RADA NFTs

The RADA Foundation intends to sell RADA NFTs (RADA Non-Fungible Tokens), a particular kind of digital asset, on the NFT market. Depending on the sort of NFT they carry, these NFTs will be utilized to grant their holders a variety of advantages and rights.

There are five different sorts of Type 1 NFTs for each rookie sports athlete, for a total of 101 NFTs to be issued. The advantages and privileges of this kind include:

• Trade for a uniform from the player's first game that has been signed (1 NFT minted for each player).
• A movie the player made just for the holder (10 NFTs were produced for each player).
• VIP seat and player photo opportunity (10 NFTs issued for each player).
• A set of boots and clothing for the player (10 NFTs were produced for each player).
• Entry to the Metaverse meet-and-greet (70 NFTs minted for each player).

1. Type 2 NFT - Entertainment NFT: Like Type 1 NFTs, each star in the entertainment industry is represented by one of five different varieties of Type 2 NFTs, for a total of 101 NFTs to be issued. The advantages and privileges of this kind include:
   Exchange 1 NFT for each celebrity with the debut appearance script (or its equivalent).

   • A video the celebrity produced specifically for the holder (10 NFTs were made for each celebrity).
     – VIP seat and picture opportunity (10 NFTs issued for each star).
   • Exchange (10 NFTs are issued for each celebrity) with prized possessions possessed by the celebrity.
   • Access to the celebrity's meet-and-greet area in the Metaverse (70 NFTs are minted for each celebrity).

2. Type 3 NFT - Ambassador NFT: A total of 10 Ambassador NFTs will be produced. Holders of this NFT will have the opportunity to take part in the DAO (Decentralised Autonomous Organisation) project's upper-level vote.

There is no cap on the number of funding NFTs that can be issued under Type 4 NFT. But there are particular requirements to get this NFT:

• 10,000 RADA tokens are the required minimum for the initial investment.
• The minimum amount will double starting with the second fundraising.
• Each time a profit is made, holders of this NFT will get RADA tokens as a revenue share of the sale of RADA contents.

Utilising the cash generated by RADA NFTs on the external NFT sales platform, the RADA Foundation intends to carry out a number of initiatives to raise money for its ecosystem. Individual holders will have the choice to trade and drop their NFTs on open marketplaces if they so choose, but the foundation will not initially mint RADA NFTs on any third-party marketplace.

A privilege function will also be applied to the RADA NFTs, turning them into physical assets on the OnChain or OffChain and allowing DAO governance to administer and run sports clubs.

Please be aware that the specifics or implementation may differ depending on the actual goals and progress of the RADA Foundation as the information is dependent on the description you supplied.

#RADA #DAO #NFT #CRYPTO #TOKEN @crypto_rada

For More Information

Website: https://www.therada.io/
Whitepaper: https://rada-foundation.gitbook.io/
Twitter: https://twitter.com/crypto_rada
Telegram: https://t.me/eng_rada
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Medium: https://medium.com/@radacrypto
Facebook: https://www.facebook.com/cryptorada
Instagram: https://www.instagram.com/rada_foundation/

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