2021-11-11 20:00:42
So, what is Random Edge?
NFT’s best Auction Community
Lately we have seen an explosion across the board in "lottery" projects where people mint overhyped, overcrowded NFT's or throw darts at Uniswap meme listings hoping to hit the jackpot.
With regards to NFT's, people often hold before reveal hoping to land a rare one so that they can sell it for higher. Time and time again we have seen people mint something like a Fidenza at cost only to turn and sell it for life changing money down the road. More times than not, however, after reveal, participants end up with a common or "floor" NFT and rush to sell into fading liquidity. Just look at Mekaverse as an example.
In regards to Uniswap listings, participants often throw darts trying to nail the next $SHIBA, but more often than not they end up rugged or at a loss. We want a quick fix and we (for the most part) like the rush of hitting it big.
That's where Random Edge comes in. We've taken all of the unsavory actors and variables out of the equation. No insiders. No scammers. No pump and dumps. Just straight on-chain verifiably random results. Users purchase a ticket/tickets, receive a NFT representing their purchase, and then wait For the games to begin. Once the cap on the specific pool has been reached, we will call a contract function that uses chainlink to randomly select a ticket number that has been issued. If the cap isn't reached, we will use a specific timestamp to begin the process. The owner of the winning NFT will automatically receive a portion of the prize pool (we will announce specifics soon for each pool) in the form of $ETH For our first pool, we will offer our community a free mint -- you just pay gas. The prize pool will consist of 25 $ETH issued directly from us. Future pools will have a mint cost, which will go directly to creating the prize pool. The higher the mint cost, the higher the payout.
Ultimately, our goal is to enable an even playing field where influencers, insiders, etc. have no advantage. Hence our name, Random Edge. By leveraging chainlink VRF, we are able to create an even playing field for all those that participate. Stay tuned for website info, etc.
Join the fastest growing NFT Auction Community :
Telegram: https://t.me/randomedgenftplatform
Discord: https://discord.gg/XQh4CaaKAj
Twitter: https://twitter.com/RandomEdgeNFT
Instagram : https://www.Instagram.com/randomedgenft
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