What is Rainicorn (RAINI) | What is Rainicorn token

In this article, we’ll discuss information about the Rainicorn project and RAINI token

About Rainicorn - $RAINI

Rainicorn is a deflationary NFT farming token with aspirations of delivering greater value to our HODLers. Off the back of our strong launch, we intend to deliver real alpha to our community via NFT farming coupled with exclusive NFT drops from well-known and emerging artists.

To that end, we will be launching two staking pools, Rainbow, where the holder can lock up $RAINI, and Unicorn, where Uniswap ETH/RAINI tokens can be staked.

The rewards for staking in these pools will be either in Rainbow or Unicorn points, depending on the pool, which can then be used to claim NFTs from our drops. Unicorns will be valued higher than Rainbows.

There’s also no question that NFTs have received flak for the environmental impact that mining on the Ethereum blockchain brings with it. We are committing to offsetting all carbon output with monthly donations to Greening Australia — a non-government organisation founded in 1982 with a strong history in reforestation and habitat repair. Their services are sorely needed after a terrible year in 2020 for Australia with rampant bushfires destroying much of the East Coast’s bushland.

The Genesis of the $RAINI Project

Rainicorn’s co-founders have run a successful fintech business for the past few years, and armed with that experience and their shared passion for art, had wanted to launch an NFT project that addresses some of the shortcomings of current platforms.

A number of key challenges stood out to the founders:

Quality NFTs sell out in minutes in public drops
NFT farming platforms are prohibitively expensive for most
Emerging artists are often locked out of platforms by long waiting lists
The environmental impact of NFTs has not been adequately addressed
There are limited offerings for physical fulfilment of NFT items

The $RAINI Solution — NFT Farming

$RAINI will become a decentralized protocol for NFT farming, which will include exclusive NFT drops, staking, deflationary burns, collectibles, carbon offsets, and charitable giving.

Farming for NFTs

We will be launching two staking pools, Rainbow, where the holder can lock up $RAINI, and Unicorn, where Uniswap ETH/RAINI tokens can be staked.

The rewards for staking in these pools will be either in Rainbow or Unicorn points, depending on the pool, which can then be used to claim NFTs from our drops. Unicorns 🦄 will be valued higher than Rainbows 🌈.

Artist Lineup

As the Rainicorn team is well-connected in the NFT world, we intend to bring both well-established artists and emerging artists to our platform. Each drop will include rarer collectibles which may have higher associated minting fees.

Memes

As our genesis heavily emulates that of a memecoin, we feel it’s only right to honour this and intend to provide a number of community meme NFTs in our drop lineup.

Physical Fulfilment

Art is meant to be enjoyed. The NFT blockchain is a great way of authenticating collectibles, but there are currently limited means by which to experience these pieces outside of NFT platforms. We will offer physical fulfilment of NFTs, with printed QR codes that link physical items to the corresponding token on the Ethereum blockchain.

Deflationary Tokenomics

As our ambitious planning has accelerated, our original thinking around token burns has evolved. The original burn plan was conceived prior to Rainicorn’s expansion in scope, and with that in mind we want to be certain that our tokenomic design creates as much value as possible for our ecosystem.

As such, we will be distributing any revenue from minting fees in the following way:

The largest component will, of course, go to the artist.
Charitable giving & offsetting the environmental impact of NFTs.
$RAINI token buy-backs, which should increase the value of $RAINI tokens by adding buy side pressure. All tokens purchased in this way will then be burned, which should further increase token value, by reducing the number of tokens remaining in circulating supply.
Covering costs and investing in Rainicorn’s roadmap, such as building out our future Launchpad & VC offerings.

Tokenomics

1,000,000,000: TOTAL SUPPLY (FIXED)

500,000,000: INITIAL BURN

30,000,000: INITIAL TREASURY BALANCE (6%)

Would you like to earn TOKEN right now! ☞ CLICK HERE

How and Where to Buy Rainicorn (RAINI)?

Rainicorn is now live on the Ethereum mainnet. The token address for RAINIis 0xeb953eda0dc65e3246f43dc8fa13f35623bdd5ed. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

Just be sure you have enough ETH in your wallet to cover the transaction fees.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step

You need a wallet address to Connect to Uniswap Decentralized Exchange, we use Metamask wallet

If you don’t have a Metamask wallet, read this article and follow the steps

☞What is Metamask wallet | How to Create a wallet and Use

Next step

Connect Metamask wallet to Uniswap Decentralized Exchange and Buy RAINI token

Contract: 0xeb953eda0dc65e3246f43dc8fa13f35623bdd5ed

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once RAINI gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ https://www.binance.com
☞ https://www.bittrex.com
☞ https://www.poloniex.com
☞ https://www.bitfinex.com
☞ https://www.huobi.com
☞ https://www.mxc.ai
☞ https://www.probit.com
☞ https://www.gate.io
☞ https://www.coinbase.com

Find more information RAINI

☞ Website ☞ Explorer ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Message Board 2 ☞ Coinmarketcap

🔺DISCLAIMER: Trading Cryptocurrency is VERY risky. Make sure that you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your funds

If you are a beginner, learn about Cryptocurrency in this article ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner

Don’t hesitate to let me know if you intend to give a little extra bonus to this article. I highly appreciate your actions!

Wallet address:

BTC : 1FnYrvnEmov2w9fovbDQ4vX8U2dhrEc29c
USDT : 0xfee027e0acfa386809eca0276dab286900d75ad7
DOGE : DSsLMmGTwCnJ48toEyYmEF4gr2VXTa5LiZ

Thank for visiting and reading this article! Please don’t forget to leave a like, comment and share!

#bitcoin #crypto #raini #rainicorn