• Author: Quirky NFT
• Date: 26 July 2022
• 0
• Category: Open Head NFT

Pioneering on-chain raffle NFT project, Open Head NFT, recently launched some amazing features to accompany their primary utility to holders.

One such feature is Lootboxes! Holder's of the Ethereum Blockchain project can now open Lootboxes for a chance to win some great NFT prizes, which include Blue Chip's such as World of Woman Galaxy.

To be eligible to open Lootboxes, holders are required to own a LootCoin Storage, which is a special NFT deployed by Open Head. Holding a LootCoin Storage gives the holder 1 free Lootbox every week, but you can upgrade this perk to open additional Lootboxes.

Below is an overview of the Open Head NFT Lootboxes and the related items with some examples;

What are Lootboxes?

Every Holder with a LootCoin Storage gets 1 free lootbox a week.

Lootboxes contain prizes and can be opened using LootCoin.

50 LootCoin are required to open additional Lootboxes.

Lootbox prizes range from $HEAD to NFTs with varying value. Each prize has a designated % chance of being opened during each Season.

What is LootCoin?

LootCoin are accrued daily by all Open Head & Chibi Head NFT's (Open Head's spin-off collection). Each NFT will accrue 10 LootCoin daily at 12am EST into a holder's LootCoin Storage if they hold a Season Pass.

What is a LootCoin Storage?

LootCoin Storage is required to store accrued LootCoin. LootCoin Storage can hold up to 50 LootCoin and are stackable.

For example, if you hold 3 LootCoin Storage you can accrue up 150 LootCoin.

What is a Season Pass?

A current Season Pass is required to enable your Open Head or Chibi Head NFT's to accrue LootCoin into your LootCoin Storage. Season Passes are valid for a period of 8 weeks which is the length a Season lasts.

How do I open more Lootboxes if I own more than 5 NFTs?

Because a LootCoin Storage only holds up to 50 LootCoin, holding 10 NFT's means you could accrue 100 LootCoin a day but are capped at the storage capacity of your LootCoin Storage.

To open more Lootboxes you need to hold more LootCoin Storages.

For example, if you hold 10 NFTs, you could open 2 Lootboxes a day if you own 2 LootCoin Storages.

To find out more about Open Head's Lootboxes, hop into their discord server: https://discord.gg/openheadnft