieland is a homage to Hollywood, to our favorite characters, actors, and movies that have made us. Mogul is set out to make this the very first NFT animated series and we couldn’t be more excited to partner with them. Mogul has given us creative freedom to develop something original and special in this space. It’s great to see Mogul supporting creators and the animation community like very few others have. We are committed to this project and the NFT community. As a NFT producer we want to be a major player in the NFT space. Working with Mogul, I can see that really coming to fruition.” says Erick Tran. 

What are Mogies?

The Hollywood sign is turning 100, and the Mogies are celebrating! 😎

​​Mogies are a NFT collection of 1923 NFTs inspired by the last 100 years of Hollywood characters and personalities in celebration of the 100 year anniversary of the Hollywood sign being erected. This parody collection is to pay homage to the top entertainers and creators that helped Hollywood become what it is today, and create a standard for the next 100 years of filmmaking that will occur within Film3 – a movement spearheaded by Mogul and our community to empower creators to create movies and content in more fan exclusive ways using blockchain technology in the Metaverse. Mogul is where movies meet blockchain through DeFi, NFTs – and now, the Metaverse through Mogies and Mogieland.

Enter Mogies – the characters of the Metaverse. Enter Mogieland. The Metaverse for Movies. 

Mogies in Mogieland - Characters of the Metaverse

Mogies are aliens that feed on entertainment. They love it! They have come to Earth because it’s the biggest source of entertainment in the universe. Humans are humans until they enter Mogieland, and then, when they enter, they become a Mogie.

Mogies are the citizens of Mogieland. They look and act like all our favorite film and TV characters and Hollywood icons from the past 100 years. In actuality, they are aliens from an advanced race that use “lasers” to transform the landscape in the blink of an eye. They feed off entertainment as energy, and travel across the Universe absorbing this vital resource, sucking intelligent worlds dry and moving along to the next. Earth stands to be the biggest source of entertainment and salvation because when our little Mogies get bored, they die. Ultimately, they’re passionate cosplayers and the biggest fans in the galaxy. Mogieland is their Comic-Con, and they have every intention to ensure it lasts forever.

Mogies - Citizens of Mogieland - NFT collection

What is Mogieland?

250 MILES EAST OF HOLLYWOOD IN THE MIDDLE OF THE MOJAVE DESERT. 

Population: 1923.

Amidst scrub brush and desert dunes, a UFO landed and then obscured 10 sq. miles in a region now known as THE BLUR —- a shrouded forcefield that has taken the shape of an old tube television laid on its back. What goes on behind its opaque borders has remained a mystery…until now.

Mogieland is where Mogies live, and is a Metaverse inspired by the traditional landmarks of Hollywood. Hollywood is a larger-than-life characterization of the entertainment industry and has become a top place in the world for tourism – but not everyone across the world can experience the glamor and excitement of Tinseltown… 

Enter Mogieland. It’s the Metaverse for film, where cultural attractions, movie premieres, red carpet events, concerts, and even celebrity sightings are brought to the world of Film3.   A place where the Greek Theatre, TCL Chinese Theatre, and even Studio City are represented by their transitory counterpart in Mogieland – powered by STARS tokens. Mogies can spend the morning playing-to-earn in Studio City,  the afternoon catching celebrities at Runyon Canyon, and the evening at the Hollywood sign overlooking the energy of Mogieland’s latest film premiere. 

Mogies in Mogieland - STAR on the Walk of Fame - Mogul

Own your own STAR on the Walk of Fame!

In Mogieland, users will be able to buy their own land, build, take their Mogies to film premieres, movie theaters, red carpet events, concerts, fashion shows, and even play games to earn in Studio City. It’s a virtual place where Mogul partners with movies, celebrities, entertainers, fashion icons and other star studded individuals globally to do Metaverse movie premieres at traditionally iconic Hollywood locations, and sell tickets in STARS  where holders will be able to virtually meet and socialize with all these industry Moguls. Mogieland breaks geographical barriers to access exclusive events and brings them global in a universe where brands, fans, movies, and celebrities can meet, collaborate, and create where movies meet blockchain.

Hollywood in Mogieland - Powered by STARS tokens - NFTs

What will I be able to do in Mogieland?

Mogieland visitors will be able to visit the walkaround environment. Hollywood is one of the most highly trafficked tourist destinations in the world… and soon… Mogieland will be too. All powered by STARS tokens.

Within Mogieland, visitors will be able to: 

  • Attend movie premieres 
  • Mingle with creators and get behind-the-scenes looks 
  • Attend first screening viewings of films partnered with Mogul 
  • Watch movies with tickets paid for in STARS tokens 
  • Enjoy hangout areas with other cinema lovers in VR environments to discuss all things entertainment and Mogul 
  • Attend meet and greets with the STARS
  • Attend concerts
  • Attend fashion shows
  • Buy NFT’s from virtual stores
  • Build your own place in Mogieland and show off all your NFT’s
  • Own iconic pieces of Hollywood transformed in Mogieland
  • Show off your virtual style by wearing your own NFT fashions
  • Play to earn in Studio City 

Much more utility and many more features are being added in Mogieland over time as Mogul expands its rapidly growing list of partners.

All Mogie holders will receive a piece of land in Mogieland. If a purchaser owns a Mogie and an Access Pass they will receive two plots of land in Mogieland. If a purchaser owns a Mogie, Access Pass, and a certain threshold of STARS tokens to be announced at a later date, they will receive 3 plots of land in Mogieland. These plots of land are randomly distributed according to the type of Mogie and Access Pass.

Rarer Mogies and Access Passes will have a higher weighting to receive more coveted locations of land.

How do I purchase a Mogie?

Mogies are ERC721 NFTs on the Ethereum blockchain and can only be purchased through the Mogul NFT marketplace in the primary market. In the secondary market, Mogies will be available on the Mogul Marketplace, OpenSea, Rarible, and LooksRare. The Mogie that a purchaser will receive is verifiably random

There are 1923 total NFTs which will be issued in the following phases. Mogies are sold in ETH, but can be purchased in ERC20 STARS tokens at a 10% discount to reward our holders.

Four phases of the sale:

  • Phase 1: Dutch Auction
    • A dutch auction for the general public starting at 1 ETH that includes 800 Mogies. This is available for everyone globally and will have 24 hour tiers
      • 1 ETH tier lasts 24 hours
      • 0.8 ETH tier lasts 24 hours
      • 0.6 ETH tier lasts 24 hours
      • 0.4 ETH tier lasts 24 hours
      • 0.2 ETH tier lasts 24 hours 
    • The pricing for the next phase will equal the price paid for the last NFT sold during the dutch auction
      • If all 800 NFTs sell at the 1 ETH level, then the price of the next phase will be 1 ETH
      • If the 800 NFTs do not sell during the dutch auction, the remainder will be allocated to the public sale 
  • Phase 2: Whitelist Sale for Access Pass holders only 
  • Phase 3: Public Sale – 72 hours
  • Phase 3.5: Bonus Mint
    • Any unsold NFTs will be allocated to the first purchasers from the dutch auction
    • This phase will only occur in the unlikely event that the Mogies allocated for public sale do not sell out within a 72 hour period
  • Phase 4: Rebate + Reveal

If the total number of NFTs allocated for public and whitelist sale do not sell out, then the first purchasers of Mogies through the Dutch auction will have the opportunity to mint the remaining Mogies for free (aside from the gas fee required) after 72 hours of the public sale has passed. For example, if there are 15 Mogies left unsold, then the first 15 purchasers through the dutch auction will have their wallet address whitelisted to mint 1 Mogie each for free after the public sale. 

How does the Whitelist work?

Owners of Mogul Access Passes will be the only people eligible for the whitelist. Access Passes can be purchased here: https://opensea.io/collection/mogul-nft 

There are 5 tiers of Access Passes that are granted the utility to mint a Mogie in the whitelist phase. The benefit of the whitelist phase is that you are guaranteed to be able to mint a Mogie at the lowest price offered through the dutch auction during a specific window. 

There are 1,073 NFTs allocated for whitelist spots, and addresses are whitelisted according to the tier of Access Pass they own on a first-come-first-serve basis. Access Pass holders can mint any number of Mogies they wish at the lowest price of the dutch auction. 

In the event that the 1,073 Mogies do not sell out, then the sale will enter the next stage – the public sale. In the event they do sell out, then there will be no public sale and the sale will enter the phase of Rebate & Reveal

What utility comes with Mogies ownership?

Extra perks and bonuses come to the primary purchaser of a Mogie based on how early they have purchased.

Tier Purchased:  1 ETH

  • 1.5x STARS rebate when purchased in ETH
    • 1x STARS rebate when purchased in STARS
  • First 5 unique sales (unique addresses) receive a complimentary Backstage Access Pass
  • Next 5 unique sales (unique addresses) receive a complimentary VIP Access Pass
  • Next 200 unique sales receive a complimentary All Access Pass
  • All purchasers at this tier receive a gold embossed derivative of their Mogie that is part of the exclusive Mogie Derivative Collection

Tier Purchased:  0.8 ETH

  • 1.3x STARS rebate when purchased in ETH
    • 1x STARS rebate when purchased in STARS
  • All purchasers at this tier receive a silver embossed derivative of their Mogie

Tier Purchased:  0.6 ETH

  • 1x STARS rebate when purchased in ETH or STARS 

All Purchasers:  

  • Private Discord channel only for Mogies holders
  • Tickets to all future Mogies IRL events, including the first-ever event at Futurist Conference with exclusive IRL experiences for Mogies holders (bonus VIP experiences for those who hold an Access Pass and a Mogie)
  • Whitelist to all future Mogie derivative drops 
  • Holders will receive an NFT of the first episode of the Mogies animated series for an exclusive copy of the episode 
  • Select holders may receive Thank You credits at the end of the Mogies animated series episodes
  • Holders will be able to purchase a 3D figurine of their Mogie (only owners) in STARS tokens 
  • Access to exclusive Mogie virtual meetups and events hosted in Mogieland
  • 50% of all 7.5% secondary market royalties will go directly towards growing the Mogies and Mogieland ecosystem for further STARS holder utility 
  • 10% of all future rewards accruing from the Mogies animated series, wearables, collectibles, or line of figurines will be distributed to holders as rewards quarterly
  • Invites to virtual events with the creators of Mogies to see behind-the-scenes with world-class animators of the Simpsons and King of the Hill
  • Exclusive access to future premieres in Mogieland and other metaverses (red carpets, launch concerts, exclusive pilots and screenings of the Mogies animated series)
  • Exclusive first-access to meet and greets
  • Backstage access to behind-the-scenes content from the creation of the Mogies animated series
  • Discounts on wearables and experiences in Mogieland
  • Free allocation of 1 randomized plot of land in Mogieland
  • First access to purchase land at a 20% discount in Mogieland

Remember: All purchases on the Mogul platform can be done in STARS tokens and the purchaser will receive a 10% discount on their purchase for purchasing in STARS

Mogie Holders in Mogieland - ERC20 STARS tokens - Mogie and Access Pass

How does the STARS rebate work?

A rebate is a bonus given to a purchaser to reward them for purchasing early. 

Example: 

  • Let’s say a user purchases a Mogie for 1 ETH and the dutch auction closes at 0.6 ETH
  • 1 ETH minus 0.6 ETH is 0.4 ETH. This is the amount of ETH that will be eligible for a rebate
  • Let’s assume the price of STARS is 5 cents and the price of ETH is $3000
  • 0.4 ETH therefore is $1200, which is the amount eligible for the STARS rebate
  • Since the user purchased at 1 ETH, the $1200 delta between their purchase price and the lowest price in the dutch auction is multiplied by 1.5x. Therefore, the user gets an $1800 rebate in STARS tokens 
  • Since STARS tokens are valued at 5 cents, the user will receive 36,000 STARS as a rebate

The rebate coupled with other bonuses make it more advantageous for a user to purchase a Mogie early.

What is the Mogies derivative collection?

Mogies derivatives are part of a separate NFT collection and contract separate, but linked, to the official Mogies collection to maintain the provenance and collectibility of the original Mogies. Derivatives of Mogies, such as the gold embossed and silver embossed Mogies, will live in this collection to reward Mogies holders.

The gold embossed Mogies, which are gifted to the first purchasers of Mogies in the dutch auction, will forever be stamped in the Mogieland Hall of Fame. 

This collection is meant for rare spinoffs, fashion items, and event-driven NFTs related to Mogies and Mogieland for collectors, fans, and users. 

Mogies in Mogieland - NFT Collection - Chavvo Studios The Simpsons

The Artists

Mogies were created by Erick Tran and his team at Chavvo Studios in partnership with Mogul Productions. 

Erick Tran and his team at Chavvo are the animators of the Simpsons and King of the Hill. He and his team have won Telly, Emmy, and Peabody awards for their work. They were responsible for the design of the Simpsons ride at Universal Studios, have consulted with Electronic Arts on the Simpsons video games, and played an integral role in the development of the virtual reality roller coaster rides at Universal Studios Japan; including Doraemon, Demon Slayer, Attack on Titan, and more. Their experience in licensing, merchandising, animation, and video games for multi-billion dollar franchises will help propel Mogieland and Mogies to the next level as Mogul’s co-partners.

How were Mogies made?

