Bid on Mocas. Earn $RARI.

Introducing the Mocaverse $RARI Rewards Program.

Bid on Mocas. Earn $RARI.
TL;DR:UPDATE: The Rewards Program is live now! Head to the marketplace to bid and earn $RARI.• Rarible continues its partnership with Mocaverse, a massive Web3 gaming, culture, and entertainment ecosystem.• As part of the new rewards program, you can earn $RARI by bidding on the Mocaverse marketplace. Learn more about the conditions below.• The program will run from September 18 to November 3, 2023.

What’s better than a cute cartoon PFP that makes you part of a massive Web3 gaming, culture, and entertainment ecosystem? A cute cartoon PFP and some $RARI tokens!

Continuing our partnership with one of the largest web3 companies — Animoca Brands — and its Mocaverse project, we’re excited to announce a new collaborative rewards program.

It’s very simple: starting from September 18, you can receive $RARI rewards by making collection bids on the Rarible-powered Mocaverse marketplace, also known as MocaMart.

This rewards program was made possible by the RARI Foundation, an independent organization governed by veRARI (locked $RARI) holders, and its initiative to fund incentives for marketplaces built on Rarible Protocol.

Now let's get to the details.

How to earn $RARI on MocaMart

Essentially, it’s as simple as that: To receive rewards, you must make a collection bid on the Mocaverse marketplace.

The Mocaverse $RARI Rewards Program will run from September 18, 2023 14:00 UTC to November 3, 2023 00:00 UTC with a total of 45,000 $RARI allocated.

Here are some simple rules for this rewards program:

  • The minimum bid requirement is at least 0.75x the floor price. (For example, if the current floor is 1 ETH, you must bid at least 0.75 ETH to be eligible for rewards.)
  • Only bids valid for 5 or more minutes will be counted.
  • A snapshot will be taken every 10 minutes starting from September 18, 2023 00:00 UTC.
  • Top 100 bids within the 10 minute timeframe will accumulate points based on their placement on the leaderboard.
  • Earned points convert to claimable $RARI at 00:00 UTC every 24 hours.
  • When you claim your $RARI rewards, they get automatically locked as veRARI for 9 months.

Participants will be able to see their rewards here once the program is live.

That’s basically it! Oh, we almost forgot to mention that when you lock 100 or more $RARI as veRARI (so you just have to get enough points and the rest is done automatically), you start paying no marketplace fees on and on thousands of Rarible Protocol-powered NFT marketplaces.

If you want to learn more about Mocaverse, visit our blog post. Notably, Animoca Brands just raised $20 million to develop the project, so there is much more to come!

As for now, get ready to make bids on those cute Mocas and check out the MocaMart.