The Rare Fish (RFT) crypto: How is it different from others?

April 13, 2022 01:40 PM BST | By Manu Shankar
 The Rare Fish (RFT) crypto: How is it different from others?
Image source: © Dmfrancesco | Megapixl.com

Highlights

  • The Rare Fish (RFT) is a unique crypto project that primarily is a collection of 8,888 collectibles NFT.
  • Available on leading marketplaces, such as OpenSea, the Rare Fish NFTs will be in the form of exclusive jpeg images.
  • As per the Rare Fish official website, the crypto claims to be a unique mascot designed to bring luck and prosperity to the token owners.

The Rare Fish (RFT) is a unique crypto project that primarily is a collection of 8,888 collectibles NFT. The RFT project is designed to cater to several hot areas of the crypto world, such as GameFI, NFTs, Play-to-Earn, metaverse, etc. The users stand a chance to collect exclusive collectibles and use them for trading purposes. 

Available on leading marketplaces such as OpenSea, the Rare Fish NFTs, will be in the form of exclusive jpeg images. The users can enjoy them and enjoy the benefits of NFTs comprising of corals, shells, seaweed, etc. 

The users of the Rare Fish crypto can swap them for another, and with swap, the holders also stand a chance to catch another Rare fish for a higher rank. The users can swap up to three Rare Fish tokens and get one higher-ranked Rare Fish in their kitty. 

Also read: Sweatcoin (SWEAT) token: What makes it unique?

What are the features of the Rare Fish crypto?

As per the Rare Fish official website, the crypto claims to be a unique mascot designed to bring luck and prosperity to the token owners. Led by the CEO Koi Fish, the Rare Fish is expected to be Enjin project technology, utilising the ERC-1155 standard tokens. 

The users have the luxury to create unique NFTs or collect a set of unique collectibles and rank them differently on the platform. Forming a part of an aquarium, the first user to complete the collection of Enjin aquarium stands a chance to earn impressive rewards. 

Holding the RFT tokens will also see users get the opportunity to earn daily rewards and, at the same time, can trade their RFTs on Enjin's unique marketplace. 

Also read: What is Ethereum's Shadow Fork PoS testing all about?

Conclusion

As these are early days for the Rare Fish crypto token, not much information is available on its official website. As of 21 February, the project is said to have garnered 4,000 followers and is still in the process of developing a strong community for it. It's still in the process of RFT token listing on various DEX (decentralised exchanges) and also developing a play-to-earn game. 

However, as crypto enthusiasts, one must always be cautious while venturing into the crypto market. Before entering the market, one needs to do thorough research to safeguard themselves against various illicit players looking to take advantage of or for various rug pulls.

Risk Disclosure: Trading in cryptocurrencies involves high risks, including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory, or political events. The laws that apply to crypto products (and how a particular crypto product is regulated) may change. Before deciding to trade in financial instruments or cryptocurrencies, you should be fully informed of the risks and costs associated with trading in the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Kalkine Media cannot and does not represent or guarantee that any of the information/data available here is accurate, reliable, current, complete, or appropriate for your needs. Kalkine Media will not accept liability for any loss or damage as a result of your trading or your reliance on the information shared on this website.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next