The R0AR NFT Collection Mint: No Sniping and Plenty of Utility
The Executive R0AR Society (ERS) NFT collection is comprised of 10,000 unique Ethereum-based lions. The collection was launched as a public mint on OpenSea with one key difference to other leading NFT collections: snipers were kept at bay.
What is NFT mint sniping? It’s the process whereby individuals or groups use bots or other automated tools to quickly acquire the rarest and most valuable NFTs during a mint, often at the expense of other collectors. This can create an unfair advantage and undermine the community’s trust in the project.
The ERS collection is a core component of the R0AR decentralized finance ecosystem. These NFTs offer holders a range of benefits and utilities, including access to a private community, potential airdrops and staking rewards, and a voice in shaping the future of the platform.
The NFTs are all completely unique, made up of six different trait categories, and just under 40% have already been minted. This means there are still plenty of opportunities to acquire one of these digital assets and become part of the R0AR community.
R0AR NFT Public Mint Live Now!
The Dangers of NFT Mint Sniping
When an NFT collection’s public mint begins, there’s always a danger of sniping – the process of insiders taking advantage of the mint to get their hands on the rarest NFTs. This can leave a collection functionally broken, as all the value is unfairly extracted by a handful of malicious actors.
This process can happen in several ways. Some teams may pre-mint the most valuable NFTs for themselves or their associates, while others may use bots or other automated tools to identify and acquire rare tokens before regular users have a chance. This creates an uneven playing field and can lead to significant frustration and distrust within the community.
The unfair distribution of rare NFTs can have several negative consequences. It can damage the project’s reputation and discourage participation from the wider community. It can also lead to a decrease in the overall value of the collection, as collectors may be hesitant to invest in a project where the rarest assets are concentrated in the hands of a few.
Additionally, it can undermine the project’s long-term sustainability by creating a sense of inequality and distrust among its users. The R0AR team was not prepared to risk this with the ERC collection.
R0AR’s Approach To The Public Mint
The R0AR team has designed a fair and transparent NFT mint. The process has been designed to prevent snipers from acquiring the rarest R0AR lions and give every member of the community a chance to mint the most valuable tokens in the 10k collection.
The public mint is currently live on the OpenSea platform. Anyone with a compatible Ethereum wallet can participate in the mint. The mint price is set at 0.014 ETH per NFT, and there is a limit of 25 NFTs per wallet address.
To prevent sniping, the R0AR team has implemented several measures. First, the rarity and traits of each NFT are randomly assigned and remain hidden until the entire collection is minted. This ensures that no one has prior knowledge of which NFTs are the rarest. Second, the team has not pre-minted any NFTs for themselves or any insiders, ensuring that everyone has an equal chance of acquiring the most valuable tokens.
The culmination of this process is a level playing field for all participants and allows the project to grow organically, driven by genuine interest and support from its community.
A Utility-Driven 10k NFT Collection
The R0AR collection is comprised of 10,000 unique Ethereum tokens composed of six different traits. Every single NFT is unique with a rarity rating, and they will all give holders access to unique R0AR features.
The rarity of each NFT is determined by the combination of its traits. The different rarity levels include Common, Uncommon, Rare, Epic, and Legendary, with Legendary being the most scarce and sought-after.
The utility of the R0AR NFTs extends beyond their rarity and collectibility. Holders will enjoy benefits such as access to the exclusive “Penthouse Suite” community, potential crypto airdrops, staking rewards, and other perks within the R0AR ecosystem.
Join The R0AR DeFi Revolution
OpenSea Mint: https://opensea.io/collection/executive-r0ar-society/overview
R0AR Presale: https://presale.r0ar.exchange/
Telegram: https://t.me/r0ar_community
X: https://twitter.com/th3r0ar
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