FREQUENTLY ASKED QUESTIONS

Should I own CD3D in order to buy CD3Fi and NFBs?

It would be the smart thing to do. You can buy CD3Fi up to a 70% discount of its BUSD price using CD3D. In order to be able to buy (or sell) a NFB, you need to hold at least 1000 $CD3FI. You can also only buy NFBs with CD3Fi. It just makes sense to use CD3D to buy CD3Fi and NFBs.

However, if this is pre-launch of CD3Fi, it would be best to buy CD3Fi at the ICO token sale launch as you need CD3Fi in order to buy the first available NFBs. As NFBs are priced on a bonded curve scale, it’s best to buy CD3Fi at the sale so you can buy the cheapest NFBs directly.

What is a NFT and why is NFB one?

NFTs - non-fungible tokens - are unique digital properties that can specify ownership in an open, transparent manner on a blockchain. As digital financial instruments of value, NFBs (Non-Fungible Bonds) are a perfect use case of designating unique ownership with the guarantee of future payout value.

What is BUSD?

BUSD is a stablecoin pegged to the US Dollar, as backed by cryptocurrency company Binance. As CD3Fi and NFBs are built on the Binance Smart Chain, we have designated several functions and value in BUSD due to the overall stability of both the token and company Binance as a whole.

How do I get BUSD?

BUSD is available at several cryptocurrency exchanges around the world. Most likely, you will need a fiat-to-crypto gateway like Coinbase, Gemini, or Binance.us in order to buy bitcoin (BTC), Ethereum (ETH), or Tether (USDT) to exchange for BUSD elsewhere. Here is a listing of crypto-to-crypto exchanges that trade BUSD. Also the Exodus wallet has a built-in exchange.

How do you guarantee the NFB payout?

Forty percent of first sales of NFBs go to the Guarantee Fund. Six percent of secondary NFB sales go to the Guarantee Fund as well. After five years from launch of sales for the NFB collection, if there is a shortfall in the amount collected from the amount guaranteed in the Guarantee Fund, then the collection’s Sponsor will make up the difference.

In the event there isn’t a sponsor named for the NFB collection, the 50% primary sale and 8% secondary sale fees designated for the Sponsor will be used to make up any deficit in the Guarantee Fund at maturity.

Do I need to play CinemaDraft to get CD3Fi?

No. You will be able to exchange BUSD or CD3D (at a discount!) for CD3Fi directly with the contract at https://www.cd3d.app.

How can I use CD3Fi on CinemaDraft?

CD3Fi can be used everywhere CD3D can. In addition to playing in CD3D entry games to win more CD3D, CinemaDraft will offer services and merchandise for which you can exchange CD3Fi, most likely at a discount to fiat prices.

Is CD3Fi a one-to-one value ratio with BUSD?

No. The price of CD3Fi is determined by market forces and will likely fluctuate. However, because of the deflationary tokenomics designed to reduce supply the more popular CD3Fi becomes, you can expect the price to appreciate over time with utility and scarcity.

How can I earn CD3D for free?

Play in our CD3D freerolls. Be an active, constructive member of the forthcoming CinemaDraft player community site to earn community rewards. Sign up for a CD3D wallet and share your referral link with others; you will receive 33% of the dividends of your referrals.

Does CinemaDraft “store” CD3Fi on its platform?

No. CinemaDraft will maintain segregated wallets for Prizes and other administrative functions. When a player uses CD3Fi to enter a CD3D entry contest, the player will be effectively transferring CD3Fi from their wallet to the CinemaDraft Prizes wallet, which will be converted into CD3D, and vice versa when a player withdraws her winnings from the site.

All BUSD involved with the contract stays within the contract, until users who exchange their CD3D tokens for BUSD withdraw it.