Mogies are all 1/1 NFTs that are sculpted individually using computer generated imagery (CGI). There was no programming used to copy characteristics from one Mogie to another – each was hand sculpted. 

The first step in creating a Mogie was to have the design team create character references and hand-drawn 2D sketches of the character. Then, each character goes through a rigging process to create the 3D skeletal model of the character. This allows the character to easily be transformed into animated versions of themselves. The last step is to bring the characters to life with the Mogies animators.

If Mogies were 2D characters, and did not go through this process, they could not exist in a 3D space like the Metaverse. Mogies, due to this rigorous design process, can easily walk through the space and live in Mogieland.

How are Mogies rarities determined? 

Mogies have 7 different facial expressions that are based on the 7 universal emotions that humans wear on their face. These facial expressions will play a role in how their characters will interact in future Mogies series’ and creative concepts.

Mogies have 5 tiers of rarity, which are denoted from the background in the NFT:

Mogies in Mogieland - 5 Tiers of Rarity - NFT
  1. Anger
  2. Fear
  3. Disgust 
  4. Happy
  5. Sad
  6. Surprise
  7. Contempt

These expressions were assigned custom to each Mogie based on their perceived personality.

Mogies also have a STAR Ranking in their metadata, which is a score out of 100 denoting the popularity of the Mogie in Mogieland.

There are a select number of Mogies that have angel wings. If the actor that played the Mogie character passed away outside of Mogieland at the time of the mint, their Mogie character has been represented with angel wings. 

There are several different colors of flat backgrounds in Tier 5 Mogies. These were chosen on an aesthetic basis by the animators of the Mogies and colors were grouped together with families of Mogie characters. 

For more information please visit the Mogies NFT Utility page.

https://my.mogulproductions.com/platform/mogie/utility

Mogies in Mogieland - Mogul Logo - NFTs Collection - Film3
Categories
Blog Posts

Let’s Make A Film Together!  VOTING IS BACK

The Mogul development team is assembling the newest features for Mogul’s NFT Marketplace and ecosystem. Ten major features have been or are about to be onboarded. A new feature will be reviewed each week over the course of ten weeks.  

Mogul Development Update #10 

For this exciting update, Jake Fraser, Head of Business Development joined us to discuss.

“The whole premise of Mogul is to enable filmmakers to get their stories turned into a cinematic release.  For filmmakers that were struggling to get financing or launch their story into the market, we see a gap here.”

One of Jake’s favorite references is the Deadpool story.  Deadpool had rested in development purgatory for years. Animated test footage for a Deadpool movie leaked online and was met with critical acclaim, resulting in 20th Century Fox finally giving the greenlight to the project.

It got made into a film because it was the power of the crowd demanding that it should be made into a movie. 

“That’s the premise of Mogul. Bringing power back to the crowd”

To dive into the voting more specifically; how the process works when we had done voting in the past is we had a submission process called Showcase. With the Showcase portal on Mogul, people submitted their stories and screenplays. 

Once they were submitted, our team of award winning producers in Hollywood and the entertainment industry reviewed them. Mogul would then come to a shortlist of three films based on the producer’s recommendations and expertise.  

We’d present those three films to the community. Then the community votes on what film they want to see turned into a cinematic release. 

Once greenlit, the production team then commences with the production or pre production process from where they are. It’s a hybrid financial model.  There are voters staking STARS, combined with NFT funding, private funding and Mogul’s Film Fund.

We have had some great success in the past, an example of this was the first film we helped fund, Bonded.  

It was the first film that Mogul helped finance from the script to screen process.  It’s super exciting that the premiere was this year. And now it’s about to commence its tour on the film festival circuit.

Inspired by a true story, BONDED follows the journey of a teenager from Mexico whose dreams of becoming a soccer star are shattered when he’s smuggled across the border and sold to a sweatshop making party dresses in downtown Los Angeles.

It highlights the power of Mogul and how we can get cool stories to the big screen.

The voting community is really a collaborative way for film lovers to have a voice and be a part of the whole process.  Not only are they part of the process from a voting standpoint and get a say in what gets to be turned into a film.  But they can also be part of the process for buying the NFTs that we offer the community that are attached to the film.

Utility based NFTs are designed to bring the fans closer to the action via different forms of experiential utility and behind-the-scenes access. A couple of examples of those could be attending red carpet premieres, It could be getting producer credits on a film, It could be getting access to behind-the-scenes content from the production or It could be meeting a lead actor for face time. 

This is how voting works moving forward. People will vote with their  STARS utility token.  That gets kept in a smart contract.  When the fans help vote for a film, they get access to certain perks.  

Voters are able to get rewards from the film’s net proceeds.  For example, up to 50% of the film’s net proceeds can possibly be distributed back to the voting community, via a smart contract. If you don’t vote, you don’t get rewards.  By voting you are participating in the project and staking tokens. The last winning film from showcase, Terminal Station, had over 30,000 votes.  

This collaborative process is always what resonates with people I talk to.  

Jake speaks to a lot of external people be it partners, users, people in film. They all love the idea of crowdfunding and community empowerment in the film industry.  That’s why he feels we need to lean into this more. 

“There are a million NFT marketing places, but no one else is doing this with film.”

How that fits into the overall strategy is we are trying to help creators and fans have more power in the script to screen process. 

We have built a voting system called quadratic voting.  It’s a product we built that prevents double voting, fraudulent activity and people trying to game the process.

A quadratic voting system is an alternative to a plurality voting system. 

A plurality voting system is one that we are all familiar with. Every voter gets one vote, all votes are equally weighted, and the candidate that ends up with the most votes wins. That’s it!

Quadratic voting uses an equation to weigh votes differently. 

With this system, STARS token holders are assigned a certain number of votes per token they own. For every token that a holder has, they get fewer voting credits, so large token holders with millions of coins are unable to skew the vote. 

This promotes active participation in voting from all of the STARS token holders, regardless of their size, because each holder has a voice in the process. Small holders have a proportionally large voice; which in turn allows Mogul to gauge the sentiment across our entire community, and not just a few large holders!

Why Quadratic Voting Keeps Things Fair

The number of voting credits you get at Mogul depends on how many STARS tokens you own. This is one reason for the implementation of a quadratic voting system. Mogul doesn’t have a “one person, one vote” system. STARS tokens can be earned through on-platform activities, contests, or purchased, so the number of tokens an individual person owns varies a lot!

An early adopter or large purchaser of STARS tokens has many more tokens to vote with than somebody who owns just a few tokens, but quadratic voting makes it less likely for a user with more tokens to skew the voting, because purchasing enough voting credits to do so would be VERY VERY expensive.

There is also a secondary (and equally important) benefit to the quadratic voting system. It prevents voters from buying votes or registering fake Mogul accounts to try and skew the voting of a particular showcase round to unfairly pump up the odds of certain movies going into production.

