Exchange OneRare

What is OneRare (ORARE)?

OneRare (ORARE) is a pioneering culinary metaverse that merges the world of cryptocurrency with the global food industry, launched by Supreet Raju and Gaurav Gupta in 2021. It’s a revolutionary project aimed at creating a unique digital experience for food enthusiasts.

OneRare project milestones

• Launch in 2021: OneRare kicked off with an innovative approach, integrating food elements into blockchain.
• Expansion to new food networks: By 2022, OneRare extended its partnerships, collaborating with various global food brands.
• Release of foodverse features: Introducing a comprehensive offering of digital collectible recipes and ingredients.
• Implementation of gamified experiences: Engaging users through interactive culinary games within its metaverse.
• Community growth and involvement: Reaching a robust user base actively participating in the food ecosystem.

Stay updated with the latest OneRare (ORARE) news, as any update may significantly affect the ORARE price.

Tokenomics of ORARE

ORARE operates on the Ethereum blockchain serving as the native utility token of the OneRare platform. It is primarily used to incentivize users, purchase digital culinary collectibles, and enable transactions within the food metaverse. ORARE is categorized as an ERC-20 token with a capped total supply of 100 million tokens.

Key features of OneRare (ORARE)

OneRare stands out for its unique fusion of gastronomy and blockchain, creating a digital foodscape like no other.

• Food NFTs: Unique non-fungible tokens represent various food items and recipes, offering a compelling digital experience.
• Interactive culinary games: Users can participate in gamified experiences, adding an entertainment layer to the metaverse.
• Partnerships with real-world food brands: Collaborations bring authenticity and real-world value to the digital offerings.
• DeFi integration: Allows users to leverage DeFi features, adding liquidity and earning opportunities within the network.

Below are some main use cases for OneRare:

• Collect and trade exclusive digital food NFTs.
• Engage in immersive culinary games and challenges.
• Utilize ORARE in DeFi protocols for better yield opportunities.
• Participate in DAO governance for deciding platform developments.

The average fees on the OneRare Network

The average transaction fee on the OneRare Network is approximately 0.01 ETH, equating to around $20 USD, influenced by Ethereum’s current gas prices.

The ORARE token wallets

• MetaMask: A reliable Ethereum wallet offering a seamless integration with decentralized applications.
• Trust Wallet: Known for its secure interface and easy access to various ERC-20 tokens.
• Ledger Live: Paired with hardware wallets for enhanced security and asset management.
• Coinbase Wallet: Provides a user-friendly interface with robust support for OneRare and other assets.
• MyEtherWallet: A trusted web-based option for securely handling Ethereum-based tokens.

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