Tokenomics

The reverse Dutch auction for Story Block NFTs begins at 0.111 ETH and will progressively decrease till a price of 0 ETH over the course of 2 hours. There will be a total of 888 NFTs. There is no mint delay after an NFT is successfully auctioned. This means that if someone mints at ~0.0555 ETH after 1 hour in to the auction, then the cost will reset back to 0.111 ETH and drop from there again for the next 2 hours.

FYI: This allows you to decide if you want to FOMO in or patiently try and mint an NFT at a lower price. By waiting for price to drop, this may expose you to the risk that someone else resets the mint cost by minting ahead of you.