Binance NFT Marketplace Launches Exclusive “MOBOX Challenge”: Burn MOBOX MOMOverse NFT Avatars to Win BNB and MBOX Tokens!

Fellow Binancians,

The Binance NFT Marketplace is excited to present the MOBOX Challenge activity, which will be available to users who hold MOBOX MOMOverse NFT Avatars in their accounts. The MOBOX Challenge is designed to give utility to the MOBOX MOMOverse NFT Avatars whilst resolving the value dilution of the MOBOX MOMOverse NFT Avatars.

About MOBOX Challenge

Activity Period: 2022-05-31 11:00 (UTC) to 2022-06-14 23:59 (UTC) (or until such time as specified below)

Users who have MOBOX MOMOverse NFT Avatars can participate in the MOBOX Challenge to win rewards made exclusively available by Binance NFT.

The rewards are available on a first-come-first-served basis. Once the activity period ends or all rewards are successfully claimed, whichever comes first, the MOBOX Challenge ends and all remaining tickets will expire automatically.

How to participate in MOBOX Challenge?

Users can participate in the MOBOX Challenge by burning their MOBOX MOMOverse NFT Avatars in exchange for tickets which grant users a chance to win BNB or MBOX tokens. Users may burn multiple MOBOX MOMOverse NFT Avatars for the corresponding number of tickets. Tickets can be viewed on the MOBOX Challenge activity page here. Users may visit the activity page to unlock one of the four rewards any time during the activity period after they get a ticket.

Reward structure:

Terms & Conditions:

• Users have to complete KYC to participate in the MOBOX Challenge. Non-KYCed users, illegally bulk registered account holders and users from restricted countries/regions who received “MOBOX MOMOverse NFT Avatars” are not allowed to participate. For more, please refer to Binance Terms of Use and Binance NFT Marketplace Terms of Conditions.
• The participant shall be granted one ticket for each burned MOBOX MOMOverse NFT Avatar, and each ticket entitles the participant to receive one reward. The burned MOBOX MOMOverse NFT Avatars will be permanently removed from users’ accounts.
• The rewards are claimed on a first-come-first-served basis and will be distributed immediately to the spot wallet of the participant. Once the activity period ends or all rewards are successfully claimed, whichever comes first, the MOBOX Challenge ends and all remaining tickets will expire automatically.
• Users can view their BNB and MBOX rewards via User Center > Transaction History > Orders > Distribution.
• During the MOBOX Challenge, users can list and trade their MOBOX MOMOverse NFT Avatars on Binance NFT marketplace.
• MOBOX MOMOverse NFT Avatars that are listed for sale on Binance NFT marketplace cannot be burned in exchange for tickets. They need to be removed from sale first, in order to be burned in exchange for tickets.
• When the MOBOX Challenge ends, MOBOX MOMOverse NFT Avatars that are not burned will be locked in users’ accounts and cannot be withdrawn, listed or traded forever.
• Binance reserves the right to disqualify any participants showing signs of fraudulent behavior immediately.
• Binance reserves the right to disqualify trades that are deemed to be illegally bulk registered accounts.
• Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.

For more information:

• Withdrawals for MOBOX NFT Avatars Suspended
• Binance NFT Opens Withdrawals for MOBOX NFT Avatars
• Binance NFT Marketplace Launches Exclusive “MOBOX MOMOverse” Mystery Box Collection with the New NFT Prerequisite Feature via the Subscription Mechanism

Learn More About Binance NFT Marketplace:

• How to Find Your NFT Contract Address
• How to Get Started with the Binance NFT Marketplace
• How to Buy an NFT on Binance NFT Marketplace
• How to Sell an NFT on Binance NFT Marketplace
• How to Deposit NFT on Binance
• Find Out More About NFT Mystery Box Collection

Disclaimer: NFT trading is unregulated and subject to high market risk. Please make your trades cautiously. There may be no recourse for any losses. You understand and agree that your access and participation in this activity is at your own risk. Binance NFT Marketplace does not give any advice or recommendations regarding your NFTs.

Thanks for your support!

Binance Team

2022-05-31

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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Note: This announcement was last updated on 2022-06-01 to clarify that the MOBOX Challenge is applicable to all eligible Binance users who hold MOBOX MOMOverse NFT Avatars.

Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.