R-Planet DAO Tokens Distribution Starts in February!

frens, when the crypto market is dipping, it's time to focus more on fundamentals and development. What is actually happening and what is actually being built. Take a break from staring at your portfolio and having nightmares about working at McDonald's. More and more ways to earn crypto are coming out every day.

R-Planet DAO

R-Planet is one of the first games I ever played on the WAX blockchain. Initially the game has been a kind of Little Alchemy style game. You combine 4 basic elements over and over and try to invent new elements that haven't yet been discovered. In order to acquire basic elements, you need AETHER which is obtained by staking R-Planet mining rig NFTs (previouosly 3rd party NFTs as well). The game has slowly been evolving and we are looking at hopefully the second phase of the game coming in this first quarter of 2022. It has evolved into a full-fledged Massive Multiplayer Online game with NFTs and its own token economy. Back in October, I wrote a post where they revealed that they would be launching a DAO. Today, we get a little more information. I guess the first announcement was the announcement announcement. LOL

As previously announced, they are going to be airdropping 50,000 RDAO tokens to the "most active players". 1,500,000 will be sold for AETHER, which we do not have a rate for. How much AETHER do you think will get you an RDAO token? 500,000 for liquidity mining, 450,000 for mining in the R-Planet Market Place. I have a feeling it will be similar to NeftyBlocks' marketplace rewards. You can earn by buying and selling NFTs on the marketplace. Then the rest of the supply is allocated for the team/future distribution. I think the distribution of the tokens looks fair. How the airdrop will me determined is what I'm really interested in here. It's not very clear, but I hope I'm on the list.

Lastly, the advantages of holding RDAO tokens... R-Planet's tokens have a history of going down 99% so I don't have a whole lot of faith to be honest. Hopefully the limited supply and revenue incentive will be enough to sustain a decent value for the token. Holders of the RDAO tokens will be able to vote on the future direction of the game as well as and option to receive passive income from the game.

Why they would give an option, I'm not sure. I would assume that every holder wants their share of revenue. So 75% of the revenue from the R-Planet Marketplace, in-game sales, and initial sales will be distributed to RDAO token holders. 75% is a HUGE number in terms of revenue for the R-Planet team. It takes some balls to give 75% of that away. Seeing as they've consistently sold out of every NFT they've released, it should be pretty substantial. As always, Not financial blahblahblah.... Do you think the DAO and next phase of the game are going to bring it back to life?