We are trying to help really good creators and fans have more power in the script to screen process for the film and entertainment industry.  

We had to build a proprietary quadratic voting system.   It positions us as innovators in the crypto entertainment space.  With the technology, it prevents double voting and fraudulent activity. It prevents bad actors, pardon the pun. 

It’s a hybrid financial model with voter staking, NFT film memorabilia funding, private funding and a Mogul film fund.   It’s a big push to greenlight a project and move this into the community.  Once a film is greenlit and depending on what stage the film is in, the production team will commence with the pre-production and production process. 

Getting the buy-in from the people that are actually going to watch the film it sets up a better chance of succeeding, because we already have the market’s approval with what they want to watch.  

We are pooling together different stakeholders to make this as successful as possible.  We are getting the fans involved, financiers involved, and an amazing production team involved.  The role Mogul plays is that it acts as the bridge between the traditional entertainment industry and the new innovative way of film financing and blockchain.  We’ve nailed that innovation and  technology on our platform and are excited to help scale this to the masses.. 

For more information on the voting process: Gitbook

For more information on Quadratic Voting: What Is Quadratic Voting?

For other developmental articles:

The Future of Unlockable Content in Your NFTs

Performance Upgrades in Mogul’s Marketplace V3

ERC721 The Super Soldier of NFTs

Automated NFT Minting Comes to Mogul

Marketplace and Email Notifications, Enhancing Fan Exposure

Guide to Acquiring NFTs on Mogul Marketplace

Navigating The Mogul NFT Interface

Mogul UX and UI Optimization

Utilizing Your Mogul User Account

Mogul is where movies meet blockchain. Mogul partners with some of the biggest names in entertainment, helping artists of all sorts connect with their most loyal fans on different levels, while giving them innovative ways to engage with their favorite performers.  

Navigating New Frontiers

Mogul Productions is capable of leveraging these advanced technological innovations to give artists and buyers alike a more robust user experience.

Toward The Future

The Mogul NFT Marketplace is the marketplace where film & entertainment meet blockchain.  The development and marketing team keeps up and is often ahead of technological advancements within the blockchain community.  

Mogul’s community-oriented system is specifically built for the entertainment industry,  making its partnerships with moviemakers, music makers, content creators, and intellectual property owners winners .

Stay tuned next week when we discuss another of the newest features to the Mogul marketplace.

Are you ready to unlock the potential of NFTs in film entertainment?  

Need a robust platform to build your fanbase and raise capital?

Claim the Ultimate NFT Guide for Producers

Categories
Mogul Press

Mogul Partners with Bubble Maps to Offer STARS Holders Unique Data Visualization Experience

Mogul Productions, a DeFi and NFT marketplace platform for the entertainment industry, has partnered with Bubble Maps, a crypto data company. Bubble Maps helps the DeFi ecosystem become a safer place for token holders. Bubble Maps, their flagship product, provides users with an interactive way to explore on-chain data, including transfers and wallet connections. As of today, Bubble Maps supports over 200 tokens on Binance Smart Chain (BSC).

By listing STARS on Bubble Maps, Mogul is becoming more transparent and helping users access deeper information on the health of the ecosystem. Mogul will enable its community to conduct deeper research on STARS, which can be staked again, beginning from May.

Bubble Maps data analytics tool is compatible with BSC, letting BEP20 STARS holders better visualize transactions.

On Bubble Maps, each token has a unique map that displays the way top holders interact with each other, revealing deeper connections between wallets. Specifically, every wallet is represented by a bubble, whose size is proportionate to its holdings. Only the top wallets are displayed, and every interaction between them is shown on the map.

For example, here is what the map of MoonLight’s native token looks like:

While Bubble Maps lets users visualize wallet interactions in a fun way, the data analytics tool is more than just about visualizing transactions. It highlights any potential red flags related to price manipulations, suspicious large transactions, and attacks.

As a rule, the simpler the map, the healthier is the token distribution. If there are large clusters of interactions, it can be related to private sales, centralized exchanges, or suspicious activities.

Bubblemaps is a new way of exploring on-chain data through accessible and playful visuals. “Thank you Mogul for getting listed, you are showing a high level of transparency to your community.  Everyone can now analyze the distribution for your $STARS tokens!” Said Nick, CEO of Bubble Maps

The service is trusted by high-profile entities in the crypto industry, including Coinmarketcap, Coinbase, CoinGecko, and TechRate, among others.

Mogul Launches Longest Staking Program

The partnership with MoonLight comes at the right time, as Mogul launched a staking program starting on May 15. According to the program, 14 million STARS tokens will be rewarded to the community until May 2023. The staking program supports BEP20 tokens only, and users are encouraged to swap their STARS from Ethereum to BSC if they want to take part in it.

Token holders can lock their STARS for specified periods of time in order to earn a STARS reward rate, which is defined by the pool they are entering. Specifically, the rewards increase with the lockup period.

For DeFi enthusiasts, this enables token holders to lock an amount of their tokens to accumulate rewards. This creates liquidity within the ecosystem, while providing yield opportunities for stakers. On Mogul, staking rewards are received in the form of STARS tokens, and users can withdraw their rewards at any given point in time. However, if withdrawals are conducted before the predetermined lockup period requirement, users will not be eligible to claim the rewards.

Mogul hosts four reward pools for its staking program, each having a different number of STARS allocated for rewards. The reward rate per pool will vary over time. The pools are as follows: ‍

  • VIP Pool (accepted tokens: STARS) – 1,000,000 STARS are allocated for rewards. The minimum lockup period is one month, and the reward benefits will go on for three months.
  • Backstage Pool (accepted tokens: STARS) – 3,000,000 STARS are put aside for rewards. Users have to lock their STARS for no less than two months in order to be eligible for rewards, which will be given for six months.
  • Oscar’s Pool (accepted tokens: Pancake Swap STARS_BNB LP Tokens) – this pool accepts Pancake Swap LP tokens only. It has 4 million STARS allocated for rewards. The minimum lockup period is three months, and the rewards will be given for nine months.
  • Red Carpet Pool (A-List Pool; accepted tokens: STARS) – 6,000,000 STARS are reserved for this pool, which has a lockup requirement of three months at least. The rewards will be given for a period of one year.

About Mogul Productions

Mogul Productions is where movies meet blockchain. They offer DeFi, NFT, and Metaverse product lines to help bring fans closer to the big screen. It is currently the only global NFT marketplace and DeFi platform focused on the film and entertainment industry. Mogul accelerates NFTs adoption in film, music, and television, providing unique experiences to fans and helping artists leverage the best features of blockchain.

The platform is backed by a professional team of producers who have created 95 feature films that have generated $425+ million in box office revenue.

