Pixelated Ryoshi Tales VIP a DN404 Drop
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Now that the community has begun to understand the DN404 protocol with the release of zkCronies it is time to continue to shape and push the new meta which is beginning to arise! Next will be our first DN404 Launchpad! This next launchpad will be the first official Ryoshi Tales release on Cronos zkEVM and by a very special artist Dead Beat Dads of Cronos!! This will be a special collection of 300 NFTs hand drawn by Panda of the Dead Beat Dads. Each NFT features pixelated representations of the original Ryoshi Tales VIP collection you all know and love!
These Ryoshi Tales NFTs will be stakable in our Bank and Barracks protocols giving you boosted APRs on FRTN and LP staking or extra troops to send into battle, harvest resources, or earn bonus farming rewards. This launchpad will work differently than you are used too! As these are DN404 NFTs that means that they can be minted by purchasing them directly from the DEX. However, this causes the mint cost to increase with each purchase from the DEX and there is no way to place a limit on how many someone can mint.
On the flip side minting directly from the DEX builds the much needed liquidity for the collection and creates price discovery! To this points we will give you both best of both worlds. Half of the collection will be sold on our traditional launchpad at a fixed price mintable by any wallet every 5 minutes while the other half will be seeded on the DEX at the same price. This gives you, the beloved user, two options for minting! Either at the fixed price on the launchpad or the variable price on the DEX. This should lead to some interesting arbitrage opportunities as the DEX price fluctuates and will minimize the abuse of one account minting a large chunk of the supply directly from the DEX.
We are very excited to see the communities reaction to this new kind of token launch which will be this Friday the 13th here!