Economies are shifting rapidly. From a global pandemic, to worldwide unrest, to evolving definitions of money and value, people are reimagining what matters in their daily lives. New societies are forming based on trustless protocols, and those online are seeking to acquire empowerment and make their voice heard.
At present, the world holds items of worth in both the physical and digital worlds, leading many to a place where they must straddle the two. As the gap continues to close, it will only be a matter of time before a new standard is set for what the world deems truly valuable.
ClubRare is a decentralized community-owned NFT trading platform for both digital and physical goods. Here, users will see a real-life convergence of physical and digital in the release of the world’s first premiere “phygital” marketplace, built on a sustainable token economy. Driving this mission is the MPWR native token, which ClubRare will use to reward users on the platform and forms the basis of a new metaverse economy.
As a community-driven initiative, the project aims to reward the early pioneers of Web3 by airdropping MPWR tokens to OpenSea users from May 26 to June 24, 2022. To participate, users will have to connect their wallets and claim their tokens by listing an NFT with ClubRare. For those users who traded NFTs before 2022, the project ensures these ones are also eligible to participate and claim an airdrop of the tokens. Despite significant value being put up for grabs, the team remains focused on a sustainable future, as evidenced by the project redistributing unclaimed tokens back into ClubRare’s reward pool.
The foundations for sustainability
Reward mechanisms ensure that ClubRare’s community, including creators and collectors, are properly recognized as the foundation for future commerce and physical distribution iterations. In practice, the ClubRare platform will empower individuals by connecting them directly to creators, briding them directly to the metaverse and ultimately establishing a connection back to the physical world.
As many platforms take to the stage, it is ClubRare’s commitment to never using unsustainable rewards or promotions to capture market share that sets it truly apart. Instead, the project team has made it their mission to build long-term economies within the ClubRare ecosystem. Many other projects have grown quickly and failed just as fast due to domination by a few whale traders who exploit the entire reward system. In contrast, ClubRare is positioned to be different.
The platform is entering the marketplace arena with private funding, extensive connections to global innovators and a well-developed vision for the future. As such, ClubRare prohibits token dumping, a reality that has coincided with adopting a more sustainable token structure.
Furthermore, to ensure that the community is the top priority, the project shares that 60% of the transaction fees will be returned to the community. The rest of the fees will then be distributed between treasury and project development.
MPWR, the native token and foundation of these endeavors, will be seen in the listing, trading and staking of tokens. From there, the ClubRare team will build a next-generation metaverse and reward-based collector economy founded on the same token.
Where collectors convene
Already, ClubRare has achieved success in the presence of its partnerships with The Sandbox, The Brand Collector (TBC) and Naeem Khan. Each of these will enhance the project’s ability to transition from its current development phase to its upcoming global launch.
In support of this launch, ClubRare is releasing an ad that will go live in Times Square this June, when the world’s foremost NFT collectors convene for NFT.NYC.
ClubRare will be participating in the NFT.NYC conference in June as a platinum sponsor.
The platform will also be hosting the Open Metaverse Club conference on June 23 in New York and will be making announcements, including the reveal of a global brand partnership at this event.
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