It has a rarity multiplier of 33X, which means that a holder of this NFT item will receive the Royal Points multiplied by 33 times each month.
It has a rarity multiplier of 23X, which means that a holder of this NFT item will receive the Royal Points multiplied by 23 times each month.
It has a rarity multiplier of 12X, which means that a holder of this NFT item will receive the Royal Points multiplied by 12 times each month.
It has a rarity multiplier of 10X, which means that a holder of this NFT item will receive the Royal Points multiplied by 10 times each month.
It has a rarity multiplier of 8X, which means that a holder of this NFT item will receive the Royal Points multiplied by 8 times each month.
Our distinctly varied and expansive collection features deftly crafted, fully 3D pieces of digital art. Royal Ring’s royalty system divides each month’s profits into 100,000 Royal Points (RP). The RPs themselves are divided among the NFT holders. Hence, on average, each NFT holder will receive 10X RPs. Individually, the multiplying amount for each holder will vary depending on the rarity of their NFTs, divided into 5 different rarities ranging from 8X to 33X.
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Royal Ring is a Utility NFT centered around developing Decentralized Finance (DeFi) services, aiming to provide long-term, sustainable benefits for NFT holders. Royal Ring effectively overcomes the issue of diminishing returns on NFT utilities through inventive products, designed to thrive in perpetuity.
The benefits from Royal Ring will be delivered to our loyal holders through a variety of strong sources: 50% of the commission from our Payment Service Provider RoyalTX. 10% of the lifetime commission from every merchant you refer to Royal Ring's Payment Service Provider [PSP]. 50% of the lifetime commission from the stablecoin - Galaxify's transactions. A chance to become a fully-fledged member of Royal Ring's DeFi transformative ecosystem. Unlimited access to Royal Ring's DeFi academy learning resources. 100% of the secondary sales are allocated to burn Royal Ring NFTs.
A Payment Service Provider (PSP) is a third-party company (Royaltx.io) that assists online businesses to integrate various methods of crypto payments. In our case, the RoyalTX PSP utilizes the API functionality for integration into practically any existing online system, seamlessly providing the Crypto payment solution for businesses.
A stablecoin is a Cryptocurrency that justifies its name by being pegged with an existing Fiat currency or reinforced by a self-adjusting algorithm. In the case of Royal Ring, our stablecoin will be a USD-stable currency with a tightly managed reserve, created from the Collateralized Debt System (CDS). Our CDS will grant individuals and companies a rare chance to obtain financing at a market-low rate with the appropriate amount of collateral Cryptocurrencies. Mentioned collaterals will effectively serve as a reserve for our stablecoin, ensuring its stability and firmly fixed value with the USD.
The PSP referral system provides a unique opportunity for our NFT holders. Each of them will be able to personally search and find merchants (companies in need of a PSP service) and refer them to RoyalTX software. If the said company decides to integrate RoyalTX into its system, the mentioned NFT holder will receive a 10% of commissions from the merchant’s transactions in perpetuity.
The creative team behind Royal Ring utilized their 5 years of DeFi industry experience to develop a polished, intuitive piece of DeFi software. Unlike most of the ongoing competition on the Utility NFT scene, we are entering the NFT market with a completed, ready-to-perform product that will reap instant benefits for our holders. Royal Ring was conceived with a vision to come up with a highly demanded, valuable product and use the developed technology to catalyze our NFT success, not the other way around. This solid foundation elevates our project from volatility and uncertainty, aiming to become one of the most naturally growing NFT projects in the emerging industry.
Enter our official website or the links on our Discord channel to access the minting page. Connect your Crypto wallet, make sure you’re on the Ethereum Network and you’re good to go!
Blockchain technology is approaching a decade from its initial introduction to the worldwide audience. The progression of this game-changing methodology is astronomical, cultivating worldwide interest and exponentially growing its audience. A steady addition of at least 100 million users is indicative of Blockchain’s global outreach. Since this tech is here to stay and gradually taking over the world, a significant effort is necessary to make it user-friendly through simplification of the transaction process, increase of transaction speeds, reducing commission, and a fair bit of streamlining. Royal Ring has been involved in the DeFi niche of Blockchain for more than 5 years, accruing a tremendous amount of insight and experience in this field. Now, our team is ready to take charge and introduce the DeFi solutions that are accessible and convenient for our day-to-day lives.
In order to guarantee your minting spot, you must acquire OG/WL roles in our community. Aside from this opportunity, you can try your luck at the public sale, where everyone will be eligible to mint.
Our first NFT collection will become available on our public mint, taking place at the end of Q2 2022. The public mint will be conducted exclusively through our official website.
Royal Ring will provide a variety of opportunities to get on our Whitelist. Follow Royal Ring on Twitter and Join our Discord to participate in whitelist spot giveaways.
For each wallet, we have a limit of purchasing 2 NFTs maximum.
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