Non-fungible tokens (NFTs) are currently booming, with a plethora of promising projects. One of the latest is Space Riders: an Ethereum-based NFT avatar project. The project comes with a lot of ecosystem value as well as a limited amount of available mintable tokens.
If you are looking for the next NFT project to invest in, Space Riders should be top of your list.
About Space Riders
Before staking your funds into an NFT startup, it is important to do some research. Thorough research will give you the needed information about the project and its team. So what is Space Riders?
According to its website, Space Riders is a collection of limited edition 8,888 Space Rider NFTs whose sole purpose is to bring together all Web 3 lovers. Each Space Rider NFT comes with unique features. The NFTs will also grant holders access to several project perks and benefits.
According to the development team, Space Riders is on a mission of unifying the creatives of the Space Riders community. As a result, members of Space Riders will coast and ride in the fast-growing decentralised internet ecosystem together.
The vision of the project is to attract a body of visionaries who are keen on adopting the foundation of NFTs and the digital art industry.
How Many Space Riders Are Available for Purchase
Space Riders is a novel NFT project that concluded its presale and public sales in mid-March. Out of the 8,888 Space Riders NFTs minted, 3,250 were released for presale.
Each wallet was allowed to only mint 2 NFTs at 0.05 ETH each. This put the total at 6,500 tokens. This left a total value of 2,388 tokens once deducted from the total value of 8,888 NFTs.
Additionally, for public sale, each wallet was permitted to mint only 4 Space Rider NFTs at 0.05 ETH each. 100 Space Rider NFTs were taken out and put in the project’s NFT Vault.
At press time, there are currently 2,288 Space Rider NFTs available for purchase across OpenSea and Looksrare.
Perks of Owning Space Riders NFT
Owning a limited edition or exclusive NFT project comes with several benefits. Space Rider NFT is no different. If you are holding Space Riders NFT, the first benefit you’ll receive is the project’s governance token $STAR.
$STAR is an ERC-20 standard token based on the Ethereum network. Each Space Rider NFT fetches 100 $STAR.
Holding on to your Space Rider NFT earns you 10 $STAR as emission every 24 hours. This means you can easily and passively acquire 40 $STAR holding 4 Space Rider NFTs.
Finally, Space Riders NFT holders will also get the chance to enjoy the project’s forthcoming merchandise, upgraded avatars, Metaverse evolution, and play2earn (P2E) development, first-hand.
Earning $STAR from Space Riders
$STAR is an ERC-20 token operating on the Ethereum network. The digital asset is the network token for the Space Riders NFT project. $STAR is a non-liquid asset, meaning 1$STAR equals 1$STAR.
To earn $STAR, users need to hold their Space Riders NFT for a long period. You can get as much as 10 $STAR in 24 hours by holding 1 Space Rider NFT. 2 Space Riders NFTs would net 20 $STAR in 24 hours and 4 NFTs 40 $STAR. Essentially, the longer you hold, the more you earn in $STARs.
How to Buy Space Riders
The easiest way to buy Space Riders NFT is to purchase it on OpenSea or LooksRare. To do this;
Connect either your Metamask or Coinbase Wallet to your selected platform and search for the Space Riders NFT collection.
Select the Space Riders NFT of your choice and follow the on-screen prompts to complete the process.
Voila! You have purchased your first Space Riders NFT. Sit back and earn $STAR tokens.
Conclusion: What’s the Next Step For Space Riders
According to the project’s roadmap, the Community Treasury Wallet is next on the list and this is meant to help in developing the Space Riders NFT ecosystem. The Voting System will also be launched as well as a series of exclusive Space Riders merchandise and collectibles.
Down the line, a comic series on the Space Riders and P2E would be launched. This shows a lot of activities scheduled for the project. With the team working hard, we believe the project would be able to meet up to its set milestones.