OverDogs Podcast by Kanpai Media
June 5, 2024STRIKE: The Utility Token Powering Kanpai Pandas
June 5, 2024Dynamic Rarity and Trait System at Kanpai Pandas
Kanpai Pandas has revolutionized the NFT experience with a dynamic rarity and trait system that enhances value and engagement. Here’s how it works:
Daily Panda Points Accrual
Panda holders earn Panda Points daily based on their NFT's rarity. The rarer your Panda, the more points you accrue.
Trait Packs and Customization
Using Panda Points, holders can purchase and equip new traits from the PPDEX (Panda Points Decentralized Exchange). Traits are available in categories such as Backgrounds, Accessories, Clothes, Earrings, Eyewear, Head, and Jewelry. Notable trait packs include:
- Murdered Out
- Beer and Loathing in Las Vegas
- Just Memes
Equipping these traits increases your Panda’s rarity, creating a cycle where a rarer Panda earns more points, which can be used to purchase more traits, further increasing its rarity.
Community Events and Earning Traits
Traits can also be earned by participating in community events like fantasy sports leagues. This ensures that active participation in the community is rewarded, fostering a vibrant and engaged environment.
Transforming Traits into NFTs
Traits can be transformed into standalone NFTs and sold on secondary markets. This feature allows holders to realize additional value from their collections, ensuring that the worth of NFTs can evolve over time.
How It All Works Together
1. Acquire a Kanpai Panda NFT: Start earning Panda Points daily based on your Panda’s rarity.
2. Use Points to Get Traits: Spend Panda Points on new traits from the PPDEX.
3. Increase Rarity: Equip traits to make your Panda rarer.
4. Earn More Points: A rarer Panda earns more points daily.
5. Participate and Earn: Join community events to earn additional traits.
6. Trade and Profit: Transform traits into NFTs and sell them on secondary markets.
7. Enjoy Exclusive Perks: Use "utility traits" and enjoy exclusive perks.
Conclusion
The dynamic rarity and trait system at Kanpai Pandas not only increases the value of NFTs but also provides a rich, engaging experience for holders. By integrating daily point accrual, customizable traits, and community events, Kanpai Pandas has created a unique and interactive ecosystem that continues to evolve and grow.