Categories
Mogul Press NFT Drops

Mogul Partners With Arabian Camels NFT To Help Launch Upcoming $50M Feature Film “Antara”

Mogul Productions is excited to partner with Arabian Camels NFT, the $50M NFT collection behind the upcoming featured film “Antara”.

Antara is a 6th Century swords and sandals epic that is to be directed by Tarsem Singh. It tells the true story of Antara Ibn Shaddad, a black slave who won his freedom and became a knight, and one of the most famous poets in ancient Arabia. Antara became an icon of Arabic literature and a monument for the warrior code of ancient Arabia. 

The Arabian Camels NFT Collection

First dropped in 2021, the Arabian Camels collection helped lay the foundation for IP from the upcoming feature film Antara.  

NFT holders can get acting parts in the film, access to the film’s premiere, and part-ownership of the movie. The community is also eligible to earn a yield on their NFTs during production. 

The vision behind Arabian Camels is to create a whole new platform and ecosystem where creators, producers, digital artists, and communities can collaborate to create something special for movie lovers. 

“We have received fantastic support from the film and crypto community in helping bring the epic story of “Antara” to life via our Arabian Camels NFT. We are delighted to be aligning with an innovative platform like Mogul which is helping lead the charge to bridge the film industry and the crypto industry,” Alexander Amartei, Arabian Camels Producer, said.

At the 75th Cannes Film Festival anniversary, the subject of NFTs is taking the main stage. The Arabian Camels are making noise in Cannes and Monte Carlo this year, as they present their NFT collection for the upcoming Antara movie.  Their model is leading the way toward the future of Hollywood, with their convergence of NFTs, DeFi, Web 3 community and movies.

Mogul has reserved an exclusive allotment of the Arabian Camels collection on their NFT marketplace, to help drive funding for the “Antara” movie.

This strategic partnership is designed to shine a spotlight on the fantastic work the Arabian Camels team has done, and use Mogul Productions’ platform to elevate funding and film awareness. 

“A huge part of what we strive to do at Mogul is to leverage the power of the crowd to bring incredible stories to life. The story of Antara is fascinating and there has already been so much success and interest around it via the Arabian Camels NFT. We are thrilled to offer our community the chance to get involved in the action and assist in bringing the film to life,” Jake Fraser, Mogul Productions’ Head of Business Development, said. 

Mogul Productions is revolutionizing film financing, allowing a global audience of fans to participate in the financing of movies and other forms of entertainment through NFT sales. Mogul’s NFT marketplace serves as a bridge between the NFT arena and the world of entertainment financing. It’s a platform for film fans, by film fans, empowering users to take an active role in the script-to-screen process. 

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STARS Staking Begins

$STARS Staking is a go!  

Lights. Camera. Action!  Starting Sunday May 15th, Mogul launches its longest staking program to date! 

14 Million STARS tokens are to be rewarded to the Mogul community 

Mogul Productions strives to drive extra value to our loyal STARS holders. 

The program will last for an entire calendar year – giving STARS holders another way to use their tokens as we execute on our 2022/2023 roadmap!

STARS token holders can lock their tokens for specified periods of time in order to receive a STARS reward rate, which is defined by the pool they are entering. The longer the lockup, the more rewards!

STARS Staking Begins_Mogul Productions

Staking means to lock your tokens to earn rewards. Rewards are accumulated passively for locking your STARS tokens for defined periods of time. Staking rewards are received in the form of STARS tokens.

Reward Pools

Each reward pool has a different number of STARS allocated to reward the users in the pool.

The reward rate per pool will vary over time.  It is calculated each block according to the STARS allocated to the pool, and the number of STARS the users have put into the reward pool. Rewards are issued proportionally according to the number of STARS a user stakes.

Reward pools starts on May 15th. Users can withdraw their STARS at any given point in time. But to be eligible to claim pending rewards, users must meet the minimum lockup requirement in the pool.

If a user withdraws before the minimum lockup requirement, they will not be able to claim their rewards.

VIP Pool

Token: STARS

# of Rewards: 1,000,000 STARS

Min. Lockup: 1 month

Reward Payment: 3 months

 

Backstage Pool

Token: STARS

# of Rewards: 3,000,000 STARS

Min. Lockup: 2 months

Reward Payment: 6 months

 

Oscar’s Pool

Token: Pancake Swap STARS_BNB LP Tokens

# of Rewards: 4,000,000 STARS

Min. Lockup: 3 months

Reward Payment: 9 months

 

Red Carpet Pool (A-List Pool)

Token: STARS

# of Rewards: 6,000,000 STARS

Min. Lockup: 3 months

Reward Payment: 12 months

Scroll down further for staking instructions.

How to Stake

Go to https://my.mogulproductions.com/platform/starsStaking

or go to the Mogul NFT Marketplace and click on Staking.

This user interface on the  Mogul NFT Marketplace will be available during the year-long staking time slots, where STARS token holders will be able to APPROVE and  STAKE their STARS to enter the pool of their choosing.  It will show stakeholders their profitability in their dashboard.

The STARS staking program is for BEP20 STARS

This way users do not have to pay as high of a gas fee to enter the pool and claim their rewards; fewer fees and more rewards for our community!

For  users which need to swap their tokens from ETH to BSC in order to take part in the STARS staking, we suggest using AnySwap.

AnySwap Bridge: https://anyswap.exchange/#/bridge

For more information on swapping STARS click here

Select the pool that you wish to stake your STARS tokens in.

Your wallet will display how much STARS you have available on the BSC Network. 

Enter the amount or percentage of STARS you wish to stake for this pool and click on the “APPROVE STARS” button. 

This will take the user to their crypto wallet. Confirm you want to make this transaction.  Once confirmed the “Approve Stars” button will change to “STAKE”

Click on STAKE.

Confirm the transaction on your crypto wallet.

Once confirmed, this message will appear and you have successfully staked your STARS.

The pool rewards are issued every BSC block. This means that the pool end dates are approximated according to the average block time on BSC. Therefore, the pool end dates may not be exact.

* It is important to note that users must meet the minimum lockup threshold to be eligible to claim their pending rewards. Rewards can be claimed after the reward payment period ends. This period differs for each pool. There is no minimum or maximum amount that a user must stake.

Sit back, grab your popcorn, and get ready for the STARS Staking. Program begins Sunday, May 15th!

Beginners Guide to Buying Stars

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Introducing $STARS Staking

14 Million STARS tokens to reward the Mogul community!

Lights. Camera. Action! We’re opening the curtain to bring you Mogul’s longest staking program to date! 14 million STARS tokens given to our users all year long.‍

STARS tokens have been live for over 1 year – and we’re celebrating with more ways to earn rewards. Mogul is launching a year long staking program starting on May 15th to reward our most loyal users.‍

The program will last for an entire calendar year – giving STARS holders more ways to use their tokens as we execute on our 2022/2023 roadmap to be announced next week!‍

Participants will have the opportunity to lock their tokens for specified periods of time to receive a STARS reward rate that is defined by the pool they are entering. The longer the lockup, the more rewards!

