FAQs

1. What is ERC404? A. ERC20 (token) + ERC721 (NFT) = ERC404 Hybrid Token / NFT

2. Is there any fraction of NFT since token have decimals? A. There is NO fration of NFT however for token YES. Let me explain, if you buy 1 $RAY on QuickSwap, you will get 1 $RAY plus 1 random $RAY NFT in return. When you receive the NFT, it is generated from a mint contract, thus wholly random, and can be of any rarity, much like a regular NFT mint. If you decide you want to sell your 1 $RAY token, you resell it on QuickSwap, and in doing so, the NFT in your wallet is burnt.

3. If I transfer my NFT to other wallet, will my token be burn too? A. Transferring NFTs to a new wallet does not affect the NFT. Only transferring the token results in a burn and minting of the new NFT.

4. What are the rarities of Manta Ray Miner NFT? A. White Manta Ray : approximately 39.45% Green Manta Ray : approximately 23.44% Blue Manta Ray : approximately 19.53% Purple Manta Ray : approximately 11.72% Rainbow Manta Ray : approximately 5.86%

5. What happens if I buy 0.9 $RAY? A. You WILL receive the tokens, but you WILL NOT receive the NFT.

6. What happens if I buy 0.9 $RAY and then 0.1 $RAY, totaling 1 $RAY? A. Once your wallet owns 1 $RAY token, an NFT will be automatically minted into your wallet.

7. If I own 3 $RAY tokens, how do I know which NFT I will sell if I were to sell 1 $RAY token on QuickSwap? A. The best move here would be to transfer the $RAY NFT to a new wallet, and then the token will automatically transferred along with that. This way, you don’t sell your rare $RAY NFT.

8.Why I can't buy? A. There is a limit for each buy up to 25 $RAY + - due to NFT minting max limit. However for sell there will be no limit.