Redbrick Account Token — Brc:ID
A New Paradigm in Web3 User Accounts
Redbrick is harnessing the latest blockchain technologies and trends to push beyond traditional Web2 user accounts, introducing a pioneering initiative to mint User Account NFTs.
Redbrick will mint a total of 10,000 user account NFTs, “Brc:ID”, using SmartLayer’s ERC-5169 and ERC-404 standards, on SmartLayer Launchpad.
Purpose of User Account NFT
The main purpose of introducing User Account NFTs is to integrate key user assets within the Redbrick platform (badges, points, levels, referral codes) with the liquidity and tradability of NFTs, i.e., to enhance their value by linking them to NFTs and making them tradable and exchangeable.
Advantages of User Account NFT
◼ Added Value and Tradeability:
Brc:ID NFTs transform static, non-tradable assets by linking a user’s key platform assets with NFTs, turning digital existence into a valuable commodity. Users can trade or sell their entire account as needed.
◼ Flexibility in Trading:
Adopting the ERC-404 standard allows Brc:ID NFTs to be traded not only in traditional NFT marketplaces but also on DEXes, enhancing accessibility and liquidity.
◼ Monetization of Platform Engagement:
Holders of Brc:ID NFTs can continuously accumulate assets on the platform and monetize their account by selling the NFT when deemed beneficial.
Eligibility for the SmartLayer Launchpad
To participate in the Brc:ID NFT minting, potential users must actively engage with the Redbrick community:
- Follow Redbrick on Twitter
- Join the Redbrick Discord
- Stake a certain amount of SLN tokens (details to be announced)
- Staked SLN tokens will earn a certain amount of interest
- 🌌 Go to Launchpad >
This initiative aligns with the Web3 trend of increasing user engagement and rewarding community participation, while recognizing user assets as valuable digital properties that can be owned and traded by the users themselves.
Looking Forward
With this unique NFT minted on the SmartLayer Launchpad, Redbrick will bring the next step in digital asset ownership and management to the community.
Brc:ID NFTs will provide users with unprecedented flexibility and liquidity options, setting a new standard for user accounts in the Web3 era.
Stay tuned for more information and updates on minting dates! We will keep providing updates through the Redbrick community and Twitter.
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