The Ravendex team after their strategic collaboration with World Mobile Token in bringing Internet access to remote areas in Africa has also announced a 10000 Unique Pixelated Bird NFT collection with proof of ownership stored on the Cardano blockchain.
Cardano is known for it’s unique Eutxo Model and unlike Ethereum known for it’s high gas fees, you can mint NFts on Cardano and paying just 1/4 of a dollar as Gas Fee. Unlike most Non Fungible tokens, RAVE NFT will have real utility within the Ravendex Ecosystem as Holders Of $RAVE NFT Can Stake Their NFTs To Earn rewards In $RAVE, Earn exclusive Rewards reserved for NFT holders.
The NFT minting is currently ongoing, giving interested investors an opportunity to mint and hold the $RAVE NFT and over 7% of the total NFTs have been minted already.
How Do I Mint $RAVE NFTs?
- Purchase ADA from a supported Exchange like Binance, Coinbase (NASDAQ:COIN) & Kraken
- Download & Set Up A Cardano Compatible Wallet Like Yoroi, Daedalus & Nami Wallet.
- Transfer ADA To The Wallet (Remember To Select Cardano Blockchain)
- Visit Rave NFT minting portal
- Click on Feather Requirements and Send 50 ADA to the address that will be shown when minting starts.
- Wait for transaction to be confirmed on the Cardano blockchain.
- Congrats! Your pixelated $RAVE NFT will be in your wallet after your transaction has been confirmed.
As a RAVE NFT holder you will have:
- The opportunity to stake your NFT and earn $RAVE as a reward.
- You can list and sell your asset on several secondary markets and earn royalties through sales.
- YStake the $RAVE NFT and endorse a project launching through Ravendex’s IDO.
Ravendex is the world’s first non-custodial decentralized exchange operating on the Cardano Blockchain through the AMM protocol. The Cardano Ecosystem uses the protocol to facilitate trading their asset at a price set by their provided liquidity. Ravendex facilitates fast liquidity and assets transfers between ADA and native Cardano tokens.
Ravendex utility token $RAVE can be traded on BitMart which offers a wide range of commodities such as BTC, ETH, USDT, and others. To its credit, it pulls over $1million worth of trade volume daily as it gains more popularity among cryptocurrency lovers and investors.
Rave is the utility token powering the Ravendex ecosystem and has multiple utilities and use cases like staking, yield farming, governance. Its daily performance has earned it a consistent place on the chart as one of the leading brands on the Cardano native tokens by daily volume.
Published By : Investing.com