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Rug Radio Genesis NFT

OWN THE NARRATIVE! Media for the people, by the people.
Category
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Graphics & Design
Blockchain
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Ethereum
Publisher
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Rug Radio Genesis Team
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What is Rug Radio Genesis NFT?
Rug Radio is a pioneering media platform that operates fully on a decentralized infrastructure. It represents a paradigm shift in the media industry, offering a unique and community-driven approach to content creation, distribution, and ownership. At the core of Rug Radio is the Rug Genesis NFT, the first collection of 20,000 token-yielding Utility NFTs. These NFTs were exclusively available and minted by Rug Radio Membership Pass holders for 0.11 ETH, unlocking a world of benefits and opportunities within the ecosystem.

Rug Genesis NFT: Token-yielding Utility NFTs
The Rug Genesis NFT collection introduces a groundbreaking concept of Utility NFTs that yield tokens. These NFTs serve as valuable assets that provide token rewards to holders on a monthly basis. The distribution of $RUG tokens is based on the cadence set within the ecosystem, creating an incentivized mechanism for token holders. The longer an individual holds their Utility NFT, the more tokens they will receive, fostering a sense of loyalty and long-term commitment within the Rug Radio community.

Empowering Token Holders
By holding a Rug Genesis NFT, individuals become active participants in the Rug Radio ecosystem. The Utility NFTs grant token holders exclusive access to various benefits and privileges, including monthly token rewards. These rewards not only incentivize holders to retain their Utility NFTs but also provide them with a stake in the success and growth of Rug Radio. As the ecosystem expands and evolves, the Utility NFTs become key assets that enable token holders to participate in the governance and decision-making processes.

Decentralized Media Ownership
Rug Radio disrupts the traditional media landscape by embracing decentralization. The platform empowers content creators, consumers, and token holders to collectively shape the direction and content of Rug Radio. With decentralized media ownership, Rug Radio eliminates the influence of centralized authorities and gatekeepers, ensuring transparency, fairness, and community-driven decision-making. This innovative approach not only fosters a sense of ownership but also cultivates an environment where creativity and diversity can thrive.

Building a Vibrant Ecosystem
Rug Radio is focused on building a vibrant ecosystem where participants can engage, connect, and contribute to the growth of the platform. Through the Rug Genesis NFT and the distribution of $RUG tokens, Rug Radio incentivizes active participation, creating a self-sustaining community. The platform encourages collaboration between content creators and token holders, fostering a vibrant and dynamic media landscape that is truly driven by the community.

Rug Radio is revolutionizing the media industry by introducing the world's first fully decentralized media platform. Through the Rug Genesis NFT and the distribution of $RUG tokens, Rug Radio empowers token holders, providing them with unique benefits and incentives. By embracing decentralization and community-driven decision-making, Rug Radio cultivates a vibrant ecosystem where creativity, ownership, and engagement thrive. Join Rug Radio, hold your Utility NFT, and become an integral part of the decentralized media revolution.
Information
Type
Collectible
Blockchain
Ethereum
Platform
Windows, macOS
Publisher
Rug Radio Genesis Team
NFT marketplace
OpenSea
Version
Open Beta
FAQ
The $RUG Token is the utility token of the Rug Radio ecosystem. It can be earned by holding a Genesis NFT or through our rewards program by completing bounties and listening to shows.

The $RDAO Token is the governance token and represents your voting power within the RugDAO. To get $RDAO, you’ll need to swap $RUG tokens with the exchange rate being 1,800 $RUG = 1 $RDAO.

You can claim your $RUG tokens and swap for $RDAO on the Syndicate dashboard. Once you’ve claimed the tokens, add them to your wallet using these contract addresses:
$RUG: 0xD2d8D78087D0E43BC4804B6F946674b2Ee406b80
$RDAO: 0x6235CAEea7C515DaC14060Ec23a760090655F21b
Membership Pass: Holding a Membership Pass allows you to participate in our Rewards Program where you can earn $RUG by engaging on Twitter, completing bounties, and participating in listen-to-earn.

Genesis NFT: In addition to the benefits of holding a Membership Pass, a Genesis NFT allows you to earn $RUG passively ranging from 5 - 11 $RUG per day (no staking needed)

Faces of Web3: This collection is our PFP designed in collaboration with artist Cory Van Lew. While this collection is primary for the art, holders are also able to participate in the Rewards Program.

As the Rug Radio ecosystem continues to expand, there will be additional use cases and utility for each NFT.
Most of our shows are currently hosted on Twitter Spaces, Twitter's live social audio feature, but we are working to onboard new creators and create content across all major platforms, in addition to building our own platform.

Schedules may vary based on host availability, but the latest show schedules are posted daily on our Twitter and can be found on the show schedule page of our Wiki.
We’re currently working on restructuring the process to ensure the best experience for our creators, but applications will reopen within the next couple of months.

In the meantime, fill out our creator interest form and you’ll be first to know when applications reopen.
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