Play to Earn

Play to Earn token Play to Earn token

Menu
  • Virtual Worlds
  • Digital Collectibles
  • Crypto Art
  • Blockchain Gaming
    • Action
    • Esports
    • Puzzle Games
    • Racing Games
    • Role Playing Games
    • Sports Games
    • Strategy
    • Trading Card Games
  • DeFi
  • F.A.Q.
    • What are Blockchain Games?
    • What are NFTs or Non-Fungible Tokens?
    • What’s the Metaverse?
    • What’s the Play-to-Earn Business Model?
    • What’s Interoperability?
    • Setting Up a Wallet
Menu
drops noderunners crypto art

Fair Crypto Art NFT Distribution with Drops

Posted on 2021-02-192021-02-19 by Sponsored Article
crypto artDropsNodeRunners

Drops is a new NFT art distribution project with a focus on fair distribution for all crypto art buyers, while providing exposure for upcoming creators. The platform, made by the developers behind NodeRunners, uses the Matic Network for a gasless experience, while these collectible NFTs also gain utility through the project’s tokenomics.

Users can earn some money from digital assets acquired through Drops by depositing them into vaults. Basically they will be staking their NFTs, which will earn them dPoints. Buyers can use these dPoints to cover purchases on the Drops marketplace. In addition, users earn some of their purchase back in DROP tokens.

It’s almost like an endless loop. Stake your NFTs, earn dPoints, use dPoints to get discounts on Drops NFTs, and then take those NFTs. On top of that you earn DROP tokens. However, big pockets won’t cut it. The raffle system needs to make sure fair distribution happens.

Raffle tickets for Drops

Collectors can acquire limited edition artworks through drops or on a traditional marketplace. These drops are limited edition artwork releases that are distributed through a raffle. This enables fair participation for all buyers, while the creator gets more exposure over time. All this will be built on the Matic Network, making sure that users don’t have to deal with gas fees.

Raffle tickets can be purchased with ETH, DROP and NDR. At the same time users can use their dPoints to get a discount on a ticket purchase. After the ticket sale, users can redeem their raffle ticket for a random NFT from the Drops collection.

Yield farming NFTs

Collector who have bought an artwork, can put the NFT into a Vault. In addition all kinds of other NFTs can be placed into these vaults as well. Each NFT has a certain weight, giving the owner a share of the dPoint token pool. The amount of yield each token gets, is decided through a community vote. These dPoints can’t be transferred, but only apply to the account that earned them. Each dPoint will be worth one dollar.

Staking DROP tokens will also earn users dPoints. In addition users who provide liquidity through one of the liquidity pools, will earn more DROP on their cashback rewards. Read more about Drops on their website, which also includes their whitepaper.

Image

NodeRunners NDR token

Drops is part of the Node Runners ecosystem. As a result they use the NDR token for governance over the platform. NDR holders decide on which NFTs get added to the vault and what their weight will be. In addition NDR will be a payment option within Drops, while token holders also earn share of the Drops platform fees.

Node Runners is an open-source cyberpunk-themed game that combines NFTs and DeFi. The game features hero NFTs like Vitalik Buterin, Satoshi Nakamoto, Andre Cronje and Keanu Titanhand. Collectors can stake these cards and earn NDR tokens.

Image result for keanu reeves gif
Keanu Titanhand, for reference. 🙂
Sponsored Article

Sponsored articles on Play to Earn are paid for by companies, individuals or other third-party institutions. These companies provide the talking topic, and Play to Earn maintains the editorial freedom on how to promote and describe the sponsored products. Sponsored articles and its sponsors are carefully curated to match the portfolio of Play to Earn Online Magazine and the interests of its audience and the Play to Earn community. Revenue from Sponsored Articles is deposited in 0x4ccadb03b6d53273e565732f0a472dde82365201 and will be used to stimulate community and platform growth.

Share this article with your friends:

Related Posts:

  • How to Buy Land for My Neighbor Alice
    How to Buy Land for My Neighbor Alice
  • 30 Blockchain Games To Keep an Eye on in 2021
    30 Blockchain Games To Keep an Eye on in 2021
  • Play to Earn: Making Money with Gods Unchained
    Play to Earn: Making Money with Gods Unchained
  • What's the Metaverse?
    What's the Metaverse?

Overview: Best Play-to-Earn Games

play to earn games crypto token nfts

Trending topics

  • playtoearn alien worlds header Play to Earn: Making Money Mining in Alien Worlds
  • alien worlds planet binance Planet Binance Integrated into Alien Worlds
  • alien worlds artwork portal nft drops How to Transfer TLM from Wax to BSC
  • blockchain games 2021 header artwork 30 Blockchain Games To Keep an Eye on in 2021
  • Rplanet mars artwork spaceship R-Planet Landowners Can Earn Land in Uplift World
  • Alien Worlds Binance Smart Chain Teleport Alien Worlds Builds Teleports to Binance Smart Chain
  • crazy defense heroes TOWER xp rewards Earn TOWER Token Soon in Crazy Defense Heroes
  • conquest ethereum onchain strategy game header On-chain Strategy Game Conquest.eth Coming in May
  • guild of guardians artwork 1 Guild of Guardians Combat Gameplay Detailed
  • alien worlds shining NFT Upgrading Digital Assets in Alien Worlds Explained

What are NFTs?

non fungible tokens header - league of kingdoms sorare six dragons

What is the Play-to-Earn Business Model?

play to earn header - axie infinity league of kingdoms fiat bitcoin

Play to Earn Online Magazine 

We are citizens of the metaverse. Providing news and editorial content about blockchain gaming, crypto art and non-fungible tokens since January 2020. Part of the Play to Earn Community and media partner of the Play to Earn Game Festival.
Disclaimer || Privacy Policy

Contact

Robert Hoogendoorn 
robert AT nederob NL
nederob#9458 (Discord)

Tip us:

Universal wallet: playtoearn.crypto
ETH | 0x4ccadb03b6d53273e565732f0a472dde82365201
BTC | 34CpoxRwJzEzBg7D6DtXTbkUVvzPXyTbKQ
LTC | LV2CaMFL7LszxSXTgvrroaebXTFgkEf3Kz
WAX | bxzqu.wam
TRX | TKKZvEr8VvrX27jQa52635Xq7SafJAdRCu

©2021 Play to Earn | Design: Newspaperly WordPress Theme