News

Solana-Based NFT DRiP Project Benefits Creators & Users, Here’s How It Works

  • DRiP platform rewards the time and attention of users and creators.
  • The project has seen 200,000 Logins in the last 30 days.
  • DRiP takes all these droplets to reward the creators fairly.

How much is your attention worth? On web2, not so much. When someone scrolls, posts, engages, and sees ads, the company makes a profit and gives the person nothing. On the other hand, the DRiP platform rewards the time and attention of both users and creators.

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DRiP appreciates the value of collectibles in the form of art, rare music, and other interesting items. DRiP is a drop platform in NFTs. The platform rewards users with high-quality art, music, comics, free games and more every week.

However, the creative partners realize that one’s attention is not free. So, instead of serving ads to users, this Platform sends users free content and collectibles in a Showcase.

This Showcase is a free art collection, curated by the DRiP team, that highlights the work of artists, animators, musicians, and other creators on Solana. Previous pieces include Solana Spaceman, RIVALS, The UP Only Cet, and Metropolis.

DRiP also offers other features, such as daily, seasonal rewards, and creator donations. This additional feature allows users to increase the rarity of NFTs, earn bonus rewards, and thank favorite artists.

Solana blockchain-based advanced rewards NFT extend, DRiP reported that it has transported 90 million collectibles by the conclusion of 2023. The project has seen 200,000 Logins within the final 30 days, with 70,000 clients utilizing the stage each day. Since December 1 last year, more than 1.5 million things have been sold in auxiliary deals.

With Solana, everything DRiP does to benefit users and creators can be realized. “Without Solana compression, DRiP isn’t possible. Honestly, we would lose the heart of the product, which is its accessibility.” says Vibhu Norby, Co-Founder & CEO, DRiP  Labs.

Norby explained, The mechanism is quite simple, the prize is realized in droplets.Using Solana, DRiP takes all those droplets every single day and pays out the creator using a stablecoin called USDC. If the creator made $0.02 today, then DRiP will pay $0.02.

This activity is safe, guaranteed and supported by the Solana Foundation. The Solana Foundation may be a non-profit organization found in Zug, Switzerland committed to the decentralization, development, and security of the Solana network. 

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CryptoNewsLand (CNL) is a one-stop online crypto news website that offers the latest happenings in the crypto world.

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