Proof of Ownership NFTs
Ridotto’s Ownership NFTs set the infrastructural foundation for the ecosystem. Each one will be specific to the type of game, whether it be a lottery, slot, or specific table game, and will give its owner the ability to customize their casino product’s internal and external design, as well as bankroll and profit from gameplay.
This means that for the first time ever, through the power of smart contracts, anyone in the world can deploy their own game at the click of a button.
NFT Farming
Given the newness of such a revolutionary utility, the team is being careful to slowly introduce Proof of Ownership NFTs into the market, without flooding supply beyond demand.
For this reason, Ridotto is introducing a new approach: NFT Farming, which allows community members to stake the $RDT native token to farm and progressively earn fractionalized Ownership NFTs. Only whole NFTs are claimable; the progressive fractional earning system simply exists as a mechanism to slowly give out NFTs to individuals, rather than giving them out all at once. However, the more an investor stakes, the quicker he or she will earn a whole NFT.
Game Changing Token Utility
The importance of Proof of Ownership NFTs can hardly be overstated. They represent the roadmap’s first delivery of rock solid token utility. Now, instead of being a speculative token, the $RDT token now equates to direct ownership of a real, profit generating casino product. Those that stake them will passively earn a revenue generating asset that can either be deployed directly on the Ridotto protocol or sold to the highest bidder on a secondary market.
Influencers, charities, DAOs, and both tokenized and non-tokenized projects of all varieties will be primed to benefit from Proof of Ownership NFTs, which serve as the infrastructural software for Ridotto’s Casino as a Service. Profits, marketing, community engagement, native token utility, and non-inflationary staking are just some of the benefits that projects will enjoy by deploying your sold Ownership NFTs.
Priority to Community
This system puts community at the heart of the distribution process by prioritizing the most dedicated community members, by being completely free, and by also avoiding the most common trappings of the NFT minting process.
Given that the fairest Minting process is one that rewards long term dedication, everyone who participated in any of Ridotto’s three staking events will be prioritized and automatically allowed to farm slot machine NFTs for two weeks before slot machine NFT farming is opened to the wider public. Everyone, on the other hand, will be able to farm lottery NFTs when the pools open.
Ridotto’s NFT Farming will completely skip the industry’s most pernicious, user-antagonistic behaviors, which include discord grinding, influencer motivated favoritism, gas wars, and pump and dump related marketing tactics.
NFT Farming goes live on May 10th.
So stay tuned, release is imminent!
