👨🔧Membership NFTs
Last updated
Last updated
A total of 1,000 membership NFTs will be available, and these can be acquired using RLL tokens. It's important to note that a significant portion of the RLL tokens used to obtain membership NFTs will be permanently removed from circulation, with the goal of burning approximately 58% of the total RLL supply.
These membership NFTs come in four different rarities, each with its own point value:
Common (70% of NFTs)
Rare (20% of NFTs)
Epic (9% of NFTs)
Legendary (1% of NFTs)
Once 500 NFTs have been minted, a staking system will be activated. This system will allocate rewards based on the points associated with your NFTs, and you'll receive a portion of the earnings generated.
Out of the RLL tokens obtained from NFT sales, 500,000 RLL tokens will not be burned. Instead, approximately 340 tokens will be emitted daily over a span of four years. 5% of the NFTs (50 NFTs) will be retained by the project team.
Moreover, holders of Membership NFTs will be entitled to the following benefits:
10% of royalty income for Membership NFT sales on secondary markets.
10% of yield from ETH deposits.
10% of the yield from ETH treasury.
The starting price for a Membership NFT is 5,000 RLL for the initial batch of 50 NFTs. Subsequently, the price will rise by 200 RLL for every additional 50 NFTs sold.
