The previous few years saw a huge increase in the sector of NFTs and their integration with the rest of the sections within the industry. Non-fungible tokens have several things to offer, with experts proposing that the true potential of the NFTs is still unexplored to a great extent and would take some years to happen.
Elevated X Issues an NFT Collection Offering Real-World Benefits
Having comprehended these factors, detecting the trends across the market, as well as keeping an eye on the behavior of the consumers, along with detecting the complexities of this market, Elevated X is presenting its collection of NFTs entitled the Savage Dogs.
This collection has 10,000 exclusive non-fungible tokens, classified into 5 rarity levels, taking into account Omega, Delta, Beta, Alpha, and Alpha X.
The rarity level determines the advantages linked to the non-fungible token as well as the level to access the ecosystem. The collection is categorized among the top in the market offering better opportunities as well as providing bigger returns.
The non-fungible tokens of this collection are known as the only ones which provide the holder direct utilities, dissimilar to the rest of the collections.
The consumers of the other collections can keep the digital art piece and can just avail of the benefit when the value witnesses an elevation.
In the case of the Savage Dog, the holders are permitted to stake the non-fungible tokens for nearly twenty-four months along with earning remarkable rewards, taking into account the Elevated X coin (the local crypto token of the ecosystem).
Apart from that, Elevated X is establishing an educational project that would exclusively deal with the people having the Savage Dog NFTs in their possession.
Elevated X will additionally host seminars, and social events on regular basis. An annual conference will also be conducted by it to discuss the progress of the project, the evaluated strategies, as well as the modifications proposed. These things will also be presented to the community.
The Platform Plans an Exchange to Convert Users’ Coins into Fiat
Along with this, Elevated X has the plan to establish an exchange platform that would let the consumers straightly convert the coins into fiat currency.
For the first time, just the NFT holders will have the airdrop of the coins. A Visa card will also be introduced by the venue to let the customers utilize their Elevated X coins for real-world purchases.