NFT Farming Is Going Live
Today NFT Farming, Ridotto’s novel and one-of-a-kind solution to decentralized casino ownership, officially is live! The infrastructure through which community members can earn tradable proof of ownership NFTs enables them to customize and profit from Ridotto’s coming catalog of games.
Decentralization is a Cornerstone
To Ridotto, the phrase “decentralization” is more than just a marketing buzzword; it lives at the core of the project and is the point from which all things flow. Not to overstate it, as a standard by which the team measures development progress, decentralization is our North Star as well as our reason for existence.
In this vein, Ridotto’s Ownership NFTs set the infrastructural foundation for the ecosystem. Each one will be specific to the type of game, whether it be a lottery, slot, or specific table game, and will give its owner the ability to customize their casino product’s design, as well as its internal rule structure — house win rate, jackpot size, and more.
For businesses, individuals, charities, and Web 3 native communities, this represents a one-of-a-kind opportunity to earn income while better engaging their core communities.
Decentralized Ownership vs. Decentralized Bankrolling
Ridotto’s ecosystem will be split into decentralized ownership and decentralized bankrolling. Together, they will offer the community the maximum range of options in tailoring their experiences to their needs.
Decentralized Ownership: Casino operators (NFT owners) will have complete control of their games and can choose whether or not, and to what extent, to make their casino products open-source bankrollable. With no intermediary or invasive KYC requirements, all who farm Ownership NFTs with $RDT tokens or buy them from secondary markets can do as they please in customizing their games.
Decentralized Bankrolling: The Ownership ecosystem of retail/partner-managed casino products will stand side by side with Ridotto’s core flagship casino games, which will hold the majority of TVL and be completely 100% bankrollable to Ridotto’s community. These main games will be decentralized in a more traditional open source way, allowing anyone to participate in profit sharing.
How to NFT Farm:
NFT Farming is easy, and can be done in just six quick steps:
Ridotto is the very first cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Built on Cardano, our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity. Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling.
Beyond our vibrant flagship casino, we will unleash retail ingenuity by giving users the decentralized infrastructure to experiment and evolve the gambling ecosystem, much like the App Store did for mobile gaming.