What is Staking?

Staking means to lock your tokens to earn rewards. Rewards can be accumulated passively just for locking your STARS tokens for defined periods of time. Staking rewards are received in the form of STARS tokens.‍

Reward Pools

Each reward pool has a different number of STARS allocated to reward the users in the pool. The reward rate per pool will vary over time and is calculated each block according to the STARS allocated to the pool and the number of STARS that users have put into the reward pool. Rewards are issued proportionally according to the number of STARS a user stakes.‍

Each reward pool starts on May 15th. Users can withdraw their STARS at any given point in time, but to be eligible to claim pending rewards, the users must meet the minimum lockup requirement in the pool. If a user withdraws before the minimum lockup requirement they will not be able to claim their rewards.

VIP Pool

Token: STARS

# of Rewards: 1,000,000 STARS

Min. Lockup: 1 month

Reward Payment: 3 months

Backstage Pool

Token: STARS

# of Rewards: 3,000,000 STARS

Min. Lockup: 2 months

Reward Payment: 6 months

Oscar’s Pool

Token: Pancake Swap STARS_BNB LP Tokens

# of Rewards: 4,000,000 STARS

Min. Lockup: 3 months

Reward Payment: 9 months

A-List Pool

For the A-Listers – because they know how to attend a red carpet event!

Token: STARS

# of Rewards: 6,000,000 STARS

Min. Lockup: 3 months

Reward Payment: 12 months

It is important to note that users must meet the minimum lockup threshold to be eligible to claim their pending rewards. Rewards can be claimed after the reward payment period ends. This period differs for each pool. There is no minimum or maximum amount that a user must stake.

The STARS staking program is for BEP20 STARS so that users do not have to pay as high of a gas fee to enter the pool and claim their rewards; fewer fees and more rewards for our community!

The reward pool rewards are issued every BSC block. This means that the pool end dates are approximated according to the average block time on BSC. Therefore, the pool end dates may not be exact.

Sit back, grab your popcorn, and get ready for the STARS Staking Program on May 15th!

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Beginners Guide to Buying Stars

Welcome everyone to Mogul’s ecosystem.  We are the NFT marketplace platform for the film and entertainment industry.  Over the years Mogul has cultivated its team and technology to give you the best experience.  Each day Mogul develops exciting products infused with a strong community spirit.

With so many exciting products from film and entertainment in Mogul’s marketplace, new fans and collectors join our ecosystem daily.

The STARS token is our native cryptocurrency.  STARS allows users to take part in our NFT drops and get involved in the community.  Fans and collectors who wish to buy NFTs on the Mogul platform will need STARS to do so.   It’s used for staking, voting, governance and ownership.

STARS is acquired in two ways. First, by buying/swapping them. Second is by earning them in your smart wallet for staking during voting periods.

This guide to help get you on your way to attaining STARS so you can participate in upcoming NFT drops.

For these walkthroughs, we are using a web browser, not a smart phone.

Go to Mogul’s Marketplace page. The button is located on the top right hand of the Mogul Productions home page.

Here is the link.  https://my.mogulproductions.com/platform/dashboard

Click on Connect Wallet on the top left hand corner

First, you need a crypto wallet such as MetaMask, or have a stored account on MEXC or BitMart, part of the approved exchanges on Mogul’s website.

Setting up your MetaMask Wallet

Go to Mogul’s STARS page  https://www.mogulproductions.com/stars

After clicking on Connect Wallet on the top left hand corner, select MetaMask and connect our wallet.

This video will explain briefly what MetMask is and how it works.    https://youtu.be/YVgfHZMFFFQ

If you do not have a MetaMask wallet already then you must install it.

To do that, go to https://metamask.io/download/  and select the option that applies to you and follow the instructions.

The instructions are different, yet easy to understand for each installation option. For Chrome users in this example the installation will automatically begin after clicking the “Install MetaMask for Chrome” button.

During the installation process Chrome extensions will ask you whether to import an existing wallet or create a wallet.

Deciding to create a new wallet will prompt you to accept or decline data collection information.

Create a new password and agree to the Terms of Use.

Squirrel will prompt you to watch a security video Before getting started, watch this short video to learn about your Secret Recovery Phrase and how to keep your wallet safe.

Your secret recovery phrase is your master key.  Don’t lose it. It’s a series of 12 words which are generated when you first set up MetaMask.  It allows you to recover your wallet and funds if you ever lose access.  It’s important that you secure your wallet by keeping your secret recovery phrase very safe and secret.  If anyone gets access to it they will have the master key to your wallet and can freely access and take all of your funds.

To secure your MetaMask wallet you’ll want to safely save your secret recovery phrase. Nobody including the team at MetaMask can help you recover your wallet if you lose your secret recovery phrase. If you haven’t written down your secret recovery phrase and stored it somewhere safe, do it ASAP.  Do not share your recovery phrase with anyone, including MetaMask.  If anyone ever asks you for it, they are trying to scam you.

Once you have successfully stored your recovery phrase click “Next.”

MetaMask ask you to drag and drop the list of 12 keywords from your recovery phrase into the correct order by clicking on them in the correct order.  If you accidentally put then in the wrong order, you can drag and drop them in the proper order.

Click the Confirm button when ready.  If everything is done correctly, you should get a Congratulations message.

Now let’s go set up your wallet to buy STARS.

Go to Mogul’s NFT Marketplace and click https://my.mogulproductions.com/platform/dashboard

Click on Connect Wallet on the top left hand corner

Click on MetaMask which will open a separate MetaMask program.

Click Next and then Click Connect and your wallet is ready.

STARS is compatible with ETH and BNB. If you’re new to ETH and BNB you need to purchase your very first token using fiat money from a bank account or credit card.

You can also have  ETH and BNB  sent to your new wallet from another source.  Once this is in order, you’re ready to buy STARS.

Let’s go buy STARS!

You can go to Mogul’s STARS page  https://www.mogulproductions.com/stars

or go to the Mogul NFT Dashboard where you will find the Purchase Stars area.  Stars can be bought on UniSwap, Apeswap, and MEXC. The Moonpay button

Buy STARS with BNB on ApeSwap

  • Begin by navigating to the STARS webpage on Mogul and click on the ApeSwap option.
  • Next, connect your wallet by clicking on the yellow “Connect to a wallet” button on the top right.
  • Select and verify the wallet account you would like to connect, click “Next” and then “Connect”. If done successfully, you should see your wallet address alongside a small ape on the top right of the screen.
  • Make sure you’re on the “Swap” option. Then enter the amount of BNB you’d like to swap for STARS. Make sure your wallet is adequately funded with BNB to process this transaction.
  • Next, click the yellow “Swap” button.  Preview and verify that the transaction is correct, and hit “Confirm Swap”. This will prompt your wallet to open to confirm the transaction.
  • Lastly, close the transaction submitted window. We recommend waiting for the transaction to go through completely.
  • You now have STARS tokens in your wallet!

