The R0AR NFT collection is merging the DeFi world with NFTs through a 10k collection launched on OpenSea that gives holders clear decentralized finance use cases. The collection comprises unique lions created with six traits on the Ethereum blockchain. All 10,000 NFTs have been minted, and a small number are now listed for sale on OpenSea.
The NFTs offer the standard PFP appeal of colorful, unique digital assets, but they go far beyond simple aesthetic appeal. The collection is the key to unlocking countless different use cases within the R0AR ecosystem. These use cases include access to exclusive communities and events, potential airdrops and staking rewards, and participation in governance.
The R0AR team sees this NFT collection as part of the broader vision for a comprehensive DeFi platform that operates across multiple chains and offers everything a DeFi user needs under one platform. This vision emphasizes decentralization, security, and user-friendliness, making DeFi accessible to a wider audience.
The Executive R0AR Society: 10k NFT-Crypto Crossover Collection
The NFT market has experienced a turbulent few years. In 2021, it experienced its first bull run, which saw billions of dollars flow into the market. During the peak of the 2021 frenzy, tokens with no utility at all saw their floor prices surge into the millions.
A brutal crash followed. The fact that most of the NFTs had no real utility became evident, and money left the market. Some experts have speculated that the current crypto bull run would be followed by an NFT bull run, but it's yet to happen.
Arguably, one of the issues is that many projects lack clear utility. They offer little more than speculation and rarity without a clear long-term plan. R0AR has taken a different approach.
The ERS NFTs form part of a long-term strategy for building and developing the R0AR ecosystem. They are not just speculative assets; they are designed to provide holders with tangible benefits and a voice in the platform's future.
The use cases of the NFTs have already been made clear, including crypto airdrops, staking rewards, and access to tools like the R0AR Portal. This utility-driven approach sets the R0AR NFT collection apart from many others in the market, providing a strong foundation for long-term value and community engagement.
Snipers Kept at Bay with A Fair Mint
Beyond the issues with speculation and the lack of utility, another issue that has faced many NFT collections is sniping from team members and insiders. Such an event can severely undermine the value of a collection, especially one like the ERS, which is designed to give the community a sense of democratic governance and access to DeFi benefits.
Sniping refers to the practice of individuals or groups using insider information or automated tools to quickly identify and acquire the rarest and most valuable NFTs during a mint. This creates an unfair advantage and can leave many community members feeling cheated and excluded.
The R0AR team took several steps to reduce the possibility of sniping during the ERS NFT mint. Firstly, the minting process was randomized, meaning that no one, not even the team, knows which NFTs will be minted with specific traits. Secondly, the artwork for each NFT was not revealed until after the entire collection was minted, preventing anyone from selectively minting based on perceived rarity.
The ERS NFT mint has been designed to prevent sniping.
ERS NFTs and the Future of R0AR’s DeFi Vision
The ERS NFT collection's launch on OpenSea has been a major success with all 10,000 minted out. The collection’s successful public mint marks a major milestone in the development of the R0AR ecosystem. However, it's worth noting that this is just one piece of the puzzle.
The team has outlined a long-term strategy, including the launch of the R0AR DEX, a research portal enhanced by a unique AI system, and several yield farming opportunities. The overall objective is to create a leading DeFi platform in the industry and help onboard the next generation of users while giving experienced traders a better alternative to current options on the market.
Join The R0AR DeFi Revolution
Buy ERS NFTs: https://opensea.io/collection/executive-r0ar-society/overview
Telegram: https://t.me/r0ar_community
