RADA
  • Background
    • Background
      • Overall problems
      • Purpose
      • Goals
  • RADA Nurturing Program
    • Nurturing Program
      • Overview
      • Structure of the RADA Program
      • The Partners and Participants
      • Blockchain in RADA Program
  • Professional Sports Team Management
    • Acquiring a European FC in lower leagues
      • Overview
      • Acquiring the Club
      • Opportunities and Motivation
      • Vision
      • Success in Sports Management
      • The Ultimate Aim
      • Due Diligence Process
      • Implementation of Web 3.0 blockchain
  • Ecosystem
    • Ecosystem
      • Decentralized RADA
      • Ecosystem overview
      • Governance
        • The RADA DAO
        • Two-track Hybrid DAO
      • Safety module
        • Explore RADA Asset (ERA)
        • Burning
      • RADA NFT
        • Definition of RADA NFTs
        • Principal components of RADA NFT
        • Roles of RADA NFT in the ecosystem
  • Tokenomy
    • Tokenomy
      • Allocation of RADA tokens
      • RADA token usage
      • Reward source and allocation
      • Blockchain Network
      • NFT Marketplace
      • Wallet Service
  • Roadmap
    • Roadmap
  • RADA CREW
    • RADA Crew
  • Legal Disclaimer
    • Legal Disclaimer
  • FIND OUT MORE
    • Official Website
    • Social Media
      • RADA Discord Community
      • RADA Medium Blog
      • RADA Telegram Channel (English)
      • RADA Twitter Channel
      • RADA Facebook Page
Powered by GitBook
On this page
  1. RADA Nurturing Program
  2. Nurturing Program

Blockchain in RADA Program

We aim to implement blockchain in our management, especially the NFT, to our RADA program. We will bring the combined concept of NFTs to take benefit of the tamper-resistant blockchain of smart contracts, and they will become a potent force for change. NFTs are digital representations of assets that can be bought and sold online with cryptocurrency and are generally encoded with the same underlying software as many cryptos. The NFT writes unique identification codes and metadata that distinguish them from each other (Conti & Schmidt, 2022).

The RADA program plans to adapt “the draw” system to our NFTs. As we can combine drop methods to prevent certain risks, we will take this opportunity to create a new wave, the RADA way of selling NFTs. The RADA draw system will only accept the RADA token to enter. The essential point is the gamification factor for our users (clients), who will receive one randomly selected NFT with their draw, resulting in having multiple entries to collect a full collection of our NFTs.

In our unique NFT plan for the RADA program, we will drop a “funding” NFT. Through our foundation, we will be able to offer an “identify and participate” funding NFT for holders who seek benefit by supporting the next star player by their potential. In many cases, the player needs to have sponsorship. It could be capital, equipment, or travel support, and they are often needed more in their youth period. We will provide the player with everything needed, and we shall have dignity, respect, and financial benefit through funding and enhanced value of our NFT.

PreviousThe Partners and ParticipantsNextAcquiring a European FC in lower leagues

Last updated 1 year ago