What Are The Benefits Of RARA NFT?

Mmenieabasi Etudor
2 min readJul 18, 2021

Rich IP resources:
RARA has exclusive partnered with some finest IP owners, and leading entertainment &media groups which share the same strong interest in exploring the booming NFT and metaverse space. Together with RARA, they are taking the entertainment, sports, digital arts, and media to a new height by bringing the freshest NFT ownership experience which is more entertaining, sensational, and interactive. At RARA, we believe we are leading the way of bringing a new definition to 'Intellectual Property’.

Mystery Box Mechanism:
RARA has built a mystery-box-as-a-service mechanism where all types of pop culture IP series, ranging from of entertainment to sports&esports, can be minted into NFT mystery boxes and dispensed to mass audience on RARA platform. Such a mechanism is a seamless way to integrate pop culture IPs with the wallets of potentially millions of people.

NFT+DeFi
To bootstrap the Mystery Box market, RARA amalgamates DeFi with gamified Mystery Box NFT by allowing staking and yield farming. Farms and staking pools will be provided to mystery box owners to stake and earn so early participants are attracted at no cost to the platform.

Marketplace
RARA has built the world’s first decentralized marketplace for Mystery Boxes, allowing for both the trading of dropped treasures and of IP NFTs inside unlocked boxes, as well as potentially the trading of unopened mystery boxes in the future

DAO Governance

By applying DAO governance. RARA allows users to have their own membership level and corresponding augmented benefits, from transaction fee discounts, Farm hash power buff, to governance rights. Through this governance, we are envisioning a community of NFT purchasers, curators, IP owners, brands&advertisers to closely interact and collaborate with each other.

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Mmenieabasi Etudor

Just a tall guy, quite interested in cryptocurrency and Blockchain