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There’s no doubt that the NFT market has a mixed reputation. During the 2021 bull market, billions of dollars moved into the market, and some people made millions while others were left holding heavy bags.
At the same time, long-term value has been built by committed teams with a genuine desire to build communities using NFTs. A prime example would be the Pudgy Penguins, who have weathered bear markets and come out stronger on the other side.
The NFT market is once again heating up following nearly two years of lackluster trading. Ethereum remains the dominant chain, but Solana and Bitcoin have also attracted hundreds of millions of dollars in crypto across hundreds of new NFT projects.
The R0AR collection of 10,000 unique NFTs is live on OpenSea and gives holders wide-ranging utility features, including access to future crypto airdrops that may resemble the $PENGU drop, which saw some Pudgy NFT holders earn over $20,000 in tokens.
This article will explore the R0AR NFT collection, highlighting its utility and potential value within the DeFi space. We will also discuss the mint on OpenSea, where over 3,300 R0AR NFTs have already been minted.
NFT trading volume on Ethereum has shown signs of bullish sentiment. Source: The Block
NFTs: Are They Really More Than Just Expensive JPGs?
NFTs (Non-Fungible Tokens) are a controversial topic, even within crypto circles. The 2022 bear market pushed many traders out of the market due to fears around poor-quality projects. However, these tokens hold the keys to potentially massive value and utility.
An Ethereum-based NFT, like the ones R0AR has launched, is a unique digital asset that represents ownership of a specific item or piece of content. Unlike fungible tokens, such as Bitcoin or Ethereum, which are interchangeable, each NFT is distinct and cannot be replicated. This uniqueness makes them ideal for representing ownership of digital art, collectibles, virtual real estate, and other one-of-a-kind items.
Some of the most well-known NFT projects have successfully weathered even the darkest days of bear markets and continued to build out their ecosystems. Projects like Bored Ape Yacht Club and Pudgy Penguins have demonstrated the long-term potential of NFTs, fostering strong communities and providing ongoing value to their holders.
The potential utility of NFTs is vast and continues to expand. NFTs can also unlock real-world utility, such as linked merchandise, quality control in supply chains, event tickets, and even real estate tokenization. As the technology matures, we can expect to see even more innovative applications of NFTs in various industries and sectors.
The Executive R0AR Society NFTs Explained
The R0AR NFT collection is designed to take all the best aspects of NFT technology and make them available to the DeFi community. These NFTs are artistically detailed and designed to provide holders with utility. Ultimately, their goal is to provide value to DeFi users.
The collection consists of 10,000 unique NFTs on the Ethereum blockchain, each offering a range of benefits and access to exclusive opportunities within the R0ARverse. One of the key features is access to the “Penthouse Suite,” where users will be able to access exclusive rewards such as crypto airdrops. In addition, they will gain access to staking rewards, crypto trading tools, and the R0AR Portal research platform.
R0AR ERS NFT Collection Nears 35% Completion
The ERS NFT collection has already seen over 3,300 tokens minted on OpenSea at a price point of 0.014 ETH. The buying pressure is a direct result of positivity around the project’s DeFi ambitions and the potential crypto rewards that NFT holders will receive.
The minting process has been designed to be as fair and transparent as possible. No one, including the R0AR team or early investors, had prior knowledge of the rarity or traits of any given NFT before it was minted. This ensures a level playing field and prevents any manipulation or preferential treatment.
Due to this fair model, no sniping occurred, so plenty of legendary NFTs are potentially still available. This presents an opportunity for collectors to acquire rare and valuable assets, further contributing to the collection’s appeal and potential for long-term returns.
Join The R0AR DeFi Revolution
R0AR Presale: https://presale.r0ar.exchange/
Telegram: http://bit.ly/r0ar-telegram
X: https://twitter.com/th3r0ar
OpenSea Mint: https://opensea.io/collection/executive-r0ar-society/overview
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