Round 1

Brief introduction about NFT and how to design NFT will be explained. Then a topic for NFTs will be assigned. Based on the theme, each team should create as many NFT's as possible within 1 hour.. The participants should bring their own laptops (each team at least 1)

Round 2

(This round will be conducted if there are more than 10 teams participating): Each team will be given a chance to present their NFT's to the judges. Then the participants will be scrutinized and selected for the final round based on their uniqueness and creativity.

Round 3

Here the participants should set a price to their NFT’s and exchange their NFTs for any utilities/money within the campus in 1 hour.

☆ Rules-

1. Any utility or money exchanged for the NFT will not be returned.

2. 1 NFT equals only 1 utility (Ex: For one NFT only one pen or one book can be exchanged. Two NFTs cannot be exchanged for one book or one utility)

3. When money is exchanged for the NFT, then the maximum amount should be the price set in the 1st round. (Ex: A person sets ₹60 for an NFT, then the money exchanged can either be ₹60 or less not more than ₹60)

4. Each team will be given a Slip. When NFT is exchanged, the participants have to take the sign of buyer and the buyer should write the price he/she bought the NFT for.

5. There will be 3 anonymous buyers set by us in the campus who will have a unique currency of high value. They are hard to bargain, the participants can make use of this to increase their chance of winning. This currency will have a value that is equal to the highest price of an NFT in the entire competition. (Eg: If a team sets ₹500 for an NFT which is the highest compared to any other NFT prices in the competition, then the unique currency will have a value of ₹500)

6. Point system is used for determining the winner.
₹10 is 1 point, common utilities like books, stationary get 5-10 points depending on the condition or quality. Eg: If participants exchange used or engineering books, then they will get 5 points only. For any other unique utilities like rare goodies won in competition, gift items, novels etc, points will be given based on the amount written on the Slip by the buyer. (Eg: If NFT is exchanged for a unique puzzle piece for ₹100. Then the points gained is 10 points. Note - the amount traded should be written by the buyer on slip)

Winner will be declared based on the highest number of points and also the least difference between the quoted value and selling price.