In this post:
- RaveGods is preparing to launch a token and NFT that fuses blockchain technology with real-world rave culture.
- The project is a community-driven ecosystem that provides NFT and token holders with exclusive access to events, revenue sharing opportunities, and digital perks.
- The project’s developers also announced that they are working on a game that will allow users to compete for NFT rewards.
RaveGods has announced upcoming token and NFT launches. Project developers aim to integrate blockchain technology into the world’s authentic rave culture. The launch of the project’s native tokens, RAVE, and NFTs, will give holders access to events, revenue sharing opportunities, digital perks, and upcoming games currently in development by the team.
Team members announced that RaveGods will help users “celebrate the human spirit” by giving them the opportunity to “unleash their inner Rave God.” The announcement also detailed that RaveGod NFT holders and RAVE token holders will receive VIP access to exclusive events, online rave streams, merchandise drops, and additional perks.
RaveGods Announces Revenue Sharing Mechanism to Benefit NFT Holders
RaveGods has implemented a profit sharing model that allocates 35% of event proceeds to NFT holders. Revenue will be distributed based on the number of NFTs held; the more NFTs a user owns, the more revenue they will receive. The project also announced that an additional 25% of the profits from the event will be allocated to a locked RAVE wallet, strengthening the long-term sustainability of the token and maintaining internal liquidity.
NFTs also grant their owners governance privileges, allowing them to participate in decision-making through community votes and initiatives. NFTs give users the privilege of participating in art contests and using them as profile pictures on social platforms.
The RaveGods team also announced that they are developing a version of the community game, EDM Online-based Guitar Hero. The game allows players to compete for NFTs and other rewards, promote community activity, and recognize loyal members.
RaveGods community growth skyrockets ahead of token launch
Although RaveGods’ community participation and development is rapidly increasing, the project’s official token has not yet been launched. The official announcement detailed that the developer plans to launch the token within the next few days, with an NFT collection to follow soon after.
The project will also host a live rave launch party with limited tickets for community members planning to attend on November 21st at Platforms Dance Club in Providence, Rhode Island. Users who are unable to attend can still follow Pump, the X or Solana token launch pad. fun. RaveGods has multiple KOLs and a dedicated marketing team to drive awareness ahead of launch. The project will donate 10% of its profits to mental health charities.