Buying STARS with BNB on PancakeSwap

  • Begin going to the PancakeSwap site.
  • If you don’t have the STARS token already added on Pancake Swap, click on “View on BscScan” on the top right and copy the contract address before continuing back on PancakeSwap. Here is  the BEP20 contract address here for your convenience: 0xbD83010eB60F12112908774998F65761cf9f6f9a. You’ll need to add the token manually, by going back to the token page, hitting the teal “Trade” button on the top right. Once on the exchange page, hit “Select a currency” and choose BNB. Then, when selecting the second currency option, hit the existing token (which is most likely CAKE), click “Manage Tokens” at the bottom, hit “Tokens” on the top right, and paste the contract address to add the token.
  • If you already have the STARS token added on PancakeSwap, hit the teal “Trade” button, which will bring you to the “Exchange” page.
  • Here, you are swapping the top currency for the bottom currency. Begin by clicking “Select a currency” and choose BNB. Repeat this process with the bottom currency, but change this one to STARS.
  • Enter how much BNB you’d like to swap, then click the teal “Swap” button on the bottom. Adjust slippage if needed. (Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed.)
  • Double check that the transaction is correct and press “Confirm Swap”. This will prompt your wallet to open, where you will have to confirm the transaction again.
  • Lastly, close the transaction submitted window. We recommend waiting for the transaction to go through completely.
  • You now have STARS tokens in your wallet!

Buying STARS with ETH on UniSwap

  • Begin by navigating to the STARS webpage  on Mogul and click on the UniSwap option. You’ll then be guided to the UniSwap page.
  • Second, click “Connect Wallet” on the top right of the page and select the wallet you would like to use.
  • Verify you are using the correct account, hit “Next” and then “Connect”.
  • If you’ve done the previous step correctly, your wallet address should show up on the top right corner of the page.
  • Next, ensure that the currency on the top is set to ETH and the bottom currency is set to STARS. Here, you will be swapping the top currency for the bottom currency.
  • If you don’t already have STARS on your UniSwap tokens list, press “Select a token” and search STARS. Make sure you select the one that has “Mogul Productions” next to it, and hit the blue “Import” button. For verification, the contract address for the ERC20 STARS token should be: 0xc55c2175E90A46602fD42e931f62B3Acc1A013Ca.
  • Verify that you are importing the correct token, and hit the blue “Import” button again.
  • Enter the amount of ETH you would like to swap for STARS. Make sure you have more ETH than you are swapping for to ensure gas fees are covered. A gas fee is something all users must pay to perform any function on the Ethereum blockchain.
  • Next, click the blue “Swap” button on the bottom, followed by “Confirm Swap”.
  • Confirm the transaction in your wallet, which should then show “Transaction submitted” on the main page.
  • You can then click on “View on Etherscan” to verify the transaction
  • You now have STARS tokens in your wallet!

Buying STARS with USDT on MEXC

  • For this option, you will need an account with MEXC and be logged in.
  • Begin by navigating to the STARS webpage  on Mogul  and click on the MEXC option. This will bring you to the token page with charts and token details.
  • Click on the green “Buy” button located underneath the STARS price chart. The default pairing (or token if you’re selling for STARS) will be USDT. However you can change this to any compatible token.
  • If you want to purchase STARS  at the most recent token price, set the buying option to “Market” and enter the quantity you’d like to purchase.
  • Your available STARS balance should increase, and you now have STARS tokens in your wallet!

Buying STARS with USDT on BitMart

  • For this option, you will need an account with BitMart and be logged in.
  • Begin by navigating to the STARS webpage  on Mogul and click on the BitMart option. This will bring you to the token page along with charts and token details.
  • Click on the green “Buy” button located underneath the STARS price chart. The default pairing (or token you’re selling for STARS) will be USDT.  However you can change this to any compatible token.
  • If you want to purchase STARS at the most recent token price, set the buying option to “Market” and enter the quantity you’d like to purchase.
  • Your available STARS balance should increase, and you now have STARS tokens in your wallet!

For additional information on our STARS token, visit our gitbook at https://mogulproductions.gitbook.io/mogul-productions/stars-token/stars-info

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Guide to Acquiring NFTs on Mogul Marketplace

The large majority of NFTs available on Mogul NFT Marketplace are purchased with STARS. 

Here are the links for buying STARS on different crypto wallets.

Beginners Guide to Buying STARS

Guide to Buying STARS on MEXC

Guide to Buying STARS on MEXC (Video)

How to buy STARS on ApeSwap (Video)

How to buy STARS on BitMart (Video)

How to buy STARS on UniSwap (Video)

How to buy STARS on PancakeSwap (Video)

PART 1:  NFT drops can only be minted on either the ETH network or the BSC network.

THEY CANNOT BE MINTED ON BOTH NETWORKS AT THE SAME TIME.

This is a general misunderstanding some beginners have about buying NFTs on the Mogul NFT Marketplace… or any other marketplace for that matter.

ETH Searches will only display NFT collections that are on the ETH (Ethereum) network. 

BSC Searches will only  display NFT collections that are on the BSC (Binance Smart Chain) network.

Each available NFT on the Mogul Marketplace on the Ethererum “ETH” network will appear with the ETH symbol located inside the description. 

BSC Searches will only  display NFT collections that are on the BSC (Binance Smart Chain) network.

Each available NFT on the Mogul Marketplace on Binance Smart Chain “BSC” network will appear with the BSC symbol located inside the  description.

Mogul’s newest universal NFT collection display will show both ETH and BSC together.   However all the NFTs will still either be part of one network or the other.

PART 2:  Mogul NFT Marketplace only displays the STARS on the network you are currently attached to.

‍IF YOU ONLY BOUGHT STARS ON ONE NETWORK THEY CAN’T AUTOMATICALLY  BE ON BOTH NETWORKS AT THE SAME TIME.

So if you own your STARS on the ETH network….

 … it doesn’t automatically mean you own STARS on the BSC network and vice versa

So even though there are 3,408.4 STARS on the ETH network, they can’t be used to  buy the NFT below for 450 STARS because it is on the BSC network.

Solution: You can buy more STARS on the BSC network, send STARS from another crypto wallet,  or you can do this.

Swap the STARS from ETH network to BSC.  Here’s how to do it.

For this process we are going to use a Metamask wallet to go through the entire process of purchasing a NFT.

PART 3:  How to swap STARS tokens between the ETH and BSC networks.

Step A

Select the Network on the Mogul NFT Marketplace that you wish to transfer STARS from.  

(This is the network that has the STARS you are transferring)

If you switch over from one network to another, your crypto wallet, such as MetaMask in this example,  will prompt you to confirm switching over to another network.

Step B

In this example we are using the AnySwap to make the swap.

Click on the link to open AnySwap

AnySwap Bridge: https://anyswap.exchange/#/bridge

Connect your wallet to AnySwap

Make sure you are on the “Bridge” tab.

Change the From to ETH (or whatever the default cryptocurrency is) to STARS.

After you connect your wallet to AnySwap will be able to see the amount of STARS you have..

Make sure the amount of STARS you are swapping is at least the minimum (circled below). 

Then click “Swap”. The click “Confirm” when prompted.

Scroll down and click “Confirm” on your wallet.

(If you wish to see more information on swapping STARS click here.https://mogulproductions.gitbook.io/mogul-productions/stars-token/bridge)

Once the swap is complete.  Go back to Mogul Marketplace and select the other network that you were swapping STARS to. This will prompt Metamask or whichever wallet you are using to switch to the same network

You should see the STARS you swapped on your other network now.

Select the NFT you wish to buy with STARS. Click on Purchase NFT

Select “Approve” 

Confirm the transaction.

Once confirmed, the NFT is ready to be purchased with STARS.

Click “Purchase”

* NOTE: If the wallet did NOT allow you to make the NFT purchase, scroll down to the TROUBLE SHOOTING section.

Your wallet will ask you to Confirm the purchase.  Click “Confirm”

The NFT purchase is now completed.  As long as your wallet is linked to the Mogul NFT Marketplace, you can now Transfer or Sell your NFT.

Also the unlockable content within this particular NFT is now unlocked.

Every NFT purchase is unique. In this particular case regarding Unlockable Content, the Metamask wallet is asking to “Sign” that the wallet’s account is the rightful owner. .

The Mogul NFT Marketplace should update the amount of NFTs owned on the connected wallet. 

TROUBLE SHOOTING

The NFT purchase transaction should go through.  Unless you get this message.

Every transaction swap on blockchain requires gas. Depending on the Network you are transacting in you will need either  ETH or BNB.  On the Ethereum gas is paid with ETH and on the Binance chain it’s paid with BNB. 

If you don’t have ETH or BNB depending on the Network, you will have to…

Buy it by selecting and clicking on “Buy”.  Then continue to either Transak to pay by credit card or Apple Pay.  (Both options will automatically copy your wallet address over) ….

 …Or pay by direct deposit.

From there it will take you to the Transak website to select the amount f 

Use Transak with a credit card or Apply Pay will require going through a KYC (Know Your Client) Process. Once completed and the transaction is approved, your ETH or BSC tokens will appear in your wallet.

or receive it from another wallet into your wallet.  Click on the copy button where your address is and give it to the sender wallet to receive the proper cryptocurrency into your MetaMask wallet, in this example.

Is there only one MetaMask address?

Yes, you use the same address for different ERC20 tokens on the Ethereum network, as long as your wallet is compatible with the ERC20 token you can use it with that wallet on the same address.

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How Supernovas preserve the value of STARS token holders

Mogul is always thinking of new ways to reward STARS token holders and preserve its purchasing power. 

STARS tokens are used to buy NFTs on the Mogul Marketplace, redeem exclusive rewards, gain early access to new NFTs, and shape the Mogul community and metaverse.

Buying Mogul NFTs with STARS also rewards buyers with discounts and lower gas rates. 

Every time STARS are used for in-app activities, Mogul destroys a portion of the STARS used to complete the action.  

That includes:

Purchasing limited-edition NFTs that are only made available to STARS holders

Purchasing rewards with STARS

Submitting scripts for Mogul’s review

Here at Mogul, we call it a Supernova when a portion of STARS are permanently taken out of circulation, or burned.  

Supernovas help maintain the value and quantity of the STARS currency in circulation, as well as protect and reward our community of token holders.  It’s a credit cancellation process. Supernovas are scheduled to occur on the third Friday of every month and more may be added as circumstances allow.

Fun fact:  A supernova is a powerful and luminous explosion of a star. It’s a transition stage of a star’s life cycle where the astronomical event occurs at the last stage of the star’s life. At Mogul, a supernova means we’re removing STARS tokens from circulation permanently 🔥

For more information on Supernovas…

https://mogulproductions.gitbook.io/mogul-productions/stars-token/stars-burn-history

Beginners Guide to Buying STARS

Guide to Buying STARS on MEXC

Guide to Buying STARS on MEXC (Video)

How to buy STARS on ApeSwap (Video)

How to buy STARS on BitMart (Video)

How to buy STARS on UniSwap (Video)

How to buy STARS on PancakeSwap (Video)

Guide to Acquiring NFTs on Mogul Marketplace

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Using Dutch Auctions to Sell Your NFTs

Auctions are a popular and proven method for film, music and entertainment artists to successfully sell out their NFT collection drops at the best price possible.  

The trend is changing on how exactly to do this. NFT marketplaces are using the Dutch auction technique more often.  This technique is different from the traditional selling method used by auction houses.

With a regular auction, the opening price bids start low and progress higher when buyers willing to pay a higher price for the same item make the bids.  The final price is determined when the highest bid is made. At which point, the item is sold to the highest bidder.

With Dutch auctions, everything is reversed. 

Distribution of a NFT collection needs to be fair and random. Prices start very high and then slowly drop at predetermined time intervals, such as 10 or 20 minutes.  

As the tap on price tag starts dripping, collectors snatch up NFTs.   There is usually a predetermined floor price.  Rarity is based on provided price levels and mints in the collection. The lower the price, the higher the risk is of missing out. 

Artists want to sell out at the end of a Dutch auction.

Dutch auctions are available to everyone.

Cereal Club recently sold out its whitelist collection of 10,000 NFTs just 24 hours using the Dutch auction strategy. The success came as the original Dutch auction price of 1 Ethereum was slashed by 50%.

Even with a hefty mint price, the RPG game Pixelmon raised $70 Million in primary sales using a Dutch auction strategy.

Even traditional auction houses have caught up with the NFT fever.  The Christie’s and Sotheby’s houses recorded the top sales so far, including the Beeple’s digital art, which sold for a massive $69 million at Christie’s in March 2021.

What if we could help you build that fanbase?

Fans create buzz. Fans want to be a part of the creative process.

If artists and filmmakers engage their community in inclusive ways, they may have a better road taking their idea from inception, to reality.  

Mogul wants to help artists shine. 

Claim the Ultimate NFT Guide for Producers

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