The project will be releasing NFTs across its multiple DApps, with each NFT having utility for the holder.
Rigel Gears Up
Rigel Protocol is ready to join the Non-Fungible Token (NFT) buzz with its first NFT Collections for each unique DApp on the platform (SmartSwap, GiftDApp, and LaunchPad). NFTs will be available for purchase at the Rigel Protocol NFT Marketplace or will be claimable on Rigel Protocol DApps after sales are completed.
The NFT Collections
The Rigel Protocol Collections will be more than pixelated art with no utility, according to the Rigel team. The Rigel Protocol NFTs are going to be backed by Proof of Work with massive use cases built around them, thus giving them notable value. The NFT Launch will start off with the main NFTs versions on the SmartSwap, GiftDApp and LaunchPad applications. The launch will be on both BNB Chain (formerly Binance Smart Chain) and the Polygon Networks as preferred by our active community.
SmartSwap NFT Collection
The first NFT collection of 8,175 unique NFTs is to be launched for SmartSwap, the platform’s fundamental exchange where users can easily swap several tokens on BSC, Polygon, and Oasis. The SmartSwap application also features high yield liquidity mining pools with popular tokens like CAKE, AXS, ROSE, MATIC, SHIB, and others.
GiftDApp NFT Collection
Another NFT collection of just 11,331 unique NFTs available is linked to the GiftDApp Decentralized Application (DApp). The application allows users to win prizes and send gifts to their friends and followers. Other DeFi projects and crypto influencers can reward their communities and fans while increasing their follower base and engagement.
Launchpad NFT Collection
For the Launchpad NFTs just 2,505 Unique NFTs will be launched. The Rigel Protocol Launchpad Platform helps innovative DeFi Projects to succeed in the highly competitive blockchain industry and fund their development needs. At the same time, participating projects have access to the wide platform community and full support from the Rigel Protocol team. The NFT values will range from $75 to $7,500.
Why Rigel Protocol NFTs?
Rigel Protocol NFTs won’t just be idle in your wallet. The team states they will be active NFTs, playing several roles on Rigel DApps and serving various use cases. Also, all NFTs holders of the first NFT collections will receive free NFTs from future NFT collection launches.
Backed by Proof of Work : The Rigel Protocol NFTs are backed by Proof of Work, as they can be purchased or be claimed on the DApps at a future time. This is done by majorly active users that make the DApp ecosystem work.
Automated liquidity for NFTs: Many NFTs in the DeFi space don’t cater to instant exchanges of NFTs. With the Rigel Protocol NFTs this won’t be the case. NFTs could be easily exchanged for stablecoins within minutes.
Use of NFTs on Rigel Jobs: Rigel Protocol will be launching a number of new products which will create a job ecosystem for supporters of the Rigel project. NFT holders can access these jobs to earn money and additional passive income.
Additional future NFTs: All holders of the first NFT collections (SmartSwap, GiftDApp and Launchpad), would receive free future NFTs from any collections launched
Farming pools using NFTs: NFT farming pools will be created for NFT holders interested in staking their NFT tokens to earn pool rewards in RGP
Renting of NFTs: Not everyone might be interested in working or performing tasks at Rigel Jobs. NFTs can easily be lent out to other users to make use of it, while the NFT owner earns a fee during that time.
Featuring NFTs in our P2E game and Metaverse World: The Rigel Protocol first NFT collections will also play a big role in the strategy play-to-earn game and metaverse world planned to be launched later this year.
NFT rewards from NFTpad sales: All NFT holders shall receive rewards in either NFTs or stablecoins at the end of each sale performed on the Rigel Protocol NFTpad.
NFTs Governance Dashboard: Any future changes to take place concerning the NFT ecosystem shall be issued as a proposal via the NFT Governance Dashboard.
DApp Track Record So Far
Smartswap
BNB Chain, Polygon chain and Oasis Networks Integrated
New farms (Shiba, PlaceWar, Axie Infinity, Mbox) with APYs up to 500%
Currently making final touches to our auto period and set price with integrating platforms like PancakeSwap, Quickswap, Uniswap and SushiSwap
GiftDapp
Launched on the BNB Chain Network.
Up to 5k+ plus active users.
Top 5 DApps via Dappradar.
Integrations of popular social media like Youtube, Telegram, Discord, Reddit and Instagram.
Currently working on the integrations of Polygon Chain and user wallet to further scale DApp.
Launchpad (with NFTsPad)
Launching Oracula, the first project on Rigel Protocol’s Launchpad.
Application for new projects on the Launchpad is now available here.
The Rigel Protocol NFT sale is expected to start on March 31st, 2022. For more information about the project, visit the following links:
Source : bsc.news
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