The NFT space is already overflowing with countless initiatives; this abundance of options has made traders more discerning and selective in their investments. As a result, most of them are no longer looking for projects that provide the best value for their money, just like Bad Bears.
It is a highly promising collection with a supply of 5,555 Bad Bear NFTs with a vision to take over the metaverse. To achieve this goal, the venture has a one-of-a-kind, tokenized ERC-721 based ecosystem built on the Ethereum blockchain.
Due to its remarkable vision, the project has hit the ground running and has already ticked off two things on its roadmap for the first quarter of the year. First off, it has launched its $MSK token. But more impressively, it has already minted the entirety of the collection. Therefore, those who wish to own a Bad Bear can already purchase them through OpenSea.
Up next on its roadmap, Bad Bears is working on its decentralized autonomous organization, which will be the gateway for genesis token holders to earn even more revenue. More specifically, 10% of the profit from the initial Bad Bear mint and royalties in perpetuity will be allocated to the Treasury DAO.
As the project developers have insightfully explained, “This gives holders real power including the ability to vote on what crypto projects and blue-chip NFTs to invest in, how the future of the community is shaped, and exclusive insider votes on future projects and NFT drops. So being a part of the Bad Bears DAO provides additional value to NFT holders than just the floor price of their Bear.”
Aside from that, the Bad Bears come with a passive yield of 100 $MSK tokens per day, giving the community an added incentive to continue holding. These tokens can then be used to purchase various items from Bear Labs, such as serums, viruses, and tech. All of which can help holders acquire new NFTs and increase their stake in the Bad Bears Metaverse. In addition, the venture will be releasing their subsequent collections, Bad Cubs and VX, soon. These will be exclusive to Bad Bear holders and bring even more utility.
All of these features and inclusions are testament to the project’s dedication to creating a long-term venture with increasing value. But perhaps one of the most exciting things that the community is looking forward to is its immensely generous giveaway.
During the draw on March 8, one lucky token holder will get a chance to win the grand prize, a trip to space worth $125,000 or $75,000 worth of ETH. Two other winners will also receive $15,000 and $10,000 worth of ETH, respectively. Each person can have multiple chances of winning the giveaway as the number of Bears they hold increases their entries into the giveaway.
To ensure that its holders are well-informed about upcoming developments, the brilliant creators continue to engage the community by conducting AMA sessions and consistently posting updates on Instagram, Twitter, and Discord.
Ultimately, Bad Bears NFT has solidified its reputation as one of the most auspicious collections in the space. The community can expect more incredible developments as the project rises to the top of the industry.
