Red planet Collection
About Red Planet
Red Planet DAO is a comprehensive project that combines real hosting, mining capabilities, and Web3. Our NFT project serves as a Web3 extension of the main project, allowing us to expand our community, attract new users, scale and complicate security, create additional financial flows both within the project and outside of it, and support other communities.
Basic Development Strategy for the NFT Collection
The NFTs of our project will have foundational utility that we will develop alongside Web3, increasing value for each participant and for the project as a whole.
ROADMAP Red Planet NFT
1. Creation of an NFT collection consisting of 5,000 images, establishing artistic value, recognizable ARTs, an artistic universe, spreading information, attracting the community and influencers.
2. Placement of the collection on the Stargaze NFT price set at $40, with a WL option at $35.
3. Investing the raised funds into mining equipment at our hosting facility.
4. Reward calculation: stakers with 2 or more NFTs will receive 30-40 percent of the net profit from the mining farm; the remainder will be used to cover maintenance and reinvest in additional equipment, increasing compound interest within the community.
5. Development of software for distributing rewards to NFT stakers (from 2 tokens).
6. Development of Web3 and additional liquidity streams.
7. Collaborations with other projects.
Minting Stages
At each minting stage, new project opportunities open up depending on the number of NFTs.
The project starts operating with as few as 400 NFTs
The project will begin to reinvest in new equipment when minting reaches 2,000 NFTs or more; the closer we get to the complete mint, the faster the reinvestment process will occur.
Newly acquired equipment will be connected through hosting, adding compound interest to the distribution through the bOsmo pool for all project stakers. Additionally, this will accelerate the reinvestment speed. Revenues will grow, and the project will be able to create additional liquidity streams for the community and project partners.