If you have filled out our previous forms you will know we will be offering either a burn and refund of gas fee or a free V2 airdrop. Those who do not want V2 will be refunded and those who do will be airdropped. Anyone who minted an ATEM NFT will be compensated and the amount paid for minting will be refunded. T’s and C’s to follow.
If you are on the refund request form now and if you don’t process the refund within the activation time of the contract, we will proceed to give you a V2 airdrop.
The contract will take effect from Mar 30 9pm UTC +8 to activate burn and refund and stop on Apr 2, 9pm UTC +8.
The contract operates according to a pre-defined whitelist, which consists of the addresses of the people who submitted our google form. We have verified that whitelist and figured out the gas fee paid for minting of everyone in it as all of this is based on on-chain data. The list for this can be found here:
https://docs.google.com/spreadsheets/d/1cikwn3NzSzEXUFgWXl19Ubrj0zacafSqEen2yyLsrbk/edit?usp=sharing
The contract is designed for "burn-and-refund". That means, the users in the whitelist can go to our website (which will be launched later) and confirm to burn their minted V1 NFT. When confirmed, the contract will "burn" that specific NFT token (i.e., transfer it to NULL address and delete it from the total supply), and refund the gas fee they paid for minting that token. The "burn-and-refund" is an automatic operation, which means that either they both succeed or both fail. So users do not need to worry if they would burn the NFT for nothing. If you minted an ATEM NFT you will be compensated.
Before users confirm to burn on our website, we will display the token id of the NFT they will burn, and how much ETH they can get, so that users can decide whether they want to burn before confirmation.
The refund amount will be the V1 gas fee (this can be found in the refund list + 0.005 ETH (burning gas fee)
And there are some rules:
only the "minted" v1 NFT can be burned, i.e., if someone bought their NFT from someone else on the secondary market, he can not burn and be refunded;
inferred from point 1, one address can only burn (at most) one NFT, because in the V1 contract, we only allow one address to mint 1 NFT.
If one holds more than one NFT per address, if one of these NFTs are minted by themselves, then they can burn that one. If all these NFTs are bought from someone else, then they can not burn i.e. You are entitled to the burn and refund only if you minted the NFT yourself.
According to the V1 NFT contract, one can mint at most 1 NFT.
The following is the snapshot list of the NFT holders:
The following is the site for burning:
The v1 NFT burn & refund contract has been completed and was audited by @scriptdotmoney. It is available for public review: