Mars Rabbit, a new BSC deployed DEFI + NFT blockchain project roaring across the horizon- the next generation community token that is positioned to surpass Dogecoin
What people have been saying about these rabbits:
“Crazy and silly”
“Weird and funny’
“Large eyes, ears and teeth.”
“Representative of the Cute and goofy world”
The rabbits come from Mars! They are crazy and full of imagination! They are called Mars Rabbits!
“Imagination monetizing”: turning your imagination into reality and money.
- Project Introduction
Mars Rabbit is a community driven DEFI+NFT blind box card game platform deployed on the BSC network. With no private sale, IDO, and pre-mining, Mars Rabbit uses token rewards to increase user participation and entertainment. The integration of a revolutionary token economic system coupled with the use of financial mechanisms and gaming systems will empower participants and enable a truly decentralized gaming experience.
The project also has strong charity and public welfare attributes, which can help ordinary people fulfill their wishes.
- Project Core Competitiveness
Rabbit’s core competitiveness mainly comes from two points:
one, is the new concept of DEFI+NFT; and two, is the community atmosphere/momentum of a meme coin similar to Dogecoin.
1) Defi +NFT’s new concept: NFT cards that can adjust the mining difficulty based on the Defi assets.
The RBT team will issue a series of NFT cards with artists, each card will have attribute which can be used to increase/decrease the mining speed of matching assets (Buff/Debuff cards). Example: A legendary RBT – Ethereum cards with Vitalik’s cover will enhance all ETH related currency pairs. If an NFT card is obtained, the card can be injected into the mining pool (valid when the ETH is on either side of the A/B asset, such as the ETH/USDT) and your RBT mining rate is increased by the multiplier on the card.
The protocol will ensure that every early miner will get a randomly selected NFT card with a multiplier ranging from 1.1 to 1.2 times. When RBT NFT is launched, early adopters will receive the NFT card as soon as possible, so stay tuned. More details of how the RBT NFT works will be disclosed soon.
2) The community-focused culture similar to Dogecoin.
Let us take a look at one of the most popular dogs on the Internet. Compare Rabbit and Dogecoin in many ways, so you can learn more about Rabbit.
On April 1, 2021, Tesla CEO Elon Musk tweeted that “SpaceX will send a Dogecoin to the moon.” Before anyone could figure out whether Musk was joking or not, Dogecoin jumped 27% in the next hour. So far, Dogecoin, has managed to become the fourth largest cryptocurrency by market capitalization, making it an unabashed mainstream currency.
The success of Dogecoin seems to be accidental, but in fact it is inevitable. Dogecoin was born in the background of the Shiba Inu that exploded across the Internet in 2013. Relying on Shiba Inu’s lovely appearance and sharp eyes, Dogecoin has always maintained a large volume and active degree of the community since the birth of Dogecoin. And because of the label of tipping culture and charity, Dogecoin has been exposed many times. Another important point is that Dogecoin has always been popular among early altcoins, but its value has always been low due to its large circulating supply. This is undoubtedly a particularly good and easy digital currency for many retail investors who cannot afford BTC or ETH.
But with the development of blockchain technology and the soaring price of Dogecoin compared with 2013, the development of the current blockchain technology has already been greatly improved. However, the current technology of Dogecoin, which has only made a simple modification to the Bitcoin code, has remained stagnant.
- Project Layout
As an early fan of Dogecoin, and in the hopes of continuing the spirit of Dogecoin with the latest technology, Rabbit was developed on the Binance Smart Chain as a community driven DEFI+NFT blind box card game with a charitable nature.
Like Dogecoin, Rabbit was gaining exposure and popularity in the crypto community on the back of a cute but mean-spirited cartoon Rabbit.
In addition to giving away RBT tokens to enthusiasts and creators by airdrop, Rabbit has also added DEFI and NFT blind boxes: all blind box cards need to be drawn randomly, and each participant draws a blind box with tokens to obtain different levels of rare blind box cards. Participants can combine cards, so that they can perform better acceleration or leveraged mining in the mining pool. In addition, Rabbit also uses VR technology to create a new NFT effect, and there are rare cards delivered in kind that can draw custom gold/silver rabbit models and limited-edition gift NFTs, allowing participants to obtain novel experiences and card asset preservation.
Rabbit, through open and transparent smart contracts and insurance agreements, ensures and guarantees that the charity work will be carried out in a trustworthy and robust way.
