R0AR NFT Public Sale Mints Over 27% of Collection on First Day

The Executive R0AR Society (ERS) NFT public sale launched yesterday, with over 2,700 tokens sold. The interest in the Ethereum-based tokens is attributed to the utility features offered to token holders.

The Executive R0AR Society (ERS) NFT public sale began on January 6th, with over 2,700 tokens sold on the first day. The NFTs, built on the Ethereum blockchain, offer several utility features that are being highlighted as a key aspect of the evolving R0AR DeFi ecosystem.

The team envisions the NFTs as a crucial component in the platform's development, which is being shaped by a focus on community involvement. This approach aligns with the team's goal of creating a decentralized DeFi platform that embodies the core principles of Satoshi's blockchain vision. The platform aims to provide user-friendly interfaces, seamless on and off-ramps, and high levels of security.

Each NFT has six features that will be revealed either after all 10,000 tokens are minted or within 90 days of the launch. The delayed reveal is intended to ensure a fair and transparent minting process, preventing early participants from gaining an advantage.

Moreover, the mint has been designed to prevent sniping from the team or any insiders, ensuring that the rarest NFTs in the collection are distributed randomly, giving everyone the chance to acquire the most valuable of the 10,000 tokens.

Over 27% Of R0AR NFTs Minted on First DayInterest in the ERS NFTs has been evident since the start of the mint, with over 27% of the supply being minted in the first 24 hours. During the public sale, the NFTs are being sold for 0.014 ETH, with a limit of 25 tokens per wallet address.

The R0AR token presale, which raised $4 million, saw early participants being added to a whitelist, allowing them to mint a couple of days prior to the public mint. The team describes this as the first of many rewards that will be available to OG members of the R0AR community.

The surge in minting activity can be attributed to both short and long-term factors. Some traders are looking to take advantage of the fair mint that gives everyone the same chance of ending up with the rarest tokens in the collection.

At the same time, long-term investors believe that holding the NFTs from day one will be the best way to maximize crypto rewards. The Pudgy Penguin ($PENGU) airdrop has put the concept of dropping new tokens into NFT holder wallets in the spotlight, as the $PENGU token’s market cap has found support above $2 billion.

Some early R0AR community members and NFT holders are positioning themselves to potentially benefit from similar airdrops in the future. The R0AR team has emphasized from the beginning that this type of utility aligns with their long-term vision, and the $PENGU drop has highlighted its significance within the NFT market.

Other important features are expected to include access to the R0AR Portal, a research and analytics platform that provides valuable insights into various crypto projects. Additionally, NFT holders could potentially benefit from NFT staking opportunities, allowing them to earn rewards and contribute to the platform's growth. Exclusive features within the DeFi ecosystem related to trading and staking are also anticipated.

To learn more about the NFT collection and the OpenSea mint, users can visit the Executive R0AR Society Collection page.

About R0AR

R0AR is a decentralized finance (DeFi) ecosystem dedicated to building a comprehensive platform for blockchain-based financial services. Through its various components, including the Executive R0AR Society NFTs and R0AR token, the platform will give users access to token trading, staking, and exclusive DeFi rewards. R0AR aims to build an inclusive and collaborative environment where users can shape the future of decentralized finance.