(PRESS RELEASE – Georgetown, Saint Vincent and the Grenadines, January 7, 2025)
The Executive R0AR The Society's (ERS) nft public sale launched yesterday, with over 2,700 tokens sold. The interest in ethereum-based tokens is attributed to the utility features offered to token holders.
The team envisions nfts as a key component of the evolving R0AR DeFi ecosystem, which is being developed with a focus on community engagement. The reason for this community-focused approach comes from the team's strong commitment to building a decentralized DeFi platform that adheres to the core pillars of Satoshi's blockchain vision while providing users with clear interfaces, on- and off-ramps. simple and high levels of security.
The nfts consist of six features that will be revealed after the 10,000 tokens are minted or within 90 days of launch. The delayed disclosure aims to ensure a fair and transparent minting process, preventing early entrants from gaining an advantage.
Additionally, the mint has been designed to prevent attacks by the team or any insiders, meaning that the rarest nfts in the collection will be distributed randomly, giving everyone the opportunity to purchase the most valuable of the 10,000 tokens.
More than 27% of R0AR nfts minted on day one
Interest in ERS nfts has been evident since the inception of minting. More than 27% of the offer was minted in the first 24 hours. During the public sale, nfts trade for 0.014 eth, with a limit of 25 tokens per wallet address.
In the pre-sale of the R0AR token, which raised $4 million, the first participants were added to a whitelist, allowing them to mint a couple of days before the public minting. The team sees this as the first of many rewards that will be available to OG members of the R0AR community.
The increase in minting activity has potentially been due to a combination of short- and long-term factors. Some traders are looking to take advantage of the coin fair giving everyone the same opportunity to end up with the rarest tokens in the collection, while long-term investors believe that holding nfts from day one will be the best way to maximize profits. crypto rewards. .
R0AR ERS nft and future crypto rewards
The Pudgy Penguin ($PENGU) airdrop has put the concept of putting new tokens into the wallets of nft holders in the spotlight, as the market capitalization of the $PENGU token has found support above $2 billion.
Some early R0AR community members and nft holders are positioning themselves to potentially benefit from similar airdrops in the future. The R0AR team has emphasized from the beginning that this type of utility aligns with their long-term vision, and the drop of $PENGU has highlighted its importance within the nft market.
Other important features are expected to include access to the R0AR Portal, a research and analysis platform that provides valuable information on various crypto projects. Additionally, nft holders could benefit from nft staking opportunities, allowing them to earn rewards and contribute to the growth of the platform. Exclusive features within the DeFi ecosystem related to trading and betting are also anticipated.
To learn more about the nft collection and OpenSea mint, users can visit the R0AR Executive Society Collection page.
About R0AR
R0AR is a decentralized finance (DeFi) ecosystem dedicated to building a comprehensive platform for blockchain-based financial services. Through its various components, including the Executive R0AR Society nfts and the R0AR token, the platform will provide users with access to token trading, staking, and exclusive DeFi rewards. R0AR aims to build an inclusive and collaborative environment where users can shape the future of decentralized finance.
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