Read on Twitter
NFT& #39;s have become one of the hottest topics in crypto again, so we wanted to take this thread to highlight our favorite new NFT-centric platform, @dontbuyrope $ROPE.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread">
$ROPE aims to be an NFT platform with a focus on individual artists, bridging the gap between the development and art world.
This gives them an advantage over other NFT projects that have recently sprung up as they& #39;re not locked into a specific style or theme.
This gives them an advantage over other NFT projects that have recently sprung up as they& #39;re not locked into a specific style or theme.
As a community run social experiment, it was upto the group of holders to decide the direction of the project.
This happened almost immediately and since, the team has accomplished more than most funded teams in their ~2months of existence.
This happened almost immediately and since, the team has accomplished more than most funded teams in their ~2months of existence.
$ROPE is a fair launch project with a max, fixed supply of 28,000 that was distributed via airdrop to community members.
It was started as a social experiment for those who had missed out on the $MEME airdrop but quickly became much more.
It was started as a social experiment for those who had missed out on the $MEME airdrop but quickly became much more.
$ROPE revolutionized the NFT world by being the first to introduce staking mechanics for non-fungible tokens utilizing the ERC-1155 multi-token standard.
On their platform you can stake the native $ROPE token, LP tokens, and NFT& #39;s to generate a non-transferable reward token called $HOPE, which can be used to redeem NFT& #39;s on their platform.
They have also breached into the yield farming world with a first of its kind contract known as the spindle.
This contract allows for #Ethereum/stable coin pairs to be staked to farm $ROPE as well as add multipliers to the users $HOPE generation rate. https://dontbuyrope.medium.com/the-spindle-is-here-e41a9867e213">https://dontbuyrope.medium.com/the-spind...
This contract allows for #Ethereum/stable coin pairs to be staked to farm $ROPE as well as add multipliers to the users $HOPE generation rate. https://dontbuyrope.medium.com/the-spindle-is-here-e41a9867e213">https://dontbuyrope.medium.com/the-spind...
The team behind $ROPE is well known for their aim to do good in the industry. The team has already conducted 1 charity raise that netted $25K which 100% was donated to Save The Children.
They& #39;ve stated that their plan is to do at least 1 raise a month for different charities.
They& #39;ve stated that their plan is to do at least 1 raise a month for different charities.
$ROPE has also just recently partnered with $YFL and will be one of the assets available on LinkSwap at launch.
A roadmap was recently released by the team touting new partnerships, on-chain options, and secondary marketplaces aimed to be released over the next few months.
A roadmap was recently released by the team touting new partnerships, on-chain options, and secondary marketplaces aimed to be released over the next few months.
With only being 2 months old, and all of the active development taking place, $ROPE is a project that we& #39;re definitely keeping our eye on at Oxis.
Although $ROPE is only available on Uniswap and DEX& #39;s at present, Oxis found a way to show some love!
As the first "dex-based" asset, we currently support $ROPE to safely manage and exchange to and from $ETH.
More exchange options coming soon! http://oxis.com"> http://oxis.com
As the first "dex-based" asset, we currently support $ROPE to safely manage and exchange to and from $ETH.
More exchange options coming soon! http://oxis.com"> http://oxis.com
