RiseAngle Disrupts the $40B NFT Market with their Latest Offerings

The blockchain revolution that started around a decade ago has led to tremendous innovation and invention. Some of it includes the cryptocurrency market, which is currently worth around $3 trillion and is growing quickly. Then there is the Non-Fungible Token (NFT) Market worth over $40 billion.

However, NFT has a humble beginning and has gradually ballooned to become one of the biggest parts of the blockchain revolution. Also, with the rise of some NFTs with utility, it is becoming an important asset for its holders. 2021 was thought to be the year of the NFT, but the industry has grown so much that it’s now in 2022. RiseAngle, one of the most credible players in the industry, is set to change the market with its new product.

But before we get to the part of what RiseAngle is doing, let us first discuss what NFT is.

What is NFT?

NFT is the acronym for Non-Fungible Tokens. Non-fungible tokens are the class of tokens that are not interchangeable, or, from their name, non-fungible. NFTs are stored on a blockchain and can be traded in various ways. Due to the connection to the blockchain, NFTs have been used as a form of tradable digital assets. This article explains well how to purchase NFTs.

The history of NFT can be traced to the video clip made by Kevin McCoy and Anil Dash in May 2014. The video clip showed McCoy’s wife singing. The video was registered on the Namecoin blockchain, and they called the process “monetized graphics.” This was different from earlier forms of fungible coins called colored coins” on some earlier blockchains. Also, these new sets of digital assets were different from previous assets such as cryptocurrency due to their non-fungibility. While a bitcoin has the same value as any other bitcoin globally, an NFT is uniquely independent of either other NFTs in the blockchain or the collection.

From that humble origin, the first NFT project was called Eteria and was launched at the first Devcon conference, which was merely three months after the launch of the Ethereum blockchain in 2015. However, Ethereum became widely accepted following the launch of the ERC-721 standard, which made it possible to create the first sets of NFT projects such as Curio Cards and Cryptopunks. However, many people say that the introduction of Crypto Kitties games led to more people becoming interested in the NFT.

Since then, there has been a growth in various types of NFT projects and collections. This has brought the industry to a $40 billion valuation. However, the new project by RiseAngle known as RAM seeks to expand the field further. RiseAngle has introduced a revolutionary membership NFT, which will change the way people use NFT from 2022 and beyond.

What is RiseAngle Membership NFT?

RiseAngle is a company that develops groundbreaking games that integrate metaverse and immersive experience into gaming. They are also pioneers of virtuous gaming, which seeks to make the player a better human being by teaching them some real-life lessons. 

Last year, the company took its game to a higher level by launching its Membership NFT. The NFT project is known as RiseAngle Membership (RAM). RiseAngle released the first generation of RAM NFT in 2021 which attracted a large community of raving fans. This NFT allows the holder to mint some NFT collections created or curated by the team. This serves the purpose of helping the holder cut through the noise of myriads of NFT projects coming up, and mint only the best ones (for free). 

Due to the growth in the NFT market, there are thousands of independent projects which sometimes crowd the whole sphere allowing fraudulent projects to cut it through. RAM solves this issue by being a single credible source for minting the best from the new NFT trends. It also allows the holder access to different types of collections. This will include 2D/3D artworks, some including utility. These options will make it easier for people who are getting into NFT for the first time, and those who have been there for a while to understand how to get into the market.

The success of the RAM NFT Gen 1 led RiseAngle to announce a Gen 2.

What is RAM NFT Gen 2?

RAM NFT Gen 2 is the latest offering by RiseAngle, and just like most of their products, it is geared to be disruptive. It is taking the concept of membership NFT further.

First of all, Gen 2 offers the holder of the RAM Gen 2 NFT, 12 months’ access to mint one NFT every month from one distinct NFT collection. In this way, the NFT member will be able to make 12 different NFTs from 12 different collections over the course of their membership.

Also, the membership is transferable (because it is also an NFT). This makes it easier for the holder to sell the membership on secondary markets like OpenSea. However, the new buyer of the RAM NFT will have access only to the remaining months of the NFT’s lifetime. If the initial holder had minted the NFT collections for four months, the new buyer would only have access to the RAM NFT collections for the remaining eight months.

This is a push on the limits of what defines NFT ownership and the utility that comes with it. RiseAngle has the target of helping those who want to invest in the NFT market cut through the noise and find what suits their taste. This will reduce fraud, which is becoming common in the NFT markets and will also increase the holder’s security and access to choice.

Conclusion

Despite the fact that the NFT market has grown by leaps and bounds since blockchain innovation, RiseAngle’s RAM NFT is disrupting the market and pushing the boundaries of what it means to own NFT and how to access NFT.

So what should you do? First, you should join the community by joining their Discord or following the project on Twitter. You can also visit their website to learn more. The future is here.