Rainicorn

Rainicorn is a deflationary NFT farming token that allows its holders to mint limited edition NFTs and trading cards. Token holders can stake their $RAINI to earn Rainbows 🌈, or stake their RAINI-ETH or RAINI-BNB LP Tokens to earn Unicorns 🦄. Rainbows and Unicorns will be redeemable for exclusive Core NFTs, available only through the Raini platform. In some cases, users will be able to “top up” their NFT purchases using ETH or BNB if they do not have enough Rainbows and/or Unicorns for a specific purchase. The top-up cost will ultimately be less attractive than using Rainbows/Unicorns alone as the purchase medium but will be an option nonetheless. Holders of Core NFTs will be able to burn a number of identical copies to upgrade to a higher Gold tier. For example, Rainicorn may organise a drop with a max of 50 copies a particular Core NFT. In this case, any individual wallet that manages to accumulate 10 copies of this Core NFT may burn them all for 1 Gold version of the same NFT. Holders of Gold NFTs will be able to burn a number of identical copies to upgrade to a higher Chromatic tier. Continuing the above example, if an individual wallet managed to accumulate 30 copies of the same Core NFT, they could burn all of them to produce 3 Golden copies, and then burn all 3 Golden copies to produce 1 Chromatic NFT. As in the above example, there will only ever be enough supply of Core NFT’s for a maximum of 1 Chromatic edition of that NFT to be produced, along with a small number of Golden versions.