BSC News NFT announces partnership with Bodega Blocks

BSC News NFT and Bodega Blocks join forces

BSC News NFT is proud to announce that they have partnered with upcoming NFT collection Bodega Blocks in a tool-based collaboration!

The collaboration will see Bodega Blocks give BSC News NFT 5 Bodega NFTs to be given away to holders through a Genki promotion on October 20th. A snapshot will be taken on October 23 to qualify for the Bodega Blocks whitelist:

• The first 100 verified holders will receive the OG role in the Bodega Blocks Discord. The OG role grants access to exclusive sneak peeks of future Bodega Blocks collections, future access to a private channel on the Bodega Blocks Discord, first timer status, as well as a whitelist spot for all future Bodega Blocks coins.
• All verified holders will receive a whitelist spot. Users must be a member of both the BSC News NFT and Bodega Blocks Discords to get a seat.
• The remaining whitelist places will be drawn via Twitter.

Bodega Blocks will also participate in ongoing campaigns and events such as Twitter Spaces. The collaboration is the first cross-chain partnership established for both BSC News NFT and Bodega Blocks, and brings the first $ETH utility to its holders.

The Bodega Blocks coin is currently set for October 26th, subject to change of date. The first collection of bodegas is inspired by Japanese corner shops and markets in Tokyo.

What are Bodega Blocks

Bodega Blocks is a utility-driven Non-fungible Token (NFT) project that takes the global ‘bodega’ concept and applies it to a Web3 setting. The collection takes the form of bodega buildings that are decorated with urban art by a number of artists. Bodega Blocks NFTs start as an empty bodega building which can then have art embedded. The bodegas are all located on the CUBE, the “Google Earth” of the ecosystem where users can quickly browse and find specific bodegas and villages.

Bodega Blocks was created by a group of friends who were heavily invested in the Web3 space, especially on the BNB Chain. When the group decided to get involved in the development side of DeFi, the concept of the bodega stood out to them because of its universality; around the world, community-run stores fill unique niches based on community demand. The descriptive word changes from country to country, but the overall theme of the bodega is global.

The Bodega Blocks team leverages this concept in a Web3 setting by giving users complete freedom with their bodega, including the ability to connect multiple bodegas to form a village. Just like real bodegas, what each Bodega NFT has to offer depends on community demand.

What makes Bodega blocks unique

Bodega Blocks seeks to unite 1/1 and generative NFT spaces in a mix that highlights both digital art and revenue utility. There is a clear distinction between the two communities with limited overlap. Bodega Blocks seeks to break down the wall between them and serve as a bridge that allows the positive qualities of each community to shine – all while providing sustainable benefits for holders.

In addition to introducing artists new to the Web3 space, such as White Squid Tokyo, existing popular NFT compilations will also be embedded as derivatives. These carefully curated derivatives will essentially create rarity levels and also come with a number of cross-promotional opportunities for the original artists.

Bodega Block’s NFTs are also unique in that they use a cutting-edge contract that allows them to be “stored” inside other NFTs. This means that bodegas can be upgraded, which will be a large part of phases 2 and 3, according to the whitepaper.

Opportunities for artists, influencers and more

The customization options Bodega Blocks offers help the collection stand out. Bodega creators can choose to design their buildings with paid ads (essentially acting as an influencer), promote other collections or projects, or even their own businesses – there is complete freedom in the design of each building.

Bodega Blocks Utility

While the artwork embedded on Bodega Block’s NFTs is appealing, the project’s primary concern is to benefit its holders. This tool is achieved through a number of benefits and features for bodega owners.

Sustainable passive income

Bodega Blocks offers passive income in the form of “rents” for holders. The rent is paid out in USDT, with a guaranteed 50% APR based on the coin price. There is no native token for Bodega Blocks – all rewards are in stablecoins to ensure the long-term profitability of the project, as the rewards will never change in value.

The income is also sustainable for a couple of other reasons; there is no dependence on volume and the income does not come from transaction taxes. Instead, the proceeds are taken from a buyback wallet funded by secondary market royalties and mints, as well as treasury funds.

The wallet is also used to purchase and burn Bodega NFTs from secondary markets, permanently removing them from circulation. This helps to stabilize the floor of the project and minimize speculation and risk.

An open canvas for artists and influencers

As previously mentioned, the Bodega Blocks collection serves as an excellent tool for artists to promote their work. Whether this is creating existing NFT collection derivatives, introducing new digital artists to Web3, or simply promoting existing NFT designers’ latest designs, artists can benefit from both exposure and cross-promotion of Bodega Blocks.

Businesses and influencers can also take advantage of the structure to benefit their endeavors. From a billboard promoting your business branding, a stylized affiliate marketing link, to sharing a new corporate campaign, Bodega Blocks owners have the power to leverage their bodegas as they see fit.

Bodega Block’s roadmap

Bodega Block’s roadmap is ambitious, with plans to expand into city building and potentially even retail opportunities in the CUBE. The roadmap is divided into 5 unique phases:

Phase 1: Pre-Mint – This stage involves preparing Bodega Blocks for launch, including opening social media platforms, developing contracts, finalizing NFT art and other preparatory operations.

Phase 2: Bodega NFT Mint – This is the minting phase. The distribution of the coin is as follows:

• 111 Preferred Genesis
• 1.111 Genesis Mint
• 7,777 Public Mint

All rewards can be claimed immediately after release. The “artificial reveal” takes place within 72 hours of the final estrus.

Phase 3: Launch of Land Parcel Sales (LPS) – In this phase, users will be able to purchase land parcels in CUBE. There will be approximately 6 plots of land per NFT holder, a total of 55,555 plots. Owners will be able to merge their bodegas and parcels to create a BLOCK and increase their potential earnings.

Phase 4: CUBE launch – The CUBE is launched in this stage, bringing new tools such as bodega leasing. More will be revealed as this phase progresses.

Phase 5: And Beyond – This will be an ongoing phase where the Bodega Blocks team will continue to integrate new ideas and utility into the platform. Features such as metaverse and gamification are currently being discussed, with more to come.

Final thoughts

BSC News NFT is extremely pleased to bring Bodega Blocks into the group as a collaborative partner. The unique approach Bodega Blocks takes to the Web3 industry offers both utility and fun for users – things that BSC News NFT strives to bring to its holders.

Follow BSC News NFT Twitter account and join the official BSC News NFT Discord to learn more about what the partnership will bring to the table! You can create your own BSC News NFT on Rareboard or choose your favorite in the secondary market on Binance NFT.

Where to find Bodega Blocks:

Website | Twitter | Discord | White paper