--- tags: Mystic Whales, Template --- # Rara Protocol **Background** Like to earn lauching RARs as tokens, spin high velocity during the race Any NFT to sell reaction assets, and curate other NFTs when you burn your reactions, you put the permanent reactions onto the NFT NFTs can make Bring accessibility to crypto unlike any other crypto consumerables, crypto today is a capital asset. Crypto consumerable adding a consumption formula into the protocol Race - bring people to the app, train them into curation and pay them for it. Use Rars, earn Rars - 9 spots in the race to start You earn your first 100 by verify Twitter RARs are non-transferable but RARAs will be, curators will get rewarded. You can't curate your own NFTs **Objectives** 1. onboarding - Race 2. Taste scores - reputation (permanent onchain, not tradeable) - Rotten Tomatoe Critic Score/Fan Score. Bring back cultural relevance. 3. Doing a drop - come hang with the Race, drop will expire - drop RARs 50% community, 20% team, 20% investors, Rest to treasury RARs transition to RARAs - currently distributed. RARs will never be transferable. Protocol launch - Jan 2022f **Goals** - Bring accessibility to crypto unlike any other - crypto consumerables - Turning Media into money, money can be anything you want it to be. Media front/money in back **Scope** 1. Signal for the race (20 curators at launch of the race) Nov 17-18 2. Getting high signal curators - some currently coming through beta test, WOM, closing people 3. RARA Protocol - potentially being able to wrap their cryptopunks, can sell reactions, protocols can set reactions/the quant data - feedback the modeling of the protocol - payouts - systems design 4. Need distribution advice/Like-To-Earn/Flow-of-Funds - token earning logic design - race is a testing for the tokens - play with the economics of who pays what **Milestones** Closing $1M Seed in SAFEs Future Considerations **Out of Scope ** Development Project Exit **Key Stakeholders** Curators Crypto economist Constrains/Assumptions/Risks/Dependencies Deliverables** **Resources** https://rarasocial.notion.site/The-NFT-RA-CE-Beta-Testing-0be60505146b4e409849bacafce401cd