ROBOTERA
ROBOTERA
Jun 16, 2022 - Jun 23, 2022
Marketplace: OpenSea OpenSea
Blockchain: Ethereum Ethereum

In Robotera, you can become a robot and participate in the creation of the world by managing your own land and acquiring resources. Holding a Robot NFT will unlock various benefits such as receiving airdrops, the ability to rent and trade your robot for profit, the ability to mine minerals, cast components and craft robot companions, and the ability to become part of the Robotera community and have a say in its development through a DAO voting process.

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Explanation of the Key Terms

NFTs

NFTs have taken the art world by storm, providing a new way for artists to monetize their work and reach new audiences. With NFTs, artists can sell unique, one-of-a-kind digital assets that are verified on a blockchain, providing a new level of authenticity and ownership to their work. Collectors can buy and trade these digital assets just like they would with physical art, and artists can earn royalties on each sale. NFTs are also being used in other industries, such as gaming and music, as a way to provide unique and tangible value to digital content.

DAO

A DAO, or Decentralized Autonomous Organization, is an organization that operates through smart contracts on a blockchain network. In a DAO, decision-making processes are decentralized and based on the consensus of the community rather than on a centralized authority. DAOs are designed to be autonomous, meaning that their actions and transactions are executed automatically based on pre-defined rules and conditions set by the community members. DAOs have the potential to revolutionize traditional organizational structures by eliminating the need for a central authority and increasing transparency, accountability, and efficiency. DAOs have already been used for a variety of purposes, including investment funds, social media platforms, and even political campaigns. As the technology behind DAOs continues to develop, it is likely that they will become an increasingly popular way for communities to organize and govern themselves.

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