It’s best practice to use new, clean notes from the bank in your lai see, and take care to not include any coins as well. It’s common practice to hand out the red envelopes from the first day of the Lunar New Year to the 15th day, and if there’s a chance you’ll be seeing the same recipients again, you should give them their lai see upon greeting them for the first time during that time period. Today, the money in lai see is also known as “ya sui qian” in Mandarin (壓歲錢), which translates to “the money to suppress Sui.” If you want to make sure your little ones aren’t haunted by this demon, be sure to give them lai see! Lai See Rules & Etiquette How to Giveīefore Chinese New Year, it’s good to have your lai see prepped and ready to go in your bag. Thus, the red paper-wrapped copper money was believed to have an exorcism effect, and the tradition of giving young children money in red paper continued. In the middle of night, there was a strange wind, and Sui came to scare the little child! But just as it was going to touch the son’s head, his pillow shined with a golden light and scared away Sui. Unfortunately, the son couldn’t stay awake, so eventually his parents let him fall asleep with a red paper bag containing the copper coins tucked underneath his pillow. Sui was known to scare and give children headaches by quietly touching their heads during New Year’s Eve, so the couple tried to keep their son awake that evening by letting him play with eight pieces of copper coins. How did the tradition of giving lai see begin? Well, according to one legend, once upon a time, there was an elderly couple who wanted to protect their son from a demon called Sui (祟). ![]() Nowadays, though, a multitude of designs exist – look out for square lai sees, cartoon character lai sees (which are sure to delight the kids) and even gold lai sees instead of the traditional red. The actual red packet usually takes the form of a long red envelope adorned with gold characters or patterns, sometimes with a written blessing printed on top. Around Chinese New Year is when most people are seen giving out red packets, but it is also often given at weddings and birthday celebrations, usually in lieu of a physical gift. The red of the lai see symbolises happiness, good fortune and prosperity, so giving lai see means blessing the receiver for the coming year with good luck. Īs always, if you have any questions, please let us know in the Discord.Lai see is the Cantonese name for red envelopes, and during the Lunar New Year, plenty of these red packets – money enclosed – are given away to young children and unmarried singles. If you would like to gift a web3-powered red packet to someone this year, please visit. While you can mint multiple times to send to multiple recipients, there is a maximum of one hongbao gift per wallet. Mint price to send a gift of hongbao is 1 MATIC (right around a dollar at today’s rates) and takes place on the Polygon Network. The five hongbao designs with differing rarity traits will be revealed to holders on Sunday, Janu(Lunar New Year). We will open a mint window on Wednesday, January 18, 2023, and you can mint and send a gift of hongbao to someone you appreciate. ![]() In addition to Chiali’s fantastic art, which stands on its own, some of the packets may have a little something special inside them as well to help cheer in the Year of the Rabbit. Our designer Chiali brought up the idea of seeing if we’d be able to bring the gratitude of hongbao to web3, and the rest of the Unlock Protocol team leapt at her idea.Ĭhiali’s design and results are delightful. It is often accompanied by a written message or wish. The monetary value of hongbao is typically small, and it is seen as a gesture, rather than an exchange of money. It is also seen as a way to strengthen relationships and foster social harmony. It is seen as a gesture of goodwill and generosity. Hongbao is an important part of Chinese culture and is seen as a way to show respect and appreciation for another person. It is also commonly used in business and professional settings to show appreciation or gratitude. The exchanging of hongbao (also referred to as “red packet” or “red envelope”) is a traditional Chinese gift-giving practice that dates back centuries and is typically associated with holidays such as Chinese New Year and other special occasions.
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