The creative community and NFT (non-fungible token) warehouse, ADOR, started its token event this week. ADOR is a blockchain-based ecosystem developed to meet the needs of the growing creative community. The network combines the ease-of-earnings of DeFi with the benefits of a blockchain-based minting & gig ecosystem.
The project aims to provide content creators, collectors and supporters with a digital alternative to the current systems. As a result, ADOR is a powerful tool for anyone seeking to build their online presence, residual income and virtual Inventory.
With current platforms like Don’t buy meme, Rarible, and Nifty Gateway, ADOR seeks to combine the best features of them all with a unique approach. The developers are chain agnostic at heart, so their 1st release on Ethereum will just be the tip of the iceberg for them. Top sites like OpenSea and SuperRare are easily set to bring in millions of dollars for the creators and ADOR will join the ranks of these sites with their line up of top tier talents and partners.
Problems ADOR Attempts to Fix
ADOR attempts to fix some of the most pressing issues currently faced by the creative community, such as competitive monetization, and brand awareness. Sadly, the traditional art, fashion, film, and music industry models are designed with the artist’s needs at the bottom of the totem pole.
These highly centralized networks are well-established and have a tremendous amount of control over the market. ADOR seeks to flip this model on its head by providing a fair and open-sourced space for equality and artistic development.
Benefits of ADOR
ADOR introduces a plethora of benefits to this sector. The network was built from the ground up to help boost the needs of creators seeking to turn their skills into a fun-filled career. In this way, developers believe ADOR can usher in a virtual renaissance built on blockchain technology’s stability.
The New Normal
ADOR believes media can be used as a tool for positive growth and conditioning. Normally the term “NFT – non-fungible token” has been used to describe virtual items… but they are so much more. To better represent this fact, ADOR is coining the term “MeWu, media experiences with utility”. Recently an artist, Omb, minted a MeWu that promotes mental health and wellness, using techniques endorsed by both top athletes and ancient societies.
Exclusive NFT’s “MeWu’s”
NFT’s continue to gain popularity and value. NFT’s differ from traditional tokens because they are unique. Every NFT is blockchain verifiable. As such, NFT’s can develop a strong demand.
Some love bitcoin because of the locked 21 million token supply, but what if your favorite creator released 21 rare digital tokens to collect. Now you can see a glimpse of what’s to come and why the ADOR marketplace can thrive for years to come. This demand is increased when dealing with extremely rare and exclusive NFTs over time. In 2020, some virtual items sold for over $100,000, and in 2021 a few million-dollar releases made headlines.
ADOR users also gain access to a bunch of perks & rewards. For example, 50% of marketplace fees will be shared with DEDICATED ADOR NFT holders. These rewards MeWu’s will have a limited supply and will be sold monthly. The network also has various promotions like video creation, article submission, and more.
Creators can monetize their virtual items 24/7 using ADOR. The network provides these individuals with a global audience and a secure and fair market to conduct transactions. The platform allows creatives to earn crypto doing what they love.
One of the most unique aspects of ADOR is its DeFi integration. Users gain access to the top features of the DeFi sector. Anyone can earn points and claim exclusive MeWu’s for free as well as hire talent they love.
How Does ADOR Work
ADOR combines various technologies to allow anyone to shop and learn about virtual innovation. The network offers creatives access to powerful development tools to accomplish this task. In this way, users can earn, sell, and market their services and creations globally with ease.
ADOR users can obtain passive profits when they participate in the network’s yield farming pools. The network offers a nice selection of pools. Specifically, ADOR supports ADOR/ETH, ADOR/DAI, ADOR/UNI, and ADOR/ARTZ. The platform is set to host a 300% APY farming event for the first year, only 90 positions are available.
At the core of this creative ecosystem is the ADOR token. This ERC-20 compliant utility token is what users need to unlock all the features of this next-gen network. Notably, there will be only 99,999 $ADOR’s issued in total. This low token issuance is sure to help drive future demand.
ADOR Token Generation
The ADOR Token event is now live. You can participate using the Ethereum token (ETHER). The cost of ADOR is set at 0.011ETH a piece. Interestingly, the first 10 people to send 1 ETH to the network will also receive a rare bonus video NFT.
Only early bird investors will ever receive this video piece. In total, this stage of the event is set to last seven days. Developers have stated that they intend to continue this event in waves, with each wave seeing an increased price.
ADOR is set to have a strong entrance into the market. The network is listed on the world’s largest DEX (decentralized exchange) Uniswap with some activity from company hires and developer work. Additionally, various popular centralized exchanges will list the token soon. This added liquidity will help build a solid foundation for the ADOR token in the coming weeks.
Exciting Projects to Watch
ADOR’s team is more than just words. The project’s lead manager “BitSavage” is working with ENJIN and a few top influencers to produce some innovative releases through ADOR. He is an all-around storyteller and trendsetter, here is a cryptic song he released on AUDIUS. Notably, he is also Algorand ambassador and Casper labs advocate.
ADOR – A Stepping Stone to Create a Fairer Economy for Creatives
ADOR will be a significant hub for creatives around the globe. The network’s focus on NFTs and its integration of DeFi is sure to raise investor interests. For now, those seeking to participate in Ador’s crowdsale can do so here.