RARA AMA Recap

BSCDaily.com hosts RARA: The NFT value discovery system where amazing NFTs go viral and get discovered.


BSCdaily – Admin: Hello and welcome, @Raina_RARA! How is your day?

Raina: Hello Jade. Good today.

Raina: Thanks

BSCdaily – Admin: Happy to hear! Ready to start our AMA?

Raina: Yup. Let’s move

Q1: What is RARA all about? Give us a little summary

Raina:Sure. RARA is the NFT value discovery system where amazing NFTs go viral and get discovered. Through the combination of gamified mystery box mechanism and expansive NFT marketplace, we usher in a brand new era for NFT fans.

Q2: Could you tell us a little bit about yourself and your team? What are your past experiences?

Raina: Yeah. I am Raina, a global ambassador and community leader of RARA. I’ve been in the crypto industry for many years. I used to be an angel investor and global ambassador for many projects. And then I found RARA, a great NFT value discovery platform.

Raina: In RARA project, I am responsible for the explanation and promotion of RARA to let more people know and understand the characteristics and potential of RARA.

BSCdaily – Admin: Thank you

Q3: Why did you and your team decide to build RARA?

Raina: The initial thoughts behind RARA is to bring the world’s best artists, brands, and IP’s to the largest global audience of buyers in the most user-friendly way by tapping into the power of a fully gamified NFT issuance, acquisition, and ownership experience.

Q4: Let’s dive into your tokens $RARA. Can you share with us your tokenomics? And what are some of $RARA use cases?

Raina:Actually all of RARA tokens will be initiated through mining on RARA platform. RARA is a Fair Launch Project, which means it has no initial storage or distribution of its token float, open to everyone at the same time.

Raina: The RARA Token bears three roles within the RARA platform:

Governance token: The core function of the RARA Token is to be the governance mechanism for RARA itself. The token is intended to align incentives between various stakeholders within the ecosystem to promote sustainable growth and fair governance.

Raina: Payment & Fee: RARA Token also serves as the medium for transactions. Such scenarios include using RARA as a payment method or paying fees for using RARA. Users can purchase mystery boxes using RARA token while buy and sell on RARA Marketplace and pay the transaction fee in RARA token.

Raina: Incentives: To bootstrap RARA liquidity, mystery box market and marketplace, mining pools and farm are provided to liquidity providers and mystery box owners.

Q5: Currently, NFT is really a big trend with so many projects/products. What makes RARA different from your competitors?

Raina: YRARA has some killing features as the following:

  NFT + DeFi Game-changer

100% fair launch

The most popular IP resources

The most scientific NFT valuation system

Innovative high-yield game rules

Unique NFT social circle and social economy

A truly decentralized NFT trading platform with RARA DAO

Raina: It is precisely because of so many features that we are confident to stand out in many NFT projects.

Raina: In addition, the gamified-based mystery box mechanism and the revenue incentive mechanism for IP creators enable RARA platform to achieve good liquidity and enable users to obtain smoother NFT trading experience.

At the same time, they also provide IP creators with smoother asset sales channels and revenue, and enhances the platform use experience of users and IP creators.

Q6: Does $RARA get audited?

Raina: Yeah. We have put forward audit requirements to some large audit institutions. And we will publish the audit reports on our announcement channels when they come out.

Q7: Let’s talk a little bit about your roadmap. What can we expect in the next 3 months and in 2021 as a whole?

Raina: Firstly, We will launch the mining mode of DeFi + NFT while the platform is online. 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.

Raina: And RARA will build 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.

At the same time, RARA will launch many popular IP NFTs in the near future, including games, AV stars and arts, all of which are the top IPs in various fields. Please stay tuned.

Raina: We believe that in the future RARA will not be a simple NFT integrated trading platform. More importantly, it provides a better and more convenient service platform for IP creators, fans, and users, just like Amazon and Alibaba. If we have to set a clear goal for the next few years, RARA will become the world’s largest NFT service platform in 2-5 years. Anyone and any creator can find their own value here and all of NFTs in the world can enhance their value in RARA platform.

Q8: And the last question of this segment, where can we find out more about RARA?

Raina: Here are the links of RARA, Please join and follow to get the latest news about RARA.

Twitter: twitter.com/RARA_NFT

Community: @RARA_Global

Gitbook: doc.rara.farm

Website will be online very soon. Please stay tuned!

BSCdaily – Admin: Thank you for answering all my questions


BSCdaily – Admin: Time for wrapping up, any last words you would like to say to our community?@Raina_RARA

Raina: Thanks for your hosting Jade

BSCdaily – Admin: It was a pleasure having you @Raina_RARA

BSCdaily – Admin: Thank you so much for spending time with our community & all the very best for RARA

Source : cryptodaily.io

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