What is BeatBlox?

We are a platform that explores the possibilities of blockchain technology to empower a new generation of creators and audiences.

What is BeatBlox Early Supporter NFT?

We are minting a special NFT that will be available for 10 MATIC and will grant early supporters the following benefits:

Early access to Closed Beta Auction House.
BeatBlox Collectible Credential Artwork.
BeatBlox Wearable for Decentraland.
BeatBlox Genesis Tokenized Track.
Voting power for future governance system over platform catalog and activities.
BeatBlox Airdrops.
Membership for BeatBlox Decentraland District Mountain Club.
Access to early supporters only virtual events and meet & greets.
Preferential access to future BeatBlox products.
1 out of 1000 will randomly receive an extremely rare Credential.
Decentraland District Games and Installations credits.
Token compatible with every major marketplace for secondary sales, no commission added

How do I see my Early Supporter NFT?

After you successfully mint one of our Early Supporters NFT your balance, located in the NFT section of the landing page, should increase by one. You will also be able to see it on OpenSea under your collection.

Is the Early Supporter NFT a BeatBlox’s Auction House Music NFT?

No, the Early Supporter is an ERC 721 NFT, it works as a membership that will grant its owner address many benefits (such us other NFTs). Early Supporter NFT is compatible and tradable with ERC 721 secondary markets such as OpenSea, while Auction House Music NFTs are native to BeatBlox’s Auction House, therefore only visible and tradable inside said platform.

What are gas, gwei or network fees?

Gas fees, or network fees, are a transaction fee on the Polygon blockchain. When you make transactions, such as purchasing an NFT, you will need enough MATIC in your wallet for the initial purchase (minting cost or price) and the associated gas fees (network fee/minting fee).

The gas fee enables your transaction to be processed on the Polygon network and stored on the blockchain. The price of gas is volatile and fluctuates based on the supply of miners who receive the gas for the transaction vs the demand from consumers/minters making transactions. At mint time, when a user can enter the gas price they wish to pay, a suggested fee is shown by the wallet (e.g. Metamask) to make the transaction. On the Polygon network, this fee is on average lower than 0.3 USD.

If the cost of gas price exceeds the fee you offered to pay, your transaction could fail and the gas fee will be lost without the transaction being confirmed. This means that you will have paid gas, without receiving an NFT. Lost gas fees are non-refundable. Move forward at your own risk. Under normal conditions, 0.1 MATIC would be more than enough to mint our NFT.

What happens to gas fees?

They are paid to miners as a reward for processing Polygon transactions and keeping the network online. BeatBlox does not set gas fees or receive profits from gas.

What is a Blockchain?

A blockchain is a decentralized, distributed, and oftentimes public, digital ledger consisting of records called blocks that is used to record transactions across many computers so that any involved block cannot be altered retroactively, without the alteration of all subsequent blocks.

These transactions can record and implement the transfer of value from one user to another, in this case, an NFT.

What is an NFT?

A non-fungible token, or NFT, is a digital asset used to represent ownership of unique items or access, whether digital or physical. Most commonly they are used for digital collectibles. Ownership and transfer of an NFT is secured by the blockchain technology, which ensures that one NFT only has one owner at any given time, and that nobody can modify the history of the token’s ownership.

What is cryptocurrency?

Cryptocurrency is a digital currency or store of value that uses the blockchain, a digital transaction ledger, to record and secure online transactions. Cryptocurrencies can be used to buy goods and services or to pay for fees to operate in a certain blockchain environment.

What is a “digital wallet”?

A blockchain wallet is a digital storage that enables you to store and transact with cryptocurrency. In its simplest form, a wallet comprises a public and private key, which are cryptographically generated.

To make the process of setting up a wallet user-friendly, there are many software wallets, such as Metamask, which equip you with a wallet address, key vault, secure login, and backup options to manage your digital assets securely through different blockchains. Metamask runs as a browser extension and/or mobile app, and you can be up and running in just a couple minutes. Learn more at Metamask FAQ.

With a digital wallet, you hold the keys and are in charge of your own assets. Your assets are only as safe as your keys, so back them up and keep them safe! Remember to never, ever share your seed phrase to anyone. That is for your eyes only.

What is Ethereum?

Ethereum is a blockchain which provides open access to digital money and data-friendly services for everyone – no matter your background or location. It's a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today. However, nowadays the fees to operate in this network might be really high, that is one of the reasons why BeatBlox was developed over a Ethereum's Layer 2 solution called Polygon.

What is Polygon (previously known as MATIC)?

Polygon is a network of secure Layer 2 (L2) eco-friendly solutions and autonomous sidechains. It aims to increase Ethereum scalability and reduce transaction costs. It’s native token is called MATIC which can be used both for paying for goods and services and gas fees.

You can check MATIC token price compared to USD on the following link:https://www.coingecko.com/es/monedas/polygon

What blockchain are these NFTs minted on?

This NFT is minted on the Polygon blockchain. Our Auction House also runs over this blockchain network.

MetaMask does not include Polygon by default, that is why our minting wizard set it up for you.

How do I purchase MATIC (Polygon)?

Remember you will need MATIC tokens both for paying the NFT price and for gas fees. 10.1 MATIC in your wallet would be enough for this task.

You can purchase MATIC through an online exchange such as:https://www.binance.com orhttps://ftx.comOnce you have purchased MATIC, you can transfer the funds into your Metamask or another compatible wallet to purchase an NFT.

Even though it is the native token of the Polygon network, the MATIC token has its representation in many blockchains, so be very aware that you must withdraw your tokens over the MATIC/Polygon network. Most exchanges ask you over which network you want to withdraw your tokens at the moment of setting up a transfer. For further information please visit the FAQs section of your selected platform.

FTX example:

Please keep in mind that there are limits on the amounts of MATIC you can buy and sell based on your account and the platform you’re using.

What is an NFT marketplace?

NFT marketplaces enable creators and collectors to buy, sell and create. After connecting your wallet, you can purchase, auction or sell a wide range of NFTs. The leading open NFT marketplace is called Opensea, this is also referred to as the secondary market. BeatBlox’s Auction House is its own NFT marketplace for tokenized music.