In addition, to allow more users to obtain Rabbit tokens for free and become loyal fans of the Rabbit project, DEFI mining will be started on the BSC chain after the project is launched in the second quarter of this year. Compared with Dogecoin’s Scrypt algorithm mining which requires physical mining machines to consume power and computing power, Rabbit’s DEFI mining costs are low and easy to use. It is therefore more likely to be favored by ordinary users. Coupled with the current DEFI mining boom, Rabbit is expected to attract a large fan base once the project goes live.
In the Rabbit project, fans who want to earn money from pools of different levels need to own NFT cards of the same level to form special cards of the same level to mine in the pool of the corresponding level. Fans can only get NFT cards in three ways: 1. Blind box random selection; 2. Purchase cards drawn by other users in the trading market; and 3. Combination/replacement of other cards. In this way, the circulation of NFT cards is improved, which helps increase the value of NFT cards in the hands of collectors and the consumption speed of blind boxes.
The combination of blind box and mining ensures the stable development of the Rabbit project and the continued vitality of the community. Rabbit uses liquidity pools within the Defi ecosystem, production mining pools, and NFT which integrates into a game infrastructure that not only allows for mining optimization strategy for its users, but also results in unique NFTs that can be used in fun and dynamic game strategies. Players with a low barrier to entry, can gain different attributes, participate in the community’s ecosystem, and earn a profit by becoming co-creators of Rabbit. Participants can draw using NFT tokens and cards through a blind box, from which cards are randomly drawn. Cards can be sold through the market or traded with other players.
Of course, Rabbit is not limited to Defi and NFT. Rabbit will organize creator programs, Wishing Pool activities (described below), and NFT games, among other things. Rabbit uses token rewards to increase user engagement and entertainment, as well to strengthen its community.
The wishing pool mechanism allows users to initiate a wish or charity vote on the chain. Whether an epidemic, a natural disaster, or a simple wish made by a community member, wishes can be proposed. Community members can use RBT to vote and donate. Every month, Rabbit will help complete a wish based on the community ranking. By voting, donor tokens automatically flow into the pool which participates in the mining protocol. After the votes are tallied and announced, the tokens will be allocated to the winning wish and the remainder returned to the original Rabbit addresses. Additionally, the Rabbit Foundation will allocate 10% of the funds for token repurchases and burning. This approach not only establishes a deflationary token economy model, but also enables Rabbit to gain continuous exposure and attention on various social media platforms.
The NFT games are not like many of the blind box games available on the market which are purely only lottery games. According to Rabbit’s white paper, players need to collect various NFT cards from the Rabbit Hero NFT game and use these NFT cards can be used to apply various skills to help the mad rabbit destroy its enemies. With a selection of 500+ NFT cards, new professions and skills will be gradually unlocked through battles. Players with DOT, ETH, TRX, and BSC will let the crazy rabbit destroy all its enemies, win the ranking, make money in the game, and ultimately rush into space.
- Token Distribution （RBT）
Rabbit Token is abbreviated as “RBT”, with a total circulation of 100,000,000,000 (100 billion) with no pre-mining. 50% is allocated for swap mining, 20% for liquidity pool, 2% for airdrops, 8% for community (with a two-year lockup), and 20% for NFT blind box card. The developer team believes that the essence of blockchain lies in transparency and fairness. Therefore, Rabbit’s Token does not have pre-mining, seed, or private round fundraising rounds.
The founders of the RBT community have established RBT’s community governance vault, which will receive 8% of the total RBT tokens from the liquidity mining. This is governed by a vote of the community to decide how and where the money will be spent. In addition, the vault will be protected by voting contracts, multi-signature, and time-locked contracts.
The creators of the RBT community propose building a community governance treasury for RBT, which will receive 8% of the total RBT tokens from liquidity mining. Governance is voted by the community to decide on how the funds will be allocated.
Special note: RBT swap mining transaction fee is 10%, 5% of which is automatically sold for BNB to add to the liquidity pool for the automatic market making; and the other 5% is distributed to token holders.
From the above introduction, it is not difficult to see that Rabbit, as the second-generation innovative community token, has a clear vision and plans on the official website’s roadmap are also progressing. If you have already missed the Dogecoin run, don’t worry, go to Rabbit’s official website (https://rabbittoken.org/), join the Telegram group and follow the Twitter. Become a fan of the Mars Rabbit and help gather the power of community to co-create a decentralized, fun, profitable, and charitable journey to Mars.