# MintBox FAQs ### 1. **What is MintBox?** MintBox is the mechanism for the first public issuance of Tokenized Interest. After a card or a group of cards is tokenized, it may be opened for participation through MintBox. You participate with USDC. The platform then allocates Tokenized Interest to winning users under public and verifiable draw rules. Any non-winning portion of USDC becomes available to claim, and must be claimed manually by the user. > **MintBox Legal Characterization Statement** > > MintBox is a limited participation allocation mechanism based on open and transparent rules. It is not gambling, lottery, or betting in any form. > > * The total value of Tokenized Interest contained in each Box equals its participation price (Box Price); users who win receive assets of equivalent value; the USDC corresponding to non-winning portions may be claimed by the user; and the secondary-market price of the Token after listing is determined by the secondary market. > * Users do not face a situation where they pay consideration and receive a prize worth less than that consideration, nor do they face a risk of losing all or part of the amount paid. > * The mechanism uses public and verifiable technical methods to ensure fairness and transparency, and complies with the relevant laws and regulations of the platform's operating jurisdiction. ### **2. What are Box, Tokenized Interest, and Ticket in MintBox?** **Tokenized Interest** is the tokenized right associated with a specific underlying card. It represents your share of participation in that card market. **Box** is the participation unit in MintBox. Each Box contains only one card's Tokenized Interest; different Boxes may correspond to different cards and different token quantities. **Ticket** is the draw entry you receive after participating. Each Ticket enters Draw Factor matching and ranking, which ultimately determines whether it wins and, if it wins, which Box number it receives. In other words, you commit USDC to participate in Boxes; the system issues Tickets to you; after the draw, the corresponding numbered Boxes are allocated based on Ticket ranking. ### **3. What is the minimum participation unit in MintBox?** The minimum participation unit in MintBox is the price of 1 Box, or the Box Price. Put another way: **Minimum participation unit = Box unit price = total value of Tokenized Interest inside the Box (based on Sale Valuation) = participation price corresponding to 1 Ticket.** ### **4. Is MintBox a draw mechanism? Is it fair?** Yes. MintBox uses a public, verifiable draw-based allocation mechanism. We designed it to be clear and verifiable in several ways: the Draw Factor that determines the result is generated from a public market price at a specified moment, and anyone can recompute it; what is inside each Box is disclosed and queryable before the start; the Tickets received by all platform users and their participation times are disclosed before and after the draw, ensuring that everyone's number, participation time, and ranking have not been modified before or after the draw; and the amount you commit only determines how many Tickets you hold — not the odds on any single Ticket. Spending more won't buy you better odds. The only way to improve a single Ticket's odds is through Lucky Digit earned by inviting. The legal characterization of this mechanism in your region follows applicable local law and platform announcements. ### **5. How are Tickets generated and ranked?** After the Participation phase begins, the system generates 1 Ticket for every full minimum participation unit you commit. Each Ticket has a 4-digit number and records its generation time. At the draw, each Ticket is matched against the Draw Factor digit by digit. More hit digits means a higher ranking. The system first ranks Tickets by number of hits, and then, within the same hit group, by Ticket generation time. Earlier generation time ranks higher. After ranking is complete, the platform allocates Boxes to users by mapping Box numbers to Ticket rankings one by one in order. The Box is allocated to the user who holds the corresponding Ticket. Tickets ranked after the total number of Boxes in that MintBox are considered non-winning. ### **6. Where does the Draw Factor come from, and why is it verifiable?** The Draw Factor is the draw factor used for each MintBox. Under the current rules, it comes from the public Binance BTC/USDC spot price. The platform publishes the timestamp before MintBox begins. Once that time arrives, the BTC/USDC spot price is taken, rounded to two decimals, and the tens digit, ones digit, first decimal digit, and second decimal digit are extracted and concatenated into a 4-digit number. Because the price source, timestamp, and generation rule are all published in advance, users can query the price after the draw, recompute the Draw Factor, and verify Ticket ranking and Box allocation results. ### **7. What is Lucky Digit? Does it guarantee that I win?** Lucky Digit is an invite boost in MintBox. It upgrades certain digits of one of your Tickets into automatic hits, increasing that Ticket's number of hits and ranking opportunity. But Lucky Digit does not create new Tickets and does not increase the total number of Boxes in the MintBox. It can improve the chance of winning, but it does not guarantee winning and does not constitute any promise of returns, allocation results, or principal protection. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.market.cards/faq/mintbox-faqs.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.