NFT Marketplace gives creators the opportunity to sell real collectibles with metaverse integration
Economies are changing rapidly. From a global pandemic, to worldwide unrest, to evolving definitions of money and value, people are rethinking what matters in their daily lives. New societies are formed based on untrustworthy protocols, and those online seek to gain authority and make their voices heard.
Currently, the world has valuable objects in both the physical and digital worlds, which leads many to a place where they have to cross 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 considers truly valuable.
ClubRare is a decentralized community-owned NFT trading platform for both digital and physical goods. Here, users will see a reality convergence of physical and digital in the release of the world’s first premiere “fygital” marketplace, built on a sustainable token economy. The driver for this mission is the MPWR native token, which ClubRare will use to reward users on the platform and form the basis for a new metavers economy.
As a community-driven initiative, the project aims to reward the early pioneers of Web3 by sending MPWR tokens to OpenSea users from May 26 to June 24, 2022. To participate, users must connect to their wallet and claim tokens by to list an NFT with ClubRare. For those users who traded NFTs before 2022, the project ensures that they are also qualified to participate and demand an airdrop of tokens. Despite significant values, the team remains focused on a sustainable future, as evidenced by the project that redistributes unclaimed tokens back to ClubRare’s rewards pool.
The basis for sustainability
Reward mechanisms ensure that ClubRare’s communities, including creators and collectors, are properly recognized as the basis for future trade and physical distribution. In practice, the ClubRare platform will empower individuals by connecting them directly to the creators, bringing them directly to the metaverse, and ultimately establishing a connection back to the physical world.
As many platforms go on stage, it is ClubRare’s commitment to never use unsustainable rewards or promotions to capture market share that really sets it apart. Instead, the project team has made it their task to build long-term economies within the ClubRare ecosystem. Many other projects have grown rapidly and failed just as quickly due to the dominance of a few whale traders who exploit the entire reward system. ClubRare, on the other hand, is positioned to be different.
The platform enters the marketplace 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 the introduction of a more sustainable token structure.
Furthermore, to ensure that the community is a 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 divided between treasury and project development.
MPWR, the original token and the basis for these efforts, will be seen in the listing, trading and efforts of tokens. From there, the ClubRare team will build next-generation metavers and rewards-based collectibles based on the same token.
There collectors gather
ClubRare has already 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 the current development phase to the upcoming global launch.
In support of this launch, ClubRare is releasing an ad that will go live in Times Square in June, when the world’s leading NFT collectors gather for NFT.NYC.
ClubRare will attend the NFT.NYC conference in June as a platinum sponsor.
The platform will also host the Open Metaverse Club conference on June 23 in New York and will make announcements, including the unveiling of a global brand partnership at this event.
Disclaimer. Cointelegraph does not endorse any content or product on this site. While we aim to provide you with all the important information that we can obtain, readers should do their own research before taking any action related to the company and take full responsibility for their decisions, nor can this article be considered